SFM is a token of the SafeMoon platform. Its current price is around $0.0006282 in writing, with a minimum of $0.0000002149, and it has a market cap of $354 million.
What Is SafeMoon?
SafeMoon is a blockchain-based digital asset created to provide decentralized financial services, just like other cryptocurrencies like Bitcoin and Ethereum. The SafeMoon V2 protocol is a decentralized community-driven financial protocol that forms an integral part of the SafeMoon ecosystem. SafeMoon is a company that develops several blockchain-based projects to bring new value to cryptography. They are also trying to apply these technologies in every part of the world.
What Is SFM?
SFM is the token of the SafeMoon platform, which is about $0.0006282 at the time of writing, with a minimum of $0.000000214. It has reached a high of $0.007232 and its current ranking is #3003 according to CoinMarketCap, with a market cap of $354 million. SafeMoon V2 is the new native token of the SafeMoon platform.
Market analysis of SFM Coin
SFM has a maximum bid of 1,000,000,000,000 coins worth approximately $0.0006282 with a market volume of $1 million, while the market cap is $354 million at writing.
Price Forecast
Over the 3H time period, the price action of $SFM/USDT formed a falling wedge chart pattern. The price is going to break the resistance of the wedge. We have to wait for a successful breakout to confirm its next direction.
Conclusions
Discipline and patience are the most important components of a successful trade. According to the above analysis, the coins we just discussed could make you earn decently if other market conditions prevail favorably. Again, it’s your hard-earned money that you’ll be using. Do your research before investing.