CryptoWhistle - Crypto Currency Tracker logo CryptoWhistle - Crypto Currency Tracker logo
Seeking Alpha 2021-08-27 18:45:58

SafeMoon crypto keeps gaining ahead of wallet drop

DeFi token SafeMoon (SAFEMOON-USD) continues to rise ahead of the release of its wallet Saturday. The crypto is up about 11%, trading at $0.000002871. It has a market cap of around $1.7B. On Twitter, #SAFEMOONSURGE is joining the hashtag #SAFEMOONWALLET, with the wallet set to debut tomorrow at 11 a.m. ET. The wallet will also be able to store Dogecoin (DOGE-USD). In May, Barstool Sports' Dave Portnoy selected SafeMoon as his cryptocurrency of choice, investing $40K. That stake is now worth less than $8K, according to Benzinga. SafeMoon's one-year high is $0.00001399. At the time, Portnoy said he may well be investing in a Ponzi scheme, but he likes the word "moon."

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.