Thoughts on SafeMoon?

[totaleclipseofthebank]

Looks like vaporware to me, still pretty hard to get hands on it. Why's it blowing it up? I've also seen some very similar posts from scummy youtubers on Twitter, think they're paying them to post about it? idk, reminds a lot of those ICO promises. You guys buying it?

Paying influencers to talk about fake and useless projects had become the next trend for these scammers, they can pay some hungry influencers to be talking about their projects and making it trend and the next thing it is blowing and you will feel it’s the best project around, and before you know what’s happening everything has gone totally down.

So, my advice will be that if you go through a project like this and deep in your mind you know that you don’t like it m, it’s better to stay clear from it. If you force yourself to accept what you don’t need then you’re going to be left regretting why you took that decision later.

That is why I never listen to any influencer because I know that those people only understand the surface of cryptocurrency and most of all, they are desperate for money to they take the money without learning about the project. Damn, what a painful memory for people investing in scam project

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[btcltcdigger]

Looks like vaporware to me, still pretty hard to get hands on it. Why's it blowing it up? I've also seen some very similar posts from scummy youtubers on Twitter, think they're paying them to post about it? idk, reminds a lot of those ICO promises. You guys buying it?

As we saw with the last price action, it's a ponzi rugpull.
Same as safemars and safegalaxy. Just copy pasted shit sold to people making them believe they will get rich

[tabas]

As we saw with the last price action, it's a ponzi rugpull.
Same as safemars and safegalaxy. Just copy pasted shit sold to people making them believe they will get rich

That is true, there are other cryptos that have also a starting name of safe. But in all means, they're not safe if you're a newbie and you've just seen it due to the hype that has been made with those coins.
It's better to be careful than to see the potential profit that you can take on it. Investors are likely to lose a lot from it if they don't listen to these warnings.

[Scorpion]

It's been listed on the MXC, ZBG, and now Gate.io

People used to call Bitcoin a scam too all the time.

[wsxqaz123]

As long as the virtual currency that can reach a consensus is a good altcoin.It will bring us considerable benefits for a period of time.
I will choose to buy some safeMoon coins as investment objects.

[Skinny48]

It's been listed on the MXC, ZBG, and now Gate.io

People used to call Bitcoin a scam too all the time.

Exactly, what type of shitcoin or ponzi scheme lists on top exchanges like gate.io? If they are scammers they won't be spending lots of money to list of these good exchanges, it's same way many judge HEX, profits can be make from any crypto project, don't forget that.

[onecall123]

It's been listed on the MXC, ZBG, and now Gate.io

People used to call Bitcoin a scam too all the time.

Those people might be feeling like shit now but jokes and memes are so strong nowadays and it's much relevant now however I'm getting terrible feeling at some point. I’ve got same SafeMoon tokens on my trust wallet and they are all intact.

[Gorosden]

Make money and exit the project, it has nothing good to offer than been a meme coin like dogecoin but it looks like a good way to make some money since the team are damn serious, all that matters is taking profit, if bear market starts safemoon won't have a room to cope, it will dump marginally

[retreat]

The phenomenon that occurs in Safemoon is completely out of the mind. many are trying to create Fomo against this token on twitter, a few days ago I saw a big bullish.

I will not buy this safemoon token, it is really dangerous and when the price gets higher, of course there will be many who sell their safemoon.

[fosco333]

The risk of investing in Safemoon is high, it could be a hit and run. I don't know whether Safemoon is listed on the cex exchange? if you dare to invest there you must be prepared with the risks that will be faced.

Safemoon has been listed on several exchanges I have seen, and two of them are very good for Safemoon tokens, (MXC.com and Gate.io), although the risks are great, it wouldn't be wrong if someone was able to take advantage of a good moment in the short term at the token.

Listing on popular exchange will make the price pump yes, but the listing fee is not small.
It require huge amount of money for listing there, i think some of the fee will be used for pumping the price and create liquidity there, that's why the listing fee is expensive.

[Benefactor]

I view that spam much as excessively meddlesome and thusly I chose to stay away from any association. We have seen that the local area is significant yet not the bots. They don't have a declaration string on the gathering? I currently comprehend why this coin is mooning, this is a direct result of those YouTubers that have been promoting the coin.

[Jackl87]

I personally would not touch safemoon especially now that the hype of those meme-coins seems to be over now or at least coming to an end soon. In the last two weeks there were like 5 such meme-projects in the top 10 hot pair of dextools and everyone of those had huge trading volumes. Some people that got in very early in one of those projects made a huge amount of money and of course all those influencers on youtube and twitter that got those coins as payments for their shilling, but i feel very sorry for the "normal" guys that bought into those projects in the last days because i am pretty sure that most of these meme-coins will be dead in a few weeks.

