SATS

Resistance

Read

Polygon

Chainlink

<p>The satoshi-denominated token <strong>SATS</strong> has seen explosive growth since the announcement of its listing on Binance, with trading volume and holder interest spiking. SATS will be made available on Binance in 3 hours and 15 minutes, according to the <a href="https://www.binance.com/en/trade/1000SATS_USDT" target="_blank" rel="noopener noreferrer nofollow">countdown </a>by Binance.</p>
<p>On-chain analytics provider <a href="https://twitter.com/lookonchain/status/1734470975436227006?t=qjcwoE8kUbCnwhNjHPHhOQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Lookonchain </a>reports that the SATS price has risen <strong>155%</strong> in the aftermath of its Binance debut. Additionally, the top 20 SATS holders now control 333.3 trillion tokens, worth over $150 million—nearly 16% of the total supply.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="948" src="https://captainaltcoin.com/wp-content/uploads/2023/12/image-322-1024x948.png" alt="" class="wp-image-397018" srcset="https://captainaltcoin.com/wp-content/uploads/2023/12/image-322-1024x948.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-322-300x278.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-322-767x710.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-322-1536x1422.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-322-2048x1896.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-322-162x150.png 162w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-322-100x93.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-322-378x350.png 378w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-322-788x729.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-322.png 1266w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Signs point to a major whale accumulation of SATS tokens, likely in anticipation of further adoption among Bitcoin supporters.</p>
<p>24 hour trading volumes have likewise seen immense growth exceeding 624%, reaching $160 million largely through Gate.io and KuCoin.</p>
<p>For context, SATS denotes tokens according to Bitcoin’s smallest unit known as “satoshis”: 100 million satoshis equal 1 BTC. So the SATS token essentially applies satoshi quantities to an ERC-20-style asset using the BRC-20 standard.</p>
<p>With Bitcoin sitting firmly under $42k still, more investors may be viewing SATS as an intriguing derivative bet on BTC reaching higher valuations long-term.</p>
<p>Read also:</p>
<ul>
 <li><a href="https://captainaltcoin.com/polygon-matic-whales-make-mystery-moves-amid-price-plunge/" target="_blank" rel="noopener noreferrer nofollow">Polygon (MATIC) Whales Make Mystery Moves Amid Price Plunge</a></li>
 <li><a href="https://captainaltcoin.com/chainlink-link-signals-breakout-with-eyes-set-on-this-key-resistance/" target="_blank" rel="noopener noreferrer nofollow">Chainlink (LINK) Signals Breakout with Eyes Set on This Key Resistance</a></li>
 <li><a href="https://captainaltcoin.com/battle-for-attention-new-cryptocurrencys-presale-versus-dogecoins-anticipated-surge/" target="_blank" rel="noopener noreferrer nofollow">Battle for Attention: New Cryptocurrency’s Presale Versus Dogecoin’s Anticipated Surge</a></li>
</ul>
<p>The on-chain data and volume metrics suggest surging bullish momentum that could be just getting started. SATS appears positioned to capitalize on Bitcoin’s next rally by denominating value in stackable satoshi units.</p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>74% of retail CFD accounts lose money.</strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy thetrades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/sats-surges-150-following-this-exchange-listing-announcement-expert-reveals-intriguing-data-about-top-20-holders/" rel="noopener noreferrer nofollow">SATS Surges 150% Following This Exchange Listing Announcement; Expert Reveals Intriguing Data About Top 20 Holders</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

SATS Surges 150% Following This Exchange Listing Announcement; Expert Reveals Intriguing Data About Top 20 Holders

목차

CaptainAltcoin

2023년 12월 12일에 게재된 다른 기사

Insights from a Crypto Analyst: The Resilient Rise of Solana

Bitcoin Price Prediction: Market Reacts to FOMC Meeting, El Salvador Bond & Google’s New Ad Policy

There Is a New Update on Terra (LUNA) Founder Do Kwon’s Fate

FTX Token, VC Spectra, The Sandbox: The Crypto Trinity Dominating Investor Preference

Altcoin Called Dead Suddenly Surges in Price After Announcing Comeback

SSV Network launches game-changing Ethereum DVT mainnet

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!