SafeMoon (SFM) Price Prediction 2025-2030: Is recovery in tow after exploit?

ambcrypto.com:

When SafeMoon upgraded its smart contracts, an exploiter was waiting and watching. As soon as the upgrade was complete, the exploiter detected and exploited a bug in the code, one that led to the loss of $8.9 million from the memecoin’s liquidity pool.

As expected, SFM’s value was affected by this exploit. Owing to the aforementioned incident, the price of the Safemoon (SFM) token fell by 35% to $0.00016736. 

“Hey relax, we are accidentally front running an attack against you, we would like to return the fund, setup secure communication channel, let’s talk,” the front runner said to SafeMoon’s deployer contract.

The front-runner now has a separate wallet containing closer to $8.66 million.

The banking crisis following the collapse of the crypto-friendly Silicon Valley Bank (SVB), in addition to regulatory actions, has certainly affected the performance of most cryptocurrencies adversely. But Safemoon (SFM) has kept itself afloat, thanks to its strong community.

Read Price Prediction for SafeMoon [SFM] for 2023-24

Safemoon has been heavily marketed as a long-term investment opportunity. To accomplish this, it increases transaction fees by 10%, with coin owners receiving 50% of the funds. Safemoon has had a difficult year, with the company accused of price manipulation through celebrity endorsements, prompting some investors to sue. 

Since its introduction, SafeMoon has outperformed most top meme coin projects’ ROI, where most of them have been operating for a year. In fact, once upon a time, SafeMoon’s CMC page had more visits than Bitcoin (BTC) and Ethereum (ETH) combined. SafeMoon, at the time, received a breakout reaction, or nearly a million searches, according to Google’s trending statistics of the globe filter.

In