Could New Token SafeMoon 3.0 Pump Next After Pepe 2.0 and Shiba Inu 2.0 Prices Exploded?
There’s a hot new trend in the crypto world - updated meta versions of explosive tokens that have lost their luster.
These v2.0 tokens have garnered a ton of interest from crypto traders who think they could reignite the flame that powered the original incarnation of each token. Pepe 2.0 gained 1,600% in its first 24 hours after launch, while Shiba Inu 2.0 jumped more than 900%.
Now, another token is taking the reboot trend to the next level. SafeMoon 3.0 just launched to enormous fanfare, being the latest meta version token. It’s based on the original Safemoon that grew over 23,000% a month after launching back in 2021.
Within minutes of launching, SafeMoon 3.0 registered an astounding 1,600% gain.
SafeMoon 3.0 Solves Issues with 1.0 Version
SafeMoon originally exploded onto the crypto scene in May 2021 with a more than 23,000% gain. The launch came on the heels of Dogecoin’s meteoric rise, and SafeMoon helped to mint a number of new crypto millionaires.
However, the team behind SafeMoon made a series of miscalculations that ultimately destroyed most of the token’s value.
First, the token’s 10% tax to encourage holding was a good idea in theory, but only 5% of tokens from the tax were returned to SafeMoon owners. This led to accusations that SafeMoon was a Ponzi scheme.
Things got worse when SafeMoon tried to upgrade to v2.0. The coin’s development team decided to levy a 100% tax on any SafeMoon holders who didn’t migrate to v2.0. That sparked outrage within the community and sentenced SafeMoon 2.0 to failure.
SafeMoon 3.0 launch shows none of these red flags. The token is also expected to reintroduces tax-based rewards for token holders, as well as a burn mechanism to make the currency deflationary.
In addition, the SafeMoon 3.0 leadership team has renounced ownership over the token’s contract and locked the token’s liquidity pool. That means that the developers can’t change SafeMoon 3.0’s code or exit suddenly in a rug pull.
SafeMoon 3.0 Up 625% Since Launch—Kicks Off v3.0 Wave
SafeMoon 3.0 jumped 1,600% immediately after it launched, and the token has done better than many of its peers in holding onto that initial gain. As of 5 hours after the launch, SafeMoon 3.0 is still up 625% and the price is trending upwards.
That’s extremely impressive for a token that went straight to DEX and has a history of mistrust among users. Trading volume is now up to $1.75 million and the token has nearly $75,000 in locked liquidity.
There’s almost certainly still exciting trading action to be had in SafeMoon 3.0. Traders are looking for a retest of the coin’s initial high, which would represent a nearly 100% gain from the current price.
On top of that, SafeMoon 3.0’s launch raises a tantalizing possibility: this could be the start of a wave of v3.0 tokens sweeping the market.
Pepe 3.0 has already launched, and it’s likely that other coins aren’t far behind. For crypto traders, these tokens could offer fast-paced pumps building on already-established communities.
SafeMoon 3.0 is now available to buy on Uniswap.
