Understanding 1000sats: The Cryptocurrency Denominated in Satoshis
In the ever-evolving world of digital currencies, 1000sats stands out as a unique cryptocurrency. Named after Satoshi Nakamoto, the pseudonymous creator of Bitcoin, a âsatoshiâ is the smallest unit of Bitcoin, equivalent to 100 millionth of a single Bitcoin. The term â1000satsâ refers to a denomination of satoshis, making it a more accessible and relatable unit for everyday transactions.
Market Overview
As of April 2024, the live price of 1000sats is approximately $0.000273 USD, with a market capitalization of over $573 million USD1. The 24-hour trading volume has been reported to be around $33.22 million USD, indicating a vibrant and active market for this cryptocurrency1.
Tokenomics
1000sats operates with a total supply capped at 2.1 trillion coins, mirroring the fixed supply nature of Bitcoin2. This limited supply is designed to prevent inflation and maintain the currencyâs value over time. The circulating supply of 1000sats is also set at 2.1 trillion coins, ensuring that every coin minted is available for trading and use2.
Trading and Usage
1000sats can be traded on several centralized cryptocurrency exchanges, with Binance being one of the most popular platforms. The most active trading pair is 1000sats/USDT, which accounts for a significant portion of the daily trading volume3. The currencyâs denomination makes it particularly suitable for microtransactions and small-scale transfers, bridging the gap between the high value of a single Bitcoin and the practical needs of daily commerce.
@1000SATS will do 50 to 100x this bull run watch out
LIVE
1000SATSćžç„
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Bullish
The trend of #satsïŒćŸææŸïŒ is very strong. It must be sats, the inscription leader, that led to the explosion of altcoins in April. You just need to go all in and ignore everything else.
#BitcoinâŻâŻâŻ has done the unthinkable- it printed a third, consecutive #TBO Breakout symbol đ„ ON THE DAILY TIME FRAME! This is a PERFECT cluster and is very uncommon on the daily time frame for $BTC . The last time this happened was back in 2016, and each Breakout Cluster led to Bitcoin pushing up over 60% each time, followed by a SEVERE pullback of -30% +/-. Bitcoin is way more mature as an asset today than it was eight years ago, so a 60% pump is unlikely, but even a 30% push would put us at $66,000 đ± expect 66k next two months
#BitcoinâŻâŻâŻ printed a #TBO Close Long (that blue diamond above the candle) on yesterdayâs daily candle đŹ A TBO close long tells us to consider taking some profit out of our long position, AND The trend could be turning bearish. $BTC hit that red support line, which is a good sign for now, and yesterdayâs lower wick is higher than the previous dump: both good signs. But if Bitcoin gets below this trend line, kick yourself if you didnât take at least a little profit at $48k. Will it go back up there again? Yes, but it could take some time (longer than most can wait).
I hope you all have had a fantastic weekend âïž As we look to the week ahead, all eyes are focused on the #BitcoinâŻâŻâŻ ETF decision coming on January 10th đ But while the market is paying attention to $BTC, we know that with AB Trading there are charts that don't care what Bitcoin is doing, like $ALEPH. Looking at this chart, you can see that $ALEPH has consistently jumped more than 20% each time the price came down into the #TBO Fast Line. I call this the "springboard" effect with the TBO, and it works very well with $ALEPH
one of my tips, on making money this bull run,is to start partaking in lunchpool , accumulate as many coins as possible .. most of them will do at least 500x
LIVE
Binance Announcement
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Introducing Xai (XAI) on Binance Launchpool! Farm XAI by Staking BNB, FDUSD and TUSD
Fellow Binancians, Binance is excited to announce the 43rd project on Binance Launchpool - Xai (XAI), a gaming blockchain built on top of Arbitrum as its first L3. The webpage is estimated to be available in 24 hours, before the Launchpool starts. Users will be able to stake their BNB, FDUSD and TUSD into separate pools to farm XAI tokens over four days, with farming starting from 2024-01-05 00:00 (UTC). Listing Binance will then list XAI at 2024-01-09 10:00 (UTC), and open trading with the XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD and XAI/TRY trading pairs. The Seed Tag will be applied to XAI. XAI Launchpool Details: Token Name: Xai (XAI)Max Token Supply: 2,500,000,000 XAI Launchpool Token Rewards: 75,000,000 XAI (3% of total token supply)Initial Circulating Supply: 277,118,150 XAI (ïœ11.08% of the total token supply)Smart Contract Details: XAI Token (XAI)Staking Terms: KYC required Hourly Hard Cap per User: 62,500 XAI in BNB pool7,812.5 XAI in FDUSD pool7,812.5 XAI in TUSD pool Supported Pools: Stake BNB (webpage will be available in around 24 hours): 60,000,000 XAI in rewards (80%) Stake FDUSD (webpage will be available in around 24 hours): 7,500,000 XAI in rewards (10%)Stake TUSD (webpage will be available in around 24 hours): 7,500,000 XAI in rewards (10%)Farming Period: 2024-01-05 00:00 (UTC) to 2024-01-08 23:59 (UTC). XAI Farming Distribution Dates (00:00:00 - 23:59:59 UTC each day)Total Daily Rewards (XAI)BNB Pool Daily Rewards (XAI)FDUSD Pool Daily Rewards (XAI)TUSD Pool Daily Rewards (XAI)2024-01-05 - 2024-01-0818,750,00015,000,0001,875,0001,875,000 Read about Xai (XAI) in our research report here, which will be available within 30 minutes of publishing this announcement. Project Links Website: https://xai.games/ Whitepaper: https://xai-foundation.gitbook.io/xai-network/xai-blockchain/welcome-to-xai X: https://twitter.com/XAI_GAMES Discord: https://discord.gg/xaigames Telegram: https://t.me/XaiSentryNodes Medium: https://medium.com/@xaifoundation Please note: Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get usersâ hourly average balances and calculate user rewards. User rewards will be updated each hour. Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their spot accounts at any time.Each poolâs annual percentage yield (APY) and total pool balance will be updated in real time.Tokens can only be staked in one pool at a time. For example, User A cannot stake the same BNB into two different pools at the same time, but can allocate 50% of their BNB into pool A and 50% into pool B.Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately.Tokens staked in each pool and any unclaimed rewards will be automatically transferred to each userâs spot accounts at the end of each farming period.Binance BNB Vault and Locked Products will support the Launchpool. Users who have staked their BNB in BNB Vault and Locked Products will automatically participate in the Launchpool, and receive new token rewards.If there are more than one Launchpool projects running concurrently, users' BNB assets in BNB Vault and Locked Products will be split and allocated into each project equally unless otherwise specified.BNB Vault assets collateralizing against Binance Loans (Flexible Rate) are not entitled to Launchpool rewards.BNB staked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdrops, Launchpad eligibility and VIP benefits. Participation in Launchpool is subject to eligibility based on the user's country or region of residence, and please refer to the instructions on the Launchpool page. Please note that the list of excluded countries provided below is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations.Users need to complete their account verification and also be from an eligible jurisdiction to participate in farming XAI. Currently, users residing in the following countries or regions will not be able to participate in farming XAI: Belarus, Canada, Cuba, Crimea Region, Democratic Republic of Congo, Iran, Japan, New Zealand, Netherlands, North Korea, South Sudan, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), Zimbabwe, and any non-government controlled areas of Ukraine This list may be updated periodically to accommodate changes in legal, regulatory, or other factors. Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Thank you for your support! Binance Team 2024-01-03
$DOGE has printed a #TBO Close Short đ cluster on the 4-hour near support.
To be honest, I'm not 100% in love with this setup, but this is the first time we've seen a Close Short cluster since September 28th when $DOGE was at $0.06 (up 50% from that cluster).
I hope you all had a happy New Year celebration đ„ł #BitcoinâŻâŻâŻ seems to be celebrating a day late đ The #TBO printed a Close Short đ yesterday afternoon near TBO Support (a strong sign for a bounce) and is up 6% so far, breaking through TBO Resistance at $44,240. The only thing I'm careful about with this move is the lack of volume, but other than that, it's a nice breakout so far to start off 2024 with a bang đ
Binance January Missions: Complete Missions to Share 1,000,000 Binance Points & Unlock Exclusive Rewards! (2024-01-02)
This is a general announcement. Products and services referred to here may not be available in your region. Activity Period: 2024-01-02 00:00 (UTC) to 2024-01-16 23:59 (UTC) How to Get Started Step 1: Visit the landing page.Step 2: Click the âDo itâ button next to the corresponding mission.Step 3: Complete missions during the Activity Period to get a corresponding number of Activity attempts. Other ways of completing a mission shall be deemed invalid.Step 4: To make an Activity attempt, click âGOâ on the landing page. The cursor will rotate and settle on a square, which represents the outcome of the attempt. What Are the Prizes 5 Binance Points10 Binance Points20 Binance Points50 Binance Points100 Binance Points150 Binance Points200 Binance PointsAn equal share of a 200,000 Binance Point Rewards Pool amongst all eligible participants who qualify for this prize, which will be distributed within 72 hours after the Activity ends How to Get Attempts Complete the missions below to unlock Activity attempts: Successfully refer one friend to sign up for a Binance account and complete KYC to unlock two Activity attempts.Trade at least 200 USDT equivalent in total volume (buys and/or sells) on any spot trading pairs to unlock one Activity attempt.Trade at least 100 USDT at Binance P2P in a single transaction to unlock one Activity attempt. Please note that each mission can only be completed once every five days by each participant during the Activity Period. Complete Missions Now! Terms & Conditions Only users who complete KYC are eligible to participate in the Activity.To participate in the Activity, users must click the âDo itâ button next to the corresponding mission first. After that, users may complete the mission at any time during the Activity Period to get Activity attempts. Other ways of completing a mission shall be deemed invalid.While Binance Points from the successful Activity attempt will be distributed to users when they complete the Mission, Binance Points from the 200,000 Binance Point Rewards Pool will be distributed within 72 hours after the Activity ends.Users will be able to log in and redeem a variety of rewards using Binance Points via Profile > Rewards Hub. Please note that each Binance Point will expire on the last day of the same month of distribution in the following year, if it is not used to redeem rewards at the Rewards Hub. For more information on Binance Points, please refer to the FAQ. Non-Binance users may click here to register for a Binance account and get a 10% spot trading fee discount. The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. Sub-accountâs trading volume will not be combined with the master accountâs standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this Activity.Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk account registrations, as well as trades that display attributes of self-dealing or market manipulation.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.