SafeMoon Inu Price Prediction 2024 – 2030

As the name implies, SafeMoon Inu is based on the popular SafeMoon and Shiba Inu tokens, although it is not directly associated with either. Due to its similarity to these projects, SafeMoon Inu has achieved success in the past – with many hoping for similar in the future.

This article presents our comprehensive SafeMoon Inu price prediction, breaking down what the token is, how its value could be affected going forward, and whether SMI can be considered one of the best crypto tokens this year.

SafeMoon Inu Coin Price History

Before presenting our SafeMoon Inu price prediction for the years ahead, it’s essential to provide some context. According to the official website, SafeMoon Inu is a ‘community-driven meme & gaming token’, relying heavily on the success of those that have come before.

As its name implies, SafeMoon Inu draws inspiration from SafeMoon and Shiba Inu – two of the fastest-growing cryptocurrency projects of late 2021. However, SafeMoon Inu is not owned or developed by either of these projects and simply uses their names as a way to boost publicity.

So what is SafeMoon Inu used for? The token’s primary use case is to provide passive income to holders. This is achieved through the so-called ‘Anti-Paperhand’ system, which works much the same as static rewards. SafeMoon Inu’s team charges a 2% fee on every SMI transaction, which is distributed amongst the remaining holders.

Ultimately, this Anti-Paperhand system is designed to provide similar results to yield farming crypto platforms without token holders having to lock up their holdings. Aside from passive income, SMI will also be used in the blockchain gaming space through the upcoming ‘SMI Play’ feature.

Although SafeMoon Inu was initially launched in May 2021, the token didn’t start gaining traction until October 2021 – around the same time investors were clamoring to buy Shiba Inu. SMI’s price soared by 1,384% in just under a month, peaking in November 2021.

Naturally, this high was short-lived since all of the hype was being drawn from social media traders. After peaking, the SMI crypto price declined rapidly and has since lost around 98% of its value from the previous all-time high.

Before moving on to our SafeMoon Inu price prediction, let’s briefly recap the key points to be aware of in regards to this token:

• Created in May 2021, yet didn’t generate any traction
• Picked up steam in October 2021 – around the same time as Shiba Inu (SHIB)
• Reached an all-time high of $0.0002603 in November 2021
• Immediately retraced from this all-time high and has since lost 98% of its value
• The price action for this token hasn’t been great since the start of 2023 and the value is currently accumulating around the $0.0000000047 mark.

SMI Coin Price Prediction 2024

Another factor that plays a massive role in our SafeMoon Inu price prediction is the development team’s plans to launch a fully-fledged play-to-earn (P2E) game. Following the path set by the best crypto games, SafeMoon Inu’s team is developing ‘SMI Play’, a new metaverse gaming platform.

According to the whitepaper, SMI Play will launch with one game at first yet will be adding more as time goes on. The vital thing to remember is that the games featured on this platform will all integrate NFTs. This means that users can buy, sell, and trade in-game items – providing a pathway to generate additional income.

Furthermore, each player can upgrade their ‘Status’ by holding a specific number of SMI tokens. For example, those who own one billion SMI tokens will be designated as a ‘Whale’, meaning they will only be rewarded with Rare+ items with the highest exclusivity level.

Ultimately, this P2E ecosystem will be critical to SafeMoon Inu’s future success, as it will provide a clear reason for investors to buy and hold the token. As such, our SafeMoon Inu price prediction estimates that the coin could reach a valuation of $0.0000008 by the end of 2024.

However, that is still a bullish estimate. Current regulatory conditions involving SEC’s lawsuit against Binance and Coinbase, the ban on trading major metaverse and P2E tokens in the US, and other issues have had a negative impact on SafeMoon’s price. Also, most in CoinMarketCap’s community are showing bearish signals for this token.

SMI Coin Price Prediction 2025

While Safemoon Inu’s P2E ecosystem is a breath of fresh air in the memecoin genera, price charts of early 2023 show that the token is not able to capitalize on it. The rise of regressive regulations surrounding crypto, coupled with the fact that the use case of this asset – despite its P2E nature – is limited – probably won’t help this token grow to higher levels in 2025.

In light of this, we predict that the price of this asset will reach closer to $0.0000030 by the end of 2025.

SafeMoon Inu Coin Price Prediction 2030

Looking further ahead, our SafeMoon Inu price prediction will be heavily influenced by the coin’s community backing and roadmap. Like many emerging cryptocurrencies, SafeMoon Inu immediately gained a strong following during its bull run in late 2021. This following has remained, even after the subsequent price drop.

The importance of community backing cannot be understated, as these retail traders help provide momentum when it’s needed the most. However, SafeMoon Inu doesn’t have as strong a community as other meme coins – which could become an issue if this isn’t rectified through clever publicity stunts.

However, SafeMoon Inu’s roadmap could be the token’s saving grace, as it does highlight some exciting plans. These include applications for CEX listings, YouTube coverage, NFT collections, and even a second P2E game. Although none of these plans have been achieved yet, there would need to be some progress here if SMI was to become the next cryptocurrency to explode.

