Thoughts on SafeMoon?

[Traderbtcc]

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?

I don't really know much about it, but of recent it's been one of the most popular cryptocurrency, I guess it was actually an airdrop token that why the pump is being celebrated by so many people who were about to get the airdrop, it seems like another meme coin that keeps growing everyday, but I still won't buy it cause it might dump immediately we enter a bearish trend.

what is the link to the safemoon website and social media pls?

Why not just check them on twitter, it's the easiest way to find any project, anyway here's it : https://safemoon.net/

[asriloni]

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

Don't you even know what 0x0000000000000000000000000000000000000001 means?

It's a function or source that was indicating the developers were minting the tokens and it's not about 48% from the total supply and that means if it's almost 50% from the total supply.

That could be true if the developers hodl a lot of supply.

[Shasha80]

If I look at the SafeMoon price movement which managed to reach the ATH price 5 days ago and now it has drastically dropped 55%
this is very scary. New projects like this I doubt if it has gone down it will be difficult to recover, I will not say SafeMoon is a scam project,
because SafeMoon has actually been successfully listed on several popular exchanges. But investing in SafeMoon is for the short term only,
because it is very risky if we invest in SafeMoon for the long term.

[HyunBin]

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?

Ever since that I saw this safemoon in the social media that is getting plenty of hypes from some crypto enthusiasts I know to myself that I will not gonna try invest on it because I have a feeling and suspicion it will run away once it get a good amount of earnings especially in the side of the developer wherein he holds half of the total token circulation and recently I have seen some speculation that it turns out to be a rugpull so I better not try it.

[Adreman23]

Safemoon holders are huge if we look at bscscan  it has 1,339,908 addresses. But I’m wondering because their social media pages don’t reach million followers. However  we cant deny that many people got hype on safemoon and their community is also big. This is a  proof that  there are so many people want to get rich quick and not thingking the risk, but we know that not everyone who put money in here become all rich because in this field let us remember that there are losers and winners. Be wise always

[Dexion]

In my opinion, Safemoon is not special, Safemoon will only be an extra in the bsc market, maybe at the moment it is valuable but in the future I am not sure it has the potential to provide profit, and I will not be interested in buying it.

[chichidori]

A lot of investors got burnt mostly those that thought that it can recrate what doge have done little did they know that petty influencer will just pump it for a gain and ditch it out afterwards.

[WalkerIVIV]

In my opinion, Safemoon is not special, Safemoon will only be an extra in the bsc market, maybe at the moment it is valuable but in the future I am not sure it has the potential to provide profit, and I will not be interested in buying it.

Nothing special on safemoon but this coin is so lucky to be hyped by so many people. So many safemoon buyers are short term players that will be going out when they can earn enough profit from what they have bought. I see that if this coin has no strong fundamental that can backed the value of dogecoin.
That's a very good decision to take UNI

[target]

It's a scam. You can't even sell your coins because if you do sell, you'll be penalized for selling and 90% of your coins will be deducted to you. How is this a good investment for anyone?  

Its massively being promoted by the users on social media because those guys have bought earlier. The power of social media is making safemoon project go up but it's definitely a scam.

[malikg18]

Amount of Addresses holding safemoon reaches up to second number of holding addresses.This is totally hyped coin. No idea behind this and supply is too much large.For transaction it is charging 10% which is also wrong.In short term I think there are less chances that it will grow more.

[Yamifoud]

It's a scam. You can't even sell your coins because if you do sell, you'll be penalized for selling and 90% of your coins will be deducted to you. How is this a good investment for anyone?  

Its massively being promoted by the users on social media because those guys have bought earlier. The power of social media is making safemoon project go up but it's definitely a scam.

Their purpose to hype the price and take the benefits out from when innocent people caught by the trap. These greedy influencers have nothing to do with us but they are ruining the market instead.
I can't really imagine buying a scam coin and lose our money just quickly. People should do the search which is very important and not just to rely on those people who keep talking online who know nothing but to fool people.

[lienfaye]

It's a scam. You can't even sell your coins because if you do sell, you'll be penalized for selling and 90% of your coins will be deducted to you. How is this a good investment for anyone?  

Its massively being promoted by the users on social media because those guys have bought earlier. The power of social media is making safemoon project go up but it's definitely a scam.

Thats true, its like a ponzi scheme wherein those who buy early has a chance to gain huge while those who are late are likely to lose their money.

Safemoon is very popular in social media particularly in facebook. They're shilling this coin to attract new investors to buy so early buyer can sell at high price.

Beware on this token its not a worthy investment so everyone must DYOR especially the newbies.

[iTradeChips]

I just heard of Safemoon this week and when I checked it on social media, I noticed that it created a big hype from many people who are always trying to convince people to buy the coin because it is very cheap. I went to the facebook  page and shows that you can actually pay a few dollars to get millions of coins. Is that true? If this is the case then we have a big bubble ready to burst at any moment and the only ones getting richer would be the people who actually created the coin and those who went there and who will sell the coin during the hype. But it remains to be seen. Some say it is legit and others say don't bother.

[ardentvolcanoes]

It's a scam. You can't even sell your coins because if you do sell, you'll be penalized for selling and 90% of your coins will be deducted to you. How is this a good investment for anyone?  

Its massively being promoted by the users on social media because those guys have bought earlier. The power of social media is making safemoon project go up but it's definitely a scam.

Thats true, its like a ponzi scheme wherein those who buy early has a chance to gain huge while those who are late are likely to lose their money.

Safemoon is very popular in social media particularly in facebook. They're shilling this coin to attract new investors to buy so early buyer can sell at high price.

Beware on this token its not a worthy investment so everyone must DYOR especially the newbies.

That's the thing, if you are willing to ride  you need to act fast, this coin is very risky not advisable for long term holding, the project
is being hypes and we all know that social media is very influential.
Once someone calls that they've been victimized it will just like domino effect, early takers have good chance to earn if greed won't
occupies their mindset, while late comers most likely lose and regrets their participations.

[Refrumatrix]

A friend who never knew anything about crypto and doesn't want to learn anything about crypto message me days back to invest on safemoon, I was like WTF? Since when? Now you want to lecture me about crypto? Lol 🤣😆🤣 safemoon looks like pump and dump to me but you can still get away with good ROI if you know what you are doing

[slashz9]

no because I saw there were many types of tokens similar to that and ended up losing, I have tried to buy safe coins that have many types with a total supply of trillions in pancakes and only 1 makes a profit the rest I lose money and the tokens can't be sold, I entry uses only a small amount of 5-10 $ for each project.

[raidarksword]

Well, any investments in this industry requires risk all the time and the best to really prove about safemoon is to thoroughly research not just listen to hype on twitter. People who bought this also shilling all over social media to get more people to buy it because of hype and fomo. I think safemoon is only for short term and always exercise taking profit all the time because anytime it could go down side with these type of coin.

[nurilham]

You guys buying it?

Yesterday, I bought some on Bitmart. As a new token, I think SafeMoon has been growing quite well. Unfortunately, the trading fees of this token expensive, I've sold all my Safemoon today and no plan to buy again. If you guys plan for the long term, it is good to buy. But if you are a daily trader like me, the trading fees of this token too expensive, more than 10%.

[JooBra]

Investing in SafeMoon is like a gamble. Now everyone is speaking about it but only pumps the price so the coin will depend of hype around it. I rather invest in project that will bring something good to the world.

[lobo13hf]

Investing in SafeMoon is like a gamble. Now everyone is speaking about it but only pumps the price so the coin will depend of hype around it. I rather invest in project that will bring something good to the world.

It's the same as gambling. You are entering when the price already pumped so high and there will be a chance for the price to go even higher than your buy rate but remember that this is a garbage coin without a strong fundamental. The developers will able to dumping all of their coins to the market instantly.
People are blindly buying safemoon caused by FOMO and they didn't even care about what kind of product that will developed by this one.
This is another copycat platform.