1/11/2024 0 Comments Safe moon price conversionWhether this is going to happen in the long term remains to be seen, but it could, at least in theory. In theory, you could even make a profit while the overall SafeMoon price went down. One could, theoretically, make a bit of money from other people selling the token while you held on to it. This gives crypto holders a kind of reverse dividend, with a rather bizarre paradigm going on. The idea is that SafeMoon serves as a store of value, resisting volatility by encouraging people to hold onto it. Of this money, 40% of the taxed money is redistributed to the people still holding the token, while 30% is given to the SafeMoon system’s liquidity pool, 20% is burned and 10% is sent to a growth fund. The crypto’s founders says that anyone who sells a SafeMoon token will be subject to a 10% sales tax. The idea behind the SafeMoon token is that it is a crypto designed to encourage people to hold onto their tokens. Let’s take a look and see what we can find out about SFM, and consider some of the SafeMoon price predictions that were being made as of 11 October 2022. It’s a crypto token that has attracted both fans and controversy, but what is SafeMoon (SFM)? Can SFM lift off in the foreseeable future? – Photo: Hendrik Heemskerk/Shutterstock
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