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SafeMoon (SFM) Price Prediction 2023, 2025, 2030
Our SafeMoon price prediction forecasts SFM coin to reach $0.000345 in 2023, $0.000805 in 2025 and $0.001956 in 2030.
SafeMoon (SFM) Overview
Cryptocurrency | SafeMoon |
Ticker Symbol | SFM |
Rank | 2811 |
Price | $0.000234 |
Price Change 24H | –0.34% |
Market Cap | $130,989,419 |
Circulating Supply | 559,758,238,354 SFM |
Trading Volume | $1,070,722 |
All Time High | $0.007232 |
All Time Low | $0.0000002149 |
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What is SafeMoon?
One of the most popular asked topics on Google as the new cryptocurrency frenzy inspired by the moon took over social media was “What is SafeMoon?”. A Defi token is SafeMoon.
Defi, a portmanteau of the term “decentralized finance,” is a cryptocurrency movement that uses blockchain technology to circumvent authoritative organizations (such as banks and governmental entities).
Compared to older digital assets like Bitcoin and Dogecoin, SafeMoon is a baby in the cryptocurrency industry; the Defi token was only recently introduced to the market. Nevertheless, SafeMoon is already a hot topic despite its youth.
SafeMoon (SFM) Fundamental Analysis
SFM is a cryptocurrency that circulates on the SafeMoon protocol, a Defi initiative that aims to democratize yield farming. It debuted in March 2021 and soon became one of the most anticipated meme coins.
SafeMoon has no specific use cases, as it is essentially a cryptocurrency, but it has some intriguing features. Any trade includes a fee paid by token holders –a ten percent commission. Half of this commission is handed to all holders, while the other half is split between a smart contract and a liquidity pool.
According to the owners, this commission serves as a penalty for speculators while rewarding long-term investors, as well as a means of ensuring liquidity and providing static benefits to those holders.
This peculiar mechanic sparked some suspicions about SafeMoon being a hoax. The declaration exacerbated those concerns that the team will perform manual burns rather than algorithmically defined ones, which many believe gives the staff too much power.
On the other hand, the development team burned their tokens to ensure a fair launch, and they appeared approachable and eager to answer any questions to dispel any fears. There are other celebrity sponsorships to consider, such as Diplo’s.
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Current SafeMoon Price
SafeMoon currently stands at $0.000234 with a market capitalization of $130,989,419, ranking #2811 amongst all cryptocurrencies by that metric as of 22 March 2023. SFM price has changed by -0.34% in the past 24 hours with a trading volume of $1,070,722.
SafeMoon (SFM) Coin Price Prediction 2023
As per our SafeMoon price prediction 2023, SFM coin is expected to reach a maximum price of $0.000345 by the end of 2023 with the increasing advancements. In the most bearish scenario, the price of SafeMoon may land at a minimum of $0.000276, with an average price of around $0.000322.
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SafeMoon Price Prediction 2025
In 2025, SafeMoon price is estimated to reach $0.000690, at minimum, and the maximum price could be $0.000805, according to our SFM coin price prediction 2025. The forecasted average price could be $0.000736.
SafeMoon Price Prediction 20230
The SafeMoon ecosystem is actively growing with new users and may remain viable in the long term. Our SafeMoon price prediction 2030 forecasts SFM to trade between $0.001840 and $0.001956 by the end of 2030. The average price of SafeMoon might go to $0.001887.
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