currency.com
Open in
urlscan Pro
45.60.109.121
Public Scan
URL:
https://currency.com/safemoon-price-prediction
Submission: On July 28 via api from FI — Scanned from FI
Submission: On July 28 via api from FI — Scanned from FI
Form analysis
2 forms found in the DOMPOST search
<form action="search" method="post" class="cx_search__form topsfrm">
<div class="searchWrap"> <svg id="search" class="searchIcon">
<use xlink:href="/img/svg-sprites/header/sprite.svg?v3#search"></use>
</svg> </div> <input class="search__input" type="text" size="20" value="" aria-label="Search" name="qry" autocomplete="off">
</form>
POST /search
<form action="/search" method="post" class="cx_search__form">
<div class="searchWrap"> <svg id="search" class="searchIcon">
<use xlink:href="/img/svg-sprites/header/sprite.svg?v11#search"></use>
</svg> </div> <input type="text" size="20" value="" aria-label="Search" name="qry">
</form>
Text Content
Products Currency.com Cryptoplatform Currency.com - Crypto Wallet Currency.com Exchange App TradingView API documentation Corporate account Prime Markets Markets overview Commodities Indices Shares Cryptocurrencies Currencies News&Features Market news Crypto news Analysis Features Markets historical data Learn to trade The basics Trading guides Trading dictionary Online lessons Tokenised assets explained Bitcoin Ethereum Academy About Us Corporate account Pricing model Referral programme Support Fees and charges Fees and charges Fees and charges Conditions Our partners Events Security policy System Health Anti-Money Laundering Viktor Prokopenya Media Centre Security Login Sign up - Личный аккаунт Не подтвержден Подтвержден Ожидает подтверждения Закончить регистрацию Deposit Withdrawal Наши продукты Pro Exchange платформа Токены компаний Выход Products Currency.com Cryptoplatform Currency.com - Crypto Wallet Currency.com Exchange App TradingView API documentation Corporate account Prime Markets Markets overview Commodities Indices Shares Cryptocurrencies Currencies News&Features Market news Crypto news Analysis Features Markets historical data Learn to trade The basics Trading guides Trading dictionary Online lessons Tokenised assets explained Bitcoin Ethereum Academy About Us Corporate account Pricing model Referral programme Support Fees and charges Fees and charges Fees and charges Conditions Our partners Events Security policy System Health Anti-Money Laundering Viktor Prokopenya Media Centre Security See our licences Crypto Wallet Gibraltar (Regulated by the GFSC) Currency Com Global LLC Saint Vincent and the Grenadines Crypto Wallet US United States (Registered with FinCEN) Dzengi Сom сlosed joint stock company (Regulated by HTP) Pro Trading Gibraltar (Regulated by the GFSC) * EUR/USD 1.10105 +0.35% * BTC/USD 29209.85 +0.20% * Gold 1956.56 +0.52% * USD/JPY 139.001 -0.27% * GBP/USD 1.28698 +0.59% * Natural Gas 2.597 -0.15% * COMP/USD 70.40 +0.80% * XRP/USD 0.71006 -0.49% * ETH/USD 1867.89 +0.53% * USD/CHF 0.86785 +0.01% * EUR/USD 1.10105 +0.35% * BTC/USD 29209.85 +0.20% * Gold 1956.56 +0.52% * USD/JPY 139.001 -0.27% * GBP/USD 1.28698 +0.59% * Natural Gas 2.597 -0.15% * COMP/USD 70.40 +0.80% * XRP/USD 0.71006 -0.49% * ETH/USD 1867.89 +0.53% * USD/CHF 0.86785 +0.01% Личный аккаунтНе подтвержден Закончить регистрацию Наши продукты Pro Exchange платформа Выход en ru id vi zh th Welcome to ##CURRENT_LICENSE##. Some products and services listed on this website are not available to ##CURRENT_COUNTRY## clients. Please redirect to ##BY_COUNTRY_LICENSE## if you are a ##CURRENT_COUNTRY## resident. News&Features Features SafeMoon price prediction: What next for SFM in 2022? SAFEMOON PRICE PREDICTION: WHAT NEXT FOR SFM IN 2022? By Peter Henn 11:49 (UTC), 9 August 2022 • Updated * Small * Medium * Large * Share * Tweet * Post * Share * Copy Copied Controversy and questions surround SafeMoon. So what will this mean for a SafeMoon price prediction in 2022? SafeMoon V2 went live in December 2021 – Photo: Shutterstock CONTENTS * Legitimacy of SafeMoon * The story so far * The value of SafeMoon * The future * FAQs Accusations of “pump-and-dump” fraud and other alleged shenanigans involving the crypto token SafeMoon (SFM) saw the coin’s price plunge 50% in a fortnight in the middle of April 2022. So what does this mean for a SafeMoon price prediction today? SafeMoon’s most interesting feature is that