Seeking Alpha
2021-04-20 16:51:51

SafeMoon shows up as most searched cryptocurrency for a third day

A new kid on the block is starting to steal Dogecoin's (DOGE-USD) thunder. SafeMoon is appearing as the most searched cryptocurrency on CoinMarketCap for the third day.The cryptocurrency reached a market cap of $1B in less than a month and and saw 7,618% growth in the last 30 day, bringing its new market cap to more than $2B, HypeBeast reports.The young crypto still is decimals away from reaching a penny per token.The coin offers static rewards to those who hold on to SafeMoon, while penalizing large sell-offs; a 5% fee per-trade is redistributed to all existing holders and another 5% fee is split with half sold into BNB and the other half added into liquidity.SafeMoon also recently said that the crypto would be listed on two new exchanges in coming weeks.Dogecoin fans, though, are hoping to bid their favorite crypto to $1 on Tuesday, which they've declared as "Doge Day."

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.