SafeMoon Swap’s volume soars to $100M in just 32 days

Sahana Kiran
SafeMoon
Source -Pixabay

The SafeMoon [SFM] ecosystem has been witnessing impeccable growth. With the crypto asset as well as SafeMoon Swap, the network has been going places. Now, SFM Swap was making it big by recording massive volume.

Within a period of just 32 days, SafeMoon Swap managed to secure volume of about $100,000,000. SafeMoonWarrior took to Twitter to alert the community about the latest achievement.

The reason behind this is speculated to have been linked to the inclusion of a slew of coins over the last couple of weeks. The SFM team has been onboarding an array of coins into the platform. This isn’t as easy as it sounds. With a rigorous review process in place, only a few made the cut.

Any token that wishes to be a part of SafeMoon Swap is required to pass vetting, sign a contract, and even meet the SFM team for a face-to-face interview. Any potential listing would occur only after the tokens dox themselves before the team while revealing their identities.

Currently, the platform entails prominent coins like Binance Coin [BNB], Wrapped BNB, BUSD, Cardano [ADA], AFFINITY, Beefy Finance [BIFI], PanCakeSwap [CAKE], SHINJA, Chainlink [LINK], and SafeMoon [SFM].

Will Gemini refrain from listing SafeMoon?

With everybody trying to ride the crypto wave, GunnyHxro decided to educate potential crypto investors about the market. Focusing on the US population, he pointed out that Bitcoin [BTC] would never be banned in the country. He then highlighted the importance of investing in crypto and named FTX, Coinbase, and Gemini as good platforms to start off with.

The third point is what caught the eye of the SafeMoon community. In his tweet, GunnyHxro said, “Safemoon. NOT A GOOD INVESTMENT.” This wasn’t the sole reason behind the rage of the community. However, the fact that Gemini liked the tweet is what seemed to have angered them.

The comment section had a major divide. While some noted how SFM wasn’t that great of an investment considering its depreciating price, a few others were stuck by the altcoin.

During press time, SFM was trading for $0.001075 with a 0.32 percent drop in the last 24-hours.