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SafeMoon Inu

SMI

4.6

Price
$0.00000234
10/4/2022, 3:00:41 AM
diamondHands

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Market

Market stats

Market cap

$2.3M

Volume (24h)

$8,568.66

Circulating supply

1.0T SMI

All time high

$0.000015

Price change (1h)

-0.06%

Price change (24h)

+2.48%

Price change (7d)

-11.1%

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SafeMoon Inu is on the decline this week.

The price of SafeMoon Inu has fallen by 11.10% in the past 7 days. The price increased by 2.48% in the last 24 hours. In just the past hour, the price shrunk by 0.06%. The current price is $0.000002 per SMI. SafeMoon Inu is 83.93% below the all time high of $0.000015.

The current circulating supply is 1,000,000,000,000 SMI.

About

What Is SafeMoon Inu (SMI)?

SafeMoon Inu is a community-driven cryptocurrency project for gaming that allows users to participate in the ecosystem of SafeMoon Inu. According to the website of the asset, the ecosystem is made up of three different products:

  • SMI Play: It is an online gaming metaverse platform that comprises games in which users can participate to earn cryptocurrency in reward. The platform comprises two sets of items, token items and standard items, which participants can use to play the games. The standard items are generic items of the game that facilitate gameplay and are not developed on the blockchain and cannot be used for trading purposes. On the other hand, token items are non-fungible and fungible tokens stored on Enjin’s Ethereum-based JumpNet blockchain. Enjin is an organization that powers the SMI play platform and develops virtual economies using blockchain technology, and JumpNet is their blockchain technology that facilitates the transaction of NFTs. These NFTs or so-called tokenized items of SMI Play can be used by the participant to play the game, trade on the marketplace, or melt them to earn cryptocurrencies. The melting process signifies destroying an asset developed on the blockchain to retrieve the underlying crypto value.

  • MEMES: This is an entertainment galaxy of SafeMoon Inu’s ecosystem developed to provide laughter to the participants, where everyone can work together as a community to explore the galaxy. Thus, SMI is a meme-based token.

  • NFTs: These are digital artworks that participants can trade, earn, collect, and melt within the ecosystem of SafeMoon Inu. These NFTs are available on Enjin’s marketplace. The platform claims that these products allow users to generate income, entertainment value, and NFT collection while participating within the SafeMoon Inu ecosystem. To support these participating activities, the SafeMoon Inu (SMI) token was introduced as a medium of operation for the ecosystem.

SMI is a deflationary token developed from the combination of Doge and SafeMoon cryptocurrencies as per the smart contract audit of the asset. The term deflationary token signifies a mechanism that highlights decreases in the token’s total supply with every token transfer. According to the whitepaper of the asset, SMI is an ERC20 token developed on Ethereum blockchain and serves many different utilities on the platform:

  • The tokens are used to reward token holders for holding the tokens in their wallets.

  • SMI is used to pay a 2% bonus to token holders against transactions that take place on the platform

  • The token is used to participate in the games available on the SMI Play platform.

  • SMI tokens can be used for trading and purchasing NFTs

  • The token provides the provision of winning rare token items and also acquiring statuses like whale, dolphin, and fish depending on the number of tokens held by the token holders. Further, these statuses provide the provision of getting additional rewards, items, etc. Along with this, a portion of the token has been locked in liquidity for a span of six years to vest confidence to token holders. These usages of the token aim to ensure the maintenance of a smooth operating structure within SafeMoon Inu’s ecosystem.

History of SafeMoon Inu (SMI)

The SafeMoon Inu is a community-driven cryptocurrency project with its own gaming platform. This cryptocurrency project was launched on May 13, 2021, while the gaming platform of the project was launched in the third quarter of 2021. The project also released the whitepaper in 2021. According to this whitepaper, the project’s token has a total supply of 1,000,000,000,000.

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FAQ

What is the current price of SafeMoon Inu?

The price of 1 SafeMoon Inu currently costs $0.00000234.

What is the market cap of SafeMoon Inu?

The current market cap of SafeMoon Inu is $2.34M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of SafeMoon Inu?

The all-time high of SafeMoon Inu is $0.000015. This all-time high is highest price paid for SafeMoon Inu since it was launched.

What is the 24 hour trading volume of SafeMoon Inu?

Over the last 24 hours, the trading volume of SafeMoon Inu is $8.57K.

What other assets are similar to SafeMoon Inu?

Assets that have a similar market cap to SafeMoon Inu include Decentral Games ICE, EvidenZ, K21, and many others. To see a full list, see our comparable market cap assets.

How many SafeMoon Inu are there?

The current circulating supply of SafeMoon Inu is 1 trillion.

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