The current total market value of SafeMoon is close to $1 billion, ranking it 214th in terms of market dominance, according to CoinMarketCap. Not bad for a brand new cryptocurrency competing with more than 9,000 other coins, but not necessarily a good investment , either.
Read moreIs SafeMoon safe investment?
There’s no evidence that SafeMoon is an outright fraud , but analysts have warned that many popular altcoins appear designed largely to help developers and early investors get rich at the expense of later buyers.
Read moreWill Shiba Inu coin reach $1?
So, for Shiba Inu to hit $1, it means that the value of the coin would be more than 300 times larger than the entire cryptocurrency market right now — or more than six times more than global GDP. Sorry, but for any of a number of reasons, that’s probably not going to happen .
Read moreDoes SafeMoon have a future?
Safemoon Price Prediction Long Term Outlook Our Safemoon price prediction is more bullish for long-term outlooks. We believe that the asset can hit the $1 mark by 2023 and push to $5 by 2025 .
Read moreCan SafeMoon reach a penny?
PricePrediction.net gives a SafeMoon coin price prediction that sees it getting to around $0.001 in 2022 . The site thinks SafeMoon V2 should then break through the cent barrier in 2028, when its average price should be about $0.013. The same site argues that SFM could reach as high as $0.052 in 2031.
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