SafeMoon has been one of the most talked-about cryptocurrencies of recent weeks, having seen some pretty impressive price movement in the latter half of 2021. But as celebrities start jumping on the SafeMoon bandwagon, many are left wondering is it just another meme coin, competing in an already crowded space?
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It's fairly apparent that this year has already been one of the most successful ever for the cryptocurrency market - prompting a wave of new investors to enter the space. However, it wasn’t just the usual suspects like Bitcoin and Ethereum that saw new all-time highs - there were plenty of new entries into the top ten.
Naturally, this has prompted investors to start searching for new crypto projects that are likely to light up the market in the coming months. SafeMoon appears to be one such project. The SafeMoon protocol is a DeFi token that actually discourages selling by charging a fee for selling the token. The idea is that this will lead to more long-term investment by holders of the token. The fee is then redistributed to existing token holders.
SafeMoon certainly seems to have stirred up interest in recent months and many industry figures are speculating that the project could be set for major growth in the coming years. In the following SafeMoon price prediction for 2025 and 2030, we’ll take a closer look at the project and consider whether there’s any real validity in these claims.
SafeMoon: Just Another Meme Coin?
SafeMoon has been labelled a meme coin in the same tradition as Shiba Inu and Dogecoin. In fact, its name alone echoes comments from Elon Musk during the Dogecoin rally in 2021, wherein he referred to sending DOGE to the moon. It seems the phrase has now stuck with regards to meme coins.
This essentially means that the project relies on its community and social media sentiment for its price movement. Presumably, the idea behind the SafeMoon protocol - and indeed its very name - is that it offers more stability than its rival meme coins.
It’s important to understand what drives meme coins. Many critics have pointed out that SafeMoon doesn’t have much by way of actual utility. However, this can be said of many tokens on the market and from an investment perspective, meme coins have demonstrated their ability to yield significant returns.
Another point of note: SafeMoon (SAFEMOON) is often confused with Safemoon Inu (SMI) - another meme coin that bears certain similarities to Shiba Inu and indeed SafeMoon. Investors researching the project are advised to keep an eye out for any crossed wires.
So What’s Different About SafeMoon?
SafeMoon’s USP is that it seeks to promote long-term investment and discourage day trading of its native token, the idea being that this will limit volatility. So how exactly does SafeMoon encourage investors to hold their tokens?
Firstly, there is a 10% fee charged for anyone selling SAFEMOON tokens. Half of this fee is then shared out between existing token holders, whilst the other is sent to liquidity pools to maintain supply. This approach potentially stabilises SAFEMOON’s price and also discourages whales from ‘pulling the rug out by selling off their tokens en masse.
SafeMoon also employs a manual burn protocol, as opposed to continuous burns. This approach is intended to give the developers behind SafeMoon more control over the token’s supply. Of course, any kind of coin burn increases scarcity which, in theory, will have a positive impact on price.
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SafeMoon Developments
One of the reasons SafeMoon is currently so appealing is that there have been several developments that could make it an even more rewarding platform. Firstly, there’s the SafeEarn protocol. The technical particulars of SafeEarn are too complex to go into here, but what’s important to know is that it effectively works in tandem with SafeMoon’s reflection mechanism, offering token holder’s an even bigger reward for HODLing their SAFEMOON.
SafeEarn is said to be the first project to introduce this double-reflections token policy, which is likely to be a big hit with the yield farming community - and, as we have discussed, community is a big deal for SafeMoon.
In addition to the SafeEarn platform, SafeMoon also has its own proprietary decentralised exchange in the works. Not much is known about it at this stage but the project’s website claims it will introduce its own “cryptonomics” to the whole crypto market.
Whilst it remains to be seen how popular these developments will be, they are certainly likely to boost SafeMoon’s profile and are only likely to help strengthen the community that it has built around itself.
Read Also: Why SafeMoon Will Skyrocket
Looking at SafeMoon’s Price History
SafeMoon token has received a lot of attention recently and there’s no reason that it can’t become a successful meme coin like Dogecoin. But before we consider whether or not SafeMoon will explode in the coming years, it’s worth taking a look at its price movement thus far.
