SafeMoon today has a value equal to $ 0.00000151. The price of the SafeMoon (SAFEMOON) cryptocurrency fluctuated in the last 24 hours by a -1.8% drop. Besides, in the previous passing hour, it slipped -1.8% with a capitalization of $857.21 million.

SafeMoon Crypto Price Analysis

The high noted price of SafeMoon in the last twenty-four hours is $0.00000164, while the low recorded price is $0.00000150. Further, the coin is listed #119 on the cryptocurrencies list.

The price has been flat for the last seven days. It has dropped by -11.5% in these seven days and almost by -57.3% in the previous thirty days.

Why SafeMoon Crypto Decline?

The Bitmart hack is still a big talk in the cryptocurrency market and more about cryptocurrencies that have lost assets and those that have managed to keep the hacker away.

The SafeMoon is one of the cryptocurrencies that have been negatively affected by the hack. Despite the loss of many SafeMoon coins, the price of SafeMoon currency in the market is falling.

Unlike SafeMoon, other currencies have come out stronger than this Bitmart hacking, and some are already enjoying positive growth. These are cryptocurrencies that managed to prevent this hacking.

SafeMoon Price Chart. Source: CoinMarketCap

The Bitrise coin is one of the cryptocurrencies that managed to keep the hacker away. Unlike SafeMoon, the currency is currently experiencing rapid growth.

The other reason why the fall of SafeMoon and the Bitrise currency skyrockets is the upcoming betting process. The SafeMoon team has not yet announced the bet even though it is the closest competitor to Bitrise.

Many investors have joined the Bitrise coin to enjoy 80% of the APY betting revenue shared among the betting coupons.

The Bitmart invasion is one of the reasons why the SafeMoon currency is not doing well, but there are many other reasons why the Bitrise currency is soaring.

While security and safety features could be a problem, Bitrise attracts more encryption investors than SafeMoon. This means that the demand for the badge is higher, hence the value that skyrockets.

SafeMoon Price Forecast

For each asset, we show a price forecast index that the machine learning process believes that each cryptocurrency will be traded annually from today, along with the projected rate of increase or decrease. Available in USD only.

SafeMoon Price Prediction 2022

The price of SafeMoon is expected to reach the maximum level of $0.00000510 throughout 2022.

SafeMoon Price Prediction 2023

According to the encryption price forecast index, in 2023, the SafeMoon (SAFEMOON) price may reach a maximum level of $0.00000866, with an average trading price of $0.00000644.

SafeMoon Price Prediction 2025

According to the encryption price forecast index, in 2025, the price of SAFEMOON should exceed an average price level of $0.00000764. The minimum expected price of SafeMoon at the end of this year should be $ 0.00000844. In addition, SAFEMOON can reach a maximum price level of $0.00000904.

SafeMoon Price Prediction 2030

SafeMoon is expected to reach the lowest possible level of $0.00000924 in 2030. According to the Cryptographic Price forecast index, the price of SAFEMOON can get the maximum possible level of $0.00001504, with the expected average price of $0.00001164.

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Hamza Hayat is an experienced news editor who has spent the last six years at Thewistle.com, specializing in reporting on Stimulus Payments, Direct Payments, and covering significant local news across the United States. With a keen eye for detail and a passion for delivering accurate, timely information, Hamza's work has helped keep readers informed on important economic and financial developments.