SafeMoon is a newcomer to cryptocurrency and was launched in early 2021 and created on the Binance Smart Chain (BSC) blockchain. It is often referred to as an alternative coin or a BEP-20 coin. Since its inception, SafeMoon seems to be highly desirable and rivals the infamous Bitcoin.
This cypto, SafeMoon, first gained attention due to its high volatility and transaction fees. Essentially, SafeMoon, unlike other cryptocurrencies tends to focus on the long-term value of the asset. Ultimately, it encourages the holder of the token to keep the currency for longer.