The post SafeMoon V2 Price Prediction 2022: Is A 3X Run On The Horizon? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
The crypto sphere has been welcoming to diverse projects over the years. The Safemoon has been one of the unique projects, which was launched in 2021. Like the other famous cryptos, Safemoon also works on similar principles like a higher TPS and improved security. But additionally, it has promised to make investments safe by pulling down the volatility movements.
Being launched only recently, the token was a massive crowd puller. With increased hype in the meme space, the protocol holds the solid potential to outpower chief meme coins such as Shiba Inu and Dogecoin.
Wondering if an investment in this currency will be the next good thing to do? Look no further, as this write-up covers the possible price projections for 2022 and the years to come!
- SafeMoon V2 (SFM) Price Prediction For 2022
- SafeMoon V2 (SFM) Price Prediction For Q2
- Forecast Of SFM For Q3
- Prediction Of SafeMoon V2 For Q4
- SFM Price Forecast For 2023
- Price Prediction Of SafeMoon V2 For 2024
- Price Trajectory For 2025
- What Does The Market Say?
- What is the Safemoon Token?
- Fundamental Analysis
- Our Price Prediction
- Historical Market Sentiments
|Market cap||$ 277,800,683.0000|
|Trading Volume||$ 0.0000|
|All time high||$ 0.0000 May 11, 2021|
|All time low||$ 0.0000 Mar 14, 2021|
SafeMoon V2 (SFM) Price Prediction For 2022
|Potential Low||Average Price||Potential High|
Just like the majority of the cryptocurrencies in the business, SFM’s price had initiated its run in 2022, whilst being in a downtrend. The market-wide dump dragged the price to $0.0014 by the 22nd of January. The digital then lingered around the range until the 7th of February, when it posed an incline. SFM’s price saw a single-day spike to $0.00189.
However, the spike was short-lived as aggravating global tensities led to a plunge to $0.00146 by the 15th of February. While the digital token had attempted a leg up to $0.00168. As traders extracted profits at the levels, the price fell to $0.0011. Thereafter, a steady downtrend, left the digital asset trading at $0.00099 by the 29th of March. Howbeit, a spike from which, helped close the quarter at $0.00127.
SafeMoon V2 (SFM) Price Prediction For Q2
The altcoin has trended down to the south, since the start of the second quarter. At the time of press, SFM is changing hands at $0.000432. A reversal in trends might push the price to $0.00063. On the flip side, if the bears continue to weigh heavier than the bulls. The price of SFM might fall to $0.00033. That said, a balance in trade pressures could land the price at $0.000526.
Forecast Of SFM For Q3
If the protocol rolls out developmental and community building initiatives. The price of the digital asset could see its potential high of $0.00091. Conversely, the lack of developments might create negative criticism, which could drag the price to $0.000617. Constrained by the linear trajectory of the price, the average price could settle at $0.000758.
Prediction Of SafeMoon V2 For Q4
The digital asset could find the stars inclining in its favour if the protocol welcomes notable adoptions and collaborations. In such a scenario, the price of SFM might propel to a maximum of $0.00128.
In contrast, if the industry spectates a possible crash owing to financial crisis or regulatory concerns. The price might stumble down to $0.00089. That said, considering the bullish and bearish price targets, the average price might settle at $0.00107.
SFM Price Forecast For 2023
If SafeMoon V2 sees a possible listing on any major cryptocurrency exchange platforms. It would find a wider audience, wherefore, the push in volumes could take the token to its potential high of $0.00257. On the contrary, depleting market presence and ebbing dominance might land the price at $0.00116.
Price Prediction Of SafeMoon V2 For 2024
The price of SFM might chug towards higher peaks if it employs community driving initiatives and real-world applications. Catering to which, the price might shoot up to a maximum of $0.00481. However, if the market witnesses massive liquidations resulting from uncertainty and FUD. The token might tumble down to $0.00246.
Price Trajectory For 2025
The crypto industry is expected to thrive at an impeccable rate over the years. So are NFTs and metaverse. The results of which could reflect on SFM, which might spike to a maximum of $0.00992. On the contrary, emerging rivals and growing competition might drag the price to a minimum of $0.00465.
|Year||Potential Low||Potential High|
What Does The Market Say?
Digital Coin Price
According to Digital Coin Price, SFM might surge to a maximum of $0.000633 by the end of 2022. Whilst a reversal in trends could push the price down to $0.0549. A balance in buying and selling pressures could settle the price at $0.000587. The firm expects, SFM to surge as high as $0.000705 by the end of 2023. And a maximum of $0.000734 by the end of 2025.
