The crypto industry is always the apple of everyone’s eye with new chances of making big bucks despite extreme market volatility that were so far considered infeasible by humankind. Every day, there is a modern innovation and a positive buzz followed by that. If you are up for knowing what it has brought in recently, then we cannot wait to unveil you the same! So, stay glued.
The genesis of a new DeFi Token
A few days back, Dogecoin was the most trending altcoin, with its growth by over 14,000% according to MarketWatch.com. But right now, it has fallen back a bit after its huge hit in the crypto market. All because of the launch of the new lunar-inspired DeFi token, which has taken over the social media because of the crypto currency craze- the SafeMoon. It has continued to soar high in the market ever since its launch.
Though the token began trading at $0.000000001, it has shooted in its price with the growth of 2,000% in just a few months. Being just a baby to the crypto world, and gaining this trend is all because of the price volatility and the prominent interest shown by the investors.
So, let us take a closer look at what this new cryptocurrency is all about.
What is SafeMoon?
SafeMoon is a blockchain-based digital currency that is similar to Bitcoin, which was launched in March 2021 and not to miss the fact that it has already racked over 2 million users. It is a BEP-20 token, meaning it operates on the Binance Smart Chain (BSC) blockchain network. If you have a question to why this is different from other DeFi tokens, then here is your answer: It charges a 10% transaction fee from anyone who sells their tokens, from which 5% of fee is redistributed to the other SafeMoon owners, thereby rewarding them for hanging onto their tokens.
How is SafeMoon different from Dogecoin?
The major drawback of how other cryptocurrencies like Bitcoin, Dogecoin have strayed away from providing its original goal of providing a decentralized environment, and has turned into investment commodities, is now smashed hard by this SafeMoon. Since it takes a significantly less capital investment when compared to Dogecoin and is turning its value more worthy through the burn mechanisms, it has turned to a reward providing token.
Unique functions of SafeMoon
The core functionalities of the app like Automated Liquidity Provisions, RFI Static Rewards and Automatic Token Burns are what makes them distinct from the Doge coins.
Reflect mechanism and static rewards – Static rewards is a solution to a lot of problems, as the reward amount depends on the trading volume of the tokenTherefore, there is no downward sales after the early adopters sell their tokens in the market. Also, due to the reflect mechanism, the holders of SafeMoon can get higher rewards.
Manual burns – For improving the usability of tokens, the manual burns are implemented, so that the investors can have an upper hand in the long run. The circulating supply can be identified any time.
Automatic Liquidity pool (ALP) – Because of the two-base operations, the funds are acquired both from the buyers and sellers and added to the LP, to create a solid price floor. As the resistant mechanism acts as a penalty, the volume will stay secured. This in turn prevents the larger dips in price when anyone decides to sell their tokens and increases the token LP.
How to buy SafeMoon?
To purchase the SafeMoon cryptocurrency, one needs to set up a Binance Chain Blockchain Network compatible wallet. After setting up, the user or investor must fund their wallet with Binance Coin (BNB), convert it into the Smart Chain blockchain network, and swap these coins for SafeMoon.
However, you cannot purchase SafeMoon on Coinbase and you have to buy SafeMoon on exchanges like PancakeSwap, BitMart, BakerySwap, Gate.io and WhiteBit. Among which, PancakeSwap is the most popular Decentralized exchange.
If you are set on venturing into the crypto bubble with the new idea just like SafeMoon, the upcoming sections might give you all the information you need.
GOT AN IDEA FOR A FUNDRAISING DeFi Protocol Like SafeMoon? LET’S DISCUSS!
SafeMoon clone is a replica of the Decentralized Finance (DeFi) token website similar to the SafeMoon. It is a blend of RFI Tokenomics and automated liquidity pool generating token, using which you could create a fundraising DeFi protocol like SafeMoon.
SafeMoon clone listing on DEX exchanges
By following the below simple steps anyone can get the SafeMoon Token clone.
The first step for buying the SafeMoon token clone is to create an account for themselves on any Automated Market Maker (AMM).
Followed by which, a user can integrate the digital wallets that align with the current crypto trends. This is a mandatory step, as only after the successful integration, the investors can get a move on with the next stage.
On the specified wallet address of AMM, the user adds the cryptocurrency that can later be withdrawn from third-party sites.
Features clipped with our SafeMoon Clone script
Percentage based returns
High Annual Percentage Yield (APY)
Harmonious with market fluctuations
How to launch a community-driven protocol like SafeMoon Clone and whom to reckon with?
Appdupe is the leading DeFi development company, which can help you in designing and developing the scintillating SafeMoon clone script that proves its worth with advanced architectural design, automated liquidity provisions, market trouble alleviation, etc. As a proficient team, we have hands-on experience in developing tokens on various blockchain networks such as Ethereum, Binance Smart Chain (BSC), Cardano, EOS, Flow, Polkadot, TRON, etc.
We provide a feature-rich script that is made up of top-notch functionalities and high-security protocols that holds the original source code, which allows three major functionalities like Reflection, LP Acquisition, and Burn, just like SafeMoon. With our SafeMoon clone, you do not need to build it from scratch, but you can customize the readily available script for your business firm and launch it quickly.
You can create your token with us and get excited with the positive results and surging popularity in the cryptocurrency market. We also develop cutting-edge DeFI platforms and NFT marketplaces like PancakeSwap, Uniswap Clone, OpenSea Clone, Rarible Clone, etc. With our dedicated support by your end, you can launch a valuable token like SafeMoon,win over the crown and leverage core benefits like never before.
At AppDupe, we know that our customers are Entrepreneurs and keeping them succeeding is what will make us stronger. So, we promise you, Life Time Updates free of charge. Yes, we know that Apple and Google keep coming out with new versions of their mobile OS's and other companies we clone from also keep updating their features and UX to stay up-to-date. We will take care of that for you, leaving you to do what you do best, Win!
Is this legal?
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