Safemoon price prediction 2025 | Is it legit and a good investment?
In this article, we will explain what a safe moon is. We will also explain it is a legit investment and should we invest in Safemoon.
What is Safemoon?
The safe moon is a BEP-20 token launched on the Binance Smart Chain ecosystem on March 8 in the year 2021. BSc is a centralized Finance (Cefi) ecosystem and a perfect competitor to the Etherum decentralized finance ecosystem. SafeMoon was quickly risen to be Binance’s third-largest token by market capitalization.
Its website says that this cryptocurrency has three very core components. The first one is reflection. This is where SafeMoon transactions are charged with a fee distributed among the holders of the token.
The second one is perfect because it is free to charge on transactions given to various liquidity pools on the Pancake Swap and the others platforms. The third component is a token burn that will occur on each trade. Nowhere in the whitepaper or the rest of the site will clarify the percentage of each transaction that gets burned. It only says that transactions are texted a 10% fee that is split in two ways.
5% will go to the reflection rewards and 5% to the liquidity pools.2.5% of the 5% sent to the liquidity pools is covered into the Binance Coin (BNB) to ensure your safe liquidity moon and the Binance Coin pair.
The Safemoon whitepaper states that they have intended to have a manual token which is burned by the team. These burns do not seem to have a prebuilt mechanisms in the SafeMoons protocol but can be done at the team’s discretion.
Having burns controlled by the team and promoted based on achievements helps to keep the community rewarded and informed. SafeMoon aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term.
Furthermore, the total number of SAFEMOON burned is featured on our readout located on the website.
It is very much unclear what criteria the team uses to make these decisions, nor is it clear what level of autonomy the team has in changing the SafeMoons max supply. The team’s ability to burn the token at their discretion could potentially manipulate supply and price.
As seen above,416 trillion Safemoon have been burned so far. This quantity is very accurately represented by the following wallet, which looks to be SafeMoons burn address.
It is currently ranking 202 on the coinmarketcap with around $w2.9 billion market capitalization and a circulation supply of 585 trillion tokens. The total supply of safe moon is quadrillion tokens.
Who created the SafeMoon?
The token is run by a group of around six that all look to have the same degree of the previous work history.
According to the LinkedIn profiles, the CEO, John Karoly, CTO, Thomas Smith, and community Manager, Trevor Church, worked and founded an indie game studio called Tano, an acronym for Technically A New Operation.
TANOS website includes only the world’s “Alpha Launch Coming. So it is very unclear if this is a functioning business or something that is yet to come in the future. The CTO, Thomas Smith, got the most established work history of the group with various software engineering roles held at a number of companies.
The rest of the team seems to have varying experience in web development, general development, or game development.
While educating or the experience at larger companies is not prerequisite for creating a cryptocurrency, their work history and credentials seem to be unclear.
They all promote Safemoon on their Twitter accounts which isn’t that ordinary from the crypto project leaders. However, it is still hard to say how simple the project is or how qualified they are.
So should you invest in SafeMoon?
People are very confused about whether they should invest in SafeMoon or not. Choosing to invest in Safemoon is a very personal decision that should be made on the basics of how much risk do you want to take.
The success of the SafeMoon depends upon the Binance, the SafeMoon team, and whatever community is actually built around it. A calculated investment in the SafeMoon would require the investor to consider the centralization of the Binance Smart Chain and how much control the Binance has over it.
It would also require a level of faith in the legitimacy of the SafeMoons team, which has little, very little proof of the previous success.
Safe moon, along with all the other tokens on the Binance Smart Chain, is effectively at the whim of the binance with a centralized nature of the proof of authority.
If Satoshi Nakamoto returned and could make the direct edits to the Bitcoins code and have it implemented to every miner and node in the network, it would no longer be decentralized. It would therefore reduce the faith in the system.
An investment in Safemoon while in its current stage would be pure speculation as it is not yet a proven team or a project. However, should Bitcoin continue on its trajectory in the bull market, then there is a chance that Safemoon will also increase.
SafeMoon price prediction for 2025
People are still thinking that investing in SafeMoon is a good option for them or not. According to the WalletInvestor, the altcoins price will reach $0.000036 a year from now on, which implies a 780 percent upside potential to the current price. Likewise, WalletInvestor expects Safe Moon’s price to hit $0.00016 a year from now on and suggests a 38000 percent upside.
Final words
In this article, we have explained what Safemoon is. We also described who created it and how. We also spotlight whether you should invest in the SafeMoon and give a price prediction in the coming years.
Before jumping to the direct conclusion, we recommend you do some research of your own before jumping on to the direct conclusion.
