On the eve of the SafeMoon wallet release, the price of its own token of the same name was constantly growing. Starting from the week of $0.00000177, by October 7 it had risen to $0.00000365. However, for SAFEMOON, it turned out to be a short moment under the sun, because two hours after the expected release of the wallet, the price dropped to $0.00000292. Judging by this figure, the value of the token continues to fall. At the time of publication, SAFEMOON fell by 22.2% and amounted to $0.00000281. The week was much more successful for some DeFi tokens issued by SAFEMOON. This milestone is the result of the impressive overall growth of almost 30%. This also brings the token closer to a place in the top 10 most valuable cryptocurrencies by market capitalization. LUNA is currently ranked 11th. When launching the SafeMoon wallet (SAFEMOON), unexpected technical problems soon arose. According to a tweet from SafeMoon’s official Twitter account, the problems affected all three wallet products. Namely: the function of buying and exchanging on the website, the Android wallet, and its equivalent for iOS.
Finance and Business Reporter