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We’ve talked to investing experts and financial advisors who advise against sinking much of your portfolio into the asset class for this very reason. They work with clients to make sure volatile crypto investments aren’t getting in the way of other financial priorities, like saving an emergency fund and paying off high-interest debt.
Here's everything we know about SafeMoon and why it could be the next big cryptocurrency on the market. Read More Related Articles What is Dogecoin? - The cryptocurrency that continues to grow Read More Related Articles What is Ethereum - the cryptocurrency everyone is trying to cash in on What is SafeMoon? .

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This can be the dark horse in the crypto space. EtherLite, a side chain of the Ethereum network, is designed to create an ecosystem for apps and businesses that are more efficient, less costly, scalable, fast and secure. One of the significant features of the newly born currency is that it is fully compatible with Ethereum Virtual Machine (EVM).
Data from Glassnode also shows that Bitcoin reserves on exchanges are at their lowest level in three years. The amount of Bitcoin held on the books of exchanges has dropped from 3.1 million Bitcoin in April 2020 to 2.47 million BTC. According to analysts, this could be bullish for Bitcoin if the demand shoots up because that could create a supply shock.

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“The prize pool includes two million Dogecoin, 200 Ethereum and 20 Bitcoin, so only 220 guests could receive a Bitcoin or Ethereum cryptocurrency prize,” the company website revealed.
The bears are attempting to sink the price below the moving averages as of Nov. 1. If that happens, the XRP/USDT pair could again drop to the strong support at $1. This is an important level to keep an eye on because a break below it may pull the price to $0.85.

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On the trading charts, SHIB is showing remarkable resilience against the market correction.

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“The SEC and Commodity Futures Trading Commission have shown they are going to be deliberate but open-minded about the crypto-related funds they are willing to allow, and the past week has shown there is demand for these kinds of products,” Steven McClurg, chief investment officer at Valkyrie Funds.

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    Comparing meme coins— Shiba Inu and Dogecoin, Hitesh Malviya, founder of itsblockchain.com, a Blockchain publication told indianexpress.com that “Shiba’s entry into decentralised finance world has made the coin better as compared to Dogecoin, in the long run. However, we could see a major correction in Shiba Inu, as it is overvalued at this time.”

    As of now, around 394.796 trillion Shiba Tokens are in circulation with a market capitalisation of $7 billion (approx £4.9 million). If you want to get your hands on Shibu Inu, you can currently buy in platforms like Binance, Huobi Global, OKEx, Hotcoin Global, and MXC.COM. Also, you can use Ethereum to swap into Shiba Inu tokens on Uniswap’s exchange.
    Bitcoin, Ether Values Show Little Movement as Shiba Inu Continues to Shine in the Meme Coin War

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    Business News›Markets›Cryptocurrency›Top cryptocurrency prices today: Solana, XRP soar 11% each, Shiba Inu tanks 7%

    SafeMoon investors are also watching and waiting for a major exchange like Kraken or Binance to list their favorite meme coin. If this happens, it will bolster the profile and liquidity of the token and could be a catalyst for gains. So far it trades on Gate.io, BitMart and a few others. Bitcoin NewsEthereum NewsNFT NewsDeFi NewsAltcoin NewsBlockchain NewsPress ReleasesSponsoredCryptonews DealsIndustry TalkICO news FeaturesOpinionsPeople In Crypto Bitcoin VideosEthereum VideosAltcoin VideosBlockchain VideosICO VideosMarket VideosSecurity VideosTrading Videos BitcoinEthereumAltcoinsBlockchainNFTCryptocurrencyDealsICOs / STOs / IEOsTrading Tools News + Bitcoin NewsEthereum NewsNFT NewsDeFi NewsAltcoin NewsBlockchain NewsPress ReleasesSponsoredCryptonews DealsIndustry TalkICO news Exclusives + Videos + Bitcoin VideosEthereum VideosAltcoin VideosBlockchain VideosICO VideosMarket VideosSecurity VideosTrading Videos Guides + BitcoinEthereumAltcoinsBlockchainNFTCryptocurrencyDealsICOs / STOs / IEOsTrading Tools Exchanges Market Cap Price Tracker Podcast English Deutsch Français Русский Türkçe Nederlands Italiano العربية فارسی 中文 Español Português Cryptonews News SafeMoon Stumbles While HUH Token Takes Off 29 Oct 2021 · 3 min read SafeMoon Stumbles While HUH Token Takes Off
    When Bitcoin prices went parabolic in 2017, for instance, traders piled into GBTC, sending the NAV to a premium of more than 100%. Typically, the Grayscale Bitcoin Trust has traded at a premium.

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    The whale was one of the biggest winners in Shiba Inu, with a $3,400 investment last year turning to over $2 billion.

    ETFs typically trade very closely to their net asset value (NAV), meaning what you buy is what you get. However, GBTC can trade at a significant discount or premium, meaning that, depending on the time, you might be buying into Bitcoin for far less, or far more, than it's actually worth.
    Binance Smart Chain has also become a success story of its own and is now being pitted against the Ethereum network as well for its smart contract and Defi support for a cheaper transaction exchange method. As the Ethereum network has become costlier to use, the bull seasons native chain gained a lot of traction for the same functionalities. At one point it was processing 4 times the transaction of the Ethereum network. Essentially, smaller transactions in comparison to larger investments are extremely difficult to send from wallet to wallet. Sending $10 in the form of any ERC-20 token can cost upwards of 400% of the transaction fee. Why would anyone spend $50 just to send $10? That is the issue with Ethereum.

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    Despite this, Safemoon has a small but fiercely loyal base of fans who continue to hold the token for the long term. This fanbase has kept the price of Safemoon above zero, despite a sudden drop from all-time highs in April and May of 2021.

    REGULATION & HIGH RISK INVESTMENT WARNING: Trading Forex, CFDs and Cryptocurrencies is highly speculative, carries a level of risk and may not be suitable for all investors. You may lose some or all of your invested capital, therefore you should not speculate with capital that you cannot afford to lose. The content on this site should not be considered investment advice. Investing is speculative. When investing your capital is at risk. Please note that we do receive advertising fees for directing users to open an account with the brokers/advertisers and/or for driving traffic to the advertiser website. Telegram Remember me {{{error}}} Forgot your password?
    In this article, we’ll explore our SafeMoon Price Prediction in detail. We’ll touch on what SafeMoon is and how it works before highlighting the best place to invest in cryptocurrency right now – with no commissions! SafeMoon Price Prediction 2021 to 2022SafeMoon Price History – the Story of 2021 So FarSafeMoon Price ForecastTechnical AnalysisFundamental AnalysisSafeMoon Price Prediction 2025 – Long Term OutlookSafeMoon Price ChartWhere to Invest in SafeMoonSafeMoon Price Prediction – ConclusionFAQsWhat is the price of Safemoon right now?What drives the price of Safemoon?Where can I buy Safemoon?Why is Safemoon going down?What will Safemoon be worth by 2022?What will Safemoon be worth in 2025?

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Even though many coins are on an uptrend, Bitrise is worth considering as thousands of Shiba Inu and Safemoon holders have joined since its release.

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Mr Jobson said: "FOMO (fear of missing out) helps propel the price of cryptos like Shiba Inu which has an intrinsic value of zero, and tweets from high profile individuals who have a significant influence on crypto market movements help fuels the hype train.

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