SafeMoon, which has received generally positive comments since its establishment in March and whose popularity has increased day by day, especially with the support of celebrities such as YouTuber Jake Paul and artist Lil Yachty, lost 70% in a month, but despite this, it invested in 25,568 new investor coins in 2 weeks. The number of users, which was 2,905,468 on November 22, rose to 2,931,036 on December 6th.
Safemoon, which is trading at $0.000001336 at the time of writing, has experienced a 12.40% decrease in the last 24 hours, while the total market value of the coin is currently $780,410.
Despite being ranked 225th according to CoinMarketCap data and having a market cap of less than $1 million, SafeMoon, which has a large online following, continues to be remarkable in this respect.
As of December 5th, SafeMoon was ranked 8th among the top 10 cryptocurrencies mentioned on Twitter this week. The token is currently in the top 10 with Bitcoin (BTC), Shiba Inu (SHIB), and Ethereum (ETH). In addition, SafeMoon, which is one of the most followed cryptocurrencies with 1.2 million followers on Twitter, has overtaken Solana, which is the 5th largest cryptocurrency by market value and has 1 million followers.
On the other hand, SafeMoon is among the coins that got its share from BitMart, which was hacked recently. Making a statement on the subject, SafeMoon CEO John Karony, in a tweet he shared,
BitMart has been hacked. We are working with them to rectify the situation. SafeMoon Products are safe (SWaP and Wallet). Please stay tuned as we learn more. PS: I’m currently on Discord. Thank you.
shared your message. Jerome Allen shared the effect of the Bitmart attack on the coin in a tweet he shared:
Bitmart hacked and Bitmart exchange #Safemoon 29.4 T found in his hot wallet #Safemoon sold. A similar event is said to be happening with other tokens on Bitmart. @CptHodl announced that this situation has nothing to do with V2.#SafemoonArmy
— Jerome Allen (@SafeMoonWalkers) December 5, 2021
*Not Investment Advice.