SATS is an abbreviation for Satoshis, which is the smallest unit of Bitcoin. Each Bitcoin can be divided into 100,000,000 satoshis. 1 Satoshi (SATS) equals 0.00000001 BTC. In the Bitcoin blockchain and its source code, all Bitcoin quantities are priced in satoshis. These amounts are converted to Bitcoin for familiarity and readability.
Unisat Swap module development: Unisat is developing a brc20 swap module and plans to launch it on the Bitcoin mainnet and the second-layer network Fractal Bitcoin developed by Unisat. The Fractal swap is scheduled to go live this September, offering faster confirmation speeds and lower overall fees, all based on the brc-20 protocol and using brc-20 sats as gas fees.
• SATS market cap growth: According to market data, the total market cap of SATS has surpassed ORDI, currently reported at $664 million, ranking 99th in the cryptocurrency market cap leaderboard. The current price of SATS is reported at $0.0000003164, with a 24-hour increase of 22.2%.
• Coinbase supports SATS: Coinbase International Exchange and Coinbase Advanced will support Degen, EOS, and SATS perpetual futures contracts. The DEGEN-PERP, EOS-PERP, and 1000SATS-PERP markets opened on August 15, 2024, at 17:30 (UTC+8) or later.
• SatsChain launched: The EVM-compatible Bitcoin L2 network BEVM has announced the launch of its pre-development platform SatsChain based on its tech stack, which uses SATS as the gas fee and the sole governance token, providing a testing environment for developers.
• Unisat has launched Brc20-swap and introduced SATS to the testnet, with the number of SATS holding addresses continuing to grow.
• Unisat uses SATS as service fees: Unisat has announced that SATS will be used as service fees, bringing SATS into the application layer.
Based on multi-faceted research and analysis on Sats, it is worth buying a little during dips. When sats were listed on Binance, the listing price was 0.0000005, which once rose to 0.00000094, and now the price is around 0.00000031. Entering the market at the current price still offers good value. You can build positions gradually and sell after the positive news is fully priced in before January 20.
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