Will Saito crypto touch $2 by 2022?

December 31, 2021 06:07 PM AEDT | By Manu Shankar
 Will Saito crypto touch $2 by 2022?
Image source: © Sasha85ru | Megapixl

Highlights

  • Saito cryptocurrency is a Layer-1 blockchain project which allows the applications to run directly on the browser.
  • Operating on twin blockchain network, Ethereum and Binance Smart Chain, Saito crypto pays nodes in peer-to-peer network.
  • Saito is ranked 539 on CoinMarketCap, and it is currently trading at the US