SafeMoon Protocol is a combination of Reflection Finance (RFI) tokenomics and an auto-liquidity generating protocol.
As a decentralized finance token on the Binance Smart Chain, SafeMoon's performance has reflected positively in its native asset SAFEMOON.
Following the performance of parent crypto Bitcoin (BTC), Cardano (ADA), Litecoin (LTC), Ethereum (ETH), and the novel token behind its issuing authority, BNB, SAFEMOON has brought awesome returns to its holders.
This has led millions of people to ask whether the cryptocurrency is the next golden goose after Dogecoin (DOGE) and Shiba Inu’s (SHIB) performance in 2021.
The resultant effect of this is the millions of dollars being thrown into the token across several cryptocurrency exchanges globally.
To novice traders with few resources, questions such as is it safe to invest in SafeMoon, is it worth investing in SafeMoon, is SafeMoon a good investment, and is SafeMoon a millionaire-maker coin continue to trend on Google, Yahoo, Safari, and Bing among others.
One of the most important questions that millions of people want to find an answer to is what might happen if you invest $100 in SafeMoon today?
If you invest $100 in SAFEMOON today and the value of the cryptocurrency increases due to a positive crypto market sentiment that sees your investment increase to $2,000, you stand a chance of making a profit of $1,900.
This profit is called capital gains across trading and investing circles since SAFEMOON is a cryptocurrency that is part of tradable financial assets.
In the event the value of the token decreases due to a negative crypto market sentiment that decreases your investment to let’s say $10, you stand a chance of making a loss of $90.
One thing you should know is that in the world of SAFEMOON investing and crypto investing as a whole, you will only see PROFITS or LOSSES at the point of SELLING.
If you want to learn more about SafeMoon, Trading Education has numerous articles on the project. This will help you learn how you can invest in SAFEMOON in the short, medium, and long term.
Contents:
If You Invest $100 In SAFEMOON Today, What Happens?
Can I Invest $100 In SAFEMOON?
What Makes SafeMoon So Valuable?
How To Invest $100 In SAFEMOON
Will Investing $100 In SAFEMOON Make You a Millionaire?
What To Consider When Investing $100 In SAFEMOON?
Should You Invest In SAFEMOON?
If You Invest $100 In SAFEMOON Today, What Happens?
The price of SafeMoon has been soaring since it became a tradable asset on Saturday, 13th March 2021 when it traded for $0.00000002.
Because of the buzz around the whole crypto space which has seen the token record millions of dollars in trading volume, if you were to invest $100 in SafeMoon today, there is a huge chance that you can double your investment.
As of November 2021, SAFEMOON’s value has increased significantly. With just seven (7) months of experience of trading, the token has returned more than 11,000% for fans of the token who believed in the possibilities of the innovation behind the coin.
This has taken the market capitalization of SAFEMOON to more than $2.5 billion. The value of SafeMoon is going to increase further which will translate to higher returns for investors.
This is because, despite the limited listings which have seen the token appear on Gate.io, BitMart, Hotbit, ZB Global, Bitrue, PancakeSwap, DeCoin, KickEx, Biswap, and Bitforex among others, the asset is performing well.
If SAFEMOON gains the support of some of the most popular as well as largest cryptocurrency exchanges by daily volume such as Binance, OKEx, eToro, Huobi Global, Mandala Exchange, Kraken, and Coinbase, the daily volumes of the cryptocurrency will be in the region of at least $1 billion daily.
Aside from this, the valuation of the token continues to benefit from the ambitious roadmap of the SafeMoon project. SafeMoon has plans of increasing its partnerships in the crypto sphere which would help the project gain mileage.
Additionally, there are plans to launch a decentralized exchange (DEX) and as well expand its exchange listings.
This sets SafeMoon apart from projects that run on popular networks but lack the necessary infrastructure to independently support their native assets.
This is one of the reasons why experts at crypto news and prediction portals, CryptoNewsZ, using fundamental and technical analysis believe SAFEMOON has great potential in a saturated cryptocurrency market.
According to the experts, price drivers such as accomplishments of roadmaps, increased adoption and utility of the innovative products on the protocol, favorable technical indicators, and positive crypto market sentiment could see SAFEMOON increase to the best possible price of $0.0000185 by the end of 2022.
CryptoNewsZ further estimates SAFEMOON to trade for a coin at the best possible prices of $0.000015 and $0.0000218 by the year’s end of 2023 and 2025 respectively.
This means that investing $100 in SAFEMOON today could see you with more than 450% returns in the short term, more than 680% returns in the medium term, and more than 850% returns in the long term.
Read more: SafeMoon Price Predictions
With daily reports of institutional investment into digital assets, it may have crossed your mind that can you really invest $100 in SAFEMOON. Let’s find out.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Can I Invest $100 In SAFEMOON?
You can invest as little as $100 in SafeMoon. It has the element of divisibility that certifies it as a successful currency.
This means that SAFEMOON can be divided into eight decimal points. As a result, if the token increases to new price milestones that are above your capital, you can buy fractions up to $100.
In fact, you can buy 19,036,740 SAFEMOON worth a $100 investment.
As an investor, you should know that the main reward of SafeMoon is in holding the token for the long term.
So, if you decide to hold onto the millions of tokens with an eye on the long term and SAFEMOON tests new all-time highs someday, you could be on your way to becoming a crypto millionaire.
But before you invest in SAFEMOON with $100 or any sum of money that you have set aside to risk, you should get to know what SafeMoon is.
Let us take an extensive look at the SafeMoon project that will embolden you to invest $100 or more in SAFEMOON.
What Is SafeMoon?
SafeMoon is one of the most popular decentralized finance crypto projects. Its native asset, SAFEMOON, has become one of the most popular and traded cryptocurrencies globally.
In a market of more than 13,000 coins, it has climbed the ladder in less than a year to become a top 250 digital asset by market capitalization.
Launched in March 2013 by John Karony, SafeMoon comprises 3 entities that ensure its efficiency and survival in the crypto market.
They are the SafeMoon Protocol, its cryptocurrency SAFEMOON, and the SafeMoon Community (which keeps the intensity of the project going across its various social media channels).
After appearing on cryptocurrency exchanges in March 2021, SAFEMOON had an initial value of $0.00000002.
During the opening month of the second (2nd) quarter of 2021 on 20th April, SAFEMOON reached an all-time high price of $0.00001399.
There are two (2) ways of buying SAFEMOON. You can buy SafeMoon through centralized and decentralized exchanges.
On Centralized Exchanges that list SAFEMOON for trading such as Gate.io, per regulations, you are required to submit documents for verification in compliance with anti-money laundering (AML) and knowing your customer (KYC) regulations.
Once you are fully verified you have access to your account. Automatically, a wallet will be created for you to safely and securely hold your SAFEMOON coins. In the process of providing personal security to your account, you will be given a chance to set passwords for your account. Your account can only be accessed through the secret codes.
On Decentralized Exchanges that list SAFEMOON for trading such as PancakeSwap V2 which is a decentralized application (DAPP) on the Binance Smart Chain, you have to create an individual wallet that will safely and securely hold your SAFEMOON coins.
One of these individual wallets is the official wallet of Binance called TrustWallet.
Because it is a decentralized wallet, you go through a limited verification process. After that, you are given a chance to set up a password just like on centralized exchanges.
Follow this with wrap attention. You will then be given private keys (passcodes) generated automatically by TrustWallet or other wallet operators. Like passwords, you need to hold onto these keys. Without them, you cannot access your wallet.
Fortunately, since the account you create on centralized exchanges is custodial, you are given a chance to restore your account in the event you forget your password. Since exchanges secure your coins, you are normally advised to provide emails and phone numbers associated with your registered account. Links and pin codes are normally sent. Following due processes helps you regain access to your centralized exchange account.
Unfortunately, accounts created on wallets are not custodial. Exchanges hold private keys (passcodes) to your SAFEMOON coins although you can access them through your account via your password.
