Safemoon Inu Game: What Is It All About?

Safemoon Inu is described as a community-driven gaming and meme token. Notably, the Anti-PaperHand system that powers the ecosystem distributes 2% of every transaction to holders. This strategy incentivizes all the holders and rewards users that remain on board.

Its upcoming play-to-earn gaming platform SMI Play with in-game NFTs is designed to provide more rewards for SMI token holders. Notably, SafeMoon Inu is a smart ERC20 token that has massive potential and is here for the long term.

Experts and analysts believe that SafeMoon Inu is a product of Dogecoin and Safemoon. When you join the community, you can enjoy the memes, stick around for the laughter, and join other community members to explore the galaxy.

It appears to be fixing what most of the other projects are missing. In its case, liquidity is locked for up to six years and ownership has already been renounced. Launched on 13/05/2021 by early community members who are based all over the world, the project is a smart meme token that is here to stay.

The early community that was involved in the development of SafeMoon Inu has great connections in the marketing sector and everyone is now free to join the community. SMI Play aims to fix the volatility issues that have plagued the entire crypto sector since the invention of Bitcoin.

To achieve that, the team wants to discourage day trading of its coin and reward the long-term holders by charging a 10% fee on every sale. Half of the fee that is charged is sent to the existing coin owners, who get some form of a dividend in the form of more coins. While explaining its currency, the team said:

“The goal here is to prevent the larger dips when whales decide to sell their tokens later in the game, which keeps the price from fluctuating as much.”

SafeMoon Inu team says that it opts for manual burns compared to continuous burns where digital coins are eliminated from circulation. Manual burns give the project more control over its market supply. Dropping supply while demand is growing would increase the coin’s price.

SMI Live Price

On November 6, 2021, the SafeMoon Inu price is $0.000053 with a 24-hour trading volume of around $1,636,931. The token is down around 1.95% in the last 24 hours and is ranked #607 on CoinMarketCap. It has a market cap of $53,092,277 with a circulating supply of 1,000,000,000,000 SMI coins, which is also its maximum supply.

The SMI community confirmed that it is still developing a crypto gaming platform, the SMI Play, which is set to launch in 2022. This play-to-earn gaming platform that comes with NFTs will give the players more rewards. Hence, it is expected to join other NFT games like Axie Infinity to bring crypto and blockchain to the gaming sector.

SMI Play is expected to launch with one game available at first. This game is described as a top-view looter shooter that goes by the project name “Moonshot Voyage”. The developers said that more games would follow later. With more developments and projects coming up, the price of SafeMoon Inu is expected to surge further.