Many crypto currencies have joined the cryptocurrency environment, and it has risen in popularity among ordinary and extraordinary people. SafeMoon and Dogecoin are the two newest cryptocurrencies on the market.
SafeMoon is a new project that was launched this month on March 8th. Dogecoin, on the other hand, was created as a meme in 2013. SafeMoon was created after being inspired by Dogecoin, which has gained attention as a result of a few positive tweets from Tesla CEO Elon Musk.
Dogecoin’s value increased as a result of Elon Musk’s tweets, and the cryptocurrency attracted the attention of major media outlets. “D,” Elon Musk tweeted.
He also tweeted phrases like “going to the moon” and “on the real moon,” which caused a 25% increase in the currency’s assets. Following this, its market value increased by 23.11 percent in a short period of time to $0.0581.
Following the meteoric rise of Dogecoin, the launch of SafeMoon has sparked a big debate: Is SafeMoon better than Dogecoin? Safemoon has made more gains than Dogecoin in recent weeks, and it is expected to overtake Dogecoin in the near future.
Both cryptocurrencies have seen some development and are listed on CoinMarketCap. Elon Musk’s tweets have had a major impact on the price of Dogecoin. If Elon Musk were to inquire about this,
Elon Musk has a history of supporting cryptocurrencies, so he could be seen tweeting in favor of SafeMoon in the future. It’s because SafeMoon has outperformed Dogecoin in a very short period of time. It is this aspect that makes it more appealing for cryptocurrency investment than DogeCoin.