SafeMoon's CEO John Karony and COO Jack Haines have revealed plans to use Minecraft as a platform to test possible new features.SafeMoon value is up by 1.6% in the past 24 hours.SafeMoon could also be seen as a more serious take on Dogecoin, the tongue-in-cheek altcoin with an unofficial rallying cry of “To the moon” - SafeMoon’s slogan is “Safely to the Moon.” Latest SafeMoon news (Updated June 2) One criticism of cryptocurrencies like Bitcoin is how they’ve strayed from their original goal of providing a working, decentralized currency to simply become investable commodities it’s not clear what, if anything, you’ll actually be able to buy with SafeMoon, but the selling fee is at least encouraging owners not to just buy and sell their tokens for now. SafeMoon’s unique feature is that it charges a 10% fee to anyone who sells their tokens 5% of this fee is then redistributed to all other SafeMoon owners, essentially rewarding those who hang onto their tokens and disincentivizing selling. It launched in March 2021 and has already racked up over 1 million users. SafeMoon is an altcoin: a blockchain-based digital currency broadly similar to Bitcoin, but with some clear distinctions as well. Just in: What is Amazon Sidewalk, and how to opt out.What is Bitcoin? Everything you need to know.Top cryptocurrency by value: Bitcoin, Ether, Dogecoin and more.
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