top of page

SafeMoon to Launch Memecoin on Solana After Burning Most of SFM Supply

The SafeMoon team is planning on launching a memecoin on Solana (SOL) on Saturday at 1:00 AM UTC. The team has burned 2.2 trillion SFM tokens across the Ethereum, Polygon and Binance Smart Chain networks, the VGX Foundation told CoinDesk. In total, almost the entirety of the Ethereum and Polygon supplies have been eliminated, as well as roughly 60% of the Binance Smart Chain supply. SFM holders will be given the opportunity to exchange their SFM tokens for the SafeMoon memecoin through the VGX wallet. SafeMoon was one of the most popular projects of the 2021 crypto bull market. Its token rose to a $17 billion market capitalization at its highest point.


Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!


Comments


SUBSCRIBE

Sign up to receive hashd news and updates.

Thanks for submitting!

© 2021 by hashd.co

bottom of page