Safemoon Binance Listing Date: Binance is rumored to be planning to list Safemoon on its trading platform. The Safemoon is currently not listed on any major exchanges, however, a listing on Binance might significantly boost its price.
Safemoon Binance Listing Date is a Rumour?
There are many rumors that Safemoon Binance listing date is near and it can be listed in the world’s biggest crypto exchange next month but there are no official reports found on the Binance listing page regarding Safemoon listing.
Since the Safemoon is considered to be one of the most promising cryptos as of now. And whoever becomes the first one to list it on their website would benefit. This would happen because people will join the platform to buy the coin.
In this article, we will try to explain all about Safemoon Binance Listing. Stay tuned with us to know more about the Safemoon Binance listing date. We will also tell you if the news has any truth to It or it’s just a rumor.
Safemoon Binance Listing By 2021 End?
Binance has already archived Safemoon on their website, which is currently simply a skeletal listing. According to a simple Google search of ‘Binance and Safemoon.’ If you were to check out the old version of Binance or the cached version of the app. You will find a dedicated page for the Safemoon listing.
But that is only available with the cached version of the website. And on the updated web page you will not find anything. And as of now, the company has not said anything related to accepting Safemoon on its platform.
According to some Crypto Experts, there are some assumptions that Binance may list the Safemoon on its exchange in 2021 month end.
Safemoon has about 3 million investors, with the bulk of them being new and first-time purchasers. Binance would gain much from introducing the currency since it would bring in a flood of new consumers who would not only purchase Safemoon but also other cryptocurrencies in the future.
From its all-time high of $0.00001399 on April 20, 2021, the currency is down around -82.73 percent. A Binance IPO might cause its price to skyrocket and break through its previous all-time high, rewarding investors handsomely. The investment community is ecstatic about the fresh news and is anticipating Binance’s official announcement of the listing.
Is Safemoon a good investment?
No doubt in the long run Safemoon is a good investment but keep in mind that if Safemoon holders will sell Safemoon coins the it will charge a 10% fee, half of which will be paid by way of a dividend to current investors.
Despite the desire to achieve some stability through the fees levied on investors who sell their tokens, there has still been substantial price volatility.
This means that investors could have made both impressive gains and staggering losses, depending on their financial situation.
Investing in cryptocurrency is a bit like gambling so don’t invest your entire life savings in this asset class.
Safemoon Price Prediction 2025, 2030
SafeMoon launched on 8 March 2021 with an initial price of $0.000000001; traders started to get interested, and the price soon reached $0.0000015 on 3 April. It stayed around this price for about two weeks.
As we know SafeMoon is a newly launched project. And investors try to invest in such kinds of projects for a long-term goal like 4-5 years. The current year is 2021 which offers a great opportunity for the upcoming 2025.
There are strong possibilities that 2025 will boost the rocket engine on the SafeMoon coin. Price may surge up to $0.08 till the end of December 2025. SafeMoon Price Prediction for 2030 is around $0.10 to $0.25.
To know more about the Safemoon Price Prediction, please click on the below link:
According to the official website, the Safemoon protocol is built on three functions: reflection, liquidity pool (LP) acquisition, and burn.
The future of Safemoon Coin
As the crypto market is volatile by its behavior the cryptocurrencies analysts appear to be cautiously optimistic about the Safemoon price.
WalletInvestor predicts that the value of a Safemoon coin will rise to $0.000051 in one year and up to $0.000237 in five years.