Today we’re going to talk about one of the most popular meme coins in the industry, SafeMoon Inu. Let’s first learn a bit about the community-driven project itself first.
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What is SafeMoon Inu?
SafeMoon Inu is a community-driven token that uses an Anti-PaperHand system and has a 2% payment built-in distributed to holders. This keeps people on the platform and rewards them for holding. SafeMoon Inu is a safe and secure ERC20 token with enormous potential and was founded in 2021.
Moreover, SafeMoon Inu is a community-driven gaming currency and is based on the Ethereum blockchain for peer-to-peer digital transactions and smart contracts. It will even soon allow users to Earn, buy, collect, trade, and sell non-fungible tokens. SMI tokens can be bought from BKEX, UNISWP, and Coinstore, among other exchanges. SafeMoon Inu also provides its users with funny memes and allows exploring the galaxy.
What is SMI PLAY?
SMI PLAY is a Metaverse-gaming platform which allows users to earn cryptocurrency by playing games. They are divided into Standard and Token items. Standard items are not put on the blockchain, so they can’t be traded. This is a video game where you can earn cryptocurrency and gain in-game benefits from holding SMI!
Whereas, Token items are stored on the Enjin platform as fungible or non-fungible tokens on the Ethereum based JumpNet blockchain. There are multiple ways these can be used for. For example, you can use them in games, sell them on a marketplace, or destroy them for cryptocurrency. In addition, users can log in to metaverse with their Ethereum address. The account created is shared across all the games.
Upcoming Moonshot Voyage Beta
The beta for Moonshot Voyage is coming up and will be released on March 11th. This includes free-to-play and play-to-earn game modes, which are free to experience before the full release. This game has given Safemoon Inu utility, leading to higher growth potential than other meme cryptos.
Players can also mint NFTs by playing the game and melting them to increase their JENJ balance. New features are being added all the time, including competitive features to increase your potential to earn.
Moonshot Voyage Beta is coming out on March 11th. To get access to the beta, join the discord channel.
What is SMI?
SMI is the coin of the SafeMoon Inu platform, which is around $0.000006608 by the time of writing. Its current ranking is #1061 according to CoinMarketCap, with a market cap of 6.6 million dollars.
We’ve seen some fluctuation in the SMI price in recent days. Its all-time high is at $0.0002603. However, since 2022 started with the entire crypto market bleeding red, same was expected with SafeMoon Inu. But, with these projects launching in the near future, the extreme upside potential shows there are good days ahead!
SMI Coin Market Analysis
SMI has a max supply of 1,000,000,000,000 coins worth around $0.000007578 with a market volume of 52K dollars, whereas the market capitalization is 7.5 million dollars at writing. Even though the coin’s value is currently low (when seen on the monthly frame), it has done well compared to other coins with large market caps such as Shiba inu, Dogecoin, etc. It’s an undervalued project with the highest earning potential because it is only a $7.5M market cap.
More recently, just after bitcoin jumped over $5,000 in a couple of hours, SafeMoon INU is also up by over 15%. Further, looking at the project we can say, a low market cap coin can have good risk/ reward ratio.
For any time, on-demand analysis on $SMI or any other coin can join our Telegram channel.
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