Here are some key highlights based on the safemoon price prediction discussed in this article:
- The current price of SFM is $ 0.00003148 (USD).
- The current safemoon forecast indicates that its value will increase by 11.47% and reach $0.00007413 by October 05, 2024.
- Our analysis indicates that the market sentiment is Neutral for Safemoon.
- The Safemoon coin has had 12/30 (40%) green days and 8.85% volatility.
Overview of SafeMoon
SafeMoon a.k.a SFM came to the cryptocurrency market in March 2021 with the tagline ‘Safe to the Moon.’ The slogan is inspired by the concept of “To the Moon,” which means quick price hikes. The platform was founded by John Karony, a former employee of US Defense departments. SafeMoon is self-described as a human-focused technology and innovation business that leverages the advantages of blockchain and other similar technologies. It is a BEP-20 DeFi token on the Binance Smart Chain.
It encourages long-term investment. Thus anyone who sells the coin needs to pay a 10% fee. From thE 10% fee, 5% will be split amongst current investors, and the remaining 5% will go to the liquidity pool. The developers say that it will reduce the selling of the coin.
SafeMoon launched 777 trillion tokens, and the launch price per token was only $0.0000000010. It was a one quadrillion token plan at launch time, but developers burned 223 trillion before launch. The network’s developers have burned 400 trillion tokens so far, and roughly 600 trillion tokens are in circulation. It was initially launched as a meme token. However, due to its immense growth and loyal community, the team has developed some products and services.
| Safemoon Statistics | |
| Cryptocurrency | Safemoon |
| Token | SFM |
| Price | $ 0.00003148 |
| Price Change (24h) | -3.12% |
| Price Change (7d) | -4.67% |
| Market Cap $ | $16,040,000 |
| Trading Volume | $7,446.99 |
| Circulating Supply | 556.62B SFM |
| All-Time High | $0.007232 |
| All-time Low | $0.0000002149 |
| Volatility | 8.85% |
| Sentiment | Neutral |
| Fear-Greed Index | 33 (Fear) |
| Green Days | 12/30 (40%) |
SafeMoon Price Prediction: 2024-2030
The market behavior is, no doubt, highly volatile. Nonetheless, SafeMoon constantly gave good returns for short-term investors after launch. Therefore, more investors were attracted to the coin last year. As of now, investors worldwide are worried since the token is highly bearish and may remain the same in the future.
Let us look at the long-term forecast of SafeMoon to analyze its future journey.
| Price Prediction: 2024-2030 | |||
| Year | Yearly Low | Average Price | Yearly High |
| 2024 | $0.00002711 | $0.00002936 | $0.00003160 |
| 2025 | $0.00002727 | $0.00007814 | $0.0001290 |
| 2026 | $0.00002280 | $0.00004734 | $0.00007188 |
| 2027 | $0.00002496 | $0.00003789 | $0.00005081 |
| 2028 | $0.00003671 | $0.00006191 | $0.0000871 |
| 2029 | $0.00006864 | $0.00012033 | $0.0001720 |
| 2030 | $0.00006775 | $0.00008938 | $0.0001110 |
SafeMoon Price Prediction 2024
Safemoon is expected to have a bright future; in 2024, its average value is predicted to be $0.00002936. The projected values for the yearly lows and highs are $0.00002711 and $0.00003160, respectively. These numbers are higher than the market rates, indicating a possible upward trend that could attract traders and investors.
SafeMoon Price Prediction 2025
Safemoon is likely to make a strong impression in the coming year. It is expected to average around $0.00007814. Predictions for yearly lows and highs are approximately $0.00002727 and $0.0001290, respectively. These values are higher than the current market rates on exchange platforms, reinforcing a bullish sentiment among traders and investors.
SafeMoon Price Prediction 2026
The year is expected to maintain the growth that Safemoon achieves in 2026. The yearly average is projected to be around $0.00004734, with lows and highs of $0.00002280 and $0.00007188, respectively. This indicates that the growth in 2026 would be sustainable for two years or that changes might be minimal.
SafeMoon Price Prediction 2027
Safemoon is potentially looking at 2027 as another year of a bull run. The average token value is projected to be around $0.00003789, with lows and highs at $0.00002496 and $0.00005081, respectively.
SafeMoon Price Prediction 2028
The price prediction for Safemoon averages $0.00006191, with lows and highs of $0.00003671 and $0.0000871, respectively. It also remains to be seen how well the utility of Safemoon expands in the next 3-5 years.
SafeMoon Price Prediction 2029
A continuation of the sentiment from the previous year will bring Safemoon to an average of $0.00012033. Yearly highs and lows could be around $0.0001720 and $0.00006864, respectively. Safemoon will remain closer to achieving the target of 1 cent by the end of 2029.
SafeMoon Price Prediction 2030
Yearly highs and lows for Safemoon in 2030 could be $0.0001110 and $0.00006775, respectively. The community can expect the price to average around $0.00008938.
SafeMoon Price Prediction: 30 Days
SafeMoon’s projected price for the next month is based on its recent performance. Analysts predict a 11.77% increase, with SafeMoon potentially reaching $0.00008898 by October 06, 2024.
| Date | Price | Change |
| Sep 12, 2024 | $0.00003114 | 0.00% |
| Sep 13, 2024 | $0.00003293 | 5.44% |
| Sep 14, 2024 | $0.00003523 | 6.53% |
| Sep 15, 2024 | $0.00003804 | 7.39% |
| Sep 16, 2024 | $0.00004117 | 7.60% |
| Sep 17, 2024 | $0.00004428 | 7.02% |
| Sep 18, 2024 | $0.00004727 | 6.33% |
| Sep 19, 2024 | $0.00004343 | -8.84% |
| Sep 20, 2024 | $0.00004256 | -2.04% |
| Sep 21, 2024 | $0.00004446 | 4.27% |
| Sep 22, 2024 | $0.00004658 | 4.55% |
| Sep 23, 2024 | $0.00004898 | 4.90% |
| Sep 24, 2024 | $0.00005165 | 5.17% |
| Sep 25, 2024 | $0.00005468 | 5.54% |
| Sep 26, 2024 | $0.00005650 | 3.22% |
| Sep 27, 2024 | $0.00005728 | 1.36% |
| Sep 28, 2024 | $0.00005835 | 1.83% |
| Sep 29, 2024 | $0.00006055 | 3.63% |
| Sep 30, 2024 | $0.00006394 | 5.30% |
| Oct 1, 2024 | $0.00007238 | 11.66% |
| Oct 2, 2024 | $0.00008096 | 10.60% |
| Oct 3, 2024 | $0.00008867 | 8.70% |
| Oct 4, 2024 | $0.00007753 | -14.37% |
| Oct 5, 2024 | $0.00007851 | 1.25% |
| Oct 6, 2024 | $0.00008898 | 11.77% |
| Oct 7, 2024 | $0.00009481 | 6.15% |
| Oct 8, 2024 | $0.00010201 | 7.06% |
| Oct 9, 2024 | $0.00011101 | 8.11% |
| Oct 10, 2024 | $0.00010801 | -2.78% |
| Oct 11, 2024 | $0.00010701 | -0.93% |
SafeMoon V2 Technical Analysis
The Safemoon/Tether USD 1-hour chart presents a volatile and predominantly bearish market condition. It covers a timeframe March to August 2024. The price has experienced significant fluctuations, with a general downward trend punctuated by periods of upward momentum.
Key Observations:
High Volatility: The price of Safemoon exhibits extreme fluctuations, with rapid spikes and drops. This indicates a highly volatile market.
Dominant Downward Trend: Despite occasional upward surges, the overall trend for Safemoon is downward. This is evident in the series of lower lows formed over the three-month period.
Low Trading Volume: The thin candlestick bodies suggest relatively low trading volume, which might contribute to the price’s volatility.
Recent Consolidation: In the most recent period, the price has been consolidating within a narrow range, indicating indecision among traders.
While the overall trend is bearish, the recent consolidation phase could potentially signal a period of accumulation before a potential upward move. However, this is speculative and should be considered with caution.
SafeMoon V2 Price History
The chart showcases a significant price decline for Safemoon. The price started high and has been steadily decreasing, with a few minor upward movements along the way.
Key Observations:
Downward Trend: The overall price trend of SFM is downward during the displayed period.
Volatility: The price has experienced significant fluctuations with both upward and downward spikes.
High and Low: The highest price point (High) is indicated at $0.00270000 USD, while the lowest (Low) is at $0.00001706 USD.
Trading Volume: The volume of SHIB traded, represented by the green and red bars, varies significantly throughout the chart.
The chart shows that Safemoon has experienced a substantial price decline and remains highly volatile. The price seems to have formed a descending triangle pattern, which is often considered a bearish pattern.
The recent price action has been within a tight range, indicating indecision in the market.
Is Now the Time to Buy, Sell, or Hold SFM?
