Safuu continues to decline, what causes it?

[CryptoATM]

Same fall is affecting other High APY return projects like Safutitano which was trading at 0.67$ weeks ago and now its at 0.14$ that's a massive dump lol, only launchpad projects are doing fine right now, the way the market is struggling right now I think more dumps are coming.

[5W-KILO]

When BTC falls every other altcoins will surely revaluate too, this is just normal and also ghaoe Safuu and other high percent projects are not safe, I don't know about you guys but I am not just into such projects because the risk is way too high.

[GigaBit]

Hello guys,
We are all know that, Safuu is the most popular & successful project at the recent time. But suddenly Safuu continues to down. What is the reason?

Recently released the Safuu token Price Prediction:
https://techbullion.com/safuu-coin-price-prediction-2022-it-looks-like-it-is-preparing-for-a-breakout/

What is your comment, recently released the price prediction of Safuu?

I don't think there's any reason to worry. This is definitely a good project. You have to pay attention to the price of almost all the coins which are all in red signal. In the current market cap almost every coin including bitcoin go down. So don't be upset just wait for the correction.

[makishart]

It's caused by people distrust this project. Remember that the projects with non sense APY like that is a very risky project. people who have been investing in this kind of projects are betting their money. The bearish trend was also contributing to the dump that already happened but im sure that this caused by very big apy that makes people prefer to dump their farmed tokens rather than hold it.

This is bad for long term. People will only care to dump their tokens rather than buy. you can expect the price will be dumped so hard.

[Ezravdb]

Same fall is affecting other High APY return projects like Safutitano which was trading at 0.67$ weeks ago and now its at 0.14$ that's a massive dump lol, only launchpad projects are doing fine right now, the way the market is struggling right now I think more dumps are coming.

That's true and I hope you don't get caught up in the trash tokens that come into the market a lot because trash tokens are sometimes very similar to other tokens that have gone viral in the past. This is what everyone is always researching in the period of a market downturn that is not yet known how long it will last.

[StarKay]

From my research and also from the link the OP posted, I don't see any thing abnormal about SAFUU price behaviour that called for any serious concern, the general market condition is bearish although there is no sharp dip but there is a gradual dip that has erased almost every gains made by most coins.

I think SAFUU price will recover once the general market condition stops being bearish.

[marcous]

When BTC falls every other altcoins will surely revaluate too, this is just normal and also ghaoe Safuu and other high percent projects are not safe, I don't know about you guys but I am not just into such projects because the risk is way too high.

The influence of Bitcoin for all the altcoins in the market is still very large so it is normal and natural for altcoins to be low in a period of Bitcoin decline like now and they will also start to increase again when the bull market and Bitcoin start happening again in the market.

[lobo13hf]

I saw so many big APY projects have death so many times. SAFUU is also one of these projects that already offered thousands percents of APY to the its holders and stakers. If i have owned safu and staked it to get very big- APY and i will always try to dump it to the market once i receive my reward. The inflation problem will always become the main reason why the price is going down. This is a common situation as per the disadvantage from the project with very big APY.
Im sure that people know this so well. The price of project with big inflation like this will always go down.

[BobK71]

Safuu is Auto-Staking & Auto-Compounding Protocol which is provide the highest fixed APY, paid every 15 minutes. It is definitely a reliable project. I know that it's all time price was $227 and the current price is $135. In my observation it is not so different form the last ATH because we know  that the market condition is negative. So i didn't get any special cause to down it's price.

[Victorik]

Hello guys,
We are all know that, Safuu is the most popular & successful project at the recent time. But suddenly Safuu continues to down. What is the reason?

Recently released the Safuu token Price Prediction:
https://techbullion.com/safuu-coin-price-prediction-2022-it-looks-like-it-is-preparing-for-a-breakout/

What is your comment, recently released the price prediction of Safuu?

Point of correction, Safuu is not the most popular and successful project in recent times. And incase you are not aware, Safuu is a shitcoin with no real utilities apart from getting rebases for holding the token.
The price is going down because investors are cashing out their profits and if no new investors come in, it will continue to go down.

[Xal0lex]

Hello guys,
We are all know that, Safuu is the most popular & successful project at the recent time. But suddenly Safuu continues to down. What is the reason?

What is your comment, recently released the price prediction of Safuu?

What? The most popular and successful project of all time? Well, that depends on what you compare it to. And actually it's not, at what point is Safuu the most successful?

I see the project only recently started trading on the market, at the end of March. I think this project may very well get squeezed now, as the altcoin market is collapsing, and new projects, after a little growth, often tend to renew their historical bottom.

I saw in the article that this project has a huge APY: 383,025.80%. Really? Where would such a huge interest payout come from in the first place? At the expense of what? Too untrue numbers that are usually inherent in all sorts of shitcoins.

[lionheart78]

Hello guys,
We are all know that, Safuu is the most popular & successful project at the recent time.

Where did you get this?  I don't know Safuu until I read this thread

But suddenly Safuu continues to down. What is the reason?

1.  It is not because Bitcoin is down.
2.  Hype died down
3.  The reward system is more likely a Ponzi Scheme.  Probably there are fewer people getting in the reason why price declines.  Staking = more tokens produced which means more supply.

What is your comment, recently released the price prediction of Safuu?

This kind of system is destined to fail if they don't maintain the number of people coming in.  You can see more price crashes in the near future if the developer does not manipulate the market or put money to pump the price.  Besides, i won't buy this token personally, because once I buy this token I already lost 14% of my holdings, and when I decided to sell it I will lose another 16% of it.  This isn't good for an investor.

[Doell]

Hello guys,
We are all know that, Safuu is the most popular & successful project at the recent time. But suddenly Safuu continues to down. What is the reason?

Recently released the Safuu token Price Prediction:
https://techbullion.com/safuu-coin-price-prediction-2022-it-looks-like-it-is-preparing-for-a-breakout/

What is your comment, recently released the price prediction of Safuu?

First, I read about bitcoin predictions which will peak at 82K in 2022 I'd be glad if it came true, I read the article you attached, there it explains.

SAFUU Price Prediction for May 2022
SAFUU started in May 2022 at $158.645 and is predicted to finish the month at $162.35. During May, the maximum forecasted SAFUU price is $198.306 and the minimum price is $134.848.

Honestly I'm confused by the price written at there, the value is very different from reality, it confuses the reader. But I don't know what the exact reason is that Safuu continues to experience a down trend, maybe it's a correction.

[Psynthax]

Don't you even aware if mostly of the new projects that offered millions of ATH were so scammy? No doubt that safuu were also offering the same APY like that. You can imagine this by yourself. When you are owning big chunk of tokens and you stake it with the millions percents of APY and in a week you will be getting massive reward for your money.
Im sure that you will be exchange this reward into the stable tokens or something else. This what have done by those who have participated in the staking.
It's only ruining the project until it will die

[Fatunad]

Don't you even aware if mostly of the new projects that offered millions of ATH were so scammy? No doubt that safuu were also offering the same APY like that. You can imagine this by yourself. When you are owning big chunk of tokens and you stake it with the millions percents of APY and in a week you will be getting massive reward for your money.
Im sure that you will be exchange this reward into the stable tokens or something else. This what have done by those who have participated in the staking.
It's only ruining the project until it will die

It would be a cycle and it would be always like that and its just common sense that you would evaluate these kind of projects to be shitty ones or something that cant really be trusted
up on long term aspects and its true that no good or bad altcoin whenever bitcoin or market trend is negative or in bearish mode on where most or all of coins in the market would
be in decline on which it isnt surprising that prices are really that correlate from time to time but speaking with long term aspect then it would
always be varying on community support.

[Jaered]

I am a bit befuddled by the decline and dump. It was doing good some days ago, now this. I plan on withdrawing once I made a x200% killings but its looking unlike now

[WalkerIVIV]

When people are loosing their confidence over this project and the price will be started to dump as people are moving their assets into the new tokens that available in the market. The price is quite stable for now but this is caused by the small supply that available in the market. This is making the price can sustain from the dump. i thought that if you didn't aware if the price was not dumping a lot.

[Innerpumper]

Safuu coins have great potential if everyone understands that this is precisely the golden opportunity to take advantage of its advantages at such a low price. What I noticed is that there is no bad news with these coins, they are just stagnant, there has been no development that has brought them to the fore, but maybe the core team is waiting for a fixed moment to announce the good news, currently the market is showing more negative conditions, Safuu should be able to even lower.

[awik p]

When people are loosing their confidence over this project and the price will be started to dump as people are moving their assets into the new tokens that available in the market. The price is quite stable for now but this is caused by the small supply that available in the market. This is making the price can sustain from the dump. i thought that if you didn't aware if the price was not dumping a lot.

On the other hand, seeing the decreasing price of bitcoin, it is not surprising that other altcoins will follow suit, especially since Safuu is a new project that still needs more communities to develop its projects. lucky with a small supply keep it more stable than the others. we can see in the next bullish season whether there will be any plans to make changes or not. I think the news about safu will have an impact, because new projects are generally only fundamental analysis that can be used as a benchmark

[Lubang Bawah]

I invest and follow Safuu for almost 4 months and the price continues to decline, in various chat chat many teams are optimistic that if Safuu will skyrocket again, as an investor, of course I must be realistic and will give enough time to see the development of Safuu for at least 4 months.