why safemoon fail or scam project

[khiholangkang]

Chart seems very horrible. even past days all the alts performed very well. but safemoon not done.

please explain safemoon is shit coin?

True this is shitcoin, the average token containing the name "safe" or "moon" ends in rugpull / scam, you need to be careful

[shinratensei_]

I will not support the fact Safemoon is a shit coin because its still a new coin in the market.

The new coin doesn't mean if that's a shitcoin. The problem is this coin was already created as a pump and dump with non sense supply. Safemoon didn't have an actual product that can be used by its holders to generate the benefits from the platform. The utility has become the reason why it's a shitcoin.

[Ziskinberg]

Chart seems very horrible. even past days all the alts performed very well. but safemoon not done.

please explain safemoon is shit coin?

https://www.fool.com/the-ascent/cryptocurrency/articles/8-things-to-know-before-you-buy-safemoon/

This is somewhat you need to know about safe moon and the reason why many investors leave this project and even ignore it. And one of those things is that...

5. It doesn't have a real-world purpose or competitive advantage

that of course people aren't too stupid nor they are blind to risk their money. I'd rather have to look for a project that is reliable and worthy of our trust.
I read someone making a thread pointing out not to invest in projects that have "moon" like safemoon. I foresee this project won't able to stay longer but it will be going to die like the other shitcoins.

[irsada]

looks like this coin has run out, this just a shitcoin that some time ago was very popular due to such a big pump. there is no point in investing in this altcoin, it's better to just look for a new alternative coin because the safemoon hype is over for me personally.

[Valak]

Chart seems very horrible. even past days all the alts performed very well. but safemoon not done.

please explain safemoon is shit coin?

I have bought in bulk. I just think that this token will have value going forward. If the developer is going to just leave this token alone, I'm definitely missing out on a bit of BNB. However, there are two tokens with the same name, namely Safemoon and SafemoonCash. And both don't get a good price.

[maartenhaha]

No it wasn't. Safemoon is potential project inside the world of shitcoins from meme token into everyone's token. Now partner with Gambia and developing an impressive wallet exchange. Maybe the price now is just an opportunity to buy more. Once they will successfully launch the wallet and more tokens to burn. I think the price will increase.

This shitcoin price movement is very extreme because the market can fall suddenly without the influence of centralized market trading, just like the previous safebtc there is potential for an increase after the price falls but that is no guarantee for shitcoin analysis.

[terrorJR]

from the very beginning this coin was indeed very absurd and it was not clear what it was used for, but this rose due to a tweet from rapper Lil Yachty that made a turning point so that people began to flock to buy without knowing the clarity about this coin and their only thoughts were every one that is pumped by influencers will definitely rise rapidly and that at first did prove safemoon rose drastically until it jumped 23.225 percent from $0.000000004 on March 14, 2021 new ath at $0.00000933 on April 21 and it was done in just a few months just.
but now this coin is just trash and people's bullshit because this is like an unprofitable gamble and this is proof that not all tweets of influencers can be trusted and end in profit.
start to make your own calculations and research don't just rely on an obscure coin pump like this safemoon

[Review Master]

Chart seems very horrible. even past days all the alts performed very well. but safemoon not done.

please explain safemoon is shit coin?

No need to explain it as it's a shitcoin and nothing else without hypes/trends. First of all, it's pumped because of the fomo among those newbies who don't believe in bitcoin and support safemoon blindly when market was having bullish sentiment. But many of those fomo users realize about it and left that shitcoin when correction market was started. Not only this, safemoon or projects with the same mechanism without any real usecase, are purely shitcoin and those will eventually vanish from market as bear market is on the way. 

[7788bitcoin]

I am not shitting on the project yet because i am not following their development and not sure about their road map, it had a lot of hype in the beginning and i was not ready to invest in them because i usually do not trust these hypes after watching how the ICO hype died and i knew all these hype will die down and if you are not booking the profit in time you end up loosing your investment and in the end you will be forced to sell at a loss.

[adzino]

Chart seems very horrible. even past days all the alts performed very well. but safemoon not done.

please explain safemoon is shit coin?

