Friday, June 11, 2021

Safemoon cash is a new DeFi cryptocurrency built on the community based BSC platform


Safemoon cash is a fresh new DeFi cryptocurrency built on the BSC platform that has just been on the market for a month. In reality, the Binance Smart Chain community secretly launched it around the end of April, based on an announcement https://safemooncash.org/ released on a newly constructed Safemoon currency project website.
Except for the fact that it is a crypto project, it has nothing in common with the Safemoon coin. Furthermore, Safemoon cash currency was formed to compete with the Safemoon project itself, with its first (and somewhat lofty) target of achieving 25% of Safemoon's peak market valuation of $4.3 billion. The price of Safemoon cash coin is now incredibly low, and attaining the figure they are aiming for will result in a 10,000% increase.

What’s so special about Safemoon cash crypto

It's a rug-free community-driven project that's comparable to Safemoon and follows the same tokenomics theory as Safemoon, but the transaction tax is 2,5 times cheaper, at just 4%. Half of it (2% ) goes to the shareholders, who are paid according to their shares, and the other half (2% ) goes to the liquidity pool, which progressively raises the capital. As a result, every user has the same opportunity to gain from this new coin. Safemoon Cash is now trading at a very low price of $0.0000000002459.

The new cryptocurrency was created by an unnamed group of “tech enthusiasts, graphic artists, software aficionados, and marketing experts.” However, none of them had any marketing or development funds, and the token's liquidity was burned when it was launched, as evidenced by the public Safemoon Cash BSCscan transaction.

Unlike Safemoon, the whales in Safemoon Cash don't control more than 7,5% of the company, and the project is un-ruggable because its ownership is clearly disclosed. TechRate had already performed an audit on the project.

The fascinating thing is that it has been climbing swiftly since its introduction, and according to the Safemoon Cash chart, its momentum has been growing slowly but gradually, peaking on May 10 and then declining since then. Many people quickly recognised it, and the number of those who own it today stands at 17,000. The market value is fast expanding, and the market has already surpassed $20 million, according to Safemoon Cash Poocoin statistics, and is becoming increasingly popular. It was the fourth most watched currency on Poocoin on May 9th.

Safemooncash.org claims to have a superior community, which has been shown thus far by the tremendous activity on reddit, Twitter, and even TikTok. Furthermore, there are numerous supportive comments beneath any Safemoon Cash-related documents, and the number of original holders continues to rise. In fact, the community has grown to the point that new transactions occur nearly every second.

A recent statement on the Safemoon Cash Reddit branch stated that another bull run for the token is on the way, and that anybody interested in participating should begin buying it as soon as possible. It's now only feasible through PancakeSwap, but the development team promises that the coin will be introduced to other exchanges in the near future.

You must be using Pancake Swap v.1 to purchase a new crypto currency. On official websites, Reddit, and BSCscan, the Safemoon cash contract URL could be located.


Thought on the future

Safemove Cash, like any new coin, is extremely volatile, and it's difficult to anticipate what will happen in the coming days, much alone weeks, but the team seem to be focused. They are sticking to the intended Moon map, and the coin was published on the XT market on May 10 and verified on ProBit on May 13. CoinGecko plans to offer the cryptocurrency before the end of the year.

The most immediate goals are to create the Safemoon Cash Governance Token, which will be used to influence future choices, and then to implement the farming protocol, which will help to reduce selling pressure and increase liquidity.

If Safemoon Cash continues to draw new fans and investors at the current rate, it appears that the project has the potential to become a huge success.
This post is intended to provide general information and should not be interpreted as investment advice. We request that you conduct your own research.

For more informations:
Username : pijayplow93
Profile : https://bitcointalk.org/index.php?action=profile;u=2750501
BEP-20 ADDRESS : 0x476366b6839e2046bE2DCf258476633cAE21195e

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