1: What is this project? What is it going to do? Is the problem it is solving a concept? A false demand? #sats
SATs is the ninth inscription token on the BRC-20 protocol, and its full name is satoshis.
The BRC-20 protocol is a standard for creating and issuing tokens. You can simply compare it to the erc20 protocol on the Ethereum chain. In addition to the erc20 protocol, Ethereum also has the erc721 protocol and the erc1155 protocol, etc.
ERC-721
●Purpose: Used to create non-fungible tokens (NFTs), each of which is unique and is commonly used in digital artworks, collectibles, etc.
Features: Each token is unique and non-interchangeable.
ERC-1155
Purpose: A multi-purpose token standard that supports a mix of non-fungible (NFT) and fungible tokens.
●Features: Allows one contract to manage multiple types of tokens at the same time.
ERC-777
●Purpose: A new token standard that provides some improvements such as more advanced transaction processing capabilities.
Features: Compatible with ERC-20, but introduces new features such as hooks.
ERC-223
Purpose: Aims to solve the problem of ERC-20 token loss during transactions.
●Feature: Added mechanism to prevent tokens from being lost in unsupported contracts.
ERC-998
Purpose: Used to create composite NFTs that can own other tokens.
Features: Allows NFTs to own other NFTs or ERC-20 tokens.
ERC-1400
Purpose: A complex standard for security tokens (like stocks, bonds).
●Features: Focus on regulatory compliant tokens, such as achieving compliance and restrictive transfers.
What does Inscription Token mean?
“Inscription” here may mean that these tokens carry some special information or functional design.
What are the special features?
It is the smallest unit of Bitcoin, referred to as Satoshi, also known as Bit Satoshi. 1 BTC = 100 million Satoshi. The total amount is 210 trillion, corresponding to 21 million BTC. Therefore, the person who developed this token is very smart, and he designed the total amount of sats to be 210 trillion.
0.000000001
How to calculate the market value of SATs?
Unit price: 0.00000024 USD per unit, multiplied by the total amount of 21 million, the total market value is already 500 million USD. It is expected that there is still room for 100% growth in the short term.
If brc20 can trigger a bull market, it has the potential to rise to a market value of 10 billion US dollars.
Several reasons
1 Satoshi = 1 USD
1. Because the expectations for this coin are very high, and everyone expects 1 satoshi to be equal to US dollars, some people will hype that one sats can also rise to 1 US dollar.
2. I can buy 400 million of them with 100 US dollars now, which can satisfy everyone's desire to get rich quickly to a great extent.
3. Countless people would fantasize that they bought 100 US dollars and it would turn into 400 million US dollars in the future.
4. It is conducive to dissemination. You can recommend your relatives and friends to buy 100 US dollars. Even if you lose money, it is not a big deal. This is most likely the real situation.
5. A friend bought 100 USD and found out tomorrow that the balance in her account has become 200 USD. The actual situation is that you doubled your money when you bought it 5 days ago. Your friend will most likely continue to invest more and thank you repeatedly for helping her make money. At first it was 1,000 USD, then 100 million USD. In the end, she even had to leverage to buy all of it. (The psychology of ordinary retail investors)
6. It is extremely friendly to the Bitcoin ecosystem and can popularize Bitcoin wallets and the spirit of Bitcoin decentralization to the greatest extent.
7. As to whether this coin has value or not, it is no longer important. What is important is that people keep telling stories and keep taking over. Take Dogecoin as an example, its market value was hyped up to 80 billion US dollars during the bull market.
8. Therefore, this coin has been hyped up to 10% of Dogecoin. Dogecoin has 10 years of accumulation and is held by the richest man Musk, but sats has the support of Bitcoin, so it is completely hopeful.
9. Compared with the market value of SHIB reaching 5 billion US dollars, there is still room for growth. The number of SATS holding addresses has reached 40,000+
10. A few days ago, someone asked, what is a value coin? My answer is that a coin that can appreciate in the long term is a value coin. As for whether this coin can solve practical problems in life, it is no longer important.
11. Because making money for those who hold it for a long time has solved the problems of most people. If it rises, it has value; if it does not rise, it has no value.
12. As the largest wallet hub in the BRC-20 ecosystem, UniSat not only supports SATS as the gas fee on L2, but also may use it as the basic transaction token of brc20swap. This support not only brings 36,000+ active users due to SATS, but also makes UniSat a top trading platform.
13.1. The market popularity even exceeds that of the veteran Ordi. In the future, the market value is likely to exceed that of the leader Ordi in the BRC20 track.
2. Finally, let me remind you of the risks. Don’t speculate too much on this type of currency. I personally only bought 10,000 US dollars as a souvenir. We have a more reliable way to make money. When others are panning for gold, you go to sell shovels and serve others. I will explain how to provide specific services in the paid group tomorrow.
The overall score of this coin is 80 points. Thanks to the founder of this coin for allowing so many people to understand Bitcoin so quickly.
The market value of sats, a coin on BRC20, has surpassed ordi. It may become the next memen coin like shibi or doge. Because it is cheap and has many coin holding addresses, it is very likely to become the next crazy CX coin. I feel that the madness will continue, and this craze will continue until the Bitcoin halving cycle.
SATS has more than 40,000 coin holding addresses, making it the project with the most coin holding users in the entire Ordinals ecosystem, which shows that it has a deep community foundation and high recognition. This broad community support provides a strong impetus for SATS.
The first target is expected to reach a market value of 1 billion US dollars with a high probability. The current market value is 400 million US dollars, and there is still room for 2 times. In the long run, it is possible to speculate to 5 billion US dollars or even 10 billion US dollars, which is about 10 times or 100 times the space.
In the BRC-20 token market, the market value of SATS has reached about $150 million. Compared with the current market value of DOGE reaching $10 billion and SHIB reaching $5 billion, SATS has a lot of room for growth. In addition, the current crypto market is not a bull market, which means SATS has huge growth potential.
As the largest wallet hub in the BRC-20 ecosystem, UniSat not only supports SATS as the gas fee on L2, but also may use it as the basic transaction token of brc20swap. This support not only brings 36,000+ active users due to SATS, but also makes UniSat a top trading platform.
