If you're very active on Twitter, you'll notice the sudden buzz from #Safemoon armies. It was, for this reason, I decided to dig deep and see what's it about and I tell you not it's freaking amazing, as usual, I quickly bought some decent bags of their token off an exchange (Bitmart to be precise) at a very cheap rate.
In accordance with Coinmarketcap, safemoon is
A decentralized finance (Defi) token. According to the safemoon website, it has three functions that take place during each trade: Reflection, LP Acquisition, and Burn.
While not much news is created about the exchange launch. Holders of #safemoon are encouraged to purchase and hold the token asthey will get rewarded by doing that. After all, crypto is designed to be decentralized, frictionless, and also valuable.
Follow them on Twitter for more news and updates, or simply use #safemoon tag on Twitter and get all the information you need.
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Disclaimer: Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor. ICO's, IEO's, STO's and any other form of the offering will not guarantee a return on your investment.