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Lending

SafeMoon

SafeMoon is an altcoin created on the Binance Smart Chain. Every time someone sells the SafeMoon token, 5% of the proceeds go back to current holders, and another 5% is destroyed. This system is designed, in theory, to reduce the supply of the token and drive up its price, encouraging investors to hold SafeMoon instead of speculating and day trading it. Some critics think the SafeMoon token is a Ponzi scheme.
About
Latest News
Upcoming Events
FAQ
What is SafeMoon?
SafeMoon was a community-driven decentralized finance (DeFi) protocol launched in March 2021. It aimed to provide a deflationary utility token with features like static rewards, liquidity pool acquisition, and a burn strategy. The project sought to reward long-term holders and discourage selling through its unique tokenomics.
How Does SafeMoon Work?
SafeMoon's protocol imposed a 10% fee on each transaction: 5% was redistributed to existing token holders, and the remaining 5% was split—half converted to Binance Coin (BNB) and the other half paired with BNB to add to the liquidity pool on PancakeSwap. This mechanism aimed to stabilize the token's price and incentivize holding.
What Makes SafeMoon Unique?
SafeMoon introduced several distinctive features: Static Rewards (redistributing transaction fees to holders), Manual Burn (strategic token burns to reduce supply and potentially increase value), and an Automatic Liquidity Pool (self-sustaining liquidity to support price stability).
Who Are the Founders of SafeMoon?
SafeMoon was founded by John Karony (CEO), Thomas Smith (CBO), Hank Wyatt (CTO), and Jack Haines (COO). The team brought diverse expertise in blockchain technology and business development.

Latest News

What Key Events Have There Been for SafeMoon?
In November 2023, the SEC and the U.S. Department of Justice charged SafeMoon and its executives with fraud and unregistered securities offerings. Subsequently, in December 2023, SafeMoon filed for Chapter 7 bankruptcy and was acquired by the VGX Foundation.
Project Announcements
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Where to Buy SafeMoon?
SafeMoon tokens were previously traded on exchanges such as Gate.io, MEXC, and BitMart. However, due to the project's bankruptcy and legal issues, trading availability may be limited or nonexistent.
SafeMoon Price
Daily Trading Volume
-
All-Time High
$0.003383 on January 5, 2022
All-Time Low
$0.00001020 on March 1, 2025
Market Cap and Valuation
Market Cap
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Fully Diluted Valuation
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SafeMoon Price Prediction
Given the project's bankruptcy and legal challenges, there are currently no available forecasts from reliable experts or publications regarding SafeMoon's price.

FAQ

What is the Purpose of SafeMoon? jiantou jiantou

How Can I Participate in SafeMoon's Ecosystem? jiantou jiantou

What Sets SafeMoon Apart from Competitors? jiantou jiantou

Is SafeMoon Secure? jiantou jiantou

What are the Risks Associated with SafeMoon? jiantou jiantou

Community Sentiment

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.