Daily transactions on the Binance Smart Chain surpassed that of Ethereum by over 500% last week as it saw an all-time high of nine million daily transactions on April 21, compared to Ethereum’s of 1.5 million transactions around the same day.
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SafeMoon may have some investors concerned that it will not return to its prior glory. Despite a very promising starting performance, SafeMoon has settled far below the hopes of the investors that held onto the token.
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The global crypto market cap declined 4 per cent, slipping below the $2.50 trillion mark compared to the last day. However, the total crypto market volume soared about 65 per cent to $187.64 billion.
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The most valuable coins are Bitcoin and Ethereum but there are lots of alternatives or altcoins aiming to benefit from crypto interest.
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SafeMoon price looks to test the 0.00000233 upper boundary of the bullish triangle, which has been forming since October 4, in the coming hours and days.During its formation, the ascending side of the triangle has been very well respected, with bulls adding more volume to each trade. As SafeMoon price prepares for the rally, expect $0.00000233 to give some resistance at first, with bears trying to defend their short positions.
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Each addition is known as a block. Blocks consist of all transactions executed since the last new copy of the blockchain was created.
Brooks will replace Bitfury’s founder, Valery Vavilov, as the company’s “Chief Vision Officer” and will be responsible for developing new projects.
SafeMoon is a cryptocurrency on Binance Smart Chain that started out at a low market capitalization of around $50,000. The price and market cap of SafeMoon went parabolic after growing popularity on TikTok.
First US exchange traded fund linked to cryptocurrency garners strong demand following debut
Those factors have spurred short-term demand for paying transaction costs in the digital coin, plus growing speculation on its value for the so-called metaverse. The latter development is approaching warp speed, now that Facebook (FB) has rebranded itself in an aggressive push to lean into the next phase of digital's development.
SafeMoon is not yet listed on Coinbase or Binance. However, the currency does hope it will achieve this in the future.
- Buy Bitcoin (BTC), Shiba Inu (SHIB), Dogecoin (DOGE), Ether (ETH), Litecoin (LTC) and other leading coins with your credit/debit card or bank transfer.