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How much is the SATS coin issued? Detailed introduction to the total amount of SATS coins issued

王林
Release: 2024-02-12 08:20:28
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SATS is a meme currency developed based on Bitcoin's Ordinals protocol. The name originates from Bitcoin's smallest unit Satoshi. The SATS currency based on the BRC-20 token standard was announced on March 8, 2023, that is, Starting its cryptocurrency journey, SATS coin was launched for spot trading on Binance in December 2023. This news also instantly led to a huge increase of more than 120% for SATS coin, which shocked investors and turned to Investment in SATS coins. Many investors want to know how much SATS currency is issued? To determine whether it has rare value, according to data, the circulation is 2,100,000,000,000,000 coins. The editor below will introduce SATS coins to you.

How much is the SATS coin issued? Detailed introduction to the total amount of SATS coins issued

How much is the SATS currency issued?

According to official data, the circulation of SATS coins is 2,100,000,000,000,000 coins, and the current total circulation is 2,100,000,000,000,000 coins.

SATS, as a meme coin developed based on Bitcoin’s Ordinals protocol, officially entered the market on March 9, 2023. Its deployment marks the beginning of a new era, especially a huge breakthrough in its total volume. The total amount of SATS is as high as 2100 trillion, equivalent to 21 million pieces. This number is unprecedented in the cryptocurrency field. This makes SATS a compelling digital asset, triggering widespread attention and discussion in the market. With the launch of SATS, expectations are growing for its potential impact and future development.

This unique digital currency is rapidly distributed and accepted within the Bitcoin network. According to Unisat data, SATS has been held in 39,000 user wallets, proving its popularity and broad user base in the cryptocurrency market.

SATS is unique in the market compared to other memecoins such as ORDI, mainly due to the huge scale of its minting volume. Compared with conventional memecoin, the total amount of SATS far exceeds expectations, which is also its uniqueness in the market. Because of its large-scale casting and wide market acceptance, SATS successfully completed the inscription process in just nine months. This process not only demonstrates the diversity and innovation in the cryptocurrency field, but also reflects the market’s rapid response and strong interest in emerging digital assets.

What about SATS coins?

At present, SATS currency is okay. According to existing data, the current price of SATS currency is 0.066 US dollars, which is lower than the historical high price of 0.06923 US dollars. The current market value is 1,298,945,193 US dollars. Online exchanges include Oyi, There are many mainstream exchanges such as Huobi and Open Sesame. Generally speaking, the current development of SATS currency is not bad.

SATS is the BRC-20 token standard based on the Bitcoin network, which uses the Ordinal protocol to implement its functions. Founded by Casey Rodarmor, the Ordinal Protocol is characterized by assigning a unique identifier to each satoshi, the smallest unit of Bitcoin. These satoshis can be "inscribed" with content, such as text, images, or videos, creating non-fungible tokens (NFTs) on the Bitcoin blockchain. SATSBRC-20 was introduced with the aim of introducing fungible tokens into the Bitcoin ecosystem, thereby expanding the functionality of the ecosystem to include fungible and non-fungible tokens. This innovation enables the Bitcoin network to support more digital assets and transaction scenarios, providing a wider range of choices and flexibility. By introducing SATSBRC-20, the application fields of Bitcoin can be further expanded and the advantages of blockchain technology can be applied to more fields and industries.

SATS owes much of its success to the passion of its community. Unlike most tokens that are created to achieve a significant position in the blockchain ecosystem, SATS was created as an entertainment meme token. The Ordinal Protocol allows developers to assign a different identity or file to each satoshi in the Bitcoin network, which lays the foundation for token development, whether it is a fungible token (such as the BRC-20 token) or a non-digital token displaying digital art. Fungible Token (NTF).

SATS tokens can be used to create and transfer BRC-20 tokens on the Bitcoin network without the support of smart contracts, which means users can have more freedom by entering specific files into satoshi Create tokens.

The above is the detailed content of How much is the SATS coin issued? Detailed introduction to the total amount of SATS coins issued. For more information, please follow other related articles on the PHP Chinese website!

source:jb51.net
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