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United States Dollar logoUSD
SafeMoon V1 (OLD) (SAFEMOON)SAFEMOON
$0.0000000000231
-6.29%
SafeMoon V1 (OLD) (SAFEMOON)
SAFEMOON Price
$0.0000000000231
-6.29%
Rank
#1,714
Market Cap (24H)
$1,769
-6.28%
Volume (24H)
$0
Circulating Supply
76,620,288,324,579
Transp. Vol.
Grade
1H1D1W1M1Y
-6.29%
SafeMoon V1 (OLD) logo
SAFEMOON
United States Dollar logo
USD
BNB0x8076c...8add8d3
BNB
Verify address & DYOR
Contract
BNB0x8076c...8add8d3
BNB
Verify address w/ multiple resources & DYOR
Blockchain
Websitehttps://safemoon.net/
CommunityTwitterRedditTelegramDiscordGithubMediumFacebook
SafeMoon is an alternative cryptocurrency that was released by a decentralized platform with the same name. The cryptoc...Read more
Prediction

SafeMoon V1 (OLD) Price (SAFEMOON)

SAFEMOON Daily Performance

Today's SafeMoon V1 (OLD) price is $0.0000000000231, which is down 6% over the last 24 hours. SafeMoon V1 (OLD)'s market cap is $1,769. 24 hour SAFEMOON volume is unknown. It has a market cap rank of 1714 with a circulating supply of 76,620,288,324,579 and max supply of 1,000,000,000,000,000. SafeMoon V1 (OLD) is traded on exchanges. SafeMoon V1 (OLD) had an all-time high of $38.50M 5 months ago. Over the last day, SafeMoon V1 (OLD) has had 0% transparent volume and has been trading on 376 active markets with its highest volume trading pairs being .

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SafeMoon V1 (OLD) Statistics

SafeMoon V1 (OLD) Price (24hr)$0.0000000000231 (-6.29%)
Market Cap$1,769 (-6.28%)
Trading Volume (24hr)$0
Transparent Vol. (24hr)
Unknown
Transparency GradeUnknown
Circulating Supply76,620,288,324,579 (7.66%)
All-Time High
$38,504,889-100.00%
1/28/2022 (5 months ago)
7D Price Prediction
$0.00000018

Price

$0.0000000000231
Price Change
<$0.00000001 (-6.29%)

All-Time High

$38,504,889
Date of ATH1/28/2022
Days Since ATH152
% of ATH0.00%
Price vs ATH

Market Cap

$1,769
Mkt Cap Change
-$118.60-$118.60 (-6.28%)
Mkt Cap Rank1714
Mkt Dominance
Mkt Dominance

Circulating Supply

76,620,288,324,579
Max Supply1,000,000,000,000,000
% in Circulation7.66%
% in Circulation

About SafeMoon V1 (OLD)

SafeMoon is an alternative cryptocurrency that was released by a decentralized platform with the same name. The cryptocurrency was released in March 2021 and has quickly gained over a million holders. According to the protocol of the platform, the token performs three main functions during the trade, which are Reflection, LP Acquisition, and Burn. This is entirely a community-driven project.

The project is often compared with Dogecoin as its slogan “Safely to the moon” reminds DOGE’s motto “To the moon”. However, here a more serious approach is observed as the goal is not to reach the height but to do it safely. Anyway, the slogan was well accepted by the cryptocurrency community.

The goal of the SafeMoon project

The token was designed to solve the problem of a valuation bubble that often occurs after the burst and the collapse of the price. The platform offers its own solution to avoid a high APY LP-farming trap that became an issue in the conditions of the DeFi explosion. Numerous cryptocurrency facilities were ruined after getting into this trap. SafeMoon offers static rewards to resolve this problem.

SafeMoon platform

SafeMoon protocol is a combination of RFI tokenomics with the additional functionality of autoliquidity generating protocol. To launch the token, a SafeMoon developer had to participate in the presale. After minting the tokens, a dev sent the balance to the DxSale network and initiated the burning mechanism for the remainder of the tokens.