anyone who sells a SafeMoon coin will be subject to a 10% sales tax, with 5% redistributed to people who are still holding their coins, and the other 5% burned. This encouraged people to hold on to their coins. On 18 April 2022, allegations of a SafeMoon fraud were made in a YouTube video by “internet detective” Coffeezilla, real name Stephen Findeisen, with the claim that SafeMoon CEO John Karony has not been adding SafeMoon from sellers to the liquidity pool. Findeisen claimed that SafeMoon had a deal with Bitmart, whereby the exchange sent the 5% of SafeMoon tokens meant for burning to Karony while distributing the rest among holders – with Karony allegedly just pocketing the tokens. The SafeMoon price had already fallen from $0.008185 to $0.001151, after an earlier accusation by Fineisen that Ben Phillips, a former SafeMoon influencer and the company’s former chief marketing officer, had orchestrated an alleged $12m “pump-and-dump” fraud, promoting SafeMoon while at the same time selling millions of the tokens. Following the latest claim, the price crashed by another 28% and the coin was trading at $0.0005898 on 19 April. The SafeMoon price then rallied 197% in the weeks to 26 May and set a swing high at $0.00109. At the time of writing on 9 August 2022, the price is trading at $0.0004078. SafeMoon has been in existence for just over a year and has recently generated a lot of excitement thanks to its recent V2 upgrade. But after the accusations of fraud, what is the outlook for the token? And is it safe? SafeMoon’s very name pays homage to a saying that has become popular call-to-arms among online crypto communities – “to the moon”. While it is unclear who originated the phrase, it has probably become most associated with Dogecoin, the currency that started as a meme and is now trading at around the $0.07 mark following endorsements from the likes of Kiss bassist Gene Simmons, rapper Snoop Dogg and Elon Musk, PayPal co-founder and Tesla and SpaceX CEO. The “safe” part of its name, meanwhile, has perhaps less to do with the slang term of approval, and is instead simply a reference to the crypto’s purported security. SafeMoon encourages people to hold the crypto – Credit: Currency.com LEGITIMACY OF SAFEMOON Concerns have been raised over the legitimacy of SafeMoon. Its unique structure, which encourages people to hold on to the coin, coupled with its relative newness, have drawn questions from some experts – with some analysts dubbing it a Ponzi scheme. There was also the fear that since SafeMoon CEO John Karony holds around half of the liquidity, he could easily get rid of it, thus rendering the coin worthless. However, Karony had claimed that the liquidity pool will only be used for emergencies, and that the funds could end up seeding exchanges that trade SafeMoon or fund future products. Earlier this year, SafeMoon replaced its chief blockchain officer, Thomas Smith, with a new team, stating that the handover process started last September. On 8 March 2022, it was then revealed that SafeMoon’s vice-president Charles Karony had stepped down from his position, in order to return to university and complete his degree. Meanwhile, the buzz around SafeMoon continues. In June, SafeMoon was listed as the crypto with the highest social engagement on Binance’s BNB Chain, with 171 million social interactions. > — In terms of its recent upgrade, the idea was to consolidate the old SafeMoon – SAFEMOON – by a ratio of 1000:1, meaning that the value of the new SFM coin would be higher than the old one, but also that existing holders would not lose out. The migration was not automatic, so SAFEMOON holders will have to convert their old crypto to SFM. Let’s take a look at SafeMoon’s price history. While past performance is never an indicator of future results, knowing what has happened can help to contextualise a future SafeMoon price prediction. THE STORY SO FAR SafeMoon launched on 8 March 2021 with an initial price of $0.000000001. As with all new things, people started to get interested, and the price soon reached $0.00000157 on 3 April. It stayed around this price for about two weeks, but then things started to move significantly. On Friday 16 April, it stood at $0.000001, but over the course of a couple of days, it more than doubled, hitting just under $0.0000029 by the early hours of Sunday 18 