Safemoon V2 (SFM) has been paid in the spotlight again after an increase of 115 % over the past 48 hours.
with SFM price Currently at 0.00007457 dollars, investors who have lost almost all of their investments have become when the project went a few years ago now optimistic about the recovery of their investments, while some expected the code to reach a mark of $ 0.0001.
The turbulent Safemoon trip, which makes investors careful
Safemoon was obtained by FGX Foundation after being arrested from its founders on charges of fraud and money laundering fees in 2023.
FGX Foundation, which has also received the main assets of Voyageer Digital LLC after bankruptcy, is currently adapting the Safemoon products to support and enhance Safemoon and VGX Ecosystems.
Safemoon V2, which was launched in 2021, has been active after the VGX founded with the institution that begins rebuilding the various decentralized applications of Safemoon V2 including Safemoon swap, Safemoon and Safemoon Wallet Tracker Pro.
The original symbol of Safemoon, SFM, remained actively traded in the encryption market despite its collapse after the founders arrested and deposited bankruptcy, Chapter 7.
The final nail was put to the Binance that deleted the distinctive symbol in 2024, causing panic among investors.
However, on January 22, 2025, Safemoon announced that Mexc is expected to re -empower $ SFM deposit that causes excitement among investors.
Exciting news: Mexc is expected to re -enable $ SFM Deposits! For more information, follow Mexc_official. Make sure to review mexc and back down from their official advertisement! 🔗Mexc.com/exchange/sfm_u ..
#Safemoon #safemoonarmy #MEXC
What next to Safemoon symbol?
The market performance of Safemoon V2 Token, SFM provides a mixed bag of signals.
With the presence of the markets of the market of 38,518,579 dollars and 24 -hour trading volume of 91,698.39 dollars, the distinctive symbol shows great fluctuations, which is unexpected in the encryption space.
However, the highest level at all times of $ 0.003383 in January 2022 contrasts with a decrease at all at $ 0.00001638 a few days ago.
Although the current price increase can be attributed to speculative trade, community support, or wider market trends, keeping momentum to reach $ 0,0001 will require more than just market morale.
Mexc news that is likely to redirect SFM deposits may indicate a vote with confidence from this exchange, indicating that despite legal challenges, some platforms still see the value in supporting Safemoon V2.
This can increase liquidity and access, and may help collect the price.
Another “Safemoon” code was launched on Solana
Interestingly, there is a new development in Safemoon Saga with unauthorized launch of a distinctive symbol called Safemoon on Solana Blockchain.
This symbol does not have official support from the Safemoon team, which explicitly warned against its use, noting brand issues.
#safemoonarmyWe have realized a new symbol launched on Solana using the name Safemoon – Please note that this symbol was not released by the group that has the origins of Safemoon, and is not approved by the former or current SAFEMONON owners. The new symbol has no …
However, this new symbol drew the attention of the encryption community, especially with the participation of a famous investor known as Hank on X.
Hank manages the SAFEMON code based on Solana by purchasing a large part of the offer, burning it, locking a large part of its supply -41.01 % burned and 8.39 % closed-to maintain the price height.
It has just closed 3.39 % of the offer (currently $ 61,000) so that there was no 8 % sitting on the wallet. This was asked by many people inside “Solana Meme, Safemoon Community. I have now closed a total of 8.39 % of symbolic supply for 5 months and burned …
This aggressive symbolic strategy aims to create a scarcity, but also adds a layer of complexity and confusion to the Safemoon brand, which may affect the original Safemoon V2 path.
Post Safemoon: What can be expected with the launch of the new Solana icon, first appeared on Invezz
