The safemoon cryptocurrency has fallen back from an autumnal surge - almost a repeat but at a much smaller scale of the price exploding and then crashing in its first few weeks of trading earlier this year.

Safemoon emerged in March 2021 as a community-focused decentralised finance (DeFi) token to challenge popular cryptocurrencies such as dogecoin (DOGE) and shiba inu (SHI. But mainstream interest in the coin has waned in recent months.

What is safemoon and how does it work? What has been pushing the price higher in recent weeks and what is the outlook for the coin?

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