If the investors’ confidence bounces back even then, it will face resistance around $0.00039.īased on our Safemoon price prediction, it is not a good time for a short-term investment, but Safemoon could be a less volatile and less risky asset in the long term. Based on the technical indicators, investors should be cautious about short-term investment because the price might break the support at any time and continue the downtrend.īased on our SafeMoon price forecasts, the probability of an uptrend is less unless there is significant news on social media around the Safemoon token. The short-term support is around this level, but after such a long downtrend, it might also break this level. The price of SafeMoon V2 coin will surge (so the potential ROI) after a few months, and it will be a profitable investment for the long term.Īt the time of writing this post, SFM was trading around $0.0002642. SafeMoon will see a lot of inflows of funds by institutional investors and crypto enthusiasts in the long term.ĭue to this recession, inflation, and rising interest rates after the pandemic, the cash portfolio has taken a major hit, and the cryptocurrency market has suffered. It shows the uncertainty of long-term investment in such a volatile coin.īased on the security, reliability, and own research, we predict an uptrend in the upcoming years. Currently, the Safemoon V2 price is trading around $0.0002642. SafeMoon is not supported in the major crypto exchange, so liquidity can be a factor, especially for traders.Īt the beginning of this year, Safemoon reached an all-time high, but Safemoon prices reduced value in the past few months.Safemoon (SFM) promotes the asset as ‘Going to the Moon’ without relying on any underlying intrinsic value.Retail investors should be cautious before investing in such a currency for the long term. High volatility can be a speculative bubble for investors.Governments are starting to understand what the impacts could be, so they are also regulating cryptocurrencies.Cryptocurrencies are new, so many people question the sustainability of such a huge number of coins and fiat currencies in the long term.The SFM coin’s price action is extremely volatile, making the SafeMoon price prediction tough.
That is why you need to consider some risks associated with the investment, such as: Many experts think SFM is a speculative asset because it has no intrinsic value. It was introduced in December 2021, and after that, the SFM coin price surged to an all-time high of $0.007232, but the price fell nearly 96% from its peak. These calculations do not take this into account and actual reflections and burn contribution will vary.Safemoon developers manually manipulate the coin circulation to reduce the supply and maintain the demand. Currently (August, 2021) not all exchanges contribute to the global burn and reflections. However, in the real world, volume and market cap will fluctuate day to day. * Days to Burn stop and Estimated Total SFM Owned are based on the daily volume and market cap staying the same every day. 0025) * (Qty of Safemoon Owned / circulating supply) Watch the YouTube Video Explanation by MoonMark.
#Reflection calculator safemoon update#
This page uses the following formula (see update below):
The burn wallet balance is as of 0:00 UTC each day. You may also select one of the popular coins to pre-load the 30-day average daily volume and market cap for that coin. You can update the field amount after clicking a button to get custom entries. Clicking a field will open a modal with a text field and Buttons you may click to quickly enter popular amounts. Enter values in the above fields to calculate how long until the burn stops, how many safemoon you will have and the annual USD value of your reflections.
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