April. While this price growth seemed pretty impressive at the time, it was nothing compared to what happened next. THE VALUE OF SAFEMOON The value of SafeMoon rocketed, hitting a high of $0.00001375 on the evening of Tuesday 20 April. That is an increase of 375% in the space of a little over two days. To put things even more starkly, if you had bought into SafeMoon when it was launched, then you would have seen the value of your investment shoot up by a stratospheric 1,374,900%. Basically, if you had bought a dollar’s worth when it launched and sold at its peak on 20 April 2021, just over a month after it became available, you would have ended up a millionaire, even after your SafeMoon sales tax had been taken. The mega-boom was short-lived, however, and the price gradually declined from the end of May. On 28 August 2021, the beta launch of SafeMoon Wallet suffered technical difficulties and the price went from $0.000003508 to $0.000002519 over a day, according to data from CoinMarketCap. Next came October, which saw the SafeMoon price jump a massive 355%, from $0.000001386 at the start of the month to $0.000006302 on 29 October. There was further volatility in November, but then the V2 upgrade was launched on 12 December 2021. At the time of the switch to SafeMoon V2, it was standing at about $0.0000016. While the new SFM token has garnered most of the attention, the old SAFEMOON is still traded and, by 7 February 2022, it was worth a little under $0.0000013. This particular token’s maximum supply of one trillion was all in circulation, and it had a market cap of around $754m, making it the 254th-largest crypto by that metric. Meanwhile, the new SFM coin stood at $0.001639 at the start of trading on 16 December 2021, and it was immediately hit by problems, falling to an all-time low of $0.0000002453 on 18 December. That glitch was soon sorted out, and the coin started to grow, reaching a price of $0.002558 at the end of the year. SFM looked like it was going to be a coin which defied the bears that were dominant in the crypto market at the time, and it reached an all-time high of $0.007232 on 4 January 2022. The coin looked like it was still going to maintain a level of between $0.002 and $0.003, but support ebbed away in late January and has been very volatile since. As of 9 August 2022, the SFM price stood at roughly $0.0004078. Let’s take a look at the SafeMoon price prediction for 2022. We will be looking at the new SFM coin here. We need to point out that forecasts are often wrong and, with the SFM version of SafeMoon being a newer coin, the likelihood of error increases. Also, crypto forecasts are often made using an algorithm, which can change at any moment. How to buy SafeMoon – Credit: SafeMoon THE FUTURE Do remember that these SafeMoon predictions are algorithmically derived and not carved in stone. DigitalCoinPrice says that SafeMoon should get to around a maximum of $0.000533 by the end of the year. The same site sees it reaching an average price of $0.00168 in 2029. PricePrediction gives a SafeMoon coin price prediction that sees it getting to a maximum of $0.00050418 in 2022. The site thinks SafeMoon V2 will be worth $0.003 in 2027. Its average price for 2028 should be about $0.004. The same site argues that SFM could reach as high as $0.014 in 2031. Finally, Telegaon suggests that SafeMoon V2 can reach a price of anywhere between $0.00089 and $0.0025 in 2022, but the most likely average is going to be $0.0015. The site’s SFM forecast says the coin should be an average $0.0035 in 2023,and $0.0084 in 2025. Its SafeMoon price prediction for 2030 suggests it could be worth $0.24 in that year. FAQS IS SAFEMOON LEGIT? While there does seem to be a genuine plan for the crypto in its whitepaper, there are still some questions and accusations of fraud to be addressed. We do not know what is happening to the liquidity pool, for instance. That said, it is always best to do your own research, and decide for yourself whether you think it is worth buying into or not. CAN SAFEMOON REACH $1? It is possible that SafeMoon can hit the $1 mark at some point, though even the most optimistic long-term SafeMoon crypto price prediction does not see that happening any time soon. So if you want to buy some and wait until it reaches the magic dollar mark, you may be waiting for some time. As is true