We dont know what when use case scenarios will be fully functional (gambia, safemoon card, NFTs, games, etc) We dont know what the circulating supply will be.
SAFE MOON PRICE PREDICTIONS FREE
In the future, we might have our own blockchain, that would free us from BNB Right now our total market cap is strongly linked to BNB, there will be a little wiggle room because of bridges, but not that much. We cant make any reasonable predictions about SFM price in the future because the list of undefined variables is too large. Hope it opens some of ur guyses eyesĪccording to one random tweet from papa 'safemoon will have a circulating supply of 100m in 2 years.'Īnd according to followups from the dev team 'that was just a made up number to illustrate a point' and 'maybe 75 trillion but we havent settled on a number yet' Also maybe someone better at math than me can calculate market cap decrease based on circulating supply decrease. If anyone want to repost or ask questions feel free to do so. It’s really hard to explain but summarized, SM has such potential like it’s just insane. But if we maintain high circulating supply, market cap will increase and hence price along with it. Meaning if we bring down token supply to 100M it is really hard for SM to maintain 3.22B market cap, hence its hard to get 32.2 Dollars (not impossible tho). But also the lower the circulating supply, the lower the market cap, hence once again possibility for high price. The higher the circulating supply the higher market cap, hence possibility for price to be high.
And market cap depends on circulating supply and price. But why do I call it a paradox?īecause of the burn system (tokenomics) SM has, market cap won’t be as high as today (or maybe it will, who knows) because the circulating supply will shrink. If u take a calculator and do that you can see SM can reach 32.2 DOLLARS and that is just insane. Price = (today’s market cap) 3.22B/(future circulating supply) 100M We can calculate price when that happens. It’s just matter of time but it WILL 100% happen.
Not everyone understands why this is the future of crypto.Īccording to SM dev team, we will (eventually) hit 100M circulating supply, if not less. And here is where people really need to understand the magnitude of the token. Price is defined by market cap divided by circulating supply. Meaning the higher the price and the more tokens out there, the higher market cap.īut that’s not what we care about, we care about the price right? So a simple math problem. Market cap is defined by price times circulating supply. I’ll comment below the op so more people can see. I just find it highly improbable that Safemoon cannot burn down to 100 million tokens in 2 years time (less if everything goes ok). blockchain soon after along with the exchange and project Pheonix. When you factor in everything Safemoon devs have in store to be released (and they seem to be ahead of schedule in some areas too) - Bridges are done and have gone live TODAY, Safemoon Wallet is coming by the end of July. and 2 years is a REALLY long time in crypto space (especially for Safemoon which has seen unprecedent speed of growth/evolution - and things will be moving faster from this point on too). $20 billion in daily volume is something Doge coin is enjoying without having any viable utility or use (unlike Safemoon). No, he DID say we can burn down to 100 million tokens in 2 years.Īlso, if you take SafemoonMarks' calculator, you can clearly see that if Safemoon gets to $16 billion in daily volume, we could burn through the rest of the tokens (over 500 trillion) in less than a week.
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