8 Facts You NEED to Know About the SAFEMOON Coin

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Lets explore the safemoon coin. If you're looking at the latest price prediction and safemoon update news, there's lots of graphs and hype but we explore the actual facts if you're new to the Safemoon token.

Safemoon's own website they have some pretty crazy plans for 2021, and they look quite exciting. There are plans to build out an NFT exchange for what I assume is digital artwork that has been selling for multimillions over the past few months from famous digital artists who can essentially digitally sign their digital artwork as original using blockchain technology.

They're also building out their own finance platform or wallet which will enable people to buy and sell safemoon more easily that they've recently been promoting on their twitter. For Q2 this year which will end at the end of June, Safemoon promise to have a UK and Ireland office up and running, a crypto educational app and beginning the work on said NFT exchange.

Safemoon started with 1 quadrillion tokens and is a deflationary token which means that supply is burnt down, rather than mined up to it's target capacity. At the moment we're at around 585 trillion which is huge, with 2 million holders, and a market cap of 4 - 5 billion US dollars. One of the big milestones for Safemoon is being able to hit $0.01 but I've created another video that I'll link up here in my crypto playlist that goes into way more detail about the burning of coins, how long it'll take and what circulation we need to realistically hit $0.01 based on current market caps of popular coins.

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I'm Matt, a product owner and property investor working in London, UK. I make videos about money, finance and property investing to help people lead a more financially savvy life. In my spare time, I’m documenting what it takes to diversify my income and build a business.

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Видео 8 Facts You NEED to Know About the SAFEMOON Coin канала Matt Brighton