In recent times, over 690,000 new LTC addresses have emerged. Ali JUnusual Network Activity Sparks Sell-Off TheoriesĪccording to Ali, the idea of a “Sell the News” event stems from an observed increase in new Litecoin addresses created on the network. More than 690,000 #LTC addresses were recently created, suggesting the upcoming #halving could be a “sell the news” event. #Litecoin | Each time the number of new $LTC addresses surpassed 350,000 in the last five years, a significant price correction followed. Particularly, Renowned on-chain analyst, Ali Charts, has introduced a novel perspective to the halving discourse, with his theory that the much-anticipated event could turn out to be a “Sell the News” event. However, predictions surrounding the event are veering off the usual path of price appreciation to include a potential coordinated sell-off.
Slated for early August, the halving has attracted considerable attention from the cryptocurrency community. In December 2021, SafeMoon V1 was upgraded to SafeMoon V2, with the same initial supply being consolidated at a 1:1000 ratio.As the crypto market gears up for one of its major network events, the Litecoin (LTC) halving, investors and analysts are peering into the crystal ball of market trends to try to predict the outcome. Cryptocurrency Price Tracker Track over 10,000 crypto prices in real-time with ease. Convert SafeMoon to British Pound Sterling. Due to its increasing popularity, the SafeMoon protocol has an ambitious roadmap and plans to release a number of products by the end of 2022. You can see additional volatility levels and SAFEMOON price to GBP data for 24-hour, 7-day, and 90-day periods in the table above. Track the latest SafeMoon price, market cap, trading volume, news and more with CoinGecko's live SFM price chart and popular cryptocurrency price tracker. On top of the already-available Decentralized Exchange and Mobile App, SafeMooon Protocol will soon add a Centralized Exchange and NFT marketplace. SafeMoon Protocol is a deflationary digital currency that will appreciate in value over time as a result of its coin-burning strategy. In order to advance new innovations for the greater good, SafeMoon is now focusing on the second part of its mission: expanding and channeling its technology and using a Venture Philanthropy model to spread those innovations throughout the world.Īs more tokens are acquired through the SafeMoon Protocol, token holders will earn more SAFEMOON. The current average price of SafeMoon is 0.05081, which is a weighted average across 1 crypto exchanges. You can exchange SafeMoon with 1 other cryptocurrencies. SafeMoon ranks 6417 by trading volume and is trading on 1 crypto exchanges. The SafeMoon website states that SafeMoon is a decentralized finance (DeFi) token with the following four functions: Reflection, LP Acquisition, Token Burn, and Growth Fund. SafeMoon trading volume in the last 24 hours is 24.55, which is 4.26 higher than the day before. Building blockchain, commerce, metaverse, and NFT products to use cryptocurrency technology more effectively and create new types of value. SafeMoon is innovating for good because of its strong ties to and support from its award-winning community (The SafeMoon Army). Blockchain technology is being developed by a human-focused technology and innovation company for a better future.
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