"Safemoon" Still Go To Moon ?

Is safemoon going to be that long-term investment that changes your life or do you expect it to have a flash crash.

Today I will covering some important news and analysis with technical charts to show you all where we think the future of safemoon could be.

I think the most important thing to start off with when thinking about a more long-term view for safemoon is really the safemoon exchange as what we need to see from cryptocurrencies. If they're really gonna survive the next five to ten years are strong fundamentals and genuine value given to the market one of the main ways that safemoon is doing this right now is with the safemoon exchange which i believe in this updates.

They will have reached their goal of one million dollars with all the recent hype the exchange that they're building is built on tokenomics which is currently implemented for holders of the safemoon coin basically what this means is when you're holding a coin like safemoon. The more you hold the coin the more safemoon you actually get given and how the safemoon exchange is working is they're implementing that tactic of tokenomics.

But onto the entire exchange site so when you hold bitcoin or when you hold ethereum using the safemoon exchange you get more bitcoin and you get more ethereum this definitely incentivizes people to be using the safemoon exchange and the more people that are using the exchange. The more people that will use the safemoon token and the more the price will go up in the future.

The first thing what is really nice to see for a long term investment is the project roadmap. So we want to see exactly what their plan is for the future how long they plan to be around for and why we think it's a good idea to actually be with a coin and this is why we have to be conservative creating these conservative predictions.

if it is long-term or short-term investments if we just want to be in this pump and dump and make 600 and then close out which would be a really nice increase but we are also looking for the 20 times initial investment to make us millionaires.

We can see here on their last step in a road map, we do see when safemoon have finished with the exchange.

Charity project which they already have got about 775 000 for they will finish integrations with the first african markets with this they're going to be making more jobs in africa based with the safemoon offices and technology and with that it is so good for the future africa is only.

Really starting to develop and by seeing it become an country and adopting the safemoon technology it gives us the indication safemoon is going for that long-term project and not something which will just be pumped and then dumped in terms of looking at the future of safemoon on a more mid to short-term basis in the coming months.

We could see it being listed on sites such as binance, kraken and coinbase which would give safemoon a huge pump. There's currently rumors that it could be listed on Binance when i'm making this post on the 21st. It's currently the 20th however i believe these rumors have already been dispelled and most likely on the 21st the exchanges that safemoon will be listed on will probably be mid to small range exchanges now that is actually a positive disguise as a negative. What this could mean is we have a new goal for the safemoon community and the current hype can continue.

This is really important if we don't want this coin to be a pump and dump because we need strong fundamentals and the hype in the community to stay together through good and bad news a listing on finance or coinbase could be another goal that the community has over the coming weeks and months and can create more hype and another big surge.

In the price but of course a big surge will always be followed by a crash and this is why and i want to be honest with you on a more long-term basis from five to ten years from now. I'm very unsure on the future of safe moon what we need to see from safemoon and its development and its team is it coming up with more products more features and more technology which actually brings real value to the market and gives it a competitive advantage.

Right now in cryptocurrency we are in a bit of a bubble, we're buying on hype a great example that is dogecoin. I'm not saying dogecoin is a bad crypto, i'm not saying i hate dogecoin, i'm not saying you hate safemoon.

But what makes me unsure about the future is will these meme coins last five to ten years from now there's definitely arguments that they will they might not be bought because of fundamentals they might be bought because people just want to see the price go up it's a lot of fun and people enjoy the entertainment that they bring.

However if you want to be more secure in the future of safe moon especially if you're wanting to invest into this coin for multiple years of course i'm no financial advisor this is just my opinion what we would need to see from safe moon is it trying to break away from just a purely hype coin and develop in other avenues and bring more excitement to the coin.

Rather than the majority of the investors purely investing into the coin because the price is going up if we can see this it will be a very promising future for safe moon. If we can't i'm very unsure the safe moon token could live on for years from now or this could be just a hype coin that gets blown up and the hype lasts for another few weeks two months and then it dips down it'll be interesting to see where dogecoin goes in the coming months to years as i think dogecoin is a good indicator for where safeman could go at the moment but his safemen can branch out from just being a hype coin to be more than a hype coin a coin with strong fundamentals real value that it brings innovative technology and on top of that hype around the coin it could be a really promising future
good luck with all your holdings.