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BTC $43781.57 (-7.9%)
ETH $3056.99 (-9.0%)
USDT $1.00 (-0.0%)
BCH $547.51 (-11.%)
BSV $141.57 (-13.%)
LTC $159.91 (-10.%)
BNB $369.78 (-10.%)
ADA $2.13 (-9.4%)
DOGE $0.21 (-11.%)

SafeMoon Price Surges 20% Amid Wallet Release

SafeMoon Price Surges 20% Amid Wallet Release
  • SafeMoon price has increased by 20%.
  • This surge in price came after SafeMoon developers launched a beta version of their wallet on the Google Play store.
  • SafeMoon now ranks among the top 100 cryptos in terms of market cap.

SafeMoon price surged by 20% according to a report. Moreover, the SafeMoon price surge came in a few days after its developers announced the release of their beta version of SafeMoon’s wallet on the Google Play store.

To be specific, SafeMoon price successfully achieved the 20% milestone within a 24-hour duration. With this said, SafeMoon is now ranked among the top 100 cryptocurrencies in terms of market capitalization.

Briefly, SafeMoon is a decentralized token on top of the Binance Smart Chain. Honestly, SafeMoon is neither a governance token like COMP and UNI that works to unlock voting rights on a certain protocol or a utility token. To describe SafeMoon in a more simple term, it is similar to a meme token Shiba Inu.

Cycling back to the news, SafeMoon price is currently trading at $0.00000179 with a 24h trading volume of $12,322,239 at the time of writing. Also, it has a threshold value of $1,029,102,532 as of its market capitalization according to Coingecko.

Furthermore, the crypto community believes that SafeMoon could do better in the upcoming days than what is presently reflecting.

Collins Adane is a writer who follows the crypto industry closely. He loves fish stew and Real Madrid. He believes in cryptocurrency’s potential to transform the money landscape in his native country Ghana.