Safemoon Price spiked or dropped?
The safemoon price spiked by as much as 46,533% from the launch to peak at $0.00001399 on 20 April. The price then dropped back to $0.00000361 on 2 May, before rebounding to $0.00001039 on 15 May. But the crypto markets started selling off sharply towards the end of May and the price declined over the summer to $0.0000015 on 18 August.

The safemoon value started to rise toward the end of August ahead of the planned launch of its software wallet along with Android and iOS apps. However, the wallet launch was delayed on 28 August because of technical issues, sending the price down from $0.00000354 to $0.00000281. The price continued to fall in September, reaching $0.00000119 on 10 September.

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