However, the market has been in a downtrend since Q4 2021, so there still be more downside before we see new all-time highs. Unlike the stock market, cryptocurrencies trade 24 hours a day, 7 days a week. For the most up-to-date cryptocurrency prices, saitama inu nomics check out this table below. There are many different options when it comes to purchasing altcoins like Saitama. You can purchase Saitama on Gate.io or use a decentralized exchange (DEX) like Uniswap to swap another crypto for Saitama.
- These kinds of features are found in many memecoins and extremely few serious projects.
- In short, getting in early and holding is more rewarding thanks to the tokenomics.
- Saitama Inu goals are due to the nature of decentralized crypto currency and the manipulation carried out by persistent ‘whales’ to manipulate prices to their advantage.
- This is to prevent whales dumping and selling to still reward diamond hands.
- The new community members are also going to enjoy the upcoming Bitrise staking.
- While the user growth hasn’t been exactly explosive, it is still very encouraging to see a project grow its active user base during a downturn for the broader crypto market.
However, meme projects focused purely on speculative price growth are almost certainly doomed to fail. Well aware of this reality, several meme coin projects have been looking to reinvent themselves in recent months. Saitama is a community-driven ERC-20 token, which means it was built on the Ethereum network. To do this, Saitama plans to develop its own ecosystem, including a marketplace, a software wallet and a non-fungible token (NFT)-based launchpad platform. However, most of these features haven’t been released, and the token’s utility remains low.
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However, the crypto has cooled off since then and is still only trading for fractions of a penny. If the Ethereum network is too congested and busy, the gas fee can set you back $250 — even if you’re only buying $10 worth of tokens. However, there are some crypto platforms (e.g. Nexo) that take care of Ethereum fees on the backend, so you don’t have to pay a single cent. Saitama, launched in May 2021, is an ERC-20 token, which is just a fancy way of saying that it runs on the Ethereum blockchain. On one hand, this is a positive because Ethereum is known to be a secure, well-protected blockchain, but on the other, executing transactions on this network can be expensive.
Saitama Informer
It is a static income that Saitama Inu members that joined Bitrise are already enjoying. Bitrise, a mooning crypto coin that is already exciting the crypto market, has been the most preferred coin by the Saitama Inu community members leaving after this warning. Bitrise coin is offering more than what Saitama Inu offers, plus a team of professionals with a good reputation in the industry.
Some influencers give absurd Saitama Inu price predictions, saying that the market cap would grow to absurd prices that would increase its market capitalization roughly $400 billion. This would make Saitama a top 3 coin behind Bitcoin (BTC) and Ether (ETH). It is a popular crypto project that leveraged its memecoin origins and robust community for a pivot toward building a utility-focused blockchain ecosystem. Some of the core features being developed are a dedicated token swap platform, payment gateway, NFT marketplace, Web3 education portal, and several play-to-earn blockchain games. According to Saitama’s white paper (a document that outlines a cryptocurrency’s main mission), 2% of all transactions are redistributed to token holders.
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Ledger also connects to Bluetooth and USB depending on if you want to use your computer or mobile phone. Ledger also has an app to make it much easier to secure, store and manage your assets. The pace of development and plenty of room for price growth could see Saitama become the next cryptocurrency to explode in 2023 – at this point, only time can tell.
INTERNET CITY, DUBAI, Aug. 08, 2021 (GLOBE NEWSWIRE) — LBank, a global digital asset trading platform, will list SAITAMA on August 9, 2021. For all LBank users, https://cryptolisting.org/ the SAITAMA/USDT trading pair will be officially available for trading at 9 PM (UTC+8). Saitama Inu community members still have a lot of options to select from.
Keep in mind, though, that Saitama is a meme token — just like Dogecoin and Shiba Inu. In other words, it doesn’t have inherent value or utility, but it’s rising through the ranks due to social media chitchat and its passionate community. Before you buy Saitama, there are some caveats you must be aware of before taking the plunge. The tokenomics also rewards all token holders 4% of 12% charged on transactions is redistributed to token holders automatically in BNB.
The returns are good, and it is a mainstream coin built on a solid foundation. Many that are just hearing about this coin or just joining in often don’t understand just how resilient this coin is and it truly is a community token. Here are some takeaways for you to understand about this coin that makes it different than other coins. As we know, transactions on Saitama are hit by a 4% ‘tax’ rule on selling out. This is to prevent whales dumping and selling to still reward diamond hands. The 4% is split accordingly, 2% of that transaction being burned and the other 2% distributed to holders.
SAITAMA (SAITAMA INU): Live Trading on LBank is Coming on August 9
In short, getting in early and holding is more rewarding thanks to the tokenomics. So far, these tokenomics are showing to be a real success for holders of Saitama as they often find the most gains when whales and paper hands sell out. With some nearly making 1 trillion tokens by holding for nearly 2 weeks, easily over $1000. This is proving to outpace the traditional method of staking and is showing to be a superior method for passive income. The cryptocurrency markets have been generally bearish in 2022, but many long-term investors are still bullish on the market as a whole.
Armand adopts transparent and open communication principles to develop Saitama Inu as a community-driven project. Saitama Inu users may communicate with the pool leaders through their weekly live AMAs or interviews that can be accessed via multiple channels. According to Etherscan, the number of Saitama holders surpassed 139,000 earlier this month. While the user growth hasn’t been exactly explosive, it is still very encouraging to see a project grow its active user base during a downturn for the broader crypto market. The only thing is that you need to add the SAITAMA V2 contract address on your decentralized wallet to view it. Saitama Inu started to pick up momentum in October, which resulted in it reaching an all-time high in November.
LBank provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 5.6 million users in more than 50 countries around the world. Saitama Inu goals are due to the nature of decentralized crypto currency and the manipulation carried out by persistent ‘whales’ to manipulate prices to their advantage.