In May 2021, Saitama Crypto, better known as Saitama Inu, was on the ETH (Ethereum) network. The primary goal of the project is to educate the next generation of crypto investors. Yes, we are talking about Generation Z and investing.
The Saitama crypto currently trades at 0.00000004174 dollars per token with a total market capitalization of 1.86 billion dollars and a circulating supply of 44.6 quadrillion.
There’s no doubt that Saitama is an innovative, modern digital asset that offers a unique opportunity to take part in the constantly evolving crypto space. With its promising tokenomics and a strong focus on community, this token is becoming popular quickly in the DeFi (decentralized finance) space.
In this detailed blog, we will talk about Saitama Inu, its primary features, and why you need to add it to your crypto portfolio!
So, What Is Saitama Crypto?
Saitama Crypto, or SAITAMA, is an innovative decentralized platform that aims to educate the new generation of investors about crypto investments. The platform also empowers its users to build wealth opportunities on their own.
For this reason, the creator of this platform came up with a simple ecosystem to cultivate knowledge about crypto among the younger generations easily. Moreover, the platform does this while ensuring inclusivity for older generations.
Now, the whole Saitama project isn’t just about investing. It also prioritizes in building the project’s NFT-based launchpad, in-house entertainment, market, edutainment, and wallet.
The Saitama Inu Coin:
The native token of Saitama Inu is SAITAMA. As per Saitama crypto’s whitepaper, the logo of the toko took inspiration from a myth involving ‘ghost dogs.’ In fact, the myth has its origins in the mountains of Saitama in Japan. Interestingly, ghost dogs are basically guardians against any kind of misfortune.
Moreover, SAITAMA falls under the category of meme tokens and is primarily an ERC-20 token. Recently, the token has become popular in the crypto community since it is a dog-themed meme token.
Typically, meme coins that are dog-themed are more popular and experienced a relatively better increase in price only last year, during the Shiba Inu and Dogecoin hype.
Who’s Behind The Innovative Saitama Crypto?
At the beginning of the blog itself, we mentioned how an anonymous founder launched Saitama Crypto in 2021. However, the anonymous founder renounced Saitama after launching it on the ETH network.
If you are new to the crypto space, this action might appear to be confusing. But the truth is that in the crypto space when someone renounces their ownership of any project, it is a way of saying that the project in question isn’t a rug-pull scam. However, you should never think that renouncing ownership guarantees that the project is 100% free from risks.
Coming back to Saitama, once the founder of Saitama Inu renounced ownership, the crypto community inherited the project. This means that developers in the crypto community stepped up and started working on the project.
Later, the project garnered the attention of Russell Armand and his team. So, Russell Armand is the former subsidiary owner of Berkshire Hathaway. Now, the project falls under Armand and his team’s operation. The current CEO of the Saitama Inu project is obviously Armand.
Moreover, Armand has adopted an open and transparent communication mode to build Saitama crypto as a project dedicated to the community.
For instance, users on the Saitama platform can communicate with the different pool leaders through interviews or live AMAs that take place every week. Additionally, users can access these community features via several channels.
Saitama Crypto: Tokenomics
There is a total supply of a hundred billion SAITAMA tokens, with 45 billion in circulation currently. The remaining 55% of the supply has undergone burning. Now, this offers a sort of deflationary mechanism to the digital token.
Moreover, Saitama’s smart contract ensures that all transactions are efficient and secure. Also, its liquidity is under lock till June 2024 to ensure its market stability.
Additionally, Saitama crypto has a relatively low tax rate. This, in turn, contributes to liquidity and funding while also keeping the taxes pretty low. As a result, the business model becomes sustainable.
On top of that, the token is CEX-friendly. As a result, exchanges can whitelist it, decreasing the supply of tokens.
Saitama Crypto: Primary Features
Saitama crypto stands out for its versatile features as well as remarkable use cases. Here’s everything that makes the SAITAMA token so unique!
1. Enhanced Security:
With the liquidity pool’s ownership and multisig wallets, the SAITAMA token offers an extra security layer. Moreover, you can feel secure knowing that all your investments are safe.
2. Meets Future Expectations:
SAITAMA can adapt as well as evolve as a token in a way that its use cases will also progress. This is a kind of flexibility that makes sure the token stays at the front of innovation in the dynamic crypto space.
3. Sustainable Business:
SAITAMA launches brand-new tokenomics that can maintain low tax rates while contributing to both liquidity and funding. As a result, the business model is sustainable and it promotes a good, healthy ecosystem for promoting growth in the long run.
4. CEX-Friendly Token:
SAITAMA offers plenty of flexibility to the whitelist exchanges. That way, it ensures smooth trading and integration. Moreover, the decreased supply of tokens adds to the appeal, creating a feeling of exclusivity.
5. Hyber Burn:
Working on its popular burn feature, SAITAMA does come up with manual hyper-burn events that enhance the token’s deflationary mechanism. Now, this is a unique feature that only adds to the value and excitement of the token.
6. No Memes Anymore:
While the SAITAMA token started out as a standard meme token, since then, it has grown into a utility digital token. Now, the token’s transformation aligns it with the increasing trend of purpose-driven and practical tokens.
Is Saitama Crypto A Good Investment?
As per Saitama’s roadmap, the Saitama crypto is currently in the final development stages. In this stage, the platform is aiming for 200K wallets or holders while trying to launch the fan token, introduce SaitaMaker and Saita Mask V1, and work on more partnerships.
Moreover, there is a growing hype over NFTs at the moment. As a result, it is possible that Saitama Inu might also be gearing up to release their NFT-based launchpad since it will attract relatively more people to the platform. This, in turn, will expand Saitama Inu’s user base.
With its growing use cases, promising tokenomics, and strong community focus, Saitama is one crypto you must have in your investment portfolio. By purchasing the SAITAMA token, you can actually invest securely and quickly in the future of crypto. So, what is it that’s making you wait? Get started NOW!
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