Saitama Inu (SAITAMA) Discussion Thread

satireprod

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I was hoping for close to that by next week:pachaha:j/k

I honestly don’t know tho…my concern is still the supply…it’s in the tens of quadrillions…it’s gonna take a lot to move it to that price…I look at kucoin as the first real exchange it’s on so we’ll see what the added volume does soon enough

HILARIOUS lol I do think it's possible that we can touch that number in November with Kucoin but them whales lurking around will try to push it down.. like I understand they're part of the game but today they were fighting hard to make sure it didn't crack that zero...still did for a while:wow:
 

JoelB

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interesting tidbit...they're going to allow listings of other coins on Saitamask and I was watching a Youtube video that was detailing that those coins that are bought/swapped with Saitama pairings will also help with reflections (burns) If true that could be huge.


yep, they’re going for the jugular. Everything bought and sold on saitamask will be paired with saitama.

they said the fees will be cheaper than all the other swaps.

I was saying this a few pages ago, if/when saitamask catches on. The burn rate will be on steroids.
 

satireprod

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yep, they’re going for the jugular. Everything bought and sold on saitamask will be paired with saitama.

they said the fees will be cheaper than all the other swaps.

I was saying this a few pages ago, if/when saitamask catches on. The burn rate will be on steroids.

:wow:Yep, no one can say they're not being ambitious. I think they said the burn rate to the burn wallet has been 1.5% per month the last 3 or 4 months. (Overall 55.6%) I wouldnt be surprised if it double or tripled with Saitamask :ehh:
 

satireprod

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Why would whales want to suppress it? Don't they benefit from an increase in price?
It's a few reasons why they might do that.

One being that they could sell a good portion of their bag causing the price to lower drastically causing others to paper hands out of their position. They then can buy back at a cheaper price. Its manipulation but it can be effective.
 

Barlow

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this reminds me.

for someone new, what are some good things to look for when investing in a coin, particularly newer ones to get in early?
 
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