[H1N1]

Looks like vaporware to me, still pretty hard to get hands on it. Why's it blowing it up? I've also seen some very similar posts from scummy youtubers on Twitter, think they're paying them to post about it? idk, reminds a lot of those ICO promises. You guys buying it?

Safemoon is meme token, the value come from joke, what do you expect ? But people doesn't care about that, as long as they can get the profit, then it is ok. The token was blowed up because their marketing and promotion strategy is good, more peole joined to buy and made the token price going higher.

[mmhaimhai]

A friend of mine encourage me to buy some but I didn't listen coz I don't understand the project really then when it becomes viral my friend tease me for not listening to her and advice to buy as it will be more valuable in the future but I don't buy. I didn't buy it in dip why will I now that it is high I can't risk money for such a non sense project that might crash tomorrow.

[pilosopotasyo]

Looks like vaporware to me, still pretty hard to get hands on it. Why's it blowing it up? I've also seen some very similar posts from scummy youtubers on Twitter, think they're paying them to post about it? idk, reminds a lot of those ICO promises. You guys buying it?

It's one of the Yield farming I've seen promoted on social medias it has a very huge supply 1 quadrillion is just to much even if they are going burn their tokens on every transaction, based on this article it is considered the Crypto's newest Ponzi

Whatever the reason, it matters little. When the price gets too high to sustain any longer, holders will jump ship which will prompt the price to plummet, hurting those who don’t get out in time.

https://levelup.gitconnected.com/how-safe-is-safemoon-the-defi-token-described-as-cryptos-newest-ponzi-b49ddc1c9a4f

[Masyudhi]

Looks like vaporware to me, still pretty hard to get hands on it. Why's it blowing it up? I've also seen some very similar posts from scummy youtubers on Twitter, think they're paying them to post about it? idk, reminds a lot of those ICO promises. You guys buying it?

It's one of the Yield farming I've seen promoted on social medias it has a very huge supply 1 quadrillion is just to much even if they are going burn their tokens on every transaction, based on this article it is considered the Crypto's newest Ponzi

Whatever the reason, it matters little. When the price gets too high to sustain any longer, holders will jump ship which will prompt the price to plummet, hurting those who don’t get out in time.

https://levelup.gitconnected.com/how-safe-is-safemoon-the-defi-token-described-as-cryptos-newest-ponzi-b49ddc1c9a4f

somehow many also talk about this project. many are promoting their tokens because of the burning of tokens for each transaction as you say.
many new traders and investors see the combustion system which might be compared to what happened to BNB which was already considered successful in making pumps for BNB.
but this project could disappear at any time. don't ever play shitcoin at this point.

[ahoenk]

It is just another scamcoin, dev hold more then 50% of safe moon token. With those trillion in total circullation this coin will never reach $0.0001. Dont feed the ponzi. They are moving from ethereum to bsc because making token on BSC is relatively cheap.

[Scorpion]

It is just another scamcoin, dev hold more then 50% of safe moon token. With those trillion in total circullation this coin will never reach $0.0001. Dont feed the ponzi. They are moving from ethereum to bsc because making token on BSC is relatively cheap.

Not even true. Look at Safemoon on BSCScan

https://bscscan.com/token/0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3#balances

You can criticize Safemoon all you want but do spread lies or misinformation to try create FUD

[coin-investor]

It is just another scamcoin, dev hold more then 50% of safe moon token. With those trillion in total circullation this coin will never reach $0.0001. Dont feed the ponzi. They are moving from ethereum to bsc because making token on BSC is relatively cheap.

Not even true. Look at Safemoon on BSCScan

https://bscscan.com/token/0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3#balances

You can criticize Safemoon all you want but do spread lies or misinformation to try create FUD

Its performance in the market will tell us the real picture, it's quick to rise and also quick to drop, the general opinion of investors is it's a new form of Ponzi scheme in smart contract, so only invest what you can afford to lose here and be quick to get out at the right time, or you will have no chance to get out if you are late.

[royalfestus]

I been seeing all over fb group and the internet. I bought in at bitmart but u cant withdraw without uploading selfies. I had money in the account a few years ago.. that never did verify..I got in $300. Hoping it can go to the moon from here. Maybe 3 yrs. I'll try not to sell even if 80% lost..

The coin really cause an uproar on social media for the past 2 weeks. Am surprised by the social media presence with over 400k followers within 2 months of launch, that cant be organic. Gate.io involvement in many projects now is getting scary, I dont expect such participation and listing of the size of projects in recent months brings caution. Safemoon has many scam allegations as well but allegations everyone need to DYR. Any coin can pump in the bull market but be carefull not be the whales they will dump the whole market on.