Safechaintoken Presale Hits 250BNB Hardcap Ahead of Pancakeswap Launch

Safechaintoken tweeted this week that it hit its hardcap of 250BNB in just under 10 minutes during its presale. Moreover, the platform has seen more development like CMC and Coingecko listings in the few hours after its presale. The Safechaintoken launched on Pancakeswap on Monday at 13:30 UTC.

Safechaintoken is a hyper-deflationary token with the ticker SCT. It's based on the BSC for the efficiency of services and rewards. In the platform's mission to launch the SCT token, it recently held a presale session.

The Safechaintoken Presale Spells Success

SCT just recently announced its very successful presale. The network began its presale on 23rd October at exactly 13:00 UTC on DxSale.

In their presale, SCT hit the hard cap of 250 BNB in just about 8 minutes. Analysts likened the prowess of SCT's presale, judging that it hit the hard cap with high speeds. BNB is currently trading at $475, which means that SCT hit over $118 thousand market cap in less than 10 minutes.

Following the presale, SCT planned a listing on Pancakeswap on the 24th. Pancakeswap listing occurred just about 24 hours after the project completed the hard cap. You can follow this link to purchase the tokens on Pancakeswap.

SCT's Price Action

After the presale and Pancakeswap listing, more analytical projects listed the SCT. According to SCT's Twitter page, Coinmarketcap and Coingecko listed the token just 12 hours after the Pancakeswap listing.

SCT's price was about $0.001822 but has now seen its price surge to $0.0068 at the time of writing. The current market cap is a little over $1 million, according to Coinmarketcap.

BSC scan and Nomics have also been giving insights into SCT. When releasing this news sample, there were over 2443 SCT token holders. Already over 5745 transfers have occurred in these wallets.

What to Know About SCT

The SCT network launched in 2021 to provide earning options for investors. One of the top features of SCT and its ecosystem is a hyper-deflationary token. This network has a token-burn policy that will ensure the supply reduces while the prices rise.

Moreover, SCT has multiple opportunities like yield farming, staking, DEX, and an NFT marketplace. It combines static reflections and weekly giveaways to increase investors' wealth.

As a Defi project, safety is a concern. As such, SCT underwent an audit of its smart contract from Solidproof. The idea is to ensure the security of the contracts. Moreover, Solidproof scanned the team for KYC purposes. Hence, investors should be aware that SCT is safe.