{"id":14208,"date":"2021-11-28T11:39:34","date_gmt":"2021-11-28T10:39:34","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=14208"},"modified":"2021-11-28T11:39:47","modified_gmt":"2021-11-28T10:39:47","slug":"will-the-safemoon-v2-upgrade-take-the-price-to-0-1","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/will-the-safemoon-v2-upgrade-take-the-price-to-0-1\/","title":{"rendered":"Will the SafeMoon V2 upgrade take the price to $0.1?"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\">After SafeMoon price hit an <a href=\"https:\/\/coinscreed.com\/staging\/safemoon-price-surges-as-bulls-re-enter-the-crypto-markets.html\" data-type=\"post\" data-id=\"5988\">all-time high<\/a> seven months ago, the token price has since then witnessed a downturn of nearly 75%. The version 2 (V2) upgrade looks promising in terms of a spike in price as tokens are being burnt leading to a supply drop.<\/h5>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"848\" height=\"494\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/image-101.png\" alt=\"Will the SafeMoon V2 upgrade take the price to $0.1?\" class=\"wp-image-14209\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/image-101.png 848w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/image-101-300x175.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/image-101-768x447.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/image-101-750x437.png 750w\" sizes=\"(max-width: 848px) 100vw, 848px\" \/><\/figure><\/div>\n\n\n\n<p>SafeMoon's supply has shrunk to 571,000,000,000, and the token's price is likely to rise as the <a href=\"https:\/\/www.google.com\/search?q=Will+the+SafeMoon+V2+upgrade+take+the+price+to+%240.1%3F&rlz=1C1SQJL_enNG889NG889&oq=Will+the+SafeMoon+V2+upgrade+take+the+price+to+%240.1%3F&aqs=chrome..69i57j33i160l5.1990j0j9&sourceid=chrome&ie=UTF-8\" target=\"_blank\" rel=\"noopener\">quantity shrinks<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>.<\/p>\n\n\n\n<p>A decline in supply or the installation of a burn policy has historically fueled a bullish narrative in the token's price.<\/p>\n\n\n\n<p>SafeMoon reached a new all-time high a few months ago, but the token's price has subsequently plummeted by about 75%.<\/p>\n\n\n\n<p>Holders are waiting for the V2 upgrade's launch date to be announced. The price of SafeMoon has dropped 16 percent in the last week and nearly 20% in the last two weeks.<\/p>\n\n\n\n<p>A petition to rename Jazz Arena in Salt Lake City, Utah, to &#8220;<a href=\"https:\/\/coinscreed.com\/staging\/will-safemoon-blockchain-get-safemoon-to-1.html\" data-type=\"post\" data-id=\"4639\">SafeMoon Arena&#8221;<\/a> has received 4,878 signatures from the SafeMoon community.<\/p>\n\n\n\n<p>SafeMoon intends to headquarter its operations in Utah in the future. As a result, SafeMoon's headquarters will be in the Vivint Arena (Jazz Arena).<\/p>\n\n\n\n<p>An optimistic spike in RSI has been seen by cryptocurrency analysts on the YouTube channel &#8220;SafeMoon Army.&#8221; After over a month of decline in the token's price, analysts see $0.000004 as the first objective.<\/p>\n\n\n\n<p>The analyst has identified $0.00000271 as the base, and the RSI is rising in tandem with the increase in <a href=\"https:\/\/coinscreed.com\/staging\/major-russian-bank-tinkoff-investments-explores-crypto-investment-amid-strong-demand.html\" data-type=\"post\" data-id=\"12955\">buyer demand<\/a>, providing support for a SafeMoon price comeback.<\/p>\n\n\n<p><\/p>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After SafeMoon price hit an all-time high seven months ago, the token price has since then witnessed a downturn of nearly 75%. The version 2 (V2) upgrade looks promising in terms of a spike in price as tokens are being burnt leading to a supply drop. SafeMoon&#8217;s supply has shrunk to 571,000,000,000, and the token&#8217;s [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":14209,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81],"tags":[5443,5559,5549,5556,5558,5557],"class_list":["post-14208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-news","tag-altcoin-2","tag-burning","tag-memecoin-2","tag-safemoon-2","tag-token-price","tag-v2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/image-101.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/14208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=14208"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/14208\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/14209"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=14208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=14208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=14208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}