Safemoon launched BSC on March 8, which rose by 200 times within less a month. That is to day, if RMB 10,000 is invested to buy Safemoon in March 3, you will have RMB 2,000,000 in April.It is pointed out that although Safemoon’s price has fallen to $0.000003, the investors may still expose to high risks if they buy Safemoon now.
What can Safemoon be used for? The team frankly confessed that it is useless; if there must be one, it takes advantages of a unique mechanism to stimulate people to hoard tokens.Compared to Safemoon at a high price, the emerging 4JNET is under the spotlight. 4JNET, rated as the updated Safemoon, is still in its infancy but is quite promising.
According to the official statement, 4JNET has launched the presale of limited-edition NFTs on October 18, and a total of 5,000 limited-edition NFTs are distributed.After the project kicks off on December 1, all NFT holders can claim 30% of the all tokens issued, unlock 2% each day, and enjoy a reduction of 3% service charge.The purchased 4JNET tokens will be put into the liquidity pool to maximize the benefits.
4JNET’s Unique Mechanism
4JNET will introduce a decreasing service charge mechanism to stabilize prices. To bespecific,90% of initial transaction amounts will be used as the service charge,6% to be distributed to all token holders through tokens, and the remaining part to be automatically transferred into the liquidity pool.
As transactions increase, the service charge will be gradually decreased up to by 10%, thus bridging the gap between early and late investors. 4JNET’s early investors need to pay high service charges even if they buy at an earlier time, which are automatically put into the liquidity pool topromote steady price increase and alleviate price instability resulting from the selling pressure.
