Likeliness of losing all funds: Absolute.”Ĭrypto analyst and investor Lark Davis echoed the sentiment last month, comparing SafeMoon to BitConnect, an investment platform that ended up being a Ponzi scheme. Coin Market Cap currently has each token at 0.00000436, down on its peak of 0.000014 in late April, but a sharp increase from its 0.0000000010 launch value. “He could pull LP and sell tokens, creating a rug pull.

“Owner owns more than 50% of the liquidity and refuses to fix it,” the account tweeted. The lofty plans have some skeptics raising their eyebrows at SafeMoon, especially as the price rises.įor example, a Twitter account called WarOnRugs, which identifies itself as a “community based, grassroots movement” that aims to expose crypto scams, criticized SafeMoon last month. In the last half of the year, the company said it plans to finish its SafeMoon Exchange and open an African-based SafeMoon office. It also says it plans to explore allowing trading of its currency on exchanges like Binance, begin building its own exchange, expand its team by 35%, and establish a U.K./Ireland office. A few weeks ago, powered by Elon Musk and Mark Cuban's enthusiastic comments, Dogecoin was. Next the company plans to complete a SafeMoon app (though it’s unclear what that app will do), a wallet, and games. With a circulating supply of 380 Trillion SAFEMARS, Safemars is valued at a market cap of. This represents a -4.68 price decline in the last 24 hours and a -4.06 price decline in the past 7 days. The price of Safemars (SAFEMARS) is 0.000000006512 today with a 24-hour trading volume of 13,917.28. In the first quarter, the company said that it had doubled the size of its team and begun a marketing campaign. Safemars (SAFEMARS) price has declined today. How Much Is SafeMoon Worth SafeMoon’s current price is averaging below 0.000003 per Coinbase and Live Coin Watch. The market cap for crypto is determined by multiplying the total number of coins mined by the value of a single coin. says that SafeMoon will range from anywhere between 0.00000209 and 0. The outflow of funds, amounting to 125 million, from the cross-chain router protocol Multichain significantly impacted the depreciation of crypto assets, particularly on the Fantom blockchain. SafeMoon has laid out a road map for the year. Live Coin Watch sets SafeMoon’s market cap at a little above 1 billion. SafeMoon’s chief operating officer, Jack Haines-Davies, based in the United Kingdom, lists two companies on LinkedIn, LikeandShare and Ben Phillips Global, as his former employers. Smith has spent the past two years working with different organizations on blockchain and decentralized financial products.

Safe moon coin market cap