Safemoon got listed on the Mandala exchange yesterday allowing its users to buy, sell and hold the DeFi token. The exchange also gave out bonus tokens for the first few users who transacted with SFM on the app. Also, rumors have been swirling all over social media since last that Binance might list Safemoon on its platform. However, Binance has not confirmed listing Safemoon nor provided any hint that they would get the DeFi token onboard.
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Safemoon To Be Listed on Binance?
During a recent Q&A session with investors, a user asked Mandala CEO Joseph Reiben about his thoughts on Safemoon getting listed on Binance.
The user asked Mandala CEO, “One more question: A lot of tokens that’s been listed on Mandala also end up on Binance. I understand Safemoon is a little unique in offering tokenomics. Is there possibly a chance that it can head to Binance?”
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Joseph Reiben revealed that he gets asked the same question at least 3-4 times a day by users across the internet. “Oh, if I didn’t get asked this every day four or five times a day for the last two months.”
Reiben stated that he can’t answer the question as he’s not part of Binance and has no connection with the exchange platform. He explained,
“Obviously, I can’t promise a listing because I’m not CZ (Binance CEO). I’m not his development team, and I’m not his listing team. So that’s all I can say on that. I don’t want to fuel rampant speculation that you guys are gonna get listed on Binance tomorrow because I hope everybody hears me – I have no idea and I don’t have that kind of pull.”
Safemoon Price
Safemoon crashed close to 56% in a span of 30-trading days and is down double digits today at 18%. The DeFi token, just like every other crypto out in the market is bleeding currently and a quick recovery might not be on the cards. Bitcoin briefly turned to green today for a few minutes but dipped again in the indices.
It is advised not to go all-in on Safemoon at the moment as the market might face more corrections. At press time, Safemoon was trading at $0.00039446 and is down 17.7% in the 24-hours day trade.