Even with its usual ups and downs, Bitcoin has mostly been on the rise following a drop under $30,000 in July.
The controversy surrounding SafeMoon involves the supply. Big-league traders known as whales have been known to own enough of the supply to make investors nervous. If these whales should decide to cash out in what’s known as a “rug pull,” the other investors could be left holding the bag.
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Cryptocurrency — also known as crypto — is a digital currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions, as well as to control the creation of new units of a particular digital currency.
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SafeMoon is a newly added cryptocurrency that has seen a rise in its rates since its launch in March 2021.
4JNET is a new project that presents investors with the opportunity to get massive returns. For many, missing boats on projects like SHIB and Safemoon has been a big regret. However, investors are presented with a fresh opportunity to realize the same kind of returns as 4JNET.
For instance, whereas a government can easily freeze or even seize a bank account located in its jurisdiction, it’s very difficult for it to do the same with funds held in cryptocurrency — even if the holder is a citizen or legal resident.
Crypto data aggregation platform, CoinMarketCap, recorded a near-40% increase in Bitcoin’s trading volume over the last 24 hours as of 11.15am, with the cryptocurrency’s trading volume at $43,474,067,360.
Currently, it is said that safemoon has issued 1,000,000,000,000,000tokens, butits upper limit is 1,000,000,000,000,000,000,000,000according to its contract, which equals to the number of all atoms in 1,000,000 galaxies. In contrast, only 5,000 4JNETNFTs are issued, and all NFT holders can enjoy a reduction of 3% service charge.
Safemoon Cash was stealth-launched by members of the BSC community in April 2021 after Safemoon reached a market cap of over four billion dollars. With its higher transaction tax, the early holders of Safemoon have profited most. In contrast, Safemoon Cash gives holders passive rewards through static reflections. By staking Safemoon Cash in a pool, it raises capital, ensuring liquidity. Safemoon Cash believes in superior tokenomics, through a 3% lower taxation, and the fact that ownership of the smart contract is fully renounced making the project more unique.
“Don’t panic and puke,” Noble says. “If you keep your positions small, you can try to tolerate the volatility.”
Limited liquidity exists within the market if you compare it to more established markets like traditional economies, including the foreign exchange market. To put it into perspective, the total value of all the money in the world is more than $90 trillion, while the total cryptocurrency market cap is hovering around $250 billion — a 36,000 percent difference.
Crypto holders earning less than $50,000 are quitting work in droves Samuel Wan · 2 days ago · 2 min read
It’s definitely possible that the SafeMoon price can reach a dollar in value at some point in the future. However, it’s worth pointing out that even the most optimistic long-term SafeMoon price prediction sees it valued at less than a cent in seven years from now. Currency.com
But bears could help deepen the current structure that points towards the south, targeting the Fibonacci retracement area of 61.8% at $0.0000033. That’s a golden ratio level according to the Fibo theory from a financial analysis’ perspective.
Safemoon’s contract is directly copied from Ethereum’s smart contract RFILIQ. Safemoon not only maintains the spelling errors of the original contract, but also keeps some doubtful questions, which affects Safemoon’s security. Yet, 4JNET’s core team comes from international renowned enterprises like Oracle, Microsoft and IBM, so it boasts a technical strength.