SafeMoon was designed to reward long-term holders and charges sellers a 10% fee, with part of that fee going back to existing holders.
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First launched on the Build and Build (BNB) chain in March 2021, SafeMoon can now be bought on some exchanges such as Pancakeswap.
Though some may claim SafeMoon is resistant to manipulation, others note the dramatic volatility and fall of SafeMoon's price in 2022 as potentially unusual trading behavior. Investors should conduct thorough research before making all investment decisions, including and especially those involve cryptocurrencies.