Blog / Price Predictions / Safepal Price Prediction

SafePal Price Prediction

Jan 11, 2023
5 min read

This blog post will cover:

  • SFP statistics
  • SafePal Roadmap
  • Crypto community about SFP
  • SFP Price Prediction
  • SFP Price Prediction 2025
  • SFP Price Prediction 2030
  • SFP Historical Price Analysis

SafePal is a cryptocurrency wallet that aims to provide a secure and convenient platform for managing cryptocurrency assets. SafePal also provides the ability to interact with DApps.

SFP is a BEP-20 standard utility token of this wallet. This cryptocurrency is used to receive discounts on SafePal commissions and products (in particular, hardware wallets). In addition, it provides the opportunity to earn on the SafePal Earn passive income program, participate in exclusive campaigns and get collectibles from partners, and finally, take part in decentralized protocol management.

SFP statistics

Let's take a closer look at the SFP token according to the data on the CoinMarketCap service:

Price prediction at 01.24.2024:
SFP price: $0.6601219522274013
Market capitalization: $277801321.3423241
Volume (24h): $4113410.48129289
Circulating supply: 420833333 SFP
Total supply: 500000000 SFP
Max supply: 500000000 SFP

SafePal Roadmap

SafePal was founded in January 2018. Until July 2021, the team was constantly releasing weekly updates on the official Blog. That is how we know that in the first quarter of 2021, the SafePal team managed to implement the S2 Hardware Wallet and SafePal Earn features. From the second quarter of 2021, VeChain, Cardano, and THETA networks are supported. Furthermore, a credit card payment option was added for hardware wallets.

However, SafePal doesn’t have yet a formed roadmap on the official website.

Crypto community about SFP

Many crypto enthusiasts are delighted with the SafePal project and its products, they express their admiration.

The crypto community is eager to keep up with the changes in the price of the SFP token.

But there are also some crypto enthusiasts who are not very optimistic about further prospects of SFP.

SFP Price Prediction

Price prediction at 01.24.2024:
Minimum SFP price for 2023: $0.09623774193548387
Maximum SFP price for 2023: $1.606322580645161
Average SFP price for 2023: $0.8502942158916352

Year-end SFP price predictions 2023:
Minimum expected: $0.8120209677419357
Maximum expected: $1.606322580645161
Average expected: $1.2076774193548387

SFP Price Prediction 2025

As of 20/10/2021, Walletinvestor analysts suggest that by the end of 2025 the price of the token could fluctuate between $0.06 and $0.07. In turn, DigitalCoinPrice makes a more optimistic forecast. Experts believe that by the end of 2025, the price of the token could be $4.66.

SFP Price Prediction 2030

As of 20/10/2021, according to the CryptoCurrencyPricePrediction service, the SFP price could reach approximately $76 by the end of 2030.

SFP Historical Price Analysis

All time high - $4.39 (Feb 09, 2021)All time low - $0.2711 (June 14, 2021)

On February 8th 2021, Binance listed SafePal (SFP) and opened trading in SFP/BTS, SFP/USDT, SFP/BUSD pairs. After that, the token reached its all-time high on February 9th 2021.Then it gradually decreased and eventually reached $1.5. From late March to mid-April, the SFP price fluctuated between $2.6 and $3.4. In mid-May, the price dropped to $2, followed by a sharp dump to $0.75. Until the beginning of August, the SFP price did not reach $1, but then it began to grow smoothly and reached $1.7 at the end of August. And in mid-October, a sharp pump followed and the price again reached almost $3 per token. From that moment on, the price began to gradually decline again.

It is impossible to predict in advance whether SafePal will compete with famous crypto wallet leaders, but this project definitely has a chance of this. SafePal already has many followers and continues to develop software and hardware solutions.

If you’re still looking at the crypto market and want to check more cryptocurrencies, find an example of the LTC to TRX exchange here.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

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