The latest news and the talk of the town is the SafeMoon V2 upgrade, which brings the coin a better face in the crypto market. SafeMoon crypto fans celebrated the launch with an 8% increase in token price. The developers have also released future plans. They plan to launch an exchange for trading cryptocurrencies. Additionally, they are planning to launch a hardware cold wallet for the safekeeping of crypto. SafeMoon enthusiast believes that massive upgrades will give more global coverage and contribute to rising in its current price & current growth.
SafeMoon released the second version of its protocol named SafeMoon V2. The launch of SafeMoon V2 prepares for a comeback to the crypto world. SafeMoon V2 was released in Dec 2021. In the developer’s opinion, it enhances accessibility, security, and quality of the contracts in the network. It came up with three essential updates to the network.
Firstly it reduced the token circulation by a factor of a thousand without affecting user balances. Secondly, it increases the quality of the network. Lastly, it improves the security and accessibility of the network. Overall, it unfolds future developments of the network.Not just that, SafeMoon V2 refused to give up to the central government pressures and strictly refused to be chained with defective or regulatory monetary shackles.
SafeMoon has a faster payment process and is a reliable network. But the token is famous for its volatility and is sometimes referred to as a ‘shit coin’ by investors. Some investors have suffered staggering losses, while some have enjoyed excellent returns. Though it is ‘Safe to the Moon,’ it is not a safe investment due to its high volatility. Moreover, it follows on the same lines as a Ponzi scheme. The profits or loss of your investment depends on other investors. So, understand your risk/benefit ratio and then manage your portfolio transactions accordingly.
Factors Influencing Safemoon Price
SafeMoon protocol has a quirky design to reduce volatility by rewarding investors for holding their coins. It is a blend of auto-liquidity generating protocol and RFI tokenomics. Each trade has three functions: Reflection, LP acquisition, and Manual Burn.
Reflection: These are static rewards to correct problems with mining rewards. The SafeMoon approach differs from the traditional rewarding system in two ways. Firstly, the reward amount is decided based on the volume being traded, and secondly, it encourages token holders to collect higher payments based on the number of tokens owned.
LP Acquisition: Automatic liquidity floor creates a solid price floor for traders, and it aids in providing long-term stability. The platform has a unique feature that discourages the selling of coins by charging a 10% fee.
Manual Burn: To create a scarcity of tokens and increase the demand, SafeMoon undergoes token burning. Unlike many coins, it undergoes a manual burn instead of a periodic token burn.
FAQs:
Will SafeMoon Prices Go Up?
SafeMoon (SFM) tokens are mainly used for trade. Unlike other projects with numerous use cases, the SafeMoon process surrounds increasing the coin’s value. So, if any of these mechanisms fail to drive market momentum, SafeMoon coins will suffer. Therefore there is no universal consensus that the token’s price will increase.
Is SafeMoon a good investment?
Future SafeMoon price predictions are not bullish enough. However, it has just entered the crypto world, so it may not be the right time to judge the coin’s capabilities in such a short term. It may be a great investment in the long run. The crypto market may not always behave as predicted, so proper investment advice and own research before the investment are necessary to avoid unnecessary price drops or losses.
What will SafeMoon be worth in 2025?
From the projections, the average price of SafeMoon can reach $0.010203 within 2025.
Can SafeMoon reach $1?
The future price prediction has given any idea of the token reaching the magic dollar mark anytime soon. Projections expect a volatile move throughout the years without any noticeable movement in any of the years.
What is the future of SafeMoon?
SafeMoon is criticized for having severe flaws, so you need to consider it before buying. Due to the volatility and working mechanism, there are no accurate predictions regarding SafeMoon’s future.
Proponents are bullish, but most experts issued a volatile price prediction. It is a kind of lottery one can invest in. The future is unpredictable, and projections are bearish. Hence, the future of SafeMoon may not be completely safe.
Where to buy SafeMoon?
The token SafeMoon is not available on major crypto exchanges. If you want to invest in it, it’s better to approach PancakeSwap, as it was the first to list the token. But before you start buying, make sure you do your own research.
How to buy SafeMoon?
Here is the easiest way to buy SafeMoon. Users need to download the SafeMoon trust wallet. Follow the specified steps and complete the registration process. Purchase BNB through the MoonPay widget on the SafeMoon wallet. Wait till the BNB purchase completes. Once BNB is added to your trust wallet, click on the ‘Swap’ button. Select BNB on the top and SafeMoon at the bottom and click on ‘Swap.’ The purchase is completed once the balance is reflected in the account. You can purchase SafeMoon using BNB on PancakeSwap also.
