Key takeaways:
- Our Safemoon price prediction anticipates a high of $0.00004 by the end of 2024.
- In 2025, it will range between $0.000053 and $0.000065, with an average price of $0.000054.
- In 2030, it will range between $0.00035 and $0.00043, with an average price of $0.00036.
Safemoon V2’s name is associated with “to the moon” in the cryptocurrency communities. Since its listing, the project has been a roller coaster, from high returns to initial investors to the filing for bankruptcy and eventual acquisition by the VGX foundation.
As the Chapter 7 proceedings go on, investors wonder what will become of the Safemoon V2 (SFM) token. Will SFM moon under new administration? What will become of Safemoon V2’s products and the recompensation of early investors? While the bankruptcy case continues, we explore SFM’s price trajectory through technical analysis.
Overview
Cryptocurrency | Safemoon V2 |
Ticker | SFM |
Current price | $0.0000328 |
Market cap | $18.55 million |
Trading volume | $29,511 |
Circulating supply | 556.62 billion |
All-time low | $0.0000002149 on Dec 21, 2021 |
All-time high | $0.0007232 on Jan 4, 2022 |
24-hour high | $0.00003349 |
24-hour low | $0.0000312 |
Safemoon V2 price prediction: Technical analysis
Metric | Value |
Volatility (30-day variation) | 7.55% |
50-day SMA | $0.00003463 |
200-day SMA | $0.00005114 |
Sentiment | Neutral |
Fear and greed index | 28 (Fear) |
Green days | 9/30 (30%) |
Safemoon V2 price analysis: SFM in consolidation
As of the time of writing (August 19), Safemoon V2’s value has varied, offering clues about its market performance. On the last day, the token’s value fluctuated between $0.00003349 and $0.0000312, signifying high trading activity and investor engagement.
SFM/USD 1-day chart analysis
Taking a wider view, SFM has seen a 2.73% decrease in performance in the past week, indicating a sense of bearish momentum during this time frame. Nevertheless, the token has encountered more notable obstacles in the past month and year, experiencing declines of over 70%.
On the daily chart, SFM has remained in consolidation over the last month, with short candles that indicate indecision among trailers. Notably, the coins trading volumes dropped drastically from Jul 24, 2024
SFM technical indicators: Levels and action
Daily simple moving average (SMA)
Period | Value ($) | Action |
SMA 3 | 0.00003219 | BUY |
SMA 5 | 0.00003255 | BUY |
SMA 10 | 0.00003370 | SELL |
SMA 21 | 0.00003559 | SELL |
SMA 50 | 0.00003463 | SELL |
SMA 100 | 0.00003978 | SELL |
SMA 200 | 0.00005114 | SELL |
Daily simple exponential moving average (EMA)
Period | Value ($) | Action |
EMA 3 | 0.00003210 | BUY |
EMA 5 | 0.00003264 | BUY |
EMA 10 | 0.00003362 | SELL |
EMA 21 | 0.00003467 | SELL |
EMA 50 | 0.00003637 | SELL |
EMA 100 | 0.00004155 | SELL |
EMA 200 | 0.00005334 | SELL |
What can we expect from SFM price analysis next?
The combination of technical indicators and chart analysis suggests that Avalanche is consolidating with traders fearful about the current market condition.
Moreover, the William Alligator trendlines, which measure volatility, are tightening, indicating reduced price movement. This often precedes a significant breakout, and with resistance at $0.0000386, a break above this level could see SFM retesting the $0.0000402 mark.
Is Safemoon V2 a good investment?
Safemoon V2 performed poorly in the first half of 2024 despite being acquired by the VGX foundation. Looking ahead, it will rise from the current lows as it corrects. Explore Cryptopolitan’s price prediction to learn about the coin’s trajectory from 2024 to 2030.
Why is Safemoon V2 down?
Safemoon V2 is down due to the general bearish crypto market sentiment and possibly the bankruptcy case facing the project.
Will Safemoon V2 recover?
Safemoon V2 will recover, noting that the VGX foundation is working to revive the project and has even recruited developers to work on it.
Will Safemoon V2 reach $0.00005?
According to the Cryptopolitan price prediction, SFM will reach $0.00005 in 2025, with a maximum price of $0.000065 for the year.
Will Safemoon V2 reach $0.0001?
According to the Cryptopolitan price prediction, SFM will reach $0.0001 in 2027, with a maximum price of $0.00013 for the year.
Will Safemoon V2 reach $0.001?
It remains highly unlikely that SFM will cross the $0.001 mark before 2030.
Does Safemoon V2 have a good long-term future?
According to Cryptopolitan price predictions, SFM will trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.
