SafeMoon price: Crypto value jumps after weeks of decline – should you buy SafeMoon coins?


SafeMoon is one of the newest types of cryptocurrency to emerge and has only been available to buy for the past few months. But, since its introduction to the market, SafeMoon has seen its value skyrocket, and at one point, was one of the hottest properties on the crypto ladder.

The cryptocurrency is one of the fastest-growing digital coins out there.

It was first made available in March 2021, and has since skyrocketed in value – largely thanks to its loyal social fanbase.


But after its incredible rise to fame, the value of SafeMoon has become much more unstable since the end of April.

Along with most other types of crypto, the token’s value dropped by about half over a two-week period from the middle of May.

READ MORE: SafeMoon price: Will SafeMoon tokens ever reach $1?


But, SafeMoon’s high volatility doesn’t make it an ideal investment, warned Crypto Head co-founder, Adam Morris.

It’s a community-driven campaign that hasn’t got its investors’ best interests at heart, he said.

“SafeMoon has a lot of similarities with Dogecoin, but it’s even more risky because it doesn’t have the history that Dogecoin does,” Morris told


“SafeMoon is community-driven by people trying to get rich quick and history shows these never work out.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook


We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News


Read original article here

Denial of responsibility! TechAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More