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What is SafeMoon? The new cryptocurrency and how it compares to DogeCoin and Bitcoin

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"DeBank is saying that PancakeSwap had 700k unique addresses today and the SafeMoon livestream had 50k live viewers. Wtf is going on. I am very sure about one thing though — BSC won't be able to handle the current activity for much longer and will eventually be unusable. When ponzis start consistently losing money, people will lose interest too. Only question is what happens after that."
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SafeMoon is one of the most popular new cryptocurrencies of 2021, but can you buy the currency on the Coinbase or Binance exchanges?

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    Even if this were the case, and Safemoon coin was to increase in price dramatically before an instant fall, it would still represent a good investment for purely speculative investors. For example, if Safemoon were to simply return to the all-time high experienced on April 20th, then that would represent an incredible 921% return from today’s price!

    Coinye was developed under the original moniker “Coinye West” in 2013, and identified by an unmistakable likeness of hip-hop superstar Kanye West. Shortly before Coinye’s release, in early 2014, West’s legal team caught wind of the currency’s existence and sent its creators a cease-and-desist letter.
    Fourth quarters tend to be bullish for crypto. But we expect this one to outperform previous years. That’s because we are in the final 320-day cycle of this multiyear bull market. The last time...

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    A blockchain is a shared digital register of recorded data. For cryptocurrencies, this is the transaction history for every unit of the cryptocurrency, which shows how ownership has changed over time. Blockchain works by recording transactions in ‘blocks’, with new blocks added at the front of the chain.

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    Checks whether the public key for this certificate is consistent with the given private key.

    Considering there are no sudden jolts or risks ahead for cryptocurrency markets, SafeMoon is all set to affirm its strong position as a major attraction among its investor community. The road ahead is full of petals provided the investor confidence keeps booming, resulting in a major push to the price, taking it across all barriers scaling $0.000011.
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    JUST IN: A new whale has been born in the #SAFEMOON ecosystem. This whale purchased $1.9M worth of $SFM tokens today.

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    Bitrise Exchange is another highly anticipated product that is increasing Bitrise token utility. The exchange will be decentralised and super safe with its 2FA/SMS security features. It allows users to trade a vast range of coins, including Safemoon, Dogecoin, Shiba Inu and many others.

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"A majority of the other large cap cryptos remained relatively stable over the weekend. The one exception was Shiba Inu which surged to a new record high," it added. "As we enter the new week ahead, altcoins look poised for further gains, having consolidated over the past two days."

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It is pretty easy actually. The entire process involves five key steps. They are: a) Choose a crypto exchange; b) Create your account and verify it; c) Deposit the fund and start investing; d) Place you order to buy desired cryptocurrency, e) Select a storage method. However, there are also other ways to invest in cryptocurrencies. These include crypto ETFs (similar to those of gold and other ETFs) or investing in cryptocurrency-related stocks. These options are not so mainstream yet.

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He added: "You’re simply reliant on someone further down the line being willing to pay more than you did to turn a profit, which is a risky bet indeed."

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