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SafeMoon LLC was a cryptocurrency and blockchain company created in March 2021. [2] The company created the SafeMoon token (SFM) which traded on the BNB Chain blockchain. [3] [4] [5] The token charged a 10% fee on transactions, with 5% redistributed (or reflected) to token holders and 5% directed to wallets in a different currency, Binance Coin (BNB), controlled by the coin's authors.
The founders wanted a coin that would ensure “safe” gains and prevent the inevitability of bubbles. SafeMoon crypto developers have a long-term vision for the future success of the cryptocurrency.
BitConnect was described as an open source, all-in-one bitcoin and crypto community platform but was later discovered to be a Ponzi scheme. 2018 KodakCoin: Kodak and WENN Digital Ethash [76] KodakCoin is a "photographer-centric" blockchain cryptocurrency used for payments for licensing photographs. Petro: Venezuelan Government: onixCoin [77 ...
That caused a significant decline in XRP's market capitalization and created chaos on the markets. [2] [3] According to Bloomberg, in November 2019, Coinmarketcap introduced a Liquidity metric designed to combat fake trading volume. [4] In April 2020, Binance, a cryptocurrency exchange, acquired Coinmarketcap for an undisclosed amount.
A cryptocurrency, crypto-currency, or crypto[ a] is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. [ 2] It has, in a financial point of view, grown to be its own asset class.
Dogecoin ( / ˈdoʊ ( d) ʒkɔɪn / DOHJ-koyn or DOHZH-koyn, [ 2] Abbreviation: DOGE; sign: Ð) is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time. [ 3] It is considered both the first "meme coin ...
What are altcoins? An altcoin is an alternative cryptocurrency to Bitcoin, which itself was the only crypto coin at one point in time. During its early years Bitcoin dominated the field so much ...
On January 16, 2018, the cryptocurrency token Bitconnect (BCC) plummeted in value after from a high of $331 to $21 within six hours, its market cap declining from a high of $2 billion to $130 million. Bitconnect, which promised 1% daily returns through a "crypto-currency trading bot" was forced to close.