Therefore, you are NOT only responsible for your account but your SAFEMOON tokens as well. As a result, write the names generated for you by wallets such as TrustWallet, Trezor, and Free Wallet in the format or pattern they appeared when signing up for a wallet. Without the pattern or words, you have little chance of accessing your wallet no matter the size of your SAFEMOON holdings.
The creation, distribution, trading, and storage of digital currencies including SAFEMOON employs a decentralized ledger system called blockchain technology. Do not forget that although SafeMoon is a decentralized application, it functions through the possibilities of Binance’s independent blockchain. The facilitation of payments is done through peer-to-peer (P2P) technology.
To maintain and update the protocol to meet the current standards of decentralized finance, SafeMoon relies primarily on upgrades on the Binance Smart Chain. In addition to this, SafeMoon aims to include an NFT Marketplace as well as a Coin Launchpad. This would allow users to create their own cryptocurrencies on the platform.
To illustrate how SAFEMOON works as a financial instrument, you should know that early investors who had faith in the potential of the coin in March 2021 to date have made incredible returns.
More essentially, the total returns you could see potentially depend on the number of SAFEMOONs you have in your wallet.
Let us consider this example.
If you invested $100 in SAFEMOON when it had an insignificant figure of $0.00000002, you could have purchased 5,000,000,000 (5 billion) SAFEMOON coins.
If you held onto the 5 billion coins when SAFEMOON reached its all-time high of $0.00001399 in April, your $100 SAFEMOON holdings would have been worth $69,950 at the time (this is a 69,850% increase on your $100 investment capital).
Check Out: Is It Worth Investing in Safemoon?
What Makes SafeMoon So Valuable?
SAFEMOON, like all cryptocurrencies, holds no intrinsic value.
For an asset to have intrinsic value, it means that aside from its worth for an item it can purchase, it must have a value of its own. This is the primary reason why assets such as gold and silver are categorized as assets with intrinsic value.
Therefore, the value of SAFEMOON is highly speculative (thus, depends on demand and supply).
As a result, the market value of SAFEMOON increases when traders and investors demand more of the cryptocurrencies.
The market value of SAFEMOON decreases when traders and investors sell their holdings because of accomplishing their investment goals or opting for better performing cryptocurrencies.
SAFEMOON is a cryptocurrency and due to the competition it presents to fiat currencies, no government or central bank supports its usage as a transactional currency.
Therefore, SAFEMOON does not qualify as a legal tender.
As of November 2021, there are no physical representations of SAFEMOON.
Yet, SAFEMOON is gaining ground and gradually moving closer to the top digital assets by market value. Ranked as a top 250 digital assets, SAFEMOON is more valuable than some mainstream companies such as 2U, Telecom Argentina, Turkish Airlines, Bandwidth, Manchester United, Taiwan Business Bank, and Fortis Healthcare whose market values fall below $2.5 billion.
Many proponents of blockchain technology view the SafeMoon project as the future of decentralized finance in terms of lending, exchange, and yield aggregation.
Many experts believe that SafeMoon provides relatively high annual percentage yields that can transform the lives of several unbanked and underbanked people.
Although several decentralized applications (DAPPS) continue to enjoy the innovations of the blockchains that house them, SafeMoon has huge milestones it aims to accomplish by the end of 2021 and beyond. This is the primary reason why its native asset SAFEMOON’s value has risen significantly due to increased demand by investors who think the token can turn small amounts into large capital in the long term.
How To Invest $100 In SAFEMOON
There are several ways through which you can invest $100 in SAFEMOON. For quality and value for money, we would recommend buying SAFEMOON from centralized exchanges that have a great reputation, are regulated, provide great security, support several payment methods, and countries.
Gate.io, Bitrue, and BitMart are some of the largest cryptocurrency exchanges that comply with Anti-Money Laundering (AML) and Knowing Your Customer (KYC) regulations.
In case you choose to buy SAFEMOON from a decentralized exchange which in this case PancakeSwap, you should use TrustWallet to store your SAFEMOON tokens.
This is because TrustWallet has a great reputation across the crypto trading and investing space.
