SafeMoon Might Actually Be Dying
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I don't know how else to say this but….I think SafeMoon might actually be dying. All the HODL'ers and SafeMooners actually seem to be giving up. The bears woke up from hibernation just before winter and started devouring everything in sight. SafeMoon seems to have been one of the first spotted. You should know, as one of the posts say, SafeMoon is would have to shoot up 3000% reach its ATH. It's unfortunate that a lot of SM'ers bought near it's highs in mid-2021. There are somehow still users who don't know about the 100% "tax" on SafeMoon V1 transfers and end up losing everything after a transfer. Still users lacking info on the SM V2 the 2% fee on transfers between Safemoon wallets and losing tons. Still users holding bags from the SM 10% Buy/Sell fee. All things likely just meant to force users to not sell and to hold SM to prop up the price while they gain no value from the project. At least, the the 1000:1 consolidation from token value V1 to V2 does preserve the fiat value of tokens but I also think it could be heavily abused by some dev/project managers easily obtaining SM tokens which are now 1000x more valuable. I guess if nothing else, the bear market will clean up the space and only the best projects that offer real value with survive. I think there a real lesson to be learned here even if it's obvious to some or most but obvious not enough people. submitted by /u/OneThatNoseOne |
