Saitama Inu SAITAMA Price Live Chart, Index, Market Cap
To see more analysis and outlook, please check the Saitama Inu price prediction page. While looking to expand the utility of SHIB, the development team introduced a metaverse — a virtual reality project powered by non-fungible tokens (NFTs). Here, users can mint parcels of digital lands using ETH or its equivalent amount in SHIB tokens. It has been speculated that Vitalik Buterin was behind the initial liquidity that helped set up Shiba Inu’s liquidity on Uniswap. According to Ryoshi, he had “a fren” he met at Devcon in Osaka that sent him 10 ETH to set up the liquidity pair on Uniswap.
This move is not just a change in classification but a step towards a more efficient, user-friendly, and advanced ecosystem. This shift was driven by a vision to seamlessly integrate cryptocurrencies into the real world and everyday lives. This focus brings us to the present day evolution of SaitaChain Coin, which is the next step to redefining the practical use cases of cryptocurrencies, setting the stage for bigger things. As part of the evolution, SaitaChain Coin will have 0% transaction fees on SaitaChain, fostering a seamless and cost-effective user experience. For transactions via ETH and BSC, a minimal 2% fee will be applicable, which is half of what it was before (4%). With this fee structure, we want to encourage users to engage more actively within the SaitaChain ecosystem, demonstrating that the company does not benefit from the users, but the users benefit from the company.
SAITAMA Technical Analysis
Ryoshi also stated that Shiba Inu was an experiment in decentralized community building, and he thus declined all the influencer requests and pitches from different exchanges he received. His “job” is to defend the brand and give suggestions, although he does so very sparingly, as his last blog entry dates back to May 2021. The anonymous creator of the Shiba Inu coin is known as “Ryoshi.” However, very little is known of the mystery founder of the dog-themed cryptocurrency, much like the founder of Bitcoin, Satoshi Nakamoto. SHIB is a decentralized, community-led currency held by millions across the globe. In a strategic move, we have decided to rebrand and discontinue the Saitama Token, paving the way for a grand reimagining. Introducing SaitaChain Coin (STC) – a revamped and improved version of the token that aligns seamlessly with the company’s new vision and roadmap.
Wealth distribution is an important factor to consider when researching a cryptocurrency. It refers to the percentage of the total supply of the cryptocurrency held by the top wallet addresses. A major reason for the surging price of SHIB was a continued effort by the SHIB community to build a utility for the Shiba Inu token and the subsequent emergence of an entire Shiba Inu ecosystem. To check Saitama’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. SaitaChain Coin represents more than just a crypto coin; it symbolises a comprehensive shift in Saitama’s approach.
Graphique SaitaChain Coin / EUR
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- SHIB is a decentralized, community-led currency held by millions across the globe.
- Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Saitama Inu price chart.
It gained significant traction as a community- run token, symbolising the enthusiasm and the collaborative spirit of the Saitama community. Following the success of the meme token, the Saitama Token emerged on May 30th, 2022, marking a transition from a meme token to a utility token. Over the past 7 days, Saitama Inu has gained 0.00%, underperforming the overall crypto market which posted a 1.10% gain. This indicates a temporary lag in SAITAMA’s price action relative to the broader market momentum.
- Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance.
- To see the latest exchange rate, Saitama Inu historical prices, and a comprehensive overview of technical market indicators, head over to the Saitama Inu page.
- Saitama Inu (SAITAMA) is a community-driven cryptocurrency project built on the Ethereum blockchain.
- Additionally, retailers increasingly started adopting SHIB as a means of payment following its popularity among small-time investors.
- If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.
In mid-2021, Ryoshi kept to his promise and stepped away, leaving the token entirely in the community’s hands. This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin. A measure of how much of a cryptocurrency was traded in the last 24 hours. For the last 30 days, more than 270 SAITAMA transactions have been made, on average daily 9 completed transactions. For more information about how to buy crypto with fiat, check out CoinMarketCap’s education portal — Alexandria.
Saitama Inu is currently neutral (54%), which suggests that now is a neutral time to sell for . This trend is determined by the technical indicators on our Saitama Inu price prediction page. To determine whether a coin is bearish or bullish, we use technical indicators such as the Relative Strength Index (RSI) and important simple and exponential moving averages.
The table above shows the number of days which SAITAMA INU closed above a certain price level.
Additionally, retailers increasingly started adopting SHIB as a means of payment following its popularity among small-time investors. American electronics retailer Newegg added SHIB at the start of December 2021, partnering with crypto payments platform BitPay to unlock payments in SHIB. At one point, the Shiba Inu community called for McDonald’s to accept Shiba Inu, although the social media effort eventually fell short.
The project offers a suite of tools including a wallet, a marketplace, and educational content designed to make crypto more accessible and understandable. What makes Saitama relevant is its mission to bridge the knowledge gap in crypto finance, providing resources that help users make informed decisions while participating in the digital economy. No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion. The Saitama price page is just saitama inu chart one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies.