SafeMoon (SAFEMOON) Price

SafeMoon is one of the fastest-growing crypto communities in the market today, with its DeFi tokens offering innovative features to clients. Some of its innovations are seen in the functions that automatically occur with each trade.

Reflection: All holders will have 5% of the value of their transactions added to their wallet balance as a form of generating passive income. This mechanism not only helps keep market pressure off the token during transactions it also provides an added incentive for holders to keep their tokens for longer. LP Acquisition: Another 5% will be automatically added to the token's liquidity pool. The positive effect of this is that it provides a price cushion/floor to protect investors from market shocks, which are quite common in the crypto world.

Burn: A manual burn strategy, where specific tokens are manually retired,' helps keep the price levels stable. It will negate the inflationary effect brought about by the addition of reflected tokens. As a Fair Launch token (the development team all burned their tokens and participated as regular clients upon launch), SafeMoon is particularly proud of its reputation as community-driven crypto.

Launched in March 2021, under the leadership of founder-CEO John Karony, the vision behind SafeMoon's development was to provide an easily accessible token for new investors hoping to participate in the DeFi market. This area of the crypto industry previously saw few new players, as the existence of high-yield LP-farming operations made it prohibitively expensive for the average investor to buy-in.

With a fair launch supply of 777 trillion tokens actively traded on exchange, SafeMoon (traded as SAFEMOON) is considered a good bet for beginners to the DeFi sphere. Security is ensured by using a four-year DxLocker contract for the LP tokens, and each trade is locked on PancakeSwap as soon as it is generated.