Seeking Alpha
2021-12-13 13:51:40

SafeMoon implements V2 upgrade, new wallet features; tokens dip

SafeMoon (SAFEMOON-USD) CEO John Karony on Sunday said its V2 upgrade is live, as well as some new features in the wallet, according to his tweet. The much-awaited upgrade will reduce the supply of safemoon (SAFEMOON-USD) coins in circulation by a factor of 1K without affecting overall user balances. Still, meme-based safemoon (SAFEMOON-USD) tokens slip 11% so far on Monday to $0.0000015, changing hands as the 219th largest digital coin by market cap, according to data from CoinMarketCap. Meanwhile, Bitcoin (BTC-USD -2.6%) and ethereum (ETH-USD -1.7%) slump to start off the week. Recall towards the end of August, SafeMoon tokens rose ahead of its wallet launch.

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