Safemoon Cash has become the furthest latest the line digital money to stand out as truly headlines
SafemoonCash has become the furthest latest the line digital money to stand out as truly headlines
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 high transaction tax, it’s the early holders of Safemoon that profit most. In contrast, Safemoon Cash gives holders passive rewards through static reflections. By staking Safemoon Cash in a pool, it raises its own capital, ensuring liquidity. We believe in our superior tokenomics and the fact that we have fully renounced ownership of the smart contract makes us unique. With the help of our community, not just the sky – but rather the galaxy – is the limit. Everybody is welcome, everybody is equal. Get on board and prepare for the greatest adventure of our lifetimes!
What is safemoon Cash ?
Safemoon Cash describes itself as a decentralised finance (DeFi) token. This means it is part of an alternative financial system, enabling trade on peer-to-peer networks without the intervention of centralised systems such as banks or governments.
Like bitcoin and other digital currencies, it operates on a blockchain. However, the key difference between a safemoon Cash token and other cryptocurrencies is that investors are encouraged to hold, not sell their tokens.
Anyone who sell safemoon Cash coins will be hit with a 10% fee – half of which will be paid by way of a dividend to current investors.
** Safemoon Cash’s ** founders say the idea behind this sale penalty is to discourage day trading and iron out the significant price volatility suffered by other cryptocurrencies.
The rise of Safemoon Cash
Coming hot on the heels of bitcoin, cardano and dogecoin, safemoon is the latest cryptocurrency to be attracting attention from investors.
Despite only launching in March this year, the altcoin already has more than two million users and, on April 20, the crypto exchange Binance had to suspend withdrawals temporarily because it was inundated with investors in Safemoon Cash.
Should I invest in Safemoon Cash ?
As with all digital currencies, investing in Safemoon Cash is high-risk and should only be considered by investors who understand cryptocurrencies, have conducted extensive research and can afford to lose their stake. It certainly isn’t a mainstream investment to be relied upon for building a nest-egg or for funding retirement.
Is SafemoonCash a good investment?
Despite the desire to achieve some stability through the fees levied on investors who sell their tokens, there has still been substantial price movement and investors could have made both impressive gains and staggering losses
Is SafemoonCash safe?
As with an investment in stocks and shares, or other currencies, the value of a Safemoon Cash coin could fall. If investors were to sell on the back of a fall, they would not only incur capital losses but also a 10% penalty.
Critics also argue that this incentive to remain invested makes safemoon not so different to an old-fashioned pyramid or Ponzi scheme, with existing investors reliant on new entrants to boost their gains.
Added to this is that investments in cryptocurrencies are not regulated in the UK. Although the founders of Safemoon Cash have held “Ask Me Anything” sessions to answer investor questions, it is no substitute for proper consumer protection.
The future of Safemoon Cash
Cryptocurrency analysts appear to be cautiously optimistic about the safemoon price.
WalletInvestor predicts that the value of a safemoon coin will rise to Sweetable Price in one year.
his is where many have discovered the Gem, or we could say ‘The Jewel in the Crown of cryptocurrency,’ Safemoon Cash.
The page is absolutely buzzing with fellow investors, frantically posting ‘Buy now,’ ‘Hold’ and ‘When Moon?’. The last statement is quite an easy one to answer. Since launching the coin, only just a month ago, Safemoon Cash now has a staggering 208,465 holders (and counting)! No wonder since its launch it’s been mooning on multiple dates. But we are not just talking about a ‘pump & dump,’ we are talking about steady regular transfers almost every three seconds. If you don’t believe it, see it for yourself on BscScan.
Details oF SafemooneCash
Website : https://safemooncash.org/
whitepaper : https://drive.google.com/file/d/1YZyTJteAVpaHna13UU2sZBJkIBB4K702/view
Twitter : https://twitter.com/safemooncash
Linkedine : https://www.linkedin.com/company/safemoon-cash/
Telegram https://t.me/safemooncash
Youtube : https://www.youtube.com/channel/UC15-d8hPAs30OxAUX9VRdng
REddit : https://www.reddit.com/r/SAFEMOONCASHCommunity/
##My Details##
Bitcointalk Name : Bachelor Point
Profile Name : https://bitcointalk.org/index.php?action=profile;u=2780963
Telegram Name : @BriannaPail
Address : 0x62304dd7092D4aAbA52F4442a81E90Cc600332e6
Authentication Post : https://bitcointalk.org/index.php?topic=5342413.msg57180219#msg5718021