The founder and CEO of eToro Yoni Assia shared a post on Twitter highlighting about his performance in the company. He wrote few words of wisdom on investments saying, “It’s important to diversify your investments in stocks to reduce risk.” An investor immediately replied to Yoni asking if his platform ‘will list SafeMoon anytime soon?’ Yoni was considerate to the question and replied, “Explain what is #safemoon to me.”
SafeMoon enthusiasts jumped on the comments section explaining the DeFi token and Yoni seems to be impressed. Yoni appreciated that SafeMoon holders think for the long term.
“Will you list #SafeMoon after its V2 release? I have many investments on eToro. I am a platinum account holder and would like this added please,” the investor tweeted to Yoni.
The CEO of eToro replied after hearing explanations about SafeMoon. “Great! Sounds like all the investors are long term #HODLers and therefore are happy that we are #HODLing for them until we figure it out – so stop asking for a way to liquidate your holdings unless your are #weakhands!”
This is among the first time a trading platform CEO has commented about SafeMoon and appreciated its concept publicly. Now that eToro’s CEO knows what SafeMoon is, there are possibilities the exchange firm could list it in the future.
Also, eToro can make use of the V2 feature and list it after the launch. SafeMoon is inching towards the 3 million holders mark and eToro can benefit from its vibrant community.
eToro had listed Shiba Inu in July 2021 and also onboarded its rival Dogecoin in May. Both the meme-tokens are among the highly traded cryptos on the exchange platform.
SafeMoon V2
SafeMoon will be upgraded to V2 but the launch date has not been announced yet. However, the DeFi token has started a V2 upgradation countdown on social media. SafeMoon’s official Twitter handle extended the phrase “V2 coming soon” to its name and began the countdown.
V2 involves getting upgraded contracts that have the ability to change its consolidation formula. For the uninitiated, consolidation is a DeFi feature that SafeMoon refers to as ‘reverse stock splits’. In conclusion, consolidation is a way to clean up the numbers by not changing the ownership rights of the investors.
At the time of publishing, SafeMoon was trading at $0.00000237 and is down -3.4% in the 24-hours day trade. The token is down -46.8% since the last 30-trading days.