As is the case with most cryptocurrencies, SafeMoon was worth almost nothing after its initial launch and is certainly not high value on a per token basis. However, after just a month of trading SAFEMOON went on a price run that saw it increase by several thousand per cent - reaching a token price of roughly $0.000007.
The initial price boom caused a surge in interest for the token and in May it was on the rise again, this time reaching its record high of $0.000010. Once again, these are hardly big numbers but from an investment perspective, this represents a huge rate of return.
Following its success in May, SafeMoon struggled to maintain its value and went into steady decline for much of the summer. By the start of October, it was trading at $0.000001. However, as is so often the case with meme coins, there was another burst of interest in the token and SafeMoon surged to $0.000006 in the last few days of that month.
Meme Coins - Can SafeMoon Be The Top Dog?
SafeMoon is very much viewed as a meme coin and following its sudden price surges in May and October, there have been numerous comparisons made to Dogecoin and Shiba Inu. But which one is likely to be the number one meme coin moving forward? The problem here is that it’s very hard to measure community potential.
If we take a look at each token’s subReddits, then it appears to be pretty one-sided. Dogecoin has some 2.2 million subscribers. Shiba Army comes in second with 386 thousand, followed by SafeMoon with 288 thousand. However, here we have to point out that SafeMoon is also the youngest of the bunch. DOGE has had nine years or so to build its following. Even Shiba Inu has been around since August 2020.
Realistically, online followings do not grow at constant rates and, just as with token price, these figures can change dramatically overnight. SafeMoon has a far more complete ecosystem than Dogecoin and this could see it gain ground on the original meme coin. Shiba Inu also has other strings to its bow, but SafeMoon has already amassed a significant following in its short life.
It seems to us that, when it comes to meme coins, the number one spot is still anyone’s to claim.
Check Out: Could Safemoon Be A Millionaire-Maker?
SafeMoon Price Predictions For 2025
Meme coins are notoriously hard to predict, so any forecasts for SafeMoon should be approached with caution. However, even the more speculative Safemoon price predictions are better than nothing and still give us an idea of the platform’s perceived longevity.
DigitalCoinPrice is highly optimistic with regards to SafeMoon’s price potential over the next three years or so. It has the token climbing by as much as 98% in the first quarter of 2022. However, it will not be a steady climb and SafeMoon’s value is expected to fluctuate month by month. Going into 2023 however, DigitalCoinPrice believes the token could have doubled in value and will be up by around 200% come 2025.
Elsewhere, WalletInvestor has made a more subdued SafeMoon price prediction for 2025. It has the token up by around 60% by the end of 2022, with an average trading price of $0.000008. SAFEMOON is then expected to cool slightly across 2023, attaining a maximum of $0.00007 by December. As we head into 2025, the Safemoon token is expected to be more or less static, holding out at around $0.000008.
Finally, TradingBeasts - usually the most reserved with its predictions - also foresees SafeMoon almost doubling in 2022. According to its technical analysis, the token will reach $0.000010 by the end of the year. It is then expected to see substantial growth across 2024, and reaching a potential high of $0.000025 in 2025
How Much Will SafeMoon be Worth in Five Years?
Based on SafeMoon projections from crypto experts, the SafeMoon coin price is expected to cross the $0.0001 mark in 2026.
According to the SAFEMOON price prediction offered by Crypto News, Safemoon is set to rise to $0.000265 by the end of 2026.
SafeMoon Price Predictions For 2030
SafeMoon is a relatively new project so there isn’t a great deal of data to work with when it comes to making long term forecasts. Consequently, there aren’t many SafeMoon price predictions for 2030 to reference here.
DigitalCoinPrice is one platform that has ventured to make a longer-term prediction for SafeMoon. It sees SAFEMOON growing significantly beyond 2025, reaching a potential high of $0.000019 in 2026, which would represent growth of almost 300% on today’s price. By the end of 2028, the token is expected to be worth a high of $0.000022 and by 2028 we could see growth amounting to almost 400%.
