CandleFocus

$SAFE Accumulators Surge After 73% Price Jump

The cryptocurrency $SAFE has experienced a significant price jump of 73% in just one hour following the announcement of its listing on Upbit. As a result, the number of first-time $SAFE accumulators has surged, with the top 5 accumulators purchasing 1.356 million $SAFE tokens in the past hour. These purchases, made on platforms such as OKX, Bybit, and Uniswap, have resulted in a 6.7% increase in investments for these accumulators. Market analysts are unsure if the price surge is sustainable and divided in their opinions on the future behavior of $SAFE. While some believe that the listing will further increase demand, others caution that high price fluctuations make it volatile. The increase in accumulation indicates growing interest in $SAFE, but its long-term strength is still uncertain.

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