It’ll be a clever way to provide exclusivity if it catches on. And the idea is to allow only Saturna holders to purchase NFTs in their market. A nonfungible token (NFT) marketplace has already been teased. But there are also plans to introduce utility applications to help it compete with similar tokens. Whether that’s convincing enough to invest in it is up to you…Īs adoption increases, the Saturna crypto team appears to want to increase its utility. But it does show that the team is willing to put in time, money and effort. This is by no means proof of Saturna’s legitimacy. And the one conducted by TechRate can be found here. The Solidity Finance audit can be found here. Saturna crypto has already undergone audits. And first and foremost, it isn’t just about feeding fuel to the hype train. However, beyond the short-term goal of increasing adoption and drumming up excitement, Saturna crypto has revealed some important details. You can read the details in its white paper. So Saturna has set its sights on not just mooning once but mooning 82 times. And it’d be hard to find any investment outside of crypto that has done just that so often. Although, I don’t know anyone that doesn’t revel in turning a few bucks into a few thousand. If there’s one thing young investors love, it’s riding an investment to the moon. And they’ve got an 82-point plan to get there. They want to make Saturna crypto the next big thing. The team behind the coin looks to have their gaze set on the future. And the team is certainly fulfilling that end of the bargain.Īll of this isn’t to say that Saturna is another “meme coin” built to be pumped and dumped. But it’s hard to not appreciate the honesty. In an “ask me anything” (AMA) held on Discord, the founders of the Saturna crypto addressed this directly by noting, “Utility is currently secondary to ensuring that there is excitement in the community.” It’s bold to come right out and say that. Now that the obvious has been covered, let’s take a closer look at Saturna… What Makes Saturna Crypto Tick?Ī lot of crypto investors love the hype around a new project as much as the actual utility. But, to be fair, folks should be cautious with any investment they make. This is why it can pay off to be cautious when investing in any crypto not listed on a major exchange. And there isn’t usually an audit required to get a new coin listed. And it’s practically free.Ĭoins can often be listed on a DEX for free. This happens a fair amount with new coins trading on decentralized exchanges (DEXs). Once enough folks decide to throw some money at it, the creators can withdraw everything from the liquidity pool and drive the coin’s value to zero.Īnd it’s natural to be skeptical. That can be enough to convince more and more folks to try to get in on the action… Before they miss out on the next big thing (FOMO is real – especially in the investing world). When a new crypto pops, the big question is always “Is it a rug-pull?” When a coin spikes in value and adoption, it grabs a lot of attention. And it eclipsed 40,000 holders in the first week. It hit a $10 million market cap and had more than 5,000 holders in its first day of existence. Launched in May 2021, it was one of (if not the) fastest-growing tokens on the Binance Smart Chain to date. The Saturna crypto coin is garnering a lot of attention for such a new token.
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