Does SafeMoon have a future??

[lienfaye]

Since it's creation in March 2021 by John Karony, the SafeMoon has been trending for the wrong reasons; since the launch of a class action lawsuit accusing it of operating a pump and dump scheme. They were further charged with misleading naive investors with shoddy promotions, disguising their control over SafeMoon and having a significant percent of the SafeMoon tokens.
 SFM has dropped by 6% at $0.0011 in price as at yesterday, 10th March and has lost 40% of its value since it's creation in March 2021. Does this bode well for SafeMoon investors or it still has a fighting chance? 🤷🤷

Well, safemoon is one of the meme coin who had a huge growth early last year. So if you're one of the early investors who hold this coin and managed to sell during the peaked price then good for you, otherwise its too late. This coin is based on hype having many investors holding it. However this time I dont think its a good choice to keep holding this coin, if its me I will probably sell while it has value still and invest in established coins.

[ANSEL_2.0]

As time goes on holders of safemoon will lose faith in this project and slowly start selling, if you have interest and you haven't bought at earlier stage don't bother buying right now, wait for huge dump and buy some.

[killerfrost]

I have always had little sympathy for memecoins. This coin, along with shiba, are the memecoin projects that have increased a lot in 2021 that I know. Although I also follow them, after making a profit, I no longer have much faith in making profits with it. Maybe some people still see the opportunity or are stuck with it, but given the current developments, I feel too risky. As the market depends on BTC volatility, I will probably wait a bit longer to judge future prices.