This year has been quite a hassle for the cryptocurrency market, experiencing a literal rollercoaster when it comes to its market capitalization. The growth that the crypto market experienced during this year has never been seen, and this growth does not seem to be stopping soon.
When it comes to SafeMoon, it has had quite a good run too. Although the past few months have been kind of hard for this token, SafeMoon is doing its best to survive and fulfill the needs of its holders. The launch of their wallet and exchange are closer than ever; and as we are moving towards the end of the year, we are getting closer to the migration of SafeMoon from the Binance Smart Chain (BSC) to its blockchain.
But what awaits SafeMoon for the upcoming year? Will it be able to “reach the moon” once again?
SafeMoon Market Price Prediction 2022
GovCapital
According to GovCapital, a prediction website, SafeMoon might continue its growth throughout the first months of the upcoming year. Their SafeMoon price prediction for 2022 shows that this token is likely to experience moderate price movement, unlike what it experienced during this year. Moreover, for the year 2022, SafeMoon is expected to have a high of $0.000005 and a low of $0.000003. In other words, if you invest in SafeMoon today, your investment is likely to grow by 136% exactly one year after today.
Wallet Investor
Wallet Investor, another prediction website has similar expectations for this token. As stated by their forecast, SafeMoon might reach a high of $0.000007 by August 2022. This would mean a 250% increase in its current price. By the end of the year, they claim that SafeMoon may hit a trading value of $0.000011, which would leave SafeMoon with an annual price increase of around 450%.
Arjay Ardanas
A young cryptocurrency Youtuber that goes by the name of Arjay Ardanas also covered this topic, providing his subscribers with a SafeMoon price prediction for 2022 and beyond. In his video, Ardanas does a technical analysis on the price chart of SafeMoon. His analysis indicates that the price of SafeMoon is set to increase in the upcoming days. Furthermore, he compares the price chart of this token with the price chart of Cardano before it took off. These two show the same indicators, which is a sign that it is highly likely for SafeMoon to take off and continue its bull run throughout the beginning of 2022.
Crypto Academy SafeMoon Price Prediction 2022
We at Crypto Academy have a lot of faith in SafeMoon. The token has survived all of the challenges that were posed against it, therefore, we consider it a solid long-term project. Because SafeMoon did not have any fundraising before it launched, it has done quite a lot compared to some crypto projects that had financial assistance from the beginning. Following the recent updates and announcements done by the SafeMoon team, we believe that the year 2022 is likely going to be smooth for SafeMoon. Our forecast shows a high of $0.00006 and a low of $0.00002 for the 2022.
Also Read: SafeMoon Price Prediction 2025 – Should you HODL your SafeMoon?
Takeaways
- SafeMoon is set to launch its wallet and exchange and migrate to its own blockchain throughout the upcoming months.
- With the launch of their upcoming products, more people are believed to start using SafeMoon, which will most likely positively affect its price.
- According to GovCapital and Wallet Investor, SafeMoon might experience a price increase in 2022, potentially giving it a trading value above $0.00005 sometime in 2022.
- Arjay Ardanas, a cryptocurrency Youtuber, believes that SafeMoon might follow the price movements of Cardano throughout the following months, continuing this run in early-2022.
- Our SafeMoon price prediction for 2022 is quite realistic, giving SafeMoon a price between $0.00002-$0.00006.