with pretty much any crypto, you should be prepared to deal with some losses in the coin’s value as well as gains, and practise patience. IS SAFEMOON A GOOD INVESTMENT? There are accusations of fraud and pump-and-dump so you will need to do your own research. Remember that prices can go down as well as up, and never invest more money than you can afford to lose. HOW TO BUY SAFEMOON Although SafeMoon is available on some exchanges, it is not available on all of them, partly because it is a relatively new cryptocurrency. The SafeMoon website gives details of where and how to buy it. FURTHER READING SafeMoon top project on BNB Chain with the highest social engagement SafeMoon price prediction 2025: Will Safemoon stand the controversy? SAFEMOON to SFM: is the SafeMoon V2 upgrade really lifting off? Shiba Inu price prediction 2030: Will whales buy and hold? The material provided on this website is for information purposes only and should not be regarded as investment research or investment advice. Any opinion that may be provided on this page is a subjective point of view of the author and does not constitute a recommendation by Currency Com or its partners. We do not make any endorsements or warranty on the accuracy or completeness of the information that is provided on this page. By relying on the information on this page, you acknowledge that you are acting knowingly and independently and that you accept all the risks involved. Cryptocurrency SafeMoon АWin-Winreferral programme Learn more Refer a friend to Currency.com and get a two-way bonus Share * * * * * 1 Copied * Small * Medium * Large * Share * Tweet * Post * Share * Copy 1 Copied Start trading now Try Demo LATEST NEWS Market news Value of metaverse market forecast to hit $500bn by 2028 Crypto news STEPN discussed at British embassy of China Crypto news Bitgert issues teaser over Android tie-up Crypto news Tether Gold listed on Turkish crypto exchange Market news Cryptocurrency market jumps 3.6% to three-week high Market news FTX blew $40m on luxury hotels and flights in nine months Most traded Cryptocurrencies Indices Commodities Shares Сurrencies 1h 4h 1d 1w 0.0765086 Name Price Spread Chg DOGE/USD Trade Trade 0.0764286 0.0000676 -0.650% Bitcoin / USD Trade Trade 29193.35 0.15 +0.190% Compound / USD Trade Trade 70.33 0.02 +0.340% Ripple / USD Trade Trade 0.70941 0.00048 -0.460% Ethereum / USD Trade Trade 1866.40 0.06 +0.440% Name Price Spread Chg US 500 Trade Trade 4561.6 0.7 +0.440% Germany 40 Trade Trade 16413.4 2.5 +0.480% US Dollar Index Trade Trade 101.0731 0.0622 -0.280% US Wall Street 30 Trade Trade 35403 5 +0.240% France 40 Trade Trade 7452.2 2.7 +0.410% Name Price Spread Chg Gold Trade Trade 1957.65 0.30 +0.580% Natural Gas Trade Trade 2.592 0.005 -0.580% Brent Oil Trade Trade 83.60 0.12 +0.130% Crude Oil Trade Trade 79.79 0.09 +0.090% Silver Trade Trade 24.305 0.031 +0.630% Name Price Spread Chg Tesla Trade Trade 258.43 0.22 +0.890% Nvidia Trade Trade 467.31 1.15 +1.260% XPENG INC. Trade Trade 21.65 0.18 +6.650% AMC Trade Trade 4.71 0.15 +0.660% Meta Platforms Inc. Trade Trade 316.45 0.14 +1.220% Name Price Spread Chg EUR/USD Trade Trade 1.10148 0.00010 +0.320% USD/JPY Trade Trade 139.049 0.010 -0.280% GBP/USD Trade Trade 1.28751 0.00008 +0.630% USD/CHF Trade Trade 0.86729 0.00014 -0.210% AUD/USD Trade Trade 0.66756 0.00010 -0.540% View all cryptocurrencies View all indicies View all commodities View all shares View all currency pairs RECOMMENDED READING How to calculate all the risks? How to choose a cryptocurrency for yourself Iran court orders return of seized crypto mining equipment US regulators warn banks over crypto risks Indonesia to launch national cryptocurrency exchange Pi Coin denies Huobi listing Bitcoin miner Argo Blockchain doubles in value Christmas market: Terra Classic jumps, Solana dives Trade the world’s top tokenised stocks, indices, commodities and currencies with the help of crypto or fiat Trade the world’s top tokenised stocks, indices, commodities and currencies with the help of crypto or fiat Currency.com Exchange Trade BTC & tokenized stocks Follow us News Download apps Products Currency.com Cryptoplatform Currency.com - Crypto Wallet Currency.com Exchange App TradingView API documentation Corporate account Prime Learn to trade Buy Bitcoin Trade Bitcoin Bitcoin calculator Buy Ethereum Trade Ethereum Sell Bitcoin Buy Litecoin Buy Bitcoin Cash Buy Dogecoin Buy BAT Buy Chainlink Buy AAVE Academy About Us Corporate account Pricing model Referral programme Support Fees and charges Fees and charges Fees and charges Our partners Events Security policy Anti-Money Laundering Viktor Prokopenya Media Centre Security Conditions Currency Com Limited (Gibraltar) Currency Com Global LLC (Saint Vincent and the Grenadines) Currency Com US LLC (United States) WE HEREBY WARN ABOUT THE FOLLOWING RISKS: 1. Digital signs (tokens) (hereinafter referred to as “tokens”) are not legal tender and are not required to be accepted as a means of payment. 