The Genesis of SATS
- March 9: SATS was deployed with a total supply of 2,100 trillion tokens (21 million sheets), mirroring Bitcoin's satoshis 1:1. Initially dismissed as impractical due to its colossal size.
- April 28: Early skepticism grew as other BRC-20 inscriptions were completed, while SATS lagged at 0% progress.
Key Milestones
May Breakthrough
- May 4–31: Progress jumped from 0.33% to 6.96%, fueled by the rise of $oxbt and Unisat market incentives.
👉 Explore BRC-20 trends on OKX Web3 - Community growth: Addresses surged to 16,047 as KOLs began endorsing SATS.
June Acceleration
- June 15–29: Inscriptions crossed 13.69%, with a whale purchasing $25k worth. Mint cost: $1.35 (market price: $0.80).
July’s Bear Market Advantage
- July 1–30: Progress leaped from 14.13% to 36.87% amid low BTC gas fees—optimal for accumulation.
- OKX’s role: Web3 wallet integration boosted BRC-20 liquidity.
August-September: FOMO Phase
- August 31: Binance’s Ordinals service announcement propelled SATS to 68.56% completion.
- September 24: All inscriptions finished—6 months, $10M+ spent. Unisat’s BRC-20-Swap featured SATS prominently.
October-November: Mainstream Adoption
- October 30: Unisat adopted SATS for fees, enhancing utility.
- November: Listed on Binance (+480% price spike), Gate.io, and Huobi. Market cap surpassed ORDI.
December Peak
- December 12: Binance listing drove SATS to $54 (100x from lowest mint cost).
FAQs
1. What drove SATS’ 100x growth?
Community hype, exchange listings, and Unisat’s fee integration created perfect demand storms.
2. How did OKX influence SATS?
Its Web3 wallet early support provided critical liquidity.
3. Is SATS still a good investment?
Post-100x gains require caution—monitor ecosystem developments like BRC-20-Swap adoption.
Conclusion
SATS’ journey epitomizes BRC-20’s potential, blending memetic virality with real utility. While 2023’s bull run has passed, Ordinals innovations continue evolving.
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Disclaimer: Not financial advice. Invest responsibly.
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