SafeMoon’s worth has gone up 306% previously 30 days, pushed by elevated curiosity from new DeFi buyers.
SafeMoon worth is up by 6.7% within the final 24 hours and greater than 300% up since mid-April. The token’s efficiency is right down to elevated shopping for strain from buyers eager to reap rewards by holding the token of their wallets.
The place can I purchase Safemoon?
You should buy SAFEMOON from any of the cryptocurrency exchanges and on-line brokers that assist this crypto asset throughout the globe. Listed here are two really useful platforms for purchasing Safemoon.
Plus500 is a number one buying and selling dealer headquartered within the UK. You’ll be able to entry a number of buying and selling merchandise on the platform, together with cryptocurrencies, shares and commodities.
Its beginner-friendly options, low charges and intuitive interface additionally set it aside from opponents. As a prime regulated platform, Plus500 presents its customers a straightforward and safe method to purchase, commerce, and promote crypto.
To purchase Safemoon on Coin Kong, customers first must register for an account and full a verification course of.
Coin Kong makes it doable to purchase any cryptocurrency by safely connecting prospects to prime really useful brokers of their international locations. The platform is right for merchants eager on accessing 100+ altcoins.
Please be aware that Coin Kong just isn’t accessible to US prospects.
What Is SafeMoon (SAFEMOON)?
SafeMoon Protocol is a not too long ago launched decentralized finance (DeFi) token that has seen huge purchase strain as a result of rising curiosity within the sector.
In addition to its use within the DeFi area, SafeMoon is seeking to launch a non-fungible token (NFT) alternate, a improvement that would add to its development throughout the burgeoning NFT area. The venture additionally goals at creating charity tasks and academic decentralised purposes.
What Makes SafeMoon Distinctive?
SafeMoon is a cryptocurrency just like different DeFi cash like Compound, Aave, Uniswap and Chainlink. Nonetheless, it has one key difference- it encourages static farming (Hodling) as a substitute of staking with LP-farms.
The coin’s creators say that the excessive APY LP-farms don’t appeal to small retail buyers anymore. However SafeMoon makes it simple for brand spanking new buyers, who do not need to stake their cash however maintain for a share of the rewards. On this regard, buyers who maintain the cash of their wallets get half of the ten% charges connected to every commerce as a reward.
This has attracted a number of newcomers, with Safemoon CEO John Karony not too long ago stating that there are actually over 2 million SAFEMOON holders.