The DxSale protocol was employed to launch the token fairly. The team of SafeMoon has selected such an approach to foster trust in the community. The platform initiated the process of auto-locking liquidity for 4 years to achieve the goal.

This mechanism was developed to diminish selling pressures initiated by early holders selling their assets after they discover insanely high percentage pharming yields. The reflection mechanism urges holders to hold on to their tokens so that they could obtain higher returns determined on the basis of percentage.

As the volume of tokens determined the value, the burning mechanism was introduced being strictly monitored by the team. The platform announces the conditions of burning and the number of tokens, which are going to be destroyed. The burning is necessary for the long-term development of the project

Automatic Liquidity Pool (LP) created by the team of the project protects users from a price collapse that can occur during the massive sale of tokens. The developers designed a smart contract collecting tokens from both parties, sellers, and buyers adding them to the general pool and creating a price threshold in this way. It helps to maintain the balance and stability that can be ruined by the supplied LP.

The team of the project works over its own dedicated wallet, which is going to be a component of Canada-based Operation Phoenix, a cloud mining service provider. Since the wallet is not ready yet, the acquisition of tokens is possible via the Trust Wallet app and its use for the purchase of BNB or BSC (Binance tokens), which are then swapped to SafeMoon. According to the roadmap, the team plans to launch an NFT exchange also.

SafeMoon token

The cryptocurrency is unique as it charges a rather sizable fee (10%) for the sale of its tokens. Half of this amount is distributed among the members of the community rewarding the holders of this token. The mechanism was developed to remove the incentive of selling the asset and the strategy seems to work as the value of the token has rapidly increased after the launch.

The model chosen by the project attracts early adopters who are going to profit more from subsequent sales. SafeMoon’s owners were criticized by WaronRugs, which is a kind of antiscamming organization for locking away over 50% of its own liquidity pool. It means that the possibility of the exit scam considerably increases. However, the CEO of the project assures that liquidity is held for better security of the cryptocurrency.

The official website of the platform says that the SafeMoon token is traded against DogeCoin on the Bibipom cryptocurrency exchange. The token is also sold on such platforms as PancakeSwap, BitMart, WhiteBit, and Bakery Swap. Though the project is rather young, it features a very good community.

SafeMoon team

John Karony with the nickname Capt Hold is the CEO of the project. He also calls himself an indie dev and video game enthusiast. John Karony is also the founder and CEO at TANO, an indie game studio. Previously, he took the position of an all-source analyst at the United States Department of Defense. The core team also includes Thomas (Papa) Smith, Henry (Hank) Wyatt, Trevor (Ragnar) Church, and a website dev Jacob (King Fox). All members of the team are US citizens.

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SafeMoon V1 (OLD) Markets

(Top 10)
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SafeMoon V1 (OLD) Historical Data

(Past 7 Days)
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Frequently Asked Questions

  • What’s the current SafeMoon V1 (OLD) price? How much is 1 SafeMoon V1 (OLD) worth?

    The price of 1 SafeMoon V1 (OLD) is $0.0000000000231. Over the last 24 hours, a SafeMoon V1 (OLD) is worth -6.29% less. Visit our currency converter page to convert SAFEMOON prices to currencies other than USD.
  • When did SafeMoon V1 (OLD) start?

    The earliest trading data for SafeMoon V1 (OLD) is on March of 2021 (based on current exchange data).
  • How high can the SafeMoon V1 (OLD) price go?

    SafeMoon V1 (OLD)’s price has gone as high as $38.50M (which is SAFEMOON’s all-time high). It achieved this price 5 months ago. Speculations abound for how high SafeMoon V1 (OLD)’s price will get in the future.
  • What's the smart contract address for SafeMoon V1 (OLD)?

    SafeMoon V1 (OLD)'s smart contract address is 0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3.

Today's SAFEMOON / SafeMoon V1 (OLD) News for June 29, 2022

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