While this article is primarily centered on what might happen if you invest $100 in SAFEMOON today, there are no limits with regards to the amount of money you can invest in SafeMoon.
The only issue you should watch out for is the minimum amount required by some exchanges for the trading of cryptocurrencies. While some exchanges have set minimums at $10, others require you to trade more. Whatever the case, due to the price of SAFEMOON being so low, it is possible to start investing with $100.
On centralized exchanges,
1. Register for an account by signing up (Please input authentic details of your full legal name, phone number, email, and residential address).
2. Verify your account (this process is an essential part of protecting your account. Provide the required documents such as government-issued cards and bank statements to prove your identity and residence respectively).
3. Deposit Funds (select a payment method that suits your trading needs and deposit an amount that will help you buy $100 worth of SAFEMOON).
4. Navigate to SAFEMOON ACCOUNT (On this page on your preferred exchange, you can buy $100 worth of SAFEMOON tokens. Your order will be calculated, processed, and completed).
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Will Investing $100 In SAFEMOON Make You a Millionaire?
Investing $100 in SAFEMOON could make you a millionaire if you hold onto your tokens for the long-term and SAFEMOON tests new high highs.
For understanding, let us employ simple mathematics in our analysis of a $100 SAFEMOON investment turning into a millionaire maker.
At $100, you can buy 19,036,740 coins.
You could become a millionaire if SAFEMOON trades for $0.057 someday.
Experts at WSJ News support such a forecast. They believe SAFEMOON could trade at $0.25 by the end of 2025.
$0.057 multiplied by (×) 19,036,740 SAFEMOON totals $1,085,094.18 (millionaire maker).
Due to the novelty of the project, many reputable analysts continue to caution traders about SAFEMOON, an asset they consider a high-risk investment.
With that said, the popularity of the coin, impressive daily trading volumes, and the exposure SAFEMOON continues to gain through exchange listings make it an asset you should consider adding to your investment portfolio.
Read Also: Could Safemoon Be A Millionaire-Maker?
What To Consider When Investing $100 In SAFEMOON?
When investing $100 in SAFEMOON, it would be in your interest to consider the following;
Virtual Currencies and Blockchain Technology Is a New Concept
As of November 2021, more than 99% of cryptocurrencies have recorded some form of gains for their respective investors. Despite these achievements, no one knows the future of digital currencies. Cryptocurrencies have done well in challenging centralized financial systems. Unfortunately, failure to gain acceptance by more than 50% of the global population will render cryptocurrencies relevant to just 2% of citizens around the world.
Moreover, know that investing $100 in SAFEMOON may have brought gains to some investors; this is not a certainty that you are going to see gains through investing in SAFEMOON. Invest with caution.
Know the Actual Costs Involved
You may want to invest $100 in SAFEMOON but you would have to deposit more than that. This is because of hidden fees (deposits, processing, and withdrawal fees). Go through your preferred exchange and understand their fee structure. Once you figure this out, you can invest $100 in SAFEMOON.
Know Your Risk Tolerance
Suppose there is a hack of the Binance Smart Chain that houses the SafeMoon Protocol that causes assets associated with the blockchain to plunge to new high lows, can you afford to lose $100? More importantly, will you be affected by the loss of your capital? SAFEMOON is soaring at the moment but you should know an intensive bearishness overtakes the market after strong bulls.
Be prepared for the worse. If you assess your risk tolerance and realize the rewards are much higher, you can carry on and invest $100 in SAFEMOON.
Should You Invest In SAFEMOON?
SAFEMOON is a digital asset worth investing in according to experts at CryptoNewsZ and Wallet Investor.
Although it would have been better to have invested in SAFEMOON much earlier, its current price means you can still buy millions of coins with a $100 investment.
Most investments come down to risk and reward. Always ask the question, do the potential rewards of investing $100 in SafeMoon exceed the possible consequences of the risks?
Investing in SAFEMOON has made many people millionaires. Since a $100 investment will not deplete your savings accounts by much, you can invest $100 in SAFEMOON with an eye on the long term and see where it can take you as per your investment goals.
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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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