SafeMoon Price Update as Crypto Fans Await Wallet Beta Test Sign Up Form

SafeMoon Price Update as Crypto Fans Await Wallet Beta Test Sign Up Form

The cryptocurrency SafeMoon is up today ahead of the release of the token's SafeMoon wallet beta test.

CoinMarketCap data shows the price of the digital currency is currently up more than 16 percent over the past 24 hours to about $0.0000046, giving it a market cap of $2.68 billion.

SafeMoon has become a popular altcoin—a term used to describe an alternate cryptocurrency to bitcoin—since its release in March this year. It works by charging a fee on transactions and redistributing part of that to the rest of the token holders.