Author: Granit.M

Many people think that cryptocurrencies are a thing of the future, meaning that they are ahead of their time. Taking into consideration the few previous years in the blockchain industry, they might be right to a certain degree. Cryptocurrencies have not been welcomed by the majority of the older generations who are used to physical payment methods such as cash. Despite the above-mentioned fact, the crypto market is worth trillions of dollars, and it’s continuously growing. Moreover, the crypto market is one of the fastest-growing markets in existence, reaching this value in only 12 years. That being said, the crypto…

Following a collaboration with the decentralized crypto exchange Swarm Markets, the UK Post Office now allows customers to purchase cryptocurrencies, including Bitcoin (BTC).  According to a recent article from The Telegraph, although the UK Post Office is not foreseen to take commissions, the compensation will occur through the ID verification software utilized for sales of Bitcoin (BTC).   From the beginning of next week, users will be able to purchase cryptocurrencies such as Bitcoin (BTC) via EasyID app which is used for making purchases in Swarm Markets, where the app is quite helpful and user-friendly in authenticating identity and age for…

SafeMoon started its crypto journey back in March, during which month it got quite some attention. Despite the amount of attention and the extreme price increase of SafeMoon, many people called it a hype coin and a scam. They claimed that SafeMoon’s price will dip to extreme lows after the hype dies out, and they were partially correct. After the hype around SafeMoon died down, the price of SafeMoon went down. Yet, this dip was a consequence of the market correction that occurred in the cryptocurrency market back in June, meaning that the whole market dipped, not just SafeMoon. On…

With more than 11,000 cryptos to choose from, people who are just getting started crypto get overwhelmed. However, not all of these cryptos are worth investing in. That is why we compare cryptocurrencies and tokens with one another and help you choose between different coins. In today’s article, we will compare two reflect tokens: SafeMoon and PooCoin. At A Glance Token Current Supply Penalty Tax Products Upcoming Products SafeMoon 585 Trillion 10% (2.05% burned) Swap Wallet, Exchange, Hardware Wallet PooCoin 5.5 Million 8% (4.00% burned) Live Chart Site, Swap N/A The SafeMoon Token The SafeMoon token is a token launched…

The financial Trends and Risks report was issued last week by The European Securities and Markets Authority, and crypto took up a fair amount of the deliberations. The financial innovation list was led by crypto assets and distributed ledger technology (DLT) per the published report by the European Securities and Markets Authority’s (ESMA) 2021 last week.  A multitude of considerations was assessed in the “Trends, Risks, and Vulnerabilities” hefty report. Although crypto is clearly and undeniably marked as incredibly innovative and trendy financial development, the sustainable finance element is yet missing due to mining-related environmental threats and concerns.  Consequentially, rising…

Before investing in any cryptocurrency, token, or crypto-related project, you should first do some basic research regarding it. Since the crypto market is mostly decentralized, there is no authority above you, meaning that your crypto assets are your own responsibility. Moreover, most crypto investors don’t understand how cryptocurrencies work. Taking those things into consideration, the cryptocurrency industry is the perfect platform for scammers. These scammers mostly target the uninformed, beginner-level investors that are trying to get rich quickly. So, Why SafeMoon? This was thought to be the case with SafeMoon, a token with a huge supply, no real usage, and…

We at Crypto Academy continuously emphasize the importance of carefully choosing a cryptocurrency wallet. Since it is the place where you will be storing your crypto holdings, we see cryptocurrency wallets as the last line of defense against thieves. Numerous cryptocurrencies have launched their wallets, providing a safe place for investors to store their holdings. For example, Elrond provides a non-custodial wallet for everyone who wants to buy (in-wallet option) or stake their EGLD.  SafeMoon, the token everyone is talking about, has many problems, but the biggest one is its low exposure to credible wallets. SafeMoon is not listed in…

Cryptocurrencies are known for their volatility, making them a high risk/high reward type of investment. But, of course, there are some that are quite more volatile than the others. When it comes to extreme volatility, SafeMoon is on top of the list. This token has seen extreme price movements throughout the months, with price changes that were never seen before in such a short time. During its first month in the market, SafeMoon mooned… literally. Its sudden price increase was considered a market bubble by many, and so it was. Yet, it took quite some time for that bubble to…

Throughout history, humans have built different types of systems to help their civilization thrive. For a system to work properly, rules should be implemented. That being said, each system had a set of rules to function as it was supposed to. Even today, systems are built upon a set of rules that must be followed, manually or automatically.  When it comes to cryptocurrencies, this set of rules is called tokenomics. The tokenomics of a particular cryptocurrency involve its supply, its network fees, its token distribution, governance, and many more factors that play a role in the performance of that cryptocurrency.…

Most of us have witnessed the attention that SafeMoon got during its first months in the market, with it being mentioned in thousands of posts on TikTok and Instagram. As an aftermath of all this attention came its uptrend, with its price and market capitalization increasing at a record-breaking speed. Well, something similar has been happening during the past few months when it comes to attention. The last months have been full of news about SafeMoon, and most of them were positive evaluations of this token – which is quite unusual. Although SafeMoon had quite some attention back in March,…