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sats price

sats price

$0.{6}2740
USD
BRC-20
Inscription starting number #357097
View my BRC-20 tokens

Real-time summary of sats price data

The live price of sats is $0.{6}2740 per (sats / USD) today with a current market cap of $576.19M USD. The 24-hour trading volume is $308.28M USD. sats to USD price is updated in real time. It has a total supply of $2100.00T .

sats market data

Market cap
$576.19M
All transactions
82,675

sats price calculator

sats
VectorImg
USD
1 sats = 0.{6}2740 USD
Last updated on (UTC)

About sats

sats is an inscription token issued on the Bitcoin blockchain based on the Ordinals protocol. With a total supply of 21 million bitcoins, each coin can be subdivided into 100 million satoshis (satoshi is the lowest denomination of a Bitcoin), amounting to a total of 2100 trillion satoshis. Inscriptions are created by using the Ordinals protocol to write content to each satoshi. The ordinals protocol involves writing information to each satoshi, including text, pictures, audio, video, etc.

SATS (Ordinals): What Is It and How Does It Work?

What Is BRC-20?

BRC-20 is a token standard developed for the Bitcoin network, utilizing the Ordinals and Inscriptions. Introduced in March 2023 by an anonymous developer known as Domo, BRC-20 tokens represent a significant shift in the Bitcoin ecosystem, allowing for the creation of fungible tokens on Bitcoin's blockchain. Unlike traditional token standards managed by smart contracts on Ethereum Virtual Machine (EVM), BRC-20 tokens are essentially script files stored on the Bitcoin network. This innovative approach enables metadata attachment to Bitcoin transactions, fostering a unique method for token creation and transfer.

The BRC-20 standard, while similar in concept to Ethereum's ERC-20, operates distinctly without interacting with smart contracts on EVM. BRC-20 tokens exist in a secondary market, separate from Bitcoin itself. They are stored as JSON script files on the Bitcoin blockchain, requiring specialized software for sourcing, categorization, and display. This token standard offers a streamlined process for digital asset creation and transfer on the Bitcoin blockchain, with only three functions: deploy, mint, and transfer. Despite its simplicity, the BRC-20 standard has sparked significant interest, with over 17,000 tokens minted as of January 2024.

Read more: What is the BRC-20 Token Standard?

What Is SATS (Ordinals)?

SATS, an abbreviation for Satoshis, is a digital asset based on the BRC-20 token standard on the Bitcoin network. It represents a token economy utilizing the smallest unit of Bitcoin, the satoshi, with each Bitcoin divisible into 100 million satoshis. SATS stands out in the crypto world for its unique approach to token economics, operating without the need for smart contracts and offering flexibility in token creation through the inscription of specific files to satoshis.

SATS leverages the BRC-20 standard to enable a wide range of applications, from payment systems to the gaming industry. It showcases the potential for creating and transferring digital assets on the Bitcoin network, offering scalability and new possibilities in the blockchain and cryptocurrency sectors.

Consider investing in SATS (Ordinals) ? It only takes 2 minutes to create an account on Bitget and start trading SATS.

Resources

Official Website: https://satscoin.vip/en

How Does SATS Work?

SATS operates using the Ordinal protocol, which allows developers to assign unique identities or files to each satoshi on the Bitcoin network. This process, known as inscription, forms the basis for developing both fungible tokens, like BRC-20 tokens, and non-fungible tokens (NFTs) that display digital artwork. The success of SATS is largely attributed to the enthusiasm and support of its community, which has embraced the spirit of exploration and fun in the blockchain technology space.

SATS has a total supply of 2,100 trillion SATS, with a significant number of storage addresses and transactions. Its design as a 100 percent mintable token makes it an attractive option for trading and investment, particularly for those interested in meme tokens. Despite its lighthearted nature, SATS has shown impressive price increases and a growing community, highlighting the diverse opportunities the crypto world offers for both enjoyment and profit. However, like any investment in the volatile cryptocurrency market, the benefits and risks associated with SATS tokens should be carefully evaluated.

