Fully expect to lose every single dollar you put into it I feel like that disclaimer is much needed. YouTuber Xpod78 in a buying guide said: "This is so incredibly risky, this is like the top bar of risk you can get. One reddit user said: "I completely agree that once they get listed on an exchange this could easily blow up." Some cryptocurrency enthusiasts are excited about the coin, whilst some are skeptical. With a circulating supply of 1 Trillion SMI, SafeMoon Inu is valued at a market cap of 959,407. This represents a 0.36 price increase in the last 24 hours and a 1.23 price increase in the past 7 days. The price of SafeMoon Inu (SMI) is 0.000000959758 today with a 24-hour trading volume of 529.29. Confirm the transaction on your wallet and hold!" SafeMoon Inu (SMI) price has increased today. Before you swap please ensure you click the gear icon and set slippage to 11%. "Withdraw BNB to your wallet address and be sure to select the BSC Network (BEP20). SafeMoon states: "Set up your wallet to work on the Binance Chain Network. For SafeMoon, either Trust or Metamask are the two wallets the organization says should be used. To buy SafeMoon, cryptocurrency users have to buy a Binance Coin (BNB) first, and then essentially swap it for SafeMoon.įirst, users must set up a crypto wallet in which their coins can be kept. The organization said website issues may occur due to "unexpected" demand. Upon investigating the SafeMoon hack, it was discovered that the attacker stole around 27,000 Binance Coin (BNB), valued at around 8.9 million. The SafeMoon website appeared to be down at the time Newsweek tried to load it. What is interesting about this announcement is that SafeMoon turned off comments for this post. One Reddit user claimed a whitepaper-a report that highlights the features of a product such as a cryptocurrency-is available on the website, but others said they had trouble accessing it. The mechanism by which SafeMoon rewards participants involves issuing a 10 percent penalty tax fee on sellers and redistributing five percent of this to people who already own the currency. A few weeks ago, powered by Elon Musk and Mark Cuban's enthusiastic comments, Dogecoin was. Going "to the moon" is a phrase popularized in recent times by the WallStreetBets community on Reddit, who use it in reference to an asset price soaring. Its Facebook page states: "Remember, getting to the moon takes time and the longer you hold the more tokens you pick up." Elon Musk Changes Title From Tesla CEO to 'Technoking,' SEC Filing Shows.India Looks to Ban Crypto, Considers Seizing Digital Assets.Bitcoin Surges Despite Being Called a 'Particularly Vile Asset Class'.
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