The International Business Times advises investors not to download fake apps/wallets, be on guard about rug pulls and stay alert in keeping your hard-earned money safe from the wrong-doings of the crypto market. Takeaways The SafeMoon Wallet was announced quite a while ago, promising to solve the issue of buying and trading SafeMoon efficiently. At the time of publishing, SafeMoon was trading at $0.000002351 and is down -1.19% in the days trade.
SafeMoon, which rose to 50% last week due to the hype surrounding the wallet launch, began trading in red and has fallen 95% from its all time high (ATH) of $0.00001094 on May 11, 2021. 4 5 6 The token charges a 10 fee on transactions, with 5 redistributed (or reflected) to token holders 7 8 and 5 directed to wallets in a different currency, Binance Coin (BNB), controlled by the coin's authors. More information this Sunday on SafeMoon Twitter space 8:00 PM - BST.'' The caption of the post was ''LET'S TRY THIS AGAIN!'' along with the infamous 'to the moon' emojis. SafeMoon is a cryptocurrency token created in March 2021 3 on the Binance Smart Chain blockchain. A new release date will be announced soon. Jump on board our spaceship and let us shuttle to a new, safe, moon. Translating the success of SafeMoon on the BSC to this new and innovative platform offers a renewed opportunity for everybody. So what happens next? Our dev team are working tirelessly. SafeMoon ADA is the premier token of the brand new ADA smart contract ecosystem. The app has now been taken down but many investors have vented out on Reddit that they lost money in the fake app and don't know what course of action to take to get their money back.įacing immense pressure to deliver on their promises, the developers put out a video on SafeMoon's Twitter handle that read, ''The wallet has been delayed. As news about the fake wallet made its way into social media, thousands of investors flagged the app as inappropriate by choosing the 'copycat or impersonation' option and reported the fraud to Google.
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