Is Safemoon cash a rug pull? NEW YORK, NY / ACCESSWIRE / June 11, 2021 / Safemoon Cash launches a fully rug proof, ownership renounced, community driven token on Binance Smart Chain. With its high transaction tax, it's the early holders of Safemoon that profit most. Safemoon Cash gives holders passive rewards through static reflection.
How to buy SafeMoon coin?
What happened Safemoon cash?
NEW YORK, NY / ACCESSWIRE / June 14, 2021 / Members of the BSC community recently launched Safemoon Cash, which is a rug proof project operated on The Binance Smart Chain. The ownership of the project is fully renounced and it is currently a community driven project.
What is a slow rug?
Slow and almost undetectable Rug Pull
Rug Pulls that occur slowly are more difficult to detect. These take place when creators develop a legitimate looking coin without showing any further warning signs, yet the coins are distributed in large quantities in wallets to which only the creators have access.
Is SafeMoon cash legit?
It's one of the riskiest cryptocurrency investments you can make. Most types of cryptocurrency are risky investments, but some are much riskier than others. Because it doesn't have any legitimate uses and relies so much on popularity, Safemoon is one of the most dangerous places to put your money.
Related guide for Is Safemoon Cash A Rug Pull?
How much is SafeMoon worth?
The current total market value of SafeMoon is over $981.88 million, ranking it 212th in terms of market dominance, according to CoinMarketCap.
Is Safemoon Cash different from Safemoon?
SMCG is the Safemoon Cash Governance Token, which will be launched in Q3 2021. The main benefits of holding SMCG will be that you will be able to decide on the future of the project, as well as propose or accept new functions, or features of both the technology itself and the token.
Whats a Rugpull?
A rug pull is a malicious maneuver in the cryptocurrency industry where crypto developers abandon a project and run away with investors' funds. Rug pulls thrive on DEXs because these types of exchanges allow users to list tokens for free and without audit, unlike in centralized cryptocurrency exchanges.
How do I know if my rug is a coin?
How do I know if my rug is pulling?
Is SafeMoon smart contract?
SafeMoon (SAFEMOON) ERC20 Token in Binance Smart Chain Mainnet. Token is implemented as ERC20 smart contract with address 0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3 .
Is SafeMoon legal?
We are a legally registered entity in accordance to the law and jurisdictions in which we operate". As of October 2021, the CertiK Security Score for SafeMoon is 91/100. SafeMoon has an A Transparency Rating (Full Transparency) from Nomics.
Can you sell SafeMoon?
In order to sell SafeMoon, you need to have an account at a cryptocurrency exchange that holds BNB. Type the word "SafeMoon in the search bar. 4. "Tap on "SafeMoon." You'll get a notice that SafeMoon tacks on a 10% transaction fee; 5% is distributed to token holders and the rest is added to liquidity.
Will SafeMoon go to Coinbase?
SafeMoon is not supported by Coinbase.
Where can I buy SafeMoon stock?
Where to buy safemoon:
Will Dogecoin reach $50?
FOR ALL DOGECOIN HODLERS: Dogecoin Can Hit $50 In 2021 (This Is Why) | Dogecoin Prediction – Doge If Dogecoin were to reach this market cap - the price can be calculated through dividing the market cap (2 trillion) by the supply (128 billion).
Is Safemoon liquidity locked?
One of the cornerstones of SafeMoon is its inclusion of an automatic liquidity pool in its protocol. The tokens are locked into the pool, to ensure the liquidity while also creating the price floor. CEO John Karony has tweeted that the SafeMoon pool contains around a quarter of a billion dollars worth of tokens.
Is Safemoon deflationary?
At the moment, the coin is attracting a massive number of new investors, including over 3000 Safemoon and Dogecoin community members. It is a hyper-deflationary payment network token, but the burning of the token supply is what differentiates it from most coins.
What is Safemoon swap?
SafeMoon Swap is a frictionless yield and liquidity generation protocol that helps the token holders earn passive income while also enhancing the liquidity of the pool. This protocol has a permanently increasing-price floor, with all investors earning additional SafeMoon Swap tokens for just holding it.