SAFEREUM, a fresh meme token, has made its grand entrance and is also breaking records. It boasts a trading volume that surpasses many top utility tokens. Safereum is up 23.7% in the past 24 hours at 10:16 a.m. EST. Currently sitting at $0.00001080, the asset has a 24-hour trading volume of $7 million.
SAFEREUM Token Statistics
- Price: $0.00000956
- Holders: 3607
- Max total supply: 1,000,000,000,000
- Circulating Supply: 781,000,000,000
- Chain: Ethereum Mainnet
Safereum Secures 4 CEX Listings in Less than a Week
Safereum launched on October 6, 2023, and has been live for 5 days. According to a press release in the Globe Newswire, the project markets itself as a sequel to yet another project that “forever transformed the crypto sphere.”
Although the team does not outrightly mention the name of the predecessor project, a quick at its logo and your guess is as good as ours.
The project has nevertheless enjoyed massive success in 5 days, receiving up to 4 free listings on popular Tier-2 centralized exchanges (CEX), namely, Poloniex, MEXC, LBANK, and Bitmart. The team also recently announced that they have secured another free listing on a world-famous Tier-1 CEX.
According to the team, Safereum is here to re-ignite the original mission of cryptocurrencies – pure decentralization.
SAFEREUM contract has been audited by five top crypto security firms, backing up their claim of guaranteed security. The firms are Cyberscope, SourceHat, InterFi, BlockSAFU and SecureWise.
Besides this, the SAFEREUM contract ownership has been renounced and liquidity-locked for one year. Furthermore, no tax is charged on the buy, sell and transfers.
The team has already achieved phase one of its roadmap and is moving on to phase two, which will
see the number of holders grow to over 10,000, trading volume to more than $20 million and also secure a Certik Audit – the most respected blockchain security form in the space.
SAFEREUM Tokenomics Promise a Bright Future
One trillion total supply was a huge concern as it would stifle the token’s price, so Safereum developers initially burned 29.61% of the supply. 15.39% was used to add Uniswap V2 liquidity and locked for one year.
Safereum conducted a presale in which 45% of the total token supply was allocated. The remaining 10% is reserved for future CEX listings, bridges and Uniswap V3 LP. This 10% is held in a multi-sig wallet called safereum.eth
SAFEREUM had a significant rise of +1300% in the first three days after its launch. The token then went into a period of consolidation as early buyers and presale participants began to take profit. For a five-day-old project, the SAFEREUM chart looks healthy.
Key resistance levels are $0.000010, $0.0000011, and $0.0000013, while crucial support levels lie at $0.000004829, $0.0000060, and $0.0000081.
SAFEREUM is looking to rally +43% higher over the next few hours and test the upper boundary of its range. If it breaks through, the token will have established a new all-time high (ATH) price and will be in the price discovery zone.
The Tier-1 CEX listing is expected to draw in more investors and push the token’s price higher than the 43% expected.
