Cryptocurrency Q&A What is safe moon crypto?

What is safe moon crypto?

ShintoBlessing ShintoBlessing Sun Nov 24 2024 | 7 answers 1601
SafeMoon crypto is a digital asset that gained significant popularity in 2021 due to its unique tokenomics. It rewards holders and penalizes sellers with a 10% tax on transactions, 5% of which is redistributed to holders. However, it has faced controversy, including allegations of being a Ponzi scheme and legal action against its founders for fraud. What is safe moon crypto?

7 answers

JejuSunshineSoulMateWarmth JejuSunshineSoulMateWarmth Tue Nov 26 2024
By doing so, SafeMoon aims to bolster its liquidity and contribute to price stability.

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KatanaBladed KatanaBladed Tue Nov 26 2024
A 10% transaction fee is imposed on every deal involving SafeMoon tokens.

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Martina Martina Tue Nov 26 2024
Out of this fee, 5% is allocated to the existing holders of the cryptocurrency.

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Silvia Silvia Tue Nov 26 2024
This mechanism is designed to reward those who hold SafeMoon for extended periods.

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Raffaele Raffaele Tue Nov 26 2024
SafeMoon stands as a relatively novice entrant in the realm of cryptocurrencies.

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