Today, SATS once again topped the list of gainers
$sats is the ninth inscription token based on the BRC-20 protocol. Its full name is satoshis, which is the smallest unit of Bitcoin. It is usually referred to as Satoshi, also known as Bit Satoshi. Each BTC is equal to 100 million Satoshi. The total supply of $sats is 210 trillion, equivalent to 21 million BTC. Its market popularity even exceeds that of some crypto assets with veteran status. Unisat recently released a product update on asset exchange on the Bitcoin mainnet, and the team initially verified that the product can operate normally. In addition to promoting the standardization of asset exchange, they are confident in launching the Fractal Bitcoin project in September. On Fractal Bitcoin, they will provide a product with the same functions as the mainnet exchange module-Fractal Swap to ensure that the project has good liquidity from the beginning.
After the release of the Unisat product, it was confirmed that $sats will be used as transaction fees. Last night, affected by the good news, the price of $sats rose by about 20% in a short period of time. Currently, the official tokens closely associated with Unisat include $sats, $pizza and the upcoming Fractal project token $FB. Among them, $sats is used as platform fees, $pizza has a pure meme attribute, and $FB will be used as the token of the expansion chain.
SATS is hot again, and some fans asked, what other projects are worth paying attention to?
Bitcoin Inscription Track
In the past two days, the Bitcoin inscription ecosystem has also shown signs of recovery. Ordi rose by more than 10% yesterday, reaching a high of $87, while $sats performed even stronger, with an increase of more than 15%.
Ethereum Ecosystem
Ethereum's Layer2 and staking sectors also started to perform strongly today, with both OP and SSV rising by more than 10%. Currently, the exchange rate of Ethereum to Bitcoin is still below 0.55, indicating that it has not yet ushered in strong upward momentum. Therefore, in terms of operational strategy, it is recommended to pay special attention to Ethereum's Dragon II ETH project, as well as its Layer2 and staking projects. Investors who already hold positions can hold them firmly; and for investors who have not yet entered the market, once the market experiences a sharp correction, it will be an excellent opportunity to buy the bottom in stages.
Summarize:
Meme coin projects such as troll, pepe, and shib have begun to show their unique market performance. However, I believe that these meme coin projects themselves lack actual value and are completely dependent on market sentiment and consensus. If you plan to get involved in such projects, it is recommended to try them with only a small amount of funds because they have extremely high risks and violent price fluctuations. Always pay attention to market sentiment and capital inflows, and exit when the market rises. Don't over-trust the long-term value of meme coins.
You can focus on projects in the Ethereum ecosystem. In the medium and long term, once the Bitcoin spot ETF is approved, the opportunities for OTC funds to enter the market will increase significantly. Therefore, a sharp market correction will be the last good opportunity to enter the market. In terms of operating strategy, it is recommended to use 80% of the funds for long-term holding of Bitcoin spot or purchasing Bitcoin mining machines, so as to accumulate more Bitcoin in the long term and enjoy the growth of the entire industry.
Remember, every penny of profit should eventually be used to increase the amount of Bitcoin in your hands. We should use Bitcoin as the benchmark of the market, not legal currency. The remaining 20% of funds can be used to invest in leading projects in various tracks, such as Ordi, Atom, OP, ARB, Lido and SSV, etc., or to buy high and sell low in the short term, and gradually stop profit. In this way, you can flexibly respond to market changes, and there are rules to follow for both offense and defense.
That’s all for today’s article. We are currently in a bull market, and things are turbulent. We share passwords every day.
#BTC下跌分析 #ASI代币合并计划 #SATS.每日智能策略
