SATS represents the smallest unit of Bitcoin, known as “Satoshi”, which is highly contagious and closely related to various developments and positive factors in the Bitcoin ecosystem.
In terms of funding consensus, the biggest feature of SATS is “total supply of 21 trillion coins, with a maximum minting quantity of one billion coins per minting.” In other words, it would take 21 million mintings to achieve 100% Mint Out. Based on the gas level on the BTC chain, it would cost at least 10-20 million USD to achieve 100% Mint Out. Despite the high cost, SATS was actually 100% Mint Out after 6 months, demonstrating its strong funding consensus. The number of addresses holding SATS has now exceeded 39,000.
In terms of asset empowerment, SATS is favored by Unisat, which will use SATS as the transaction fee for its new product BRC-20 Swap. This gives practical utility to the BRC-20 tokens, which originally only had meme attributes, and also brings a deflationary scenario to SATS, undoubtedly making users more optimistic about it. This direct empowerment within the BRC20 ecosystem is much more direct and effective than XEN founder Jack’s BRC-20 token “VMPX” crossing chains to the Ethereum network to find empowerment opportunities.