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Investing is always a risk but investing in cryptocurrency is an even higher risk as they are VERY volatile.
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"DeBank is saying that PancakeSwap had 700k unique addresses today and the SafeMoon livestream had 50k live viewers. Wtf is going on. I am very sure about one thing though — BSC won't be able to handle the current activity for much longer and will eventually be unusable. When ponzis start consistently losing money, people will lose interest too. Only question is what happens after that."
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Zhao tweeted on Friday "I remain confident in Binance.US’s business and its commitment to serve its customers and innovate." He added that "this transition will not impact Binance.US customers in any way." post share tweet print email Filed Under: Retail, Regulations & Policy Editors' picks Why cybersecurity keeps payments executives up at night
Nevertheless, traders emphasized the massive volatility of SafeMoon despite its relatively high liquidity compared with other tokens that are not listed on major exchanges.
When new cryptocurrencies enter the market, often there isn’t much information about what they do or who their development team are. Thus, investors must read between the lines to determine whether the crypto is a viable investment or not. With that in mind, let’s dive into what SafeMoon is and its price history.
4JNET’s team are big proponents of the HODL theme that is often echoed through the cryptocurrency market. History has proven that there is no better way to make the most returns than holding digital assets for number of years. Thus, 4JNET is designed with this proven theory in mind.
The team is soon launching the network's revenue share program and the staking process. The program will share 80% APY of the revenues generated from the products such as Bitrise Audit, dApp wallet, Bitrise exchange (coming soon), and other products. This is definitely another factor that attracted Safemoon whales. It means they will get a share of the generated revenues plus BNB rewards.
Anyway, SafeMoon has been under the eyes of skepticism. Professionals say that it is an unpredictable business to put money into SafeMoon as it isn’t directed by using any particular means. It has been compared with a Ponzi Scheme as most liquidity is claimed by the group. SafeMoon has excused these cynics and has declared its precise path for the coming years. The group intends to coordinate SafeMoon with African Markets, investigate different trades like Binance, and even begin its own trade.
Solana (SOL1-USD), another cryptocurrency similar to ethereum, also leapt to new all-time highs Wednesday with an almost 31% gain in the last week. Both moves follow an investment frenzy for NFTs or non-fungible tokens.
Ethereum Classic is a blockchain-based distributed computing platform with smart contract features that is open source. 1s It uses transaction-based state transitions on a public Ethereum Virtual Machine to support a modified form of Nakamoto consensus (EVM). In 2016, Ethereum Classic was created as a result of a network hack. The original Ethereum blockchain was split into two parts, with Ethereum Classic is the older of the two, and Ethereum being the newest.
A portion of the proceeds generated from Legacy NFT Collection sales will benefit the Sixers Youth Foundation.
NuCypher specifically operates as a decentralized key management system that uses blockchain technology.
Cardano’s ADA (-0.06%), Ethereum (-1.27%), and Litecoin (-1.80%) also joined Bitcoin in the red.
The growth of SafeMoon, coupled with its online slogan, has drawn comparisons to the surge in popularity of another cryptocurrency Dogecoin.
China’s crackdown has delivered a windfall to international groups that mint digital tokens News