2. Tokens are not backed by the state. 3. Acquisition of tokens may lead to complete loss of funds and other objects of civil rights (investments) transferred in exchange for tokens (including as a result of token cost volatility; technical failures (errors); illegal actions, including theft). 4. The distributed ledger technology (blockchain), other distributed information system and similar technologies are innovative and constantly updated, which implies the need for periodic updates (periodic improvement) of the information system of Dzengi Com CJSC and the risk of technical failures (errors) in its operation. 5. Certain tokens sold by Dzengi Сom сlosed joint stock company may be of value only when using the information system of Dzengi Com CJSC and (or) the services rendered by Dzengi Com CJSC. 6. As the attitude of different states (their regulators) to token transactions (operations) and approaches to their legal regulation differ from jurisdiction to jurisdiction, there is a risk that contracts between Dzengi Com CJSC and its clients or their particular terms and conditions may be invalid and (or) unenforceable in certain states. Dzengi Сom сlosed joint stock company is a cryptoplatform operator (cryptoexchange) and carries out activities using tokens. Currency Com Global LLC is a limited liability company registered in St. Vincent & the Grenadines under company number 1291 LLC 2021 with its registered office at First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent & the Grenadines. Currency Com Limited is a private company limited by shares incorporated in Gibraltar under company number 117543, having its registered address at Madison Building, Midtown, Queensway, Gibraltar, GX11 1AA. The merchant location address is located at Unit 5.25, World Trade Center, 6 Bayside Road, Gibraltar, GX11 1AA. The company is authorised by the Gibraltar Financial Services Commission as a DLT Provider under the Financial Services Act 2019. Licence No. 25032. Leverage trading requires extra caution, because whilst you can realize large profits if the price moves in your favour, you risk extensive losses if the price moves against you. Trading in this product will not be appropriate for everyone. This product would commonly be used by persons who want to generally gain short-term exposures to crypto assets; are trading with money, which they can afford to lose; have a diversified investment and savings portfolio; have a high-risk tolerance; and have a good understanding of the impact of and risks associated with trading on leverage. © 2018-2022 Currency Com Limited Invite your friends. Get crypto. Refer a friend and get a two-way bonus. Both, you and your friend, get crypto bonus of up to $100 in value* Get crypto *Learn More By using the Currency.com website, you agree to the use of cookies. Welcome to Currency.com! Please, select the exchange you want to visit Crypto.Currency.com Crypto.currency.com is a US-based licensed platform that provides crypto exchange services for US residents. Crypto.currency.com is a Gibraltar-based licensed platform that provides crypto exchange services for European, UK and Australian residents. Crypto.currency.com is a Gibraltar-based app to buy and sell crypto. Currency.com Currency.com is a global cryptocurrency exchange platform that currently does not operate in the US, still you are welcome to browse and find out more. Currency.com is a global cryptocurrency exchange platform that currently does not operate in Europe, UK and Australia, still you are welcome to browse and find out more. Currency.com is a global cryptocurrency exchange platform that allows you to trade crypto and other assets. close Help center Telegram Facebook