![]() "As far as why still has such great virality, this is primarily due to a short-term marketing blitz and the built-in mechanisms for value."Įxperts have previously warned Newsweek about the risks associated with investing in cryptocurrency. "Users should continue to do their own research, and be active members of projects' communities so they can hear any early alarm bells from fellow members. "The nature of vulnerabilities is that they can be ever-changing with even small additions to the code opening a new potential threat. The minimum value of the Safemoon coin can be around 0.11 if the market gets. John Wu, president of the Ava Labs blockchain network firm, told Newsweek: "Audits from credible firms are vital to the growth of DeFi, but audits can't catch all bugs. However, the average price can be around 0.24 if current growth continues. Last week, the cryptocurrency security organization CertiK Foundation announced it had completed an assessment of SafeMoon and granted it a security score of 84 out of 100-placing it 67th on its leaderboard ranking out of 309. It is down 1.6 percent over the past 24 hours, while SafeMoon is up around 17 percent. SafeMoon currently claims its market cap is around $3.8 billion, though this changes all the time.īitcoin, meanwhile, is worth around $56,000 per coin with a market cap of just over $1 trillion. Its market cap-the total value of all tokens in circulation-is not listed on major price tracking sites CoinMarketCap or Coinbase. SafeMoon is currently worth around $0.000008, at time of writing. Bitcoin is placed first.īut CoinMarketCap states that cryptocurrency ranking systems usually list tokens based on their market capitalization-the total value of all circulating tokens of a given type. ![]() The team has urged the price tracking site to increase SafeMoon's ranking as the token is currently placed 2,489th in the world. ![]() Incredible! #SAFEMOON now has more watchers on than #BTC □□ THANK YOU! /jWoCJfQfil- SafeMoon May 6, 2021 ![]()
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