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Meanwhile Safemoon community is going nuts through a consolidation of the tokens

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by COINS NEWS 257 Views

Meanwhile Safemoon community is going nuts through a consolidation of the tokens

Safemoon is going through a token consolidation phase and the community is going nuts !

tldr; basically the community is very upset because if safemoon goes to the moon, they won't make billions due to the consolidation !

I love the caption on this post

So what's making them sooo upset is :

Let's say they currently have 10,000,000 tokens valued at $1000. With the consolidation, this will bring it down for example to 10,000 valued at $1000. Now if Safemoon goes to the moon, let's say hit one $1: instead of having $10,000,000 they will have only $10,000.

It's similar to when PUNDIX went to it's consolidation and crashed so hard and still as of today didn't make it up - at least to ATH !

Someone even used dogs as an analogy in explaining Safemoon V2 tokens consolidation.

I hope it makes better sense now :)

submitted by /u/callmemrsunshine
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