Since the pandemic began, we’ve all been trying to expand our vocabulary, both literally and figuratively. We’re trying to adjust to the new normal, and we’re not just talking about video meetups and social distancing. Every self-proclaimed financial guru knows how cryptocurrency has been eclipsing the market lately, and why it’s important to keep our ears open.
Safemoon denied everything, so I started digging deeper
But no matter how hyped they are, not every form of cryptocurrency is worth drooling over. And even if you are, it’s crucial that you do some research before going all in. Today, we’re taking a look at one of the latest hypes in the crypto world — SafeMoon — and telling you whether or not it’s safe to put your eggs in the digital basket.
Related: What Are NFT Stocks? Everything You Need to Know
SafeMoon is the newest and probably the coolest sounding cryptocurrency on the market right now. Unlike NFT, which successfully connects artists with their customers, SafeMoon is pretty much a general cryptocurrency with its own advantages. In technical terms, the cryptocurrency, which was launched in early March 2021, is a Decentralized Finance (DeFI) cryptocurrency based on Binance Smart Chain.
