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SafeShiba Price (SAFESHIB)
$0.00001087
0.00%
Rank #7408
SafeShiba Price Chart (SAFESHIB/USD)
Last updated 22 Jun 2022, 09:11AM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
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SAFESHIB Price Statistics
$0
24H Range
$0
- SafeShiba Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $3,781
- Market Cap Rank #0
- Market Cap $0
- Volume / Market Cap 0.0000
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All-Time High
$0 -94.87%
May 19, 2022 -
All-Time Low
$0 3.46%
Jun 16, 2022
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Exploring SafeShiba Cryptocurrency
What is SafeShiba Cryptocurrency?
SafeShiba is a relatively new cryptocurrency that has gained significant attention in the digital currency space. It is a decentralized, community-driven token built on the Binance Smart Chain (BSC) network. SafeShiba has garnered a dedicated following due to its unique features and potential for high returns.SafeShiba's Key Features
SafeShiba cryptocurrency stands out for several reasons:- Reflection Mechanism: SafeShiba holders are rewarded passively simply by holding the token in their wallets. This is made possible through a reflection mechanism that redistributes a portion of every transaction to holders. As a result, the number of SafeShiba tokens in your wallet can increase automatically over time.
- Liquidity Pool: SafeShiba ensures a healthy liquidity pool by allocating a percentage of each transaction to a liquidity pool on PancakeSwap. This helps maintain the stability and reliability of the token, enhancing the overall trading experience for holders.
- Deflationary Tokenomics: SafeShiba has a limited total supply of 1,000,000,000,000,000 tokens, preventing excessive inflation. Moreover, a portion of the tokens is burned regularly, effectively reducing the total circulating supply and potentially increasing the value of the remaining tokens.
- Community Governance: SafeShiba empowers its community by allowing token holders to actively participate in shaping its future. Holders can propose and vote on changes, helping to ensure that the community's interests are always prioritized.
Investing in SafeShiba
Investing in SafeShiba cryptocurrency has become increasingly popular among individuals looking to diversify their portfolios. However, it is crucial to conduct thorough research and exercise caution before investing in any cryptocurrency. Here are a few key considerations:- Due Diligence: Familiarize yourself with the project, its whitepaper, and the team behind SafeShiba. Understanding the tokenomics, goals, and potential risks involved will help you make informed investment decisions.
- Market Analysis: Analyze market trends, including historical data, trading volumes, and price movements. Although predicting the future is impossible, these analyses can provide valuable insights into SafeShiba's potential performance.
- Risk Management: Only invest what you can afford to lose. Cryptocurrency investments, including SafeShiba, can be highly volatile and involve risks. Diversifying your investments across various assets can help mitigate potential losses.