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![Safemoon Not So Safe? BSC Token Jumps By Over 10 Times, Then Halves](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F8ce129e491d526f0855cdda3b5fd7eb4b192b7d0-695x460.png&w=828&q=75)
Safemoon Not So Safe? BSC Token Jumps By Over 10 Times, Then Halves
Safemoon, a Binance Smart Chain token, soared by 16 times in the past week driven by TikTok videos, only to immediately whiplash holders as it went on a dizzying ride that has halved its value. The token, whose platform’s only use case is to provide mechanisms to manipulate its price, is 54% below its high…