On New Year’s Eve we have another good news for you — Safemoon V2 is listed on the exchange. Now operations with the new version of SAFEMOON token (SFM) are available on KickEX after migration to the new contract — deposit, withdrawal, trading in pairs with USDT.
About the project
SafeMoon was released in March 2021 with the slogan “safe to the moon” and quickly conquered the top charts of all cryptocurrency communities. In a relatively short period of time, the token gained more than a million holders, which was an absolute record at that time. How did the project conquer and attract the audience?
First of all, it was new trends in decentralized finance, which later everyone began to copy. For example, taxation of all transactions at the rate of 10%, part of which was distributed to token holders, part of which was burned. That is, two mechanisms were launched at once — deflationary and marketing, to keep the number of holders.
Also, the project had a strong team and community. The founder, John Caroni, a former Pentagon analyst. SafeMoon immediately attracted many opinion leaders, and a fairly strong hype was raised in the media.
And the project has Napoleonic plans — its own blockchain, hardware wallet, ecosystem and DEX development.
SafeMoon is ranked 222nd by CoinMarketCap with a market capitalization of more than $800 million. The token has a maximum issuance of $1,000 trillion and daily trading volumes of $6.6 million. The token has good volatility — at the start it was growing by tens of thousands of percent, however, at the last dump it rolled back quite strongly.
It is important to note that in December 2021 there was a token migration to a new contract — V2. The migration took place at a ratio of 1000 to 1, which means that the new token will be 1000 times smaller than the old one. If you previously had a SAFEMOON V1 balance in your exchange wallet, it will change in accordance with the rules of migration from the project, plus taking into account the burning of tokens during the migration.
SAFEMOON V2 and all transactions are now available on KickEX. Stacking is not available yet, but we will add this functionality in the near future.
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