NEW cryptocurrency SafeMoon has gained popularity in recent days, but there are a number of things you need to be aware of.

SafeMoon has surged in value after launching on March 8 this year.

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The value of SafeMoon has surged since it launched last month

Its founders are based in various cities across the US, but so far very little is known about the new cryptocurrency.

Buying cryptocurrencies and decentralised finance tokens as well as stocks and shares is a risky business.

Investing is not a guaranteed way to make money, so make sure you know the risks and can afford to lose the money.

Cryptocurrencies and decentralised finance tokens are also highly volatile, so your cash can go down as well as up in the blink of an eye.

Below we round up six things to know about SafeMoon.

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