SatS, the token that people love and hate! #sats，很明显，
For the market, SatS has always been controversial. Why? Because there are too many retail investors who are trapped by SatS, and the entry price is generally very high. Last year's inscription craze made many people buy impulsively and chase high prices without thinking. But no matter what, SatS is definitely a legendary project in the Bitcoin ecosystem. The total amount is 2100 trillion, and it was all minted in half a year. There were 35,000 coin holding addresses in the early stage, plus the empowerment of Unisat. These data show that there is a group of loyal fans of the Bitcoin ecosystem behind SatS. From these data, SatS is indeed a very good project. Next, I will talk about my views on this coin and short-term trading ideas.
First of all, when SatS was first launched on Sesame, I led my fans to ambush this coin until it was launched on Binance. At that time, I was very optimistic about this coin, so I did not exit at the highest point, but chose to exit when the high point fell back by more than 30%. At that time, I made about 5 times the profit. After that, I also made several waves. There were gains and losses, and the overall profit was not high. Affected by the overall environment, I believe that most people who hold sats are in a similar situation. Therefore, I later had no plans to hold this coin for a long time. After the inscription section was shut down, my attention to this coin was greatly reduced.
Let's talk about the current problems of sats. Like most meme coins, sats tokens are fully circulated, the chips are too dispersed, and the bottom holders have too high profits. These problems have always plagued most meme coin markets. The market is like this. Whether it is the project party or the big players, the purpose of holding a certain coin is to make more money. Once the expected goal is achieved, the first reaction is to sell the chips in hand. As for the so-called benefits and empowerment, it is just a means of hype. During this period, sats did rise a lot, but the final result was that the project party and the big players sold, and retail investors were trapped again. Especially for the sats coin, the early minters and evangelists had too many profit plates, and they would never sell their tokens at the bottom, especially the big players.
I think sats may continue to rise in the future, but at present, it will take 1-3 months of accumulation time before it can start again.
