Safemoon was launched in March 2021 as a community-driven cryptocurrency on the Binance Smart Chain. It quickly gained attention for its unique tokenomics model that rewards the token holders that hold the tokens for the long term. Safemoon was founded by John Karony. This project aimed to solve common cryptocurrency issues by implementing a design that discourages selling and incentivizes holding.
Safemoon introduced a very unique cryptocurrency approach by charging a 10% fee on transactions, with a portion redistribution to existing holders and another portion added to the liquidity pool. This whole system created a strong incentive for investors to hold their safemoon tokens as they had an opportunity to earn passive income through the redistribution of transaction fees.
Safemoon gained a lot of attention in early 2021, with its price skyrocketing by an impressive 20,000% after getting ads from different social media personalities and celebrities. Despite the subsequent price volatility, Safemoon has maintained a dedicated community.
What Is Safemoon V2?
In December 2021, Safemoon underwent an upgrade with the launch of Safemoon v2, representing a consolidated and improved original token. This upgrade implemented a 1000:1 consolidation ratio. It means that for every 1000 V1 tokens, token holders for 1 V2 token. This maintained the same relative value while reducing the total supply.
Safemoon v2 introduced enhanced security features, improved contract efficiency, and reduced transaction fees to very low as compared to the project before. This upgrade was made to provide a strong foundation for the Safemoon ecosystem’s future development including planned features like dedicated exchange and hardware wallet as well.
Switching your holdings to v2 is very easy. For safemoon wallet holders, you just need to update your wallet to the latest version of the app and follow the instructions. And users who have cryptocurrency wallets need to visit their website to know how to switch the tokens.
Tokenomics Of Safemoon V2
- Market cap: $16.22
- Volume: $5,405.01
- Total supply: 1 T
- Max supply: 1 T
- Fully diluted market cap: $29.24M
Price Prediction Of Safemoon V2 From 2024-2030
Here are the price predictions for Safemoon v2 from 2024 to 2030. However, these prices are just assumptions based on the cryptocurrency market and price fluctuations. The cryptocurrency market is highly volatile so do not make investments based on these prices, they can change anytime.
Price Prediction Of Safemoon V2 In 2024
Safemoon v2 is currently at a price of $0.000045 and it is predicted that is might reach higher if it uses community-driven initiatives and real-world applications too. The price of Safemoon v2 might reach up to $0.000117 in 2024. But in 2024, if the market sees a massive liquidation resulting from uncertainty and FUD then the token might come down to $0.000056 and the token average would be $0.00058.
Year | Low price | Average price | High price |
2024 | 0.000056 | 0.000058 | 0.000117 |
Price Prediction Of Safemoon V2 In 2025
The cryptocurrency market is expected to grow at a very high rate in the year 2025. This could impact the prices of Safemooon V2 and the prices can rise up to $0.000165. On the other hand, emerging cryptocurrencies and competition can also bring the price down to $0.000098 and the average price could be $0.000132.
Year | Low price | Average price | High price |
2025 | 0.000098 | 0.000132 | 0.000165 |
Price Prediction Of Safemoon V2 In 2026 – 2030
- As per the prices, in 2026 the prices of safemoon v2 could range between $0.000120 and $0.000199 with an average price of $0.000160.
- In 2027, the prices for safemoon v2 could touch $0.000165 and $0.000231 with an average price of $0.000198.
- In 2028, the prices for safemoon v2 can range between $0.000201 and $0.000289 with an average price of $0.000245.
- As per the price predictions, the price of safemoon V2 in 2029 could be between a high $0.000259 and $0.000301 with an average price of $0.000280.
- And in 2030, the prices of Safemoon v2 could be $0.000298 and $0.000332 with an average of $0.000315.
Year | Low price | Average price | High price |
2026 | 0.000120 | 0.000160 | 0.000198 |
2027 | 0.000165 | 0.000198 | 0.000199 |
2028 | 0.000201 | 0.000245 | 0.000231 |
2029 | 0.000259 | 0.000280 | 0.000301 |
2030 | 0.000298 | 0.000315 | 0.000332 |
How To Buy Safemoon V2?
If you are interested in buying Safemoon v2 tokens then follow the steps given below:
Step 1: Search and find a crypto exchange platform that lists Safemoon v2 tokens. Make sure you are going through their gas fees and user interface.
Step 2: Sign up and create an account on the exchange platform by providing your details and finishing security verification.
Step 3: Add funds to your exchange account through credit card, debit card, bank transfer or any cryptocurrency.
Step 4: Once funds are added, navigate the buy or sell section on the exchange platform and buy your tokens.
Step 5: Once you have got your tokens transfer them to a safer wallet.
Where To Buy Safemoon V2?
Here are some major cryptocurrency platforms from where you can buy Safemoon v2:
- MEXC
- Bitbns
- MXC
Is It Beneficial To Invest In Safemoon V2?
As per the price predictions given above it can be predicted that the prices of safemoon v2 will increase and not hit much lower. Investing in this cryptocurrency can be a good investment decision in the long term. However, it is important to make sure that you are doing your research before investing in the tokens. Your portfolio and risk management are different so make decisions accordingly. The cryptocurrency market is highly volatile so invest what you can afford.