Its just a token from a brand new wallet, but the interesting part its they can listed on Binance so fast...
Im not sure they have any fundamental good instead of a soft-wallet and hard-wallet technology.
With the real product developed by Safepal, at least this can be a benchmark for other projects that do issue the same product, namely hardware wallets and we can check the prices of their products which even have quite cheap prices but the quality is comparable to other companies' products which are quite expensive the price, of course, with the development of a product like this will further strengthen the company so that it will greatly affect the increase in SFP prices in the market later.
Safepal have real product hard ware wallet but is not guarantee how to make coins could be pump, after success launch and listing on Binance for the first time is good price up and down, but now SFP look less dominance by investor with stable price. Maybe have any investor move to other coin because safepal keep the same price almost three days and not enough good for trader to get profit every time.