Safemoon AMA comming soon, to assure investors that the token is secure.
Following the latest SAFEMOON cryptocurrency events, regarding some analysts’ warnings for investors to step aside, devs made several tweets asking investors not to fall for false news or obscure entities, and also they mentioned that today, April 21, 2021, they are going to have an AMA for a “civilized discussion” so that investors feel calm and can satisfy all questions together with the dev team.
It was also mentioned in a tweet that today, the equivalent of US$250 million will be blocked, as you can see below:
At the time we wrote this article, there are now 1,000,000 holders and increasing since this currency is becoming very very popular and the Safemoon Token is currently valued at US$0.000005922 with the liquidity of US$229,306,890.69 and a Marketcap of US$3,504,519,918.08.
What is Safemoon?
Safemoon is a Token Defi and claimed to be a 100% community-owned project that aims to deliver everybody safely to the moon!
DeFi stands for decentralized finance token. They are very complex but essentially aim to disrupt the finance world to enable people to follow and lend in peer-to-peer networks, without needing a bank.
SafeMoon claims it will reward investors that hold onto their purchases by redistributing 5% of the cash gained from the penalty charge among those who already have the currency.
SafeMoon’s founders are based in the US and have been holding “Ask Me Anything” sessions to reassure investors.
As Always, before investing you should do your research and make sure that companies are not a scam and you’re only investing money if you can afford to lose it.
Safemoon Tokenomics
Three simple functions occur during each trade:
Reflection LP Acquisition Burn
5% automatically added as a liquidity provider to pancakeswap LP
5% redistributed to holders — This includes the burn address, so each trade also BURN tokens!
LP locked for 4 years! Until 1 May 2025
Token address: 0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3
BSC scan: https://bscscan.com/token/0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3
