Cryptocurrencies
Crypto SafeMoon’s Rules to Tamp Down Selling Raise Red Flags
- Entry, exit fees of 10% designed to keep investors holding on
- Manual coin burns suggest ‘manipulation risk’: London Capital
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To investors hunting for the next Dogecoin, the more than 19,000% price gain that cryptocurrency SafeMoon posted in its early weeks was like catnip. Though the price of the four-month-old token has dropped since then, more than 2.4 million investors have bought it, according to its developers.