Safemoon price prediction 2025 | Is it legit and a good investment?
In this article, we will explain what a safe moon is. We will also explain it is a legit investment and should we invest in Safemoon.
What is Safemoon?
The safe moon is a BEP-20 token launched on the Binance Smart Chain ecosystem on March 8 in the year 2021. BSc is a centralized Finance (Cefi) ecosystem and a perfect competitor to the Etherum decentralized finance ecosystem. SafeMoon was quickly risen to be Binance’s third-largest token by market capitalization.
Its website says that this cryptocurrency has three very core components. The first one is reflection. This is where SafeMoon transactions are charged with a fee distributed among the holders of the token.
The second one is perfect because it is free to charge on transactions given to various liquidity pools on the Pancake Swap and the others platforms. The third component is a token burn that will occur on each trade. Nowhere in the whitepaper or the rest of the site will clarify the percentage of each transaction that gets burned. It only says that transactions are texted a 10% fee that is split in two ways.
5% will go to the reflection rewards and 5% to the liquidity pools.2.5% of the 5% sent to the liquidity pools is covered into the Binance Coin (BNB) to ensure your safe liquidity moon and the Binance Coin pair.
The Safemoon whitepaper states that they have intended to have a manual token which is burned by the team. These burns do not seem to have a prebuilt mechanisms in the SafeMoons protocol but can be done at the team’s discretion.
Having burns controlled by the team and promoted based on achievements helps to keep the community rewarded and informed. SafeMoon aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term.
Furthermore, the total number of SAFEMOON burned is featured on our readout located on the website.
It is very much unclear what criteria the team uses to make these decisions, nor is it clear what level of autonomy the team has in changing the SafeMoons max supply. The team’s ability to burn the token at their discretion could potentially manipulate supply and price.
As seen above,416 trillion Safemoon have been burned so far. This quantity is very accurately represented by the following wallet, which looks to be SafeMoons burn address.
It is currently ranking 202 on the coinmarketcap with around $w2.9 billion market capitalization and a circulation supply of 585 trillion tokens. The total supply of safe moon is quadrillion tokens.
Who created the SafeMoon?
The token is run by a group of around six that all look to have the same degree of the previous work history.
According to the LinkedIn profiles, the CEO, John Karoly, CTO, Thomas Smith, and community Manager, Trevor Church, worked and founded an indie game studio called Tano, an acronym for Technically A New Operation.
TANOS website includes only the world’s “Alpha Launch Coming. So it is very unclear if this is a functioning business or something that is yet to come in the future. The CTO, Thomas Smith, got the most established work history of the group with various software engineering roles held at a number of companies.
The rest of the team seems to have varying experience in web development, general development, or game development.
While educating or the experience at larger companies is not prerequisite for creating a cryptocurrency, their work history and credentials seem to be unclear.
They all promote Safemoon on their Twitter accounts which isn’t that ordinary from the crypto project leaders. However, it is still hard to say how simple the project is or how qualified they are.
So should you invest in SafeMoon?
People are very confused about whether they should invest in SafeMoon or not. Choosing to invest in Safemoon is a very personal decision that should be made on the basics of how much risk do you want to take.
The success of the SafeMoon depends upon the Binance, the SafeMoon team, and whatever community is actually built around it. A calculated investment in the SafeMoon would require the investor to consider the centralization of the Binance Smart Chain and how much control the Binance has over it.
It would also require a level of faith in the legitimacy of the SafeMoons team, which has little, very little proof of the previous success.
Safe moon, along with all the other tokens on the Binance Smart Chain, is effectively at the whim of the binance with a centralized nature of the proof of authority.
If Satoshi Nakamoto returned and could make the direct edits to the Bitcoins code and have it implemented to every miner and node in the network, it would no longer be decentralized. It would therefore reduce the faith in the system.
An investment in Safemoon while in its current stage would be pure speculation as it is not yet a proven team or a project. However, should Bitcoin continue on its trajectory in the bull market, then there is a chance that Safemoon will also increase.
SafeMoon price prediction for 2025
People are still thinking that investing in SafeMoon is a good option for them or not. According to the WalletInvestor, the altcoins price will reach $0.000036 a year from now on, which implies a 780 percent upside potential to the current price. Likewise, WalletInvestor expects Safe Moon’s price to hit $0.00016 a year from now on and suggests a 38000 percent upside.
Final words
In this article, we have explained what Safemoon is. We also described who created it and how. We also spotlight whether you should invest in the SafeMoon and give a price prediction in the coming years.
Before jumping to the direct conclusion, we recommend you do some research of your own before jumping on to the direct conclusion.