As per the forecast of Trading Beasts, the altcoin might hit its potential high of $0.000894 by the end of 2022. The firm has set minimum and average targets for the year at $0.0006083 and $0.000715. The analysts from Trading Beasts have set the maximum closing target for 2025 at $0.001211.
The website has set the maximum closing targets for 2022 at $0.000686. Whilst the minimum and average closing targets are set at $0.00041 and $0.00058. According to the forecast, the price of SFM might catapult as high as $0.002 by the end of 2025.
Click here to read our price prediction of PundiX!
What is the Safemoon Token?
The Safemoon protocol was launched recently on March 08, 2021. Safemoon’s official website quotes that, ‘The token is based on three main functions, Reflection(Static Rewards), LP Acquisition, and Burn’. The people who hold the token for a long time are eligible for static rewards. Moreover, The automatic LP helps to control the volatility of the price, keeping the altcoin a practically safe investment.
Maintaining the safety of the protocol, the developer burned all tokens in the Dev wallet before launch, having a fair launch on DxSale. The LP is locked on DxLocker for four years and generated with every trade & locked on Pancake swap. The network works on regular burning events, to keep the price movements in a check. Consequently, when the supply turns limited, the value of the coin hikes!
Additionally, this altcoin vows to resolve conventional flaws in the crypto space, importantly-Volatility. Open arms to the safe deflationary coin? Safemoon lies on the existing blockchain, where it also becomes decentralized.
Stepping into the space, earlier in 2021, the network aims to bring a revolution in DeFi. Where static rewards are under implementation to relieve selling pressure in the market. Precisely, the currency is a good game for long-term investors, which incentivizes token holders as a bonus! A price cushion is generated by the automated Liquidity pool, making the investment safe for its token holders.
Remarkably, the network uses a manual burn-in technology over traditional burning methodologies. Making sure that price volatility is under deduction when the supply rises. Despite the novel conventionalizes, Safemoon experiences criticisms within the crypto market marking the currency as ‘Does nothing’ or ‘Farthest from safe’ taglines.
Soon after its launch, the altcoin got added to the meme coin list following Dogecoin and Shiba Inu. However, the bottom line hit hard when SafeMoon’s price escalated in April. As renowned celebrities like Lil Ytachy, a popular rap artist, Nick Carter (Backstreet boys) and many more.
Soon the network began collaborating with popular crypto platforms and institutions, expanding its empowerment. In March, a Safemoon X Bibipom partnership struck on board. Later in May, the network collaborated with Simplex. On the 13th of December 2021, the makers opened the doors to upgrade Safemoon from V1 to V2. Whilst merging the tokens in a ratio of 1000:1.
Our Price Prediction
If the protocol makes announcements of major developments or collaborations, the digital asset could catapult to higher levels. As per Coinpedia’s formulated price prediction of SFM. The price could soar to a maximum of $0.0012 by the end of 2022. On the flip side, the crypto asset might plunge to $0.0009.
Historical Market Sentiments
The altcoin entered the market on March 9 and remained static until the 13th when it switched to $0.00000002. In not more than a week, the bulls on the card took the currency’s price to $0.0000004. On April 25th, the price reached an ATH of $0.000007, following embracement from external factors. However, unable to maintain the momentum, it entered May with $0.00000544.
When the market crashed, Safemoon lost a significant segment and wiped from $0.00000871 to $0.00000567. With increasing uncertainties, the altcoin reversed to $0.00000438 as it commenced June’s trade. Thereafter, the token failed to regain its strength and has undergone a gradual decrease till late September. In those four months, the altcoin has fallen by more than 400% from $0.000004025 in late June to $0.000001149 on September 29th.
The start of the quarter has been massive for Safemoon, as SHIB initiated the spark in the meme season. The price of the altcoin has experienced a steady rise in the ongoing quarter. Notably, it has surged from $0.000001729 to $0.000006523 in the first month of the quarter. Following the redenomination, the digital asset was trading at $0.00172. Post oscillations the year was closed at $0.00173.
To read our price prediction of Ravencoin (RVN) click here!
A: SafeMoon is a community-driven, DeFi token that aims to excel in the crypto space by developing an NFT exchange.
A: SafeMoon can be considered for a long term investment as the price could rally in the long term.
A: The price of SFM is expected to surge as high as $0.00128 by the end of 2022.
A: The altcoin’s price could propel as high as $0.00992 by the end of 2025.
A: According to the makers the circulating supply is 564.51 B SFM.
Disclaimer: This piece of article is only for informational purposes, And not trading or financial advice.