Bitcoin Forum

Safepal that is considered like a shitcoin has an enormous rise in price today. It just doesn't stop, rises and rises.
As it seems, the reason behind these rise is in touch with China and Binance. A lot of chinese were worried that they wouldn't be able to use Binance but thanks to Safepal, they found a loophole and are now able to trade just like normal.
Even at the moment of writing, it's price in unstoppable. I guess the loophole will be fixed soon and they (chinese) won't be able to trade, so, why do they still buy this coin? Why is it still rising? What will happen next?

That kind of pump for me seems not healthy. But yeah, that's normal if this kind of news just popped. Thanks to Binance again.
As we all know, SafePal is connected with Binance so a huge possibility Binance has something to do with this pump too. The products of Safepal are hardware wallets, I am afraid their product (hardware wallet) will get affected especially the production after all with this, we all know what China can do especially in cryptocurrency related.

Funny how a binance IEO project seems like a shitcoim to you. Im prettt sure safepal is way more than a shib and dogecoin way better. The rise could be abnormal and possibly a pump and dump and whale manipulations but its marketcap is good to be a shitcoin dont you think? Plus its listed on Binance.

Ive tried using safepal, and having a crosschain function plus series of promotional airdrop canr be considered as shitcoin.

Thanks for the post. I wouldn't have know what's happening with it's price ;D

Like you said, the price increase is probably related to what's going with the mandatory KYC on Binance. Safepal has integrated a Dapp which allows you to trade using the same order book as Binance. You don't need KYC there and it's pretty convenient. There's not many use cases for SFP though.

Of course. I'm watching him because I bought him a few days ago to participate in airdrop. And here he also gave such growth. It is incredibly! Even without airdrop it turned out well!

I'm Surprise safepal increase which I don't really the real case why. But thanks to this thread now I have an idea why it is pumping. I only hope the pump will not be follow by dump. To be honest I have 15 safepal, I tried to forget it as much as I can. Now I learn that it is pumping. I am now relieve from the last few months were sfp dumped to 0.9$.

safepal was extraordinary the last week rose up to +186% and formed new ATH. surely this is a great improvement
because it is related to binance. In addition to an increase because Chinese citizens bought Safepal (SFP) this coin was also briefly mentioned by the founder of Binance through his tweet about Safepal.
despite these improvements, safepal is a coin that has good fundamentals. they have a safepal mobile application and also their flagship product an offline-based safepal wallet
and very safe if we save money in the wallet. their product safepal wallet is selling very well, if we want to buy we have to do a PO first for 3 months. currently if we see the hype is over and sfp is in decline, but i never doubted sfp and in the future it will be very possible
form a new ATH.

Yes, of course. :D