Safemoon Consolidation Explained - What you need to know

Safemoon Consolidation Explained - What you need to know

You may have recently seen a lot of buzz on social media about Safemoon going through a token consolidation, with many people welcoming the news and other upset by it. This comes from the recent confirmation by John Karony himself that Safemoon will indeed be going through a token consolidation.

In this video, I go over and explain what consolidation is, in the context it is being used for Safemoon, and the potential benefits of making a move like this. I also compare token consolidation to a reverse split and answer common worries or questions that have been arising due to this recent news.

What are your thoughts on Safemoon Consolidation? Let me know in the comment section down below!

▬▬ Chapters ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

00:00 - What started all this
00:49 - Consolidation Explained
03:32 - Consolidation VS Reverse Split
04:40 - When will Consolidation happen?
05:39 - Why consolidate Safemoon?
06:35 - Adjusting Goals
07:58 - Outro

▬▬ Reference links and codes ▬▬▬▬▬▬▬▬

Safemoon Contract:
0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3

Safemoon Website:
https://safemoon.net/

Safemoon Education:
https://www.safemoon.education/

Safemoon Twitter:
https://twitter.com/safemoon?s=20

Reddit Consolidation chart:
https://www.reddit.com/r/SafeMoon/comments/pvwsiy/this_is_what_you_can_expect_after_safemoon_v2/

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Dogecoin tip wallet:
DJBxxwLysKedyJUPP3N8sxxynoUCrQQXEg

Safemoon tip wallet:
0x046EB8247290be1e87d13C7141c2c972AD20936D

▬▬ Background Music ▬▬▬▬▬▬▬▬▬▬▬▬

Music: Sunshine on Sand - Unicorn Heads
Music: Campfire - Delicate Steve
Music: Sailing - Delicate Steve

▬▬ Legal Disclaimers ▬▬▬▬▬▬▬▬▬▬▬▬

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Disclaimer: I am not currently a licensed financial professional. The videos produced on this channel should not be taken as financial advice. Nothing mentioned in my videos is intended to be a recommendation to purchase or sell any form of assets. Please consult with a licensed financial professional for any form of financial advice. I am not liable for any losses that you may incur from following any form of advice or information given in this video. Please do your own research before investing and trading in any form of assets mentioned here or elsewhere, in order to take full responsibility for your own financial decisions and future returns.

▬▬ Hashtags ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

​ #safemoon #consolidation #safemoonwallet #defi