![SafeMoon [OLD]](https://assets.coingecko.com/coins/images/14362/large/174x174-white.png?1617174846)
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SafeMoon is a decentralised finance (DeFi) token built on top of the Binance Smart Chain (BSC) blockchain. The token was designed to mitigate issues related to price volatility that have plagued the digital asset market since its inception.
SafeMoon actively dissuades token holders from liquidating or day trading their tokens by charging a 10% fee on each sale. Instead, SafeMoon rewards the "buy and hold" philosophy by gifting long-term token holders monetary incentives and benefits. According to SafeMoon documentation, half of the 10% sale fee is redistributed back to token holders. The platform punishes traders and rewards those that hodl.
SAFEMOON is the native crypto asset of the ecosystem and is designed to help facilitate not only reward issuance related processes but also various internal transactions. As per the official project whitepaper, the asset has a total supply of 1 quadrillion tokens (of which 223 trillion have already been burned).
SafeMoon [OLD] (SAFEMOON) is the 162nd largest cryptocurrency in the world by market cap, valued at $277,800,683. The current price of SafeMoon [OLD] is $1.6696656E-7, which is 4.213% higher than yesterday. Prices have ranged between $1.6767579E-7 and $1.5829224E-7 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 23, 2022 01:05 UTC.
| Coin symbol | SAFEMOON |
|---|---|
| Coin Marketcap | AUD$277,800,683 |
| Total SAFEMOON supply | 1,000,000,000,000,000 |
| Current price | AUD$1.6696656E-7 |
| All time high date | May 11, 2021 |
| Notable team members | John Karony |
| Partnerships | Simplex |
| Industry | Decentralised finance |
| Token uses | Transaction fees, rewards |
| Network | Binance Smart Chain |
Historical prices compared with the price of $1.6696656E-7.
| 1 hour | 0.00% |
|---|---|
| 24 hours | 4.21% |
| 7 days | 1.32% |
| 14 days | -74.90% |
| 30 days | -78.12% |
|---|---|
| 60 days | -78.14% |
| 200 days | -97.29% |
| 1 year | -97.49% |
Disclaimer: Cryptocurrencies, including SafeMoon [OLD], are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of SAFEMOON is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the SafeMoon [OLD] or any other cryptocurrency discussed.
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