Realistically, SafeMoon price predictions for 2030 are never going to be reliable and shouldn’t be used to inform an investment strategy. Whilst some cryptocurrency projects lean more towards longevity, meme coins generally experience success through trends - something very hard to predict in the long term.
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SAFEMOON Price Predictions 2025-2030
The price of SafeMoon is expected to rise from $0.00014567 at the beginning of 2025 to $0.00024281 at the end of 2030.
Year | Mid-Year | Year-End |
---|---|---|
2025 | $0.00015691 | $0.00017792 |
2026 | $0.00016219 | $0.00015987 |
2027 | $0.00014499 | $0.00015434 |
2028 | $0.00015762 | $0.00016884 |
2029 | $0.00014526 | $0.00015606 |
2030 | $0.00024281 | $0.00025567 |
Conclusion: Should You Invest In SafeMoon?
SafeMoon is unlikely to compete with the major tokens on the market from a technical perspective, but it certainly seems to have viability as a meme coin. It’s fair to say there is no real-world use case, but as the cryptocurrency market has shown us time and time again, this is not necessarily a disadvantage when it comes to price movement.
The SafeMoon price predictions we looked at were surprisingly positive. Of course, these should never be taken as fact, but they certainly are a vote of confidence in the project and tell us a lot about current market sentiment towards the meme coin. This is something that investors should certainly be happy about.
The project also has plenty in the pipeline, with the SafeEarn protocol likely to boost uptake and the imminent arrival of the SafeMoon DeX something that could certainly boost its profile. Realistically, what SafeMoon needs now is some solid celebrity endorsement - the kind that Dogecoin has enjoyed recently.
There’s no denying that SafeMoon is a risky investment - even for the cryptocurrency market - but with a super-low token price, it might be worth adding a nominal amount to your portfolio, just in case we see another Doge-esque buying frenzy.
If you do decide to invest in SafeMoon, be sure to keep an eye on its social media presence, as well as discussion platforms like Reddit to stay up-to-date with the community.
Where To Buy SafeMoon Cryptocurrency
Cryptocurrency investment is more popular than ever before, but if you are yet to start building your portfolio then the first thing you’ll need to do is find a broker that can give you access to the markets. We usually recommend eToro. Not only is it ideal for novice and experienced traders alike, but it also has one of the best reputations in the industry.
Opening an account is remarkably straightforward and you’ll find the trading platform easy to get to grips with. Another great thing about eToro is there is always plenty of information on hand regarding the top tokens and the cryptocurrency market in general.
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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
FAQs
What is SafeMoon?
SafeMoon is a cryptocurrency that stands out from the crowd due to the fact it has an in-built mechanism to encourage HODLing and discourage short term trading. Those selling the token must pay a 10% fee - a proportion of which is distributed amongst the remaining token holders.
Is SafeMoon a meme coin?
SafeMoon is a meme coin in the same tradition as Shiba Inu or Dogecoin. However, the platform offers a lot more than a simple value exchange token. It has a unique rewards system, a novel approach to liquidity and developers are now putting the finishing touches on the SafeMoon DeX.
How much will SafeMoon be worth in 2025?
SafeMoon price predictions for 2025 are largely optimistic, with most analysts expecting growth. With its price being only fractions of a cent, the best way to look at potential SafeMoon growth is by percentage. Based on the forecasts we observed, SAFEMOON could be up by 200% come 2025.
Is SafeMoon better than Dogecoin?
Whilst Dogecoin remains the most popular meme coin by a considerable margin, SafeMoon actually has better credentials on paper. Whereas DOGE is an older token that offers little other than a means of value exchange, SafeMoon could be seen as a DeFi project as it rewards its holders with static reflections and will soon be launching its own Dex.
What are SafeMoon price predictions for 2030?
Long term cryptocurrency forecasts for meme coins have very little value other than offering a reflection of current sentiment. In fact, we found very few SafeMoon price predictions for 2030, as the token only hit the markets in the first half of 2021. DigitalCoinPrice, however, has suggested SAFEMOON could be up 400% by 2028.