Still buying $1000SATS?

Please read the article before you start typing to criticize me.

1. There are still many people who believe that SATS has been burning. This is something I really didn’t expect. Who do you listen to these rumors from? Tell you that this person was either deceived, or he is bad and deliberately deceived you. Why? Because there is no destruction mechanism at all, not even in the entire BRC20, and every transaction on the chain is open and transparent, and you can go and find out the details. Every BRC20 or NFT you see uses sats as the unit price unit. That is because the smallest unit of Bitcoin is sats. 100 million sats = 1 BTC, but it does not mean that 100 million sats = 1 BTC. That is just a unit of measurement, still using Bitcoin, and SATS tokens will not be deducted or consumed during transactions.

2. Many people in SATS still shout 1,000 times, 10,000 times. Have you looked at the market capitalization first? It’s more than one billion US dollars, let alone 1,000 times. Even if it’s 100 times, it’s more than 100 billion US dollars. The market value of BNB and SOL is only tens of billions of US dollars. How can a piece of air be worth hundreds of billions or trillions of US dollars?

3. There is a reason why there are so many SATS holders. Newcomers don’t know this, but experienced drivers should all know it. When you can first make inscriptions, you need to have points in the unisat trading market. Points are obtained by making inscriptions. Level 1 is worth 1 point. Everyone has to fight dozens of times to use that trading market. Everyone doesn’t know what to fight, so they arrange the number of people, progress, number of transactions, etc. to hit the first one. At that time, there were already tens of thousands of SATS holders, but the progress was only 0.01%, which means that 47,000 is a big deal.

4. SATS has not increased many times at present. Those who make the most money are those who take advantage of the lowest gas fee. The cost is about 3 dollars. 3 dollars for 100 million is now worth 67 dollars, which is more than 22 times. . In other words, the most profitable ones are more than 20 times and less than 30 times, which is far from the tens of thousands of times of Ordi.

5. Look at how many people hold the top 0.5% of currency holdings, and then look at how many of them have been quietly selling? 0.5%*140000=700, this is for people whose accounts are worth about US$7 million. These people are not ordinary people. Why? 700/30=23. Even if the 30-fold increase we mentioned earlier, his cost is still 230,000 US dollars, which is more than 1.5 million.