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The growth of SafeMoon, coupled with its online slogan, has drawn comparisons to the surge in popularity of another cryptocurrency Dogecoin.
And, while it has big ambitions, its current market value is someway below the $1 dollar threshold - but has experienced a steady increase in price since its launch.
Its founders have been holding ‘Ask Me Anything’ sessions to reassure potential investors of its legitimacy due to the unregulated nature of cryptocurrencies.
This lack of regulation means its transaction costs are less - making it an attractive tool or investment for people to move digital money around the world.
How does SafeMoon work?
Unlike other cryptocurrencies, SafeMoon claims it will reward people who buy its token and hold on to it rather than trade - for which there are penalties in place.
It will impose a 10 percent penalty tax fee on sellers and redistribute five percent of this tax to other people who already own the cryptocurrency.
Some experts say this is high risk as SafeMoon’s success relies heavily on more and more people buying the currency to keep the price up.
SafeMoon’s Facebook page states: “Remember, getting to the moon takes time and the longer you hold the more tokens you pick up.”
Could SafeMoon rival Dogecoin?
The growth of SafeMoon, coupled with its online slogan, has drawn comparisons to the surge in popularity of another cryptocurrency Dogecoin.
Dogecoin, founded in 2012 as a joke, has drawn widespread attention from high-profile personalities such as billionaire entrepreneur Elon Musk and rapper Snoop Dogg.
Dogecoin, at the time of writing, has a market price of close to $0.40 according to CoinDesk - the result of an 8,092% increase in value since the start of 2021.
How can I buy SafeMoon?
It just finds a way a couple of simple ways to purchase Safe MoonCoin with Visa quickly. Speed matters – get moment affirmation, negligible enlistment and KYC confirmation!
1. Snap the Buy Now button
Purchasing Safe MOON with check card is simple, quick and hazard free. You should simply tap the “Purchase Now” button underneath and you will be securely taken to the registration page.
2. Fill in the fields
Select the digital money you need to buy and the fiat cash you will be paying in. Indicate the crypto sum you need to purchase. At that point, fill in your Safe MoonCoin wallet address.
3. Continue to checkout
Go to the checkout and fill in your charging subtleties – ensure it’s done effectively. You can purchase Safe MoonCoin with VISA or Mastercard. The card installment is handled with zero misrepresentation hazard.
4. Get your Safe MoonCoin
No record creation is expected to complete the digital currency buy. Complete a couple of basic check steps and get your crypto securely, rapidly, and without issue.
Posted Using LeoFinance Beta