Recent news
After filing for bankruptcy, the VGX foundation acquired Safemoon V2, intending to leverage Safemoon V2’s products to enhance both ecosystems.
Safemoon V2 price prediction August 2024
For August, SFM will trade between $0.000030 and $0.000035, with an average price of $0.000032.
Month | Potential low ($) | Potential average ($) | Potential high ($) |
August | 0.000030 | 0.000032 | 0.000035 |
Safemoon V2 price prediction 2024
As the second half of 2024 unfolds, we anticipate it will trade between $0.000030 and $0.000040, with an average price of $0.000038.
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2024 | 0.000030 | 0.000038 | 0.000040 |
Safemoon price predictions 2025 – 2030
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2025 | $0.000053 | $0.000054 | $0.000065 |
2026 | $0.000074 | $0.000076 | $0.000090 |
2027 | $0.000114 | $0.000117 | $0.000130 |
2028 | $0.000165 | $0.000171 | $0.000202 |
2029 | $0.000244 | $0.000253 | $0.000289 |
2030 | $0.000350 | $0.000360 | $0.000431 |
Safemoon V2 price prediction 2025
The Safemoon V2 price prediction for 2025 is a high of $0.000065. It will reach a minimum price of $0.000053 and an average price of $0.000054.
Safemoon cryptocurrency price prediction 2026
The Safemoon V2 price forecast shows it will range between $0.000074 and $0.000090, with an average price of $0.000076.
Safemoon price prediction 2027
Safemoon V2 price prediction climbs even higher into 2027. According to the predictions, it will range between $0.000114 and $0.00013, with an average price of $0.000117.
Safemoon V2 price prediction 2028
Our Safemoon forecast indicates a further acceleration in the price. It will trade between $0.000165 and $0.000202 and have an average of $0.000171.
Safemoon V2 price prediction 2029
According to the SFM coin price prediction for 2029, the price of SFM will range from a minimum price of $0.000244 to a maximum price of $0.000289. The average price will be $0.000253.
SFM price prediction 2030
According to the Safemoon V2 price prediction for 2030, SFM price will range from $0.00035 to $0.000431, with an average price of $0.00036.
Safemoon V2 market price prediction: Analyst’s SFM price forecast
Platform | 2024 | 2025 | 2026 |
Digitalcoinprice | $0.0000684 | $0.0000818 | $0.000114 |
Swapspace | $0.00000266 | $0.0000180 | $0.0000518 |
Gate.io | $0.0000330 | $0.0000338 | $0.0000373 |
Cryptopolitan’s SFM price prediction
Our predictions show that SFM will achieve a high of $0.00004 in the second half of 2024. In 2025, it will range between $0.000053 and $0.000065, with an average of $0.000054. In 2030, it will range between $0.00035 and $0.00043, with an average price of $0.00036. Note the predictions are not investment advice. Seek independent professional consultation or do your research.
Safemoon V2 historic price sentiment
- Safemoon V2 launched on 8 March 2021 with an initial price of $0.000000001. By April 20, its value had surged to $0.00001399, a 785% increase.
- The mega-boom was short-lived, however. By the end of April 2021, the token had lost 61% of its market value.
- December 2021 was a defining month for Safemoon V2, as the development team launched Safemoon V2 V2 and consolidated the coin’s value on a 1000:1 ratio.
- SFM v2 opened trading at $0.001639 on December 16 and ended the month at $0.002558 – a 56% price increase attributable to the positivity surrounding the V2 migration.
- Safemoon V2 V2 gained momentum at the start of January 2022, soaring to $0.004798. However, the Safemoon V2 token’s value declined steadily afterward, and by the end of February 2022, it had lost 77.9% of its value.
- 2022 closed with SFM trading at $0.00022.
- Through 2023, SFM was bearish. In October, it drastically fell from $0.0001749 to $0.000052 in days.
- At the time, the US Securities and Exchange Commission (SEC) announced charges against Safemoon V2, its creator, Kyle Nagy, the company’s CEO, John Karony, and CTO Thomas Smith, for allegedly orchestrating a ‘massive fraudulent scheme.’
- By December, it had fallen to $0.00004.
- On December 23, Safemoon V2 US, LLC filed for Chapter 7 bankruptcy and appointed Ellen E. Ostrow to oversee the liquidation of Safemoon V2’s assets and pay off creditors.
- The market corrected in the first quarter of 2024. Notably, on March 27, SFM rose from a low of $0.0000457 to a peak of $0.0002148 on the 29th.
- It assumed a bear run afterward, falling to as low as $0.0000295 in July.
- In August, it traded at the $0.00003 mark.
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