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 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.
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 .
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