Is SafeMoon Expected To Reach $10 Or More In The Next 5 Years?

Last Updated November 13th 2021

6 Min Read

Will SafeMoon prices continue rising? Can we expect SafeMoon to reach $10 or more in the next 5 years?

Well, the overwhelming majority of crypto analysts and investors are confident that SafeMoon’s overall price will continue uptrending as we head into the future and that the altcoin can sustain the current bullish momentum for the next few years. That said, though, most of these analysts and investors do not believe that SafeMoon can reach $10 in the next 5 or 10 years. Some have even argued that SafeMoon will not come anywhere near $1 or one cent in our lifetime.

In defending their bearish views of the meme currency’s future price action, most of these analysts and investors have identified a myriad of factors that they believe will block SafeMoon’s path towards parity with the dollar. These include its explosive maximum token supply and the fact that it is a joke currency.

Some have even argued that the current hype around meme currencies is the only thing influencing the altcoin’s price action.

But how long can this hype last? Can it be relied upon to drive SafeMoon token prices all the way up to reach $10 or more by 2026?

We will be answering all these questions, telling you if a per token valuation of $1 or $10 is feasible for SafeMoon and sharing what crypto exerts think SafeMoon will be worth in 2026.

First, though, we want to know how SafeMoon got here.

SafeMoon Price History 2021 To 2022

SafeMoon is currently one of the most talked-about cryptocurrencies. It is turning out to be the crypto to watch as we head into 2022, and we could witness massive attention towards the coin and a huge price rally in the next few months if most investor predictions come to pass.

These have studied the two leading meme currencies - Dogecoin and Shiba Inu - and concluded that after making it to the list of the top 10 cryptocurrencies, the price action of these joke currencies stagnates. Their investors then start taking profits and looking for the next most promising meme currency. This has already happened with Dogecoin, and chances are high that Shiba Inu profit takers will most likely turn their focus on SafeMoon.

Founded in March 2021, SafeMoon’s value is already up by more than 10000%, according to data from CoinMarketCap. It has shot from oblivion to being the 205th most valuable cryptocurrency with a market cap of more than $2.4 Billion. Its prices have been rallying throughout the last half of 2021, and it is expected to sustain the momentum going into 2022 and for the next few years.

So, Will SafeMoon Reach $1?

Well, while everyone remains optimistic about SafeMoon’s future price action, no one believes that it has what it takes to reach $1 anytime soon.

The meme currency developers might have come up with a road map for the altcoin’s future and rolled out different projects aimed at making it a legitimate cryptocurrency. But they are yet to address the elephant in the room - SafeMoon’s generous maximum token supply. At the moment, for instance, there are more than 585.536 trillion SAFEMOON tokens in circulation.

To reach $1, SafeMoon would need to grow its market cap to around $585.563 Trillion, which is not feasible.

You might be tempted to argue that SafeMoon is deflationary and that its token supply will reduce with time because it burns 5% tokens per transaction. While this is true, data from numerous crypto experts shows that it will take uncountable cycles and many years for the joke currency’s token supply to reach acceptable levels that can comfortably support a per-token valuation of $1.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Will SafeMoon Eventually Reach $10?

No, with its current maximum token supply, odds are high that SafeMoon token prices will never reach $100. Every crypto analysts and most SafeMoon investors understand this, and this explains why they have been so eager to shift the SafeMoon conversation from how high up it can get in the next few years to how much you stand to make through its volatile price action.

In addition to the maximum token supply challenge, our experts at Trading Education have isolated two other factors that stand in the way of SafeMoon making it to $10 in the next few years.

First is the magnitude of price jump required to get SafeMoon token prices to $10. We are almost halfway into the last quarter of 2021, and SafeMoon has been trading around $0.000004. Therefore, SafeMoon needs to grow its value by around 250 million percent if it is to attain a per-token valuation of $10.

Even with the current meme currency frenzy, it is still preposterous to think that a meme currency can climb this high in the next few years. Not to mention that a $10 token valuation would give SafeMoon a market cap of more than $5 Quadrillion.

Secondly, unlike such other cryptocurrencies as Bitcoin and Ethereum that can be said to have gained some intrinsic values from their global adoption, SafeMoon has no real-world use case outside of being used as a speculative investment. Like all other cryptocurrencies, this has earned a bad reputation and a lot of criticism from both crypto experts and the mainstream media.

In effect, this has seen most would-be investors, whose interaction with the meme coin would raise its value to lose interest in the altcoin. This negative publicity about meme coins is expected to continue in the future, and it will most definitely hurt SafeMoon’s possible growth rate.

All these say that SafeMoon will not reach $10 any time soon. Nevertheless, its price is expected to continue rallying, and it would be interesting to know how high up it can get in the next 5 years.

Don't Miss: Is SafeMoon A Good Investment And Should I Invest In It?

What Will SafeMoon Be Worth In 2026?

Technical and fundamental analysis of SafeMoon’s future price action suggests that its prices will continue soaring or the next few years. Market and social media sentiments also indicate strong buy signals for the coin, which is evidence of the crypto market’s belief in the future of the meme currency. But what will SafeMoon be worth in the next 5 years?

Well, PricePrediction.Net, a technical analysis platform, echoes most of the crypto community’s views of SafeMoon’s future price action and indicates an uptrend. However, according to their analysis, SafeMoon can only reach as high as $0.00003255 by the end of 2026.

A similar technical analysis by the ever optimist CryptocurrencyPricePrediction is also hugely bullish on the joke currency’s price performance for the next 5 years. But not even the historically bullish platform can see it getting anywhere near $1, as it indicates that SafeMoon will be selling for around $0.000209 at the start of 2026.

Conclusion: Will SafeMoon Reach $10 By 2026?

The level of optimism about rising SafeMoon token prices for the next few years is overwhelming. The majority of crypto analysts and investors and convinced that the ongoing frenzy about meme currencies, SafeMoon’s growing community, and the numerous celebrity endorsements will help keep SafeMoon token prices uptrending for the next few years.

However, given the altcoin’s enormous token supply, its lack of real-world use cases, and the mounting level of criticism towards meme currencies, crypto experts are convinced that SafeMoon will not get anywhere near $10 in the next 5 years. They are not even convinced that it can get to $1 or even $0.01 within the next 10 years - even after factoring in the level of ongoing developments around the SafeMoon token.