As such, our SafeMoon Inu price prediction for 2030 estimates that the token could reach the $0.0005 level by this point.

Potential Highs & Lows of SafeMoon Inu Coin

To clarify our SafeMoon Inu price prediction even further, the table below presents some key price points to keep in mind, which could prove to be strong support/resistance levels in the future:

What is SMI Coin Used For?

Although it doesn’t have as many use cases as the best utility tokens, SMI does offer some appealing features. These include:

Play-to-Earn (P2E) Gaming

In the future, SMI’s primary use case will likely be within the SMI Play gaming ecosystem. Users are incentivized to hold SMI as they will achieve a higher ‘rank’, which translates to better in-game rewards.

Many of the best metaverse coins use a similar structure, as it tends to help boost token demand. If SafeMoon Inu’s team can implement this correctly, it’ll help bring the token out of its current slump.

Speculation

SMI can also be used to speculate on the ecosystem’s growth. SMI tokens are now available on many of the best DeFi exchanges, including Uniswap, ShibaSwap, and 1inch.

The more listings that SMI has, the easier it is for investors to notice and buy the token. Over the long term, this can help price rise naturally – which is why many investors opt to hold SMI without being directly involved in the community. 

Passive Income

Finally, SafeMoon Inu tokens can also be used as a way to generate passive income. This process was detailed earlier in the article but essentially revolves around re-distributing a 2% transaction fee to token holders.

Many meme coins use this approach, yet the majority employ a higher fee (e.g. 5% or 10%). Since SMI’s fee is lower, this will reduce the level of income that token holders can expect – yet it also makes sending/receiving tokens more cost-effective.

What Drives the Price of SafeMoon Inu Coin?

Much like the best altcoins, the price of SafeMoon Inu can be affected by a myriad of factors. Detailed below are three of the primary causes of SMI’s price fluctuations:

Links to Other Meme Coins

Much of SafeMoon Inu’s success until this point has been down to its branding. As mentioned earlier, the coin is an amalgamation of ‘SafeMoon’ and ‘Shiba Inu’ – yet shares no direct connection with either of those projects.

However, the decision to name the token in this manner has created massive publicity for the project, helping drive SMI to all-time highs in late 2021. In the future, SMI will continue to be positively influenced when other meme coins go on a bull run – even if nothing has directly changed within the project.

Listings on DEXs/CEXs

If SafeMoon Inu can become listed on some of the best crypto exchanges, this would also be a factor that drives price. Although SMI can be purchased through various DEXs, the lack of FIAT buying options makes the process more complex for beginners.

Progress has recently been made in this regard, as prospective investors can now buy SMI tokens directly through SafeMoon Inu’s website. Tokens can be purchased using a credit or debit card, which is facilitated by the MUNCH Project – a leading FIAT-to-crypto payments system. 

Project Roadmap

Finally, SafeMoon Inu’s future value will also be affected by its roadmap. Roadmaps are vital to a project’s longevity since no investor will want to purchase tokens if there are no plans for the future.

Fortunately, those looking to invest in cryptocurrency long-term may find SMI appealing since the roadmap has several plans within the P2E gaming space. However, no progress has yet been made on these plans – which is one of the main reasons SMI’s price has fallen so dramatically.

Is SMI the Best Coin to Buy in 2024?

Given the information presented until this point, can SafeMoon Inu be considered one of the best meme coins on the market? We don’t think so, as many other coins out there provide better use cases and more compelling roadmaps.

Wall Street Memes

The third alternative to SafeMoon might have less utility but has a lot more virality. Created by the Wall Street Memes community, which already has amassed over 1 million followers across multiple social media platforms, the WSM token is an ode to Wall Street Bets, the Reddit group responsible for Gamestonks – an event that shook the hedge fund ecosystem back in 2021.

Wall Street Memes describes itself as the ultimate expression of a movement that took on corporate giants in 2021 and generated wealth for Gamestop token investors. This project wants to do the same for memecoins, creating a community that can mobilize and generate wealth using a relatively “useless” asset.

Wall Street Memes is laying the foundation of a community where memes will be used to communicate, and the members will be able to generate wealth through meme assets. And it is one of the few crypto communities that has even gotten Elon Musk to interact with it in the past.

Wall Street Memes is currently running a presale, and it has already raised more than $6 million. It has become apparent that there are those still willing to capitalize on the memecoin mania to achieve growth.

SafeMoon Inu Price Prediction – Conclusion

To conclude, this article has presented our in-depth SafeMoon Inu price prediction, covering everything there is to know about the token and its prospects.

Although many investors have opted to purchase SMI tokens, our research indicates that WSM presents a better opportunity. While it is not a one-of-a-kind project, it has a large community backing that can fuel its value when it finally goes live on cryptocurrency exchanges.

Wall Street Memes (WSM) - Newest Meme Coin

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