SafeMoon Releases Wallet Update v3.50 with New Features and Improvements
SafeMoon, the cryptocurrency that gained popularity in 2021, recently announced its latest wallet update, version 3.50. The update introduces several new features and improvements to enhance user experience.
The multi-coin menu now supports Cardano’s native ADA, allowing users to send and receive the cryptocurrency. The wallet also includes a new dApp and UI enhancements to help users track supported chains. SafeMoon has also revamped the notification system, moving account transactions to the Transaction history and focusing the Notifications History on news and updates.
In addition to these changes, version 3.50 brings various bug fixes, including resolving issues with displaying TradingView charts for “Top Gainers and Losers” on iOS devices.
SafeMoon’s Price Rises after Update
Following the announcement of the wallet update, SafeMoon’s token price experienced a positive reaction. It increased by over 5.5% within 24 hours, reaching $0.00020623 at the time of writing—just below its previous high in July.
SafeMoon Faces Challenges Despite Updates
Although SafeMoon continues to work on addressing issues and providing updates, its future remains uncertain. The recent price increase has not significantly impacted the token’s overall decline, as it is still down by nearly 94% from its all-time high.
Furthermore, concerns persist regarding SafeMoon’s tokenomics and its lack of a viable use case. However, the project has shown resilience over the years by consistently delivering updates, making improvements, and achieving legal victories such as resolving a class-action lawsuit in May 2022.
Hot Take: SafeMoon Strives for Progress Amidst Challenges
SafeMoon’s latest wallet update, version 3.50, brings new features and improvements to enhance user experience. While the token price experienced a positive reaction, the overall decline and concerns about tokenomics remain. However, SafeMoon continues to work towards progress by addressing issues, providing updates, and achieving legal victories. The cryptocurrency’s future may still hold potential as it strives to establish a viable use case and regain its value.
By
By
By
By
By