What is the Safemoon Market Cap today? Safemoon is among the very first cryptocurrencies on the binance smart chain to gain much attention. Attention is gained mainly from the social media platform Tik Tok and Twitter. You can visit their official website https://safemoon.net/ to learn more about the coin.
Safemoon Market Cap
The current Market Cap for Safemoon is $1,776,042,711.29. Its diluted market cap is $3,033,189,419.47.
Why has SafeMoon dropped?
The Safemoon coin has dropped in value in the last 24 hours along with a number of several other cryptocurrencies. The drop in the value of the coin was a as result of the news that China banned financial institutions and payment companies from providing services related to cryptocurrency transactions.
Where can I buy Safemoon Coin?
Below is how you can buy the Safemoon coin.
- Open a Binance account. The first step to buying Safemoon is creating a Binance account. This is because safemoon is a new and controversial cryptocurrency token. Popular exchange platform like coinbase and Gemini do not yet support the asset on their platform. Ypou can open an account on the binance official site.
- Now you have to download Metamask or Trust Wallet. This is the software wallet you are going to need. Once you download the app on your device, open it and create a software wallet. You will be given a mnemonic code of which you should keep to heart to help recover your account.
- Once your wallet has been created, go to the Binance website and buy binance to your software wallet. Navigate to the browser on the trust wallet or Metamask and search for pancakeswap. On pancakeswap, connect your wallet.
- Now you need to add a safemoon wallet to your portfolio. To do this, open the Trust Wallet or Metamask and tap on the add button. Next, enter the contract address 0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3.
- Once the software wallet has been added, you can go to pancakeswap and purchase the coin. To do this, open pancake swap, on the second column, enter the contract address 0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3. Import the coin and enter the amount you wish to buy. The price will be reflected in bnb. Once so, click on the swap button, approve the swap and enter your password.
It’s as easy as that.