SATS in the Bitget Innovation Zone

On November 9th, 2023, SATS was officially listed on the Bitget exchange. This listing marked the beginning of a remarkable journey for SATS, with its price experiencing a substantial increase from its initial listing price of $0.000000026 to an impressive $0.000000500751 as of 22nd January 2024. Bitget's early adoption of SATS set a trend, leading the way for other major exchanges like Gate.io, Mexc, OKX, and recently, Binance, to follow suit.

The introduction of SATS, along with other BRC-20 tokens, has brought a new level of vibrancy to the market. This trend is anticipated to contribute positively to the growth and appeal of the Web3 market in future cycles. In response to the growing interest in BRC-20 tokens, Bitget has established a dedicated trading zone for these assets. This zone supports various popular BRC-20 tokens, including RATS, ORDI, and SATS, showcasing Bitget's strategy to lead in providing access to a broad spectrum of BRC-20 tokens.

How to Trade SATS (Ordinals) on Bitget

Step 1: Go to the SATSUSDT spot trading page

Step 2: Enter the amount and the type of order, then click Buy/Sell.

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For those passionate about expanding their knowledge of cryptocurrency trading and investing, Bitget Academy serves as a vital learning resource. With courses ranging from technical analysis to risk management, Bitget Academy equips learners with the necessary skills and knowledge to navigate the crypto market successfully. Begin your crypto journey by visiting Bitget Academy's website today!

How to buy inscription sats?

The BRC-20 inscription tokens sats are tokens based on the Ordinals protocol and inscribed on the Bitcoin network. To purchase sats, you need a crypto wallet that supports the Bitcoin network. For instance, you can purchase sats on the marketplace within these Bitcoin wallets at unisat.io/market/brc20?tick=sats or ordinalswallet.com/brc20/sats. However, it's important to note that you will need to buy BTC and deposit it into these Bitcoin wallets first before you can acquire these BRC-20 tokens.

Can I purchase sats inscription tokens on CEXs?

Some of the major BRC-20 inscription tokens, including $ORDI, $SATS, $RATS, $VMPX, $PEPE, $BIP, are currently listed on Bitget, where you can purchase them.

How do I inscribe an inscription token like sats?

You can inscribe various types of Bitcoin inscription tokens, including Bitcoin NFT, BRC-20, and more, at web3.bitget.com, unisat.io/inscribe, ordinalswallet.com/inscribe, idclub.io/brc20 or looksordinal.com. The process for inscribing BRC-20 inscription tokens is as follows:
1. First, you need to buy BTC and deposit the acquired BTC in your Bitcoin Wallet.
2. Then, open the inscription feature module on these platforms in your browser and select the BRC-20 type.
3. You can click the search icon and select BRC-20 to view a list of Bitcoin-based inscription tokens.
4. Select an inscription token currently being distributed and participate in the minting process.
5. Select how many times you want to mint this token inscription. With each minting, you will receive a specific number of tokens. For example, with 5 times of minting, you will get five times that specific number of tokens.
6. Enter the gas fee amount. Keep in mind that a higher gas fee will result in a faster transaction processing time.
7. Minting is complete. You can now view the inscribed tokens in the My Inscription section on the Profile page of these minting platforms, or all the inscription tokens on your Bitget Wallet.

Top BRC-20 tokens

Inscription # 357097 status

Inscription ID
9b664bdd6f5ed80d8d88957b63364c41f3ad4efb8eee11366aa16435974d9333i0copy-inscriptionId
Deployed by
bc1prtawdt82wfgrujx6d0heu0smxt4yykq440t447wan88csf3mc7csm3ulcncopy-deployedBy
Deployment time
2023-03-09 05:32:14
Supply/Minted
2100.00T/2100.00T
Holders
46,176
Inscription starting number
#357097copy-inscriptionStartingNo
Inscription ending number
#34539796copy-inscriptionEndingNo
Decimal
18
Limit per mint
100.00M

sats resources

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