![]() ![]() Safemoon is managed by a team of six leaders who roll out new plans to extend its value and adoption. According to Safemoon creators, manual burns give more control over the coin’s supply. Besides, the cryptocurrency also sticks with manual burns over continuous burns to maintain its value. The aim is to prevent larger falls when big investors choose to sell their coins. Safe moon discourages constant sellings by charging a 10% fee on each sale. Its creators say that the cryptocurrency is designed to address decentralized problems like price volatility and inflation. Safemoon is a digital currency that is designed in the same way that Bitcoin and Ethereum functions. ![]() TOP INEXPENSIVE CRYPTOCURRENCIES THAT WILL GAIN VALUE IN 2022.TOP 10 METAVERSE CRYPTOCURRENCIES TO BUY FOR BETTER RETURNS IN 2022.ALL YOU NEED TO KNOW ABOUT SAFEMOON, THE NEW CRYPTO SENSATION.In this article, we explore to what extend Safemoon can go in 2022. Although its higher transaction fees are set to stop investors from trading the digital token often, it is seen as a riskier investment in the crypto world. Unlike Dogecoin and Shiba Inu that is making noise out of nothing, Safemoon really has a medium to rely on. According to the creators, half of the 10% fees is shared among long-term holders while the other half goes to a liquidity pool to stabilize the price of the memecoin. Similar to Bitcoin and Ethereum, Safemoon is also based on distributed ledger technology. Safemoon is known for its extreme volatility, high transaction fees (10%), and social media hype of memecoins. However, Safemoon is not alone as many digital tokens also fulfill their promise in the initial stage. Safemoon saw a considerate price increase in a concise amount of time after launch. When more information about the cryptocurrency went online, many discovered more about Safemoon and tried their hand on the futuristic digital token. ![]() Safemoon emerged as an excellent memecoin that opted for uptake in its early days. As its price is falling to touch a resistance level, we explore the potential of Safemoon to make a comeback in 2022. Unfortunately, the cryptocurrency is now struggling to keep its pace and value among competitors like Dogecoin and Shiba Inu. Launched in March this year, Safemoon’s price has tagged on to a positive upswing with a promise to ‘reward long-term investors’. We explore if Safemoon has the chance to bounce back after touching a resistance level in 2022 Safemoon is relatively a new cryptocurrency that has managed to make a breakthrough in 2021. ![]()
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