Safemoon price prediction 2024-2030: Does Safemoon have a future?

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%. 

SFM/USD chart. Image source TradingView

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 price prediction 2024-2030: Does Safemoon have a future?
Safemoon price projections 2024-2030

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

Saffemoon v2 price history. Image source: Coinstats
  • 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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