Crypto is now a modern way of doing business and earning but not all crypto projects are authentic. Capitalists and shareholders sometimes venture into blockchain projects with selfish motives which are centered around their profit only. There are different types of cryptocurrencies. Like bitcoin, altcoin is an alternative cryptocurrency.
A new altcoin gaining fame is SafeMoon. It grew in popularity very swiftly and has made many communities. It is a scheme to get rich quickly. The prices for a percent of SafeMoon are multiplying by tens and thousands for the last three weeks. There is no harm in going and checking out this scheme that has sky-high prices.
SafeMoon is so built that with every transaction a part of this currency gets wiped out. The more people exchange the currency the more parts of the currency will get destroyed as a result of which the price of the currency will rise.
With every transaction, the shareholders of a particular token will get shares automatically. This model of altcoin creates deflation.
The part getting wiped out is called burn rate and the part shareholders get is called auto-staking rate. Both the burn rate and the auto-staking rate of SafeMoon is 5 percent. The wallets of the long-term stakeholders grow due to the auto-staking rate whereas their existing amount reduces continuously due to the burn rate.
SafeMoon drew its inspiration from another altcoin project called Hoge. SafeMoon, as a project, was set in motion on March 8. To know whether it is a scam or not a third-party audit is required which has not been done yet.
How to Build a Career in Aesthetics: Zara Harutyunyan Shares Her Advice
Lonnie Mayne Helps Leaders Humanize Business and Ignite Human Performance with His Framework, Red Shoes Living
Meet BJØRN, the Rising Versatile Sensation based out of New York
Joy R. Richardson Is Changing The Norms Of Being A Male Model
Real Estate Broker Michael Humphrey—Setting the Standard of Sales for Exclusive Santa Barbara Clientele
Meet The Innovative & High – Impact CEO, Nicholas Cormier
Managing the Pain and Discomfort of Childbirth the Natural Way with Hypnobabies
Entrepreneurship as a Way of Life – Talking with Aidan Ranzieri
Traditional Smart Contracts Just Won’t Cut It For Digital Inheritance, According to Safe Haven CEO. Here’s Why.
Backbencher Now Millionaire Creates Own Niche in America’s Corporate World
Meet Swagg Dinero, the new rapper from Chicago whose popularity is taking huge tides in the music industry
Hollywood Sensation Jewelry-Sterling, Stunning, and Stylish
Meet Christopher Gallop, taking over the world of music like a true blue professional
How Business Presentations Firm Prezentium Puts its Heart into Helping Children Around the World
Alex Perdziola Is the Rising Real Estate Agent Taking Over the Local and Global Real Estate Arena
TMJ Disorders Require a Holistic Treatment Approach
World4 months ago
Experts Share Necessary Precautions To Take When Buying A Used Car
Health1 year ago
Royal CBD Launches New Line of Products to Take Away all the Pain People Suffer
Health7 months ago
The Looming and Unavoidable Women’s Health Crisis
Lifestyle7 months ago
5 Tips on How to Care for Your Clip-in Hair Extensions
Lifestyle3 months ago
Meet Coconut Kitty: Artist, Poet, and Social Media Sensation
Business10 months ago
A Trailblazer For An Entire Industry: How Moyn Islam Is An Entrepreneur That Stands Out From The Crowd
Business1 year ago
Entrepreneur Who Wraps All His Cars In Gold; Just who is Kevin Thobias?
Business1 year ago
Could the cure for Herpes be just what the Doctor ordered for Synergy Pharmaceuticals?