sats (Token): Affected by the launch of sats on Binance, the highest increase in short-term sats reached 127%, and the transaction volume on the chain reached 21.85 million US dollars in the past 24 hours. At the same time, Unisat announced the use of sats as the functional token of brc20 swap, which is the first functional token of brc20.
From the perspective of the crypto market:
1. The US CPI data was announced yesterday, but it was slightly negative for the currency circle and the overall impact was not significant.
2. With the listing of SATS on Binance, the foundation of BRC-20 and Inscription has become much deeper. Bitcoin will continue to break new highs, but whether you are an investor on an annual basis or a swing operator, remember not to be fooled. Washing the car is very important.
3. Focus on the Ethereum Cancun upgrade, Bitcoin halving, spot ETF time and various developing currencies of the Bitcoin ecosystem, and prepare ahead of time
4. Believe in the market, believe in the market, believe in the market
$rats currently ranks second in trading volume on Unisat and OKX exchanges, behind $sats. Although this coin has not yet been fully minted, it has attracted huge attention, causing the mempool to be flooded with $rats, which directly drove the gas fee increase in the current round. Some market observers believe that $rats may become the second $sats, showing great potential.
From a fundamental point of view, $rats was deployed on March 11, with a total of 1 million coins, and the number that has not yet been minted is the remaining 200,000 coins, which is expected to be completed today. In terms of market value, each $rats is only 3u, and the total market value is only 3 millionu. In comparison, the market value of $sats has reached 140 millionu. Conservative estimates suggest that the market value of $rats in the first phase is expected to reach 20 million u. Enter👗Jiawei♥: 2327321427
What makes $rats unique
What makes $rats unique is not only its proportions, but also its many narrative elements:
The concept of animal meme coins is impressive.
First of all, the rat, as the first of the twelve zodiac animals, gives the currency its uniqueness and echoes the cultural heritage of the twelve zodiac animals.
There is only one letter difference between $rats and $sats, which makes for an interesting contrast that grabs people's attention. This clever naming evokes a relaxed atmosphere.
The slogan "Rat! Rat! Rat!" (Damn) not only has a sense of humor, but also appears humorous in the Chinese translation, injecting some fun into the project.
In addition, $rats also has potential IP value, covering pop culture elements such as Mickey Mouse, Tom and Jack, as well as the five rats in the Chinese classic "The Three Heroes", adding more interesting elements to the project.
The satirical element of "rats crossing the street, everyone shouts mint" makes this project more interesting and makes people think.
In addition, the irony of the exchange’s rat warehouse issue also attracted public attention, further increasing the project’s visibility.
Finally, $rats’ trading volume and market capitalization may be important indicators of its success and will receive more attention in future developments.
1. In the current situation, Binance okx is outside of the exchange layout, and I can’t think of any other logic. I've only seen this kind of crazy rise in Shib this year, and it's scary. Rats' current market value is less than 200 million elephants.
2. Compared with the 69,000-level BTC, the market value of the leading meme coin that year was 60 billion. This round of ETFs is superimposed on today's Fed water release expectations, and a large water release comparable to 20/21 is about to come. If calculated based on the 2-3 times increase in Bitcoin, the overall fund size of the currency circle will be several times higher than in 2021. Under optimistic predictions, the leading meme leader in this round of bull market may become a dark horse worth 100-200 billion US dollars. i.e. $rats thousand times expected
3. Uncertainty of the leader:
Whether Ordi and sats are in the same position as dragon one and dragon two is open to question. The currency circle has always relied on gains to convince people. During the same period of eth, there were many so-called "leaders" that were stronger than eth in terms of expectations and fundamentals, but they all ended up changing hands. Judging from the current fundamentals and narrative logic, it is possible for rats to win the so-called "leading" throne. But that doesn't mean it will definitely happen.
4. Dual logic narrative:
Rat naturally has the dual buff narrative of meme coins and brc20 tracks, and superimposes the concept of "everyone owns, belongs to the people", which is very similar to the previous "RMB". Moreover, the circulation is sufficient and the shareholdings are extremely dispersed. The fundamentals are invincible. These fanatics are the logical attribution to the rise of the Rat. Everything is reasonable and everything is arranged just right. The shining star of this bull market is the U.S. dollar, and it must be the U.S. dollar.
Ending with a completely reasonable prediction; in this round, a large number of people will achieve financial freedom through rats, and rats will repeat crazy scenes; filled with domestic platforms such as Weibo, Zhihu, and Douban, repeated headlines broadcast, Attracting a large amount of OTC funds into New Leek.
