Contents:
However, more than half have been burned to date, leaving 44,611,512,201,223,700 tokens and a current circulating supply of 43,837,562,581,550,500 SAITAMA at time of writing. No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion.
To see more analysis and outlook, please check the Saitama Inu price prediction page. Most traders use candlestick charts, as they provide more information than a simple line chart. The RSI is a very popular technical indicator used to analyze prices of a variety of assets, including Saitama. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels.
The Saitama token has an inbuilt anti whale feature to prevent large holders from controlling the liquidity. Saitama inu hopes to solve the problem of young crypto investors whom feel confused or frustrated when it comes to finance. The goal is to provide them with content that teaches how money works while they invest. The most recent Death Cross in the Bitcoin market happened 203 days ago, on Oct 13, 2022.
Russell Armands earlier affiliations with the company has helped instill confidence in Saitama inu users. Take your analysis to the next level with our full suite of features, known and used by millions throughout the trading world. However, it’s important to consider both technical factors and fundamental factors (on-chain activity and development) before making the decision to buy Saitama or not. Binance requires users to complete Identity Verification to increase their account security.
Meanwhile, a Golden Cross last occurred on Feb 06, 2023, which was 87 days ago. Comparing Saitama against other important technological innovations and trends is one way of predicting where the Saitama price could head over the long term. According to the official project website, Saitama Inu’s focus is on longevity and sustainability. 55% of its entire token supply has been burned and permanently removed from circulation, leaving only 45 billion SAITAMA in active circulation, with liquidity reportedly locked until June 2024. The total dollar value of all transactions for this asset over the past 24 hours.
Saitama Price
The Saitama golden cross, on the other hand, is generally interpreted as bullish and happens when the 50-day SMA rises above the 200-day SMA. The Saitama price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.
No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. The Saitama death cross happens when Saitama’s 50-day SMA falls below the 200-day SMA. Traders usually interpret a death cross as a bearish signal for future price action, but the actual usefulness of this metric is controversial.
Saitama Inu’s founder remains anonymous, though they renounced the project after it launched on the Ethereum network. It has since transitioned to a completely community-driven cryptocurrency project and coin. Market cap is calculated by multiplying the asset’s circulating supply with its current price. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.
- The Saitama token Users staking their tokens in the Saitama Inu pool will enjoy returns, which are sourced from transactions performed with the SAITAMA token.
- We also gather additional information from different sources to ensure we cover all necessary data or events.
- The Saitama token has an inbuilt anti whale feature to prevent large holders from controlling the liquidity.
- In addition to the simple moving average , traders also use another type of moving average called the exponential moving average .
Saitama traders use a variety of tools to try and determine the direction in which the SAITAMA market is likely to head next. We also gather additional information from different sources to ensure we cover all necessary data or events. Many cryptocurrency traders pay close attention to the markets when the current Saitama price crosses an important moving average like the 200-day SMA. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Saitama Inu price chart.
The Token being launched last year is still relatively new and not readily available in many exchanges. Russell Armands strategy to grow the Shiba Inu project is to adopt a transparent and open communication principles . After a while the Saitama inu project attracted a more structured team of developers led by Russell Armand.
Saitamu Inu was launched on the Etherium network by an anonymous founder in May 2021. The project’s primary goal is to educate the younger generation, especially Generation Z, about investing. According to the project’s whitepaper, the token logo was inspired by a myth about “ghost dogs” in mountains in Saitama, Japan which are guardians against misfortune. Like its native token SAITAMA, the project is also known simply as Saitama.
Get the latest cryptocurrency news directly in your inbox.
In relation to renouncement of ownership…all details of socials, links etc will be locked in. Once renounced, Saitama will become a community drive owner free project”. We hope that this project and more, can be a starting block for changing this world. Saitama token has an inbuilt Deflationary currency approach which protects Saitama token from inflation. The Saitama token Users staking their tokens in the Saitama Inu pool will enjoy returns, which are sourced from transactions performed with the SAITAMA token. Berkshire Hathaway is a multinational conglomerate holding company owned by Warren Buffet.
Since the Saitama market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Saitama’s price movements. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the SAITAMA price.
The purpose of a moving average is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average and exponential moving average . 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels.
The table above shows the number of days which Saitama closed above a certain price level. If you are planning to trade crypto, please consult a financial adviser. After the start of the token on May 30, 2021, on the Ethereum platform, more than 373,982 wallets owned/owns SAITAMA also 1,424,106 successful token transactions have been recorded till today. To check Saitama’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. Saitama Inu is a complete ecosystem built to indulge young crypto enthusiasts and teach them the values of investing. The anonymous founder later openly renounced its ownership, leaving the project at the care of community developers.
In addition to the simple moving average , traders also use another type of moving average called the exponential moving average . The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. Let’s https://cryptolisting.org/ use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Saitama’s price action in 1-hour chunks.
Russell Armand holds an MBA in business management and has four years of working experience in cryptocurrency. Before taking up the Saitama project he was a former Berkshire Hathaway Subsidiary owner. Saitama inu ecosystem besides promoting the values of investing also focuses on developing the project’s wallet, edutainment, market, NFT-based launchpad, and in-house entertainment. Elite Become a Pro Trader with BitScreener.Academy Go from a beginner or intermediate level investor to an expert at your own pace, all in one course! Paper Trading Join over 100,000 individual investors who use CryptoSIM to practice trading. When trying to make a Saitama forecast, many traders also try to monitor the activity of SAITAMA “whales”, which are entities and individuals that control large amounts of SAITAMA.
SAITAMA Token Holders (Updated: 18 hours ago)
An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. You can predict cryptocurrency prices by considering both on-chain and off_chain metrics, as well as technical indicators that take into account Saitama’s past price performance. Another tool you can use is to gauge the market sentiment to see whether investors are optimistic or pessimistic about Saitama. Keep in mind that there is no way to predict the future with 100% success, and past performance is no guarantee of future results. Some traders try to identify candlestick patterns when making a cryptocurrency price prediction to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
Saitama price is $0.00118, down -6.29% in the last 24 hours, and the live market cap is $53M. It has circulating supply volume of 44,812,981,146 SAITAMA coins and a max. Just like with any other asset, the price action of Saitama is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of SAITAMA. The market capitalization of Saitama can change significantly in a short period of time.
If the SAITAMA price moves above any of these averages, it is generally seen as a bullish sign for Saitama. Conversely, a drop below an important moving average is usually a sign of weakness in the SAITAMA market. Moving averages are among the most popular Saitama price prediction tools. As the name suggests, a moving average provides the average closing price for SAITAMA over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for SAITAMA is a sum of SAITAMA’s closing prices over the last 12 days which is then divided by 12.
Saitama Inu Top Token Holders
The Saitama price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. The 200-day SMA is calculated by taking Saitama’s closing prices in the last 200 days, adding them together, and dividing the total by 200. The Relative Strength Index momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold or overbought . Currently, the RSI value is at 19.93, which indicates that the SAITAMA market is in a oversold position.
SAITAMA is an ERC-20 token, operating and available for trade on the Ethereum mainnet. Since the Ethereum Merge, validation on Saitama Inu is achieved through a proof-of-stake consensus mechanism. The percentage of Binance customers who increased or decreased their net position saitama inu chart in BTC over the past 24 hours through trading. Showing how wealth is distributed between all holders, for example, the top 10 richest addresses hold 64.27% of all available supply. The Saitama Inu Token can be bought in a decentralized or centralized exchange.