Yes, its a shitcoin made for pumping and dumping. If you invest over here, highly likely you will lose everything. So do it on your own risk. Coins like this will never recover. You know its a shitcoin when you head over to reddit and see literally bunch of idiots posting and shilling for safemoon everywhere. And also don't fall for the shitty "upcoming updates that will take safemoon to the moon".

[Anonymous100]

Chart seems very horrible. even past days all the alts performed very well. but safemoon not done.

please explain safemoon is shit coin?

This is not a project scam, indeed the prices are very low, and you can trade on several exchanges. Maybe this falls into the shitcoin category. Why is this not a scam coin, because it still has trading volume. High token circulation makes the price worse. However, if we look at market conditions in general, which are currently being corrected, then this becomes natural when Safemoon prices continue to drop.

[livingfree]

Chart seems very horrible. even past days all the alts performed very well. but safemoon not done.

please explain safemoon is shit coin?

It is because they are that type of project.

Once they pump, everyone is no longer going to expect that there will be a round 2 for such pumps. It's basically because everyone had already been done with this coin.

And, have already taken their profits.

[JumboCactuar]

I got in early with it and hold currently 2 billion.
Yes i could have cashed out for decent profit but i'm holding as you just never know where things are going.

[Princejebs]

Chart seems very horrible. even past days all the alts performed very well. but safemoon not done.

please explain safemoon is shit coin?

I just checked your account and its really funny that this question is coming from a forum user that has been registered since 2017. You have technically observed two bull run, I believe by now you should be able to detect fake project and likely scam ones.
Most of this project were all created to mimic or outperform its doge, sadly those who missed out on doge tried to outsmart the market without filling understanding how doge was pumped, now it seems they are all leaving and the chart doesn't look good.

[Renampun]

Chart seems very horrible. even past days all the alts performed very well. but safemoon not done.

please explain safemoon is shit coin?

from the start, what created the safemoon hype were the shillers on telegram and twitter...

safemoon and safemars are just meme coins similar to shiba, akiba etc. In the market, many people choose crypto assets that have good performance and reputation, I hope you don't fall into the safemoon price trap and lose.

[Traderbtcc]

Chart seems very horrible. even past days all the alts performed very well. but safemoon not done.

please explain safemoon is shit coin?

You still need an explanation to prove that it's a shitcoin? Safemoon has always been a pump and dump coin, those who got in before it landed on the moon are safe, for those who bought after it returned to earth safely, there's nor much to be said about that, if you have a money in it I would advice you to get out now while you still can, because looking at the chart safemoon will die sooner than later, Rip to another meme coin.

[Coin-1]

I remember once I saw Safemoon in the TOP-100 on Coingecko. This BEP20 token had a capitalization of about 6.2 billion (!) dollars. I was very shocked by this wild pumping because such self-burning tokens are usually not that expensive.

I just visited the official website. According to the roadmap, in the fourth quarter of 2021, the team plans to complete the development of the exchange and finish their charity project. The team also intends to establish a scholarship, and as they say: "TO THE MOON!".

As I can see, SAFEMOON is mostly traded on the PancakeSwap decentralized exchange and several centralized mid-sized exchanges. The CEO is John Karony. Perhaps he will be able to give an exhausting answer to questions regarding current affairs with this token in the market. I think this token is not an outright scam but it is unlikely to be heavily pumped again in the future.

[pieppiep]

Chart seems very horrible. even past days all the alts performed very well. but safemoon not done.

please explain safemoon is shit coin?

if you look at the current state of the exchange and you see the graph created then this should be a normal thing a lot of coins have collapsed because the exchange is not good, so in my opinion safemoon just looks asleep, I can't say fail or say scam because until now there are still many investors who keep their assets there.

[anandaijun]

It looks like it's definitely shitcoin. There are so many projects like that we should know how they work. Well, when the market is like this, it would be better if we tell our friends not to get involved in such projects.

[indah rezqi]

Chart seems very horrible. even past days all the alts performed very well. but safemoon not done.

please explain safemoon is shit coin?

Right. That's shitcoin guys. They do promise extraordinary benefits for anyone who joins. In the end, those who join will feel disappointed. When the market is recovering, this is an opportunity for us to leave the waste project.