In December 2022, Safemoon converted its tokens from version 1 (V1) to version 2 (v2) and in doing so, did a 1,000 to 1 reverse price split. This resulted in the swap of 1,000 V1 tokens converting into 1 V2 tokens. At the same time, the price of V2 tokens were 1,000 times the price of V1 tokens resulting in no change to the market cap of the project.
While SafeMoon CryptoBuxx are not currently available for sale, there a many in circulation. SafeMoon CryptoBuxx have a face value of 1 million Safemoon V1 tokens (SAFEMOON) and can now be redeemed for 1,000 SafeMoon V2 (SFM).
SafeMoon is a cryptocurrency token created in March 2021 on the Binance Smart Chain blockchain. The token charges a 10% fee on transactions, with 5% redistributed (or reflected) to token holders and 5% directed to wallets in a different currency, Binance Token (BNB), controlled by the coin’s authors, described as a liquidity pool, to create a “solid price floor and cushion for holders”.
SafeMoon was released in March 2021. The slogan of SafeMoon, “Safely to the moon”, took inspiration from the popular phrase “To the moon”. After its launch, SafeMoon quickly gained over one million holders of the cryptocurrency. SafeMoon multiplied rapidly in value after a wave of celebrity endorsements, including from rapper Lil’ Yachty, YouTuber Logan Paul, sports blogger Dave Portnoy, and Backstreet Boys member Nick Carter.
Certificate Exchange, Inc. was formed in 2021 to launch an innovative gift certificate program to make giving crypto currency easy and introduce new individuals to crypto currency. CryptoBuxx facilitate the transfer of small amounts of specific crypto coins (Bitcoin, Ethereum, Cardano, Doge, Shiba Inu and Tether) to individuals with or without an existing crypto wallet. Coins can be transferred into a crypto wallet at any time. For complete details visit https://www.CryptoBuxx.com.