Safemoon 1996 Price

There are two schools of thought when it comes to determining the price of a cryptocurrency like Safemoon 1996.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Safemoon 1996, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Safemoon 1996.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Safemoon 1996 on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Safemoon 1996.
Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Safemoon 1996 and the broader cryptocurrency market.

Safemoon 1996 achieved the all-time high of $0.04373 in 2022-11-23, and is currently trading at $0.001436.

Safemoon 1996 reached its all-time low of $0.0008367 on 2023-05-17.

The current market cap of Safemoon 1996 is --, as -- SM96 is trading at the price of $0.001436.

There are currently -- SM96 circulating in the market. These Safemoon 1996 can be actively traded or used in the open market.

The maximum supply of SM96 is 10M , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Safemoon 1996 is $14.36K. The FDV is calculated taking the assumption that all supply of Safemoon 1996 is circulation, multiplied by its current price of $0.001436.

Using an algorithm to automatically identify historical data trends, this Safemoon 1996 price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Safemoon 1996 offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Safemoon 1996 and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Safemoon 1996.

You can buy Safemoon 1996 via Gate by following the steps on how to buy SM96 once you have funded your account.