Saitama is a meme, dog-themed and community-driven coin that wants to develop solutions to educate the next generation of investors and make cryptocurrencies simple and secure for everyone. According to its whitepaper, it focuses on Generation Z investors and aims to provide them with content that teaches them how money works while investing, thus opening up opportunities for wealth creation.
“Welcome to Saitama, a community driven platform promoting financial well-being by empowering people of all ages and cultures to be in control of their money and create their own wealth opportunities,” proclaims Saitama Inu’s website, and continues “The $SAITAMA token is our medium, it was built on the Ethereum blockchain (ERC-20) with a smart code that makes it safe to invest and beneficial to hold.”
This fully deflationary token is coded in a way that “prevents big wallet holders (whales) from trying to manipulate the price in their favour or from dumping the token by selling out.” It also appreciates with every single successive transaction and its deflationary mechanisms include a redistribution system, in which 4% of each transaction is distributed as rewards to holders. The price of Saitama Inu at the time of publication was US$0.000000101274 with a trading volume of US$72,270,743 in 24 hours and its price had risen 21% in the last 24 hours.
Online exchanges, such as Binance, Coinbase Exchange, FTX and Kraken, support most commonly traded cryptocurrencies, so users can exchange them. This is why getting listed is so important for tokens and there has been rumour that Saitama will be listed soon. Most exchanges, both small and large, often charge for projects to have tokens and coins listed and they usually have some conditions:
“There are no set requirements. We want good coins listed on Binance, such as coins with a proven team, a useful product, and a large user base. Apply for listing only if you have at least a minimum viable product.”