Meme coins rose to prominence in late 2020 and the start of 2021, with the onset of Dogecoin. Later followed by Shiba Inu, these coins exploded in value despite having little utility. Fast forward to 2022, and the coins still generate a good amount of interest. However, is there a better meme coin to invest in today?
Perhaps. Safemoon Inu is an early-stage meme coin that might have the potential to generate similar gains as seen by the likes of Doge and Shiba. In this article, we take a closer look at the coin, including its price, where to buy Safemoon Inu coin, and a walkthrough on how to buy it. We also take a look at another exciting coin, Tamadoge, and why it could be one of the best crypto investments in today’s markets.
How to Buy Safemoon Inu Coin – Quick Steps
Before we begin, let’s take a quick look at how you can buy Safemoon Inu coin. The Safemoon Inu token isn’t listed yet on Crypto.com. But this exchange already has 250 currencies, so we wouldn’t be surprised if it lists it soon.
- Step 1: Visit the website and set up an account – The first thing to do is to visit Crypto.com and set up an account. This is quick and easy to do by providing an email username and password.
- Step 2: Pass KYC verification – After an account has been set up, users must pass a verification process before setting up an account. This can be done by providing Crypto.com with two forms of valid ID, which it will verify within minutes.
- Step 3: Deposit funds – The next step is to deposit funds into the newly verified account. This can be done through a variety of payment methods. Crypto.com doesn’t charge for crypto deposits, which is a great point to consider, and payments should be processed immediately.
- Step 4: But Safemoon Inu coin – Now that the account is verified and funded, search for Safemoon Inu coin on the Crypto.com website. From here, select the crypto, click “Buy”, and fill out an order form. Users should then select the amount they wish to purchase and the coin will be added to their account.
Safemoon Inu is listed only on BKEX and WhiteBit after being out for more than a year. Investors should take note of that, and even those exchanges may delist the coin because of the low trading volume. Instead, investors can buy Tamadoge, which has raised more than $4 million in its presale. Volume for this coin is high, and it’s probably at the lowest price now than it will ever be.
Where to Buy Safemoon Inu Crypto
Choosing a crypto exchange can be a daunting task, especially when there are so many out there all offering different products and services. To save readers the hassle of researching each individual platform, we have selected our best place to buy SMI coin and reviewed it below.
So, where is the best place to buy Safemoon Inu crypto? We think Crypto.com ticks the most boxes compared to other brokers. It was founded in 2016, back when the crypto market was a much quieter scene. Since then, the platform has grown to offer over 250 coins and accommodate tens of millions of users. Being available on Android, IOS, and desktop, the crypto exchange is widely accessible to all. It also has an easy-to-use feel about it, making it a great choice for beginner investors.
Looking first at security, Crypto.com is a great option. It offers some of the leading blockchain protocols in the industry to protect its crypto wallets, which means that users can rest assured their crypto will be in safe hands. One of these protocols is the two-factor authentication, which comes as standard with all accounts. In addition to this, the platform has partnered with the FDIC in the US and FCA in the UK to protect accounts from fraudulent activity. This protects accounts for a value of $250k in the US and £85k in the UK.
One of the most important considerations to make when signing up for a broker is the fees. The good news is that Crypto.com offers very low fees compared to the wider industry, meaning that trading on a budget is a viable option. Fees vary depending on transaction size, but users trading less than $25,000 in monthly volume can expect to pay around the 0.4% mark in commission. As this volume size increases, the fees fall accordingly. In addition to this, there are no deposit fees, which is a great point to consider.
Crypto.com also features some other cool features. One of these is its NFT integration. This means that users can trade some of the best NFTs all under the same account as their crypto. This is great for users who trade multiple digital assets and want to keep them in the same place.
In addition to this, users can earn cashback in the form of crypto when they sign up for a physical crypto credit card offered by Crypto.com. They can use this card to make purchases at selected retailers and earn up to 8% cashback when doing so. This cashback is paid in crypto and transferred directly to the user’s accounts.
Click the link below to get started with a Crypto.com account!
Pros
- Offers over 250 cryptos to users
- Free deposits and very low commission fees
- FDIC Insured in the US and FCA insured in the UK
- Up to 8% cashback opportunity
- Trade NFTs alongside crypto
Cons
- Offers low interest for staking the native coin
Cryptoassets are a highly volatile unregulated investment product.
What is Safemoon Inu Coin?
Safemoon Inu is a digital asset that will power the up-and-coming Safemoon Metaverse. What’s cool about the coin, is that it encourages users to hold it, by distributing 2% of every transaction to holders. This aims to dismay “paper hands” traders from pumping the coin to make a quick profit. The main game that the platform currently offers is called “Moonshot Voyage”. This is described as a top-down looter shooter and will be the first game available in the Safemoon Inu metaverse.
Aside from the game, there will be NFT integration, where users can collect, sell and buy NFT tokens with other players. Finally, there will be memes built into the metaverse, which aim to keep the community a fun, laughter-filled place for all.
The platform has already achieved its first stage of the roadmap, creating the token, launching it, creating social media accounts, and much more. The second phase of the roadmap is currently in full swing, which contains exciting projects such as the Gaming platform launch, exclusive partnerships, CEX listings, NFT launches, marketing pushes, and website and YouTube coverage.
The final stage of the roadmap, aimed for completion by the start of 2023, includes creating a second play-to-earn game, expanding the SMI ecosystem, and being featured on billboards as part of a full marketing push.
Is Safemoon Inu a Good Investment?
So, now that we have taken a look at this meme coin, what are the characteristics that make it a good investment? Well, to save investors the effort of researching the coin in depth, we have provided our top 5 reasons why Safemoon Inu could be a strong long-term investment:
High growth asset
One reason why the coin could be a strong investment is due to its meme coin growth characteristics. These types of coins tend to generate very high growth – the case with many cryptocurrencies. Obviously, there is no guarantee that the coin will rise.
However, when considering the historical performance of coins before Safemoon Inu, there is a chance that it could rise a huge amount.
Current crypto climate
Although it has recently picked up some momentum, 2022 has not been a rewarding year for crypto investors. Due to negative market sentiment and tough macroeconomic conditions, investors have pulled their money out of markets. This has pushed down the price of Bitcoin, Ethereum, and many other coins in the market.
However, this actually means that now could be a good time to buy this undervalued crypto. With prices down across the board, there are many bargains floating around. The current low price of SafeMoon Inu could be a great entry point when considering this factor.
Decentralised exposure
Many market commentators believe that decentralised finance is the future. It is true, decentralised architecture is faster, more secure, and easier to use than traditional payment systems. Being decentralised means that there is no central place where all information is stored. Instead, all information is stored on the blockchain, which as mentioned leads to faster more secure transactions.
Gaining a stake in an asset that is part of this decentralised ecosystem, such as the best DeFi coins, could be a great bet on the future direction of the financial sector. However, many others believe that this won’t outlast traditional systems, and meet decentralised infrastructure with scepticism.
Meme coin fan base
Meme coins were traditionally built with no inherent utility. However, they skyrocketed in value because of their fan bases, with the likes of Elon Musk and other prominent figures jumping on board the meme stock bandwagon.
This strong core fan base is still prominent today and could help push the likes of new meme stocks – like Safemoon Inu and Tamadoge – to new highs. Again, there is no guarantee of this factor, however, if history were to repeat itself then investors would be handsomely rewarded.
Utility
The final benefit of Safemoon Inu is its utility. As mentioned, traditional meme stocks tend to have very little real-world utility. However, this is not the case with Safemoon Inu. The platform is built around the gaming community, and the SMI play project aims to leverage this to create value.
The token also offers a series of NFTs and other features, giving it some value. This could help SMI token outlast some of the other low-utility crypto projects, making it a crypto for long term investment.
Safemoon Inu Price
The current price of Safemoon Inu is $0.000003601. This gives the coin a current market cap of $3.6m, as there are around 1000 billion SMI tokens currently floating. The Safemoon Inu coin price increased by 11% in a week, proving that it can make significant price action.
Safemoon Inu chart of the entire history
This seems to signify that the crypto market could be seeing a turnaround, which would be great news for the coin. However, lengthening the time horizon to 6 months and the coin is down 58%. This has been due to the negative market sentiment surrounding the crypto industry as described above.
In addition to this, the coin’s all-time returns are rather disappointing -22%. Much of this loss has come in 2022. The all-time high of the coin was reached in October 2021, when it touched $0.001.
Cryptoassets are a highly volatile unregulated investment product.
Is Safemoon Inu Coin the Best Meme Coin?
So, considering the rather disappointing gains of the Safemoon Inu coin, is it still one of the best meme coins to buy in 2022? While it may generate future returns, we think a much better option could be Tamadoge. We recommend Tamadoge as one of the best upcoming crypto NFT games of 2025.
Like Safemoon Inu, Tamadoge has a strong focus on utility. This gives the coin longevity, which should be a key component of any crypto investment. The coin itself is a deflationary crypto powering the Tamaverse (Tamadoge metaverse).
Within the Tamaverse, users can compete against other players to climb leader boards and win prizes. Whoever finishes at the top of the leader board will be rewarded with the monthly Dogepool. Alongside competing for prizes, the Tamaverse includes the ability to create, breed, care for, and battle their Tamadoge pets.
As more and more people enter the Tamaverse and use the Tamadoge currency, the price will likely increase due to heightened interest surrounding the coin.
Tamadoge uses the very latest ERC-20 token standard to make sure that the Metaverse experience is as seamless as possible. In addition to this, the project has outlined an extensive roadmap, which it plans to complete by the end of 2023. The current stage of the roadmap is concerned with getting the project up and running. Later on, the roadmap announced plans such as working on metaverse partnerships, and working on getting listed on all major exchanges.
By the end of 2023, the project plans to have a whole host of play to earn arcade games and physical rewards for winners. In addition to this, there will be an augmented reality app in which users can see their Tamadoge pets in reality. To check out the Tamadoge website, click on the link below:
How to Buy Tamadoge – Detailed Tutorial
We have covered all the necessary information regarding Tamadoge. Now it is time to take a look at how readers can open a Tamadoge position in their portfolios. Readers should note that the coin is currently in its presale stage, which means that after purchasing it through a popular crypto wallet such as MetaMask, they need to go back onto the website to claim it.
Step 1: Set up a wallet
The first step is to set up a wallet. This can be done either by using a Metamask account or by using Wallet Connect. In both cases, users will have to enter the wallet address of the TAMA website, which will allow them to connect their wallet and then transfer ETH to TAMA.
Step 2: Buy ETH or USDT
Users should make sure that they have either ETH or USDT in their wallets, as these are the only two currencies that can be transferred to TAMA. Users should also note that there is a 1,000 TAMA minimum exchange trade. In both exchanges, users will be asked to validate the transaction. However, when using USDT, they will have to validate the transaction twice.
Step 3: Connect the Wallet
Visit the Tamadoge website and click on the “Connect Wallet” button. This will take users to a page where they can connect their wallet to open a position, and also see more guided steps on how to buy the coin.
Step 4: Claim TAMA tokens
Once users have purchased their TAMA, they must go back to the homepage and click on the “Claim” button after the presale ends. Users will have to input their wallet addresses at this point so that the platform can check the blockchain to make sure they have made a transaction. Then, the TAMA will be transferred to the user’s account.
Conclusion
The crypto space’s high growth has attracted millions of investors in recent years. Meme coins in particular have demonstrated their ability to generate astounding returns in recent years. In this article, we checked out one of the best meme coins on the market today – Safemoon Inu coin.
However, we also looked at Tamadoge as a superior choice, especially considering it is one of the best crypto presales. Tamadoge has massive utility, is working on delivering a virtual reality augmented metaverse, and has an extensive roadmap packed with cool features.
Even better, it is in its infant stages, and the price is low due to the bearish state of the crypto market. This means that now could be as good a time as ever to open a position. If readers are interested in buying Tamadoge, then they should click the link below to visit the website and get started:
Tamadoge - The Play to Earn Dogecoin
- '10x - 50x Potential' - CNBC Report
- Deflationary, Low Supply - 2 Billion
- Listed on Bybit, OKX, Bitmart, LBank, MEXC, Uniswap
- Move to Earn, Metaverse Integration on Roadmap
- NFT Doge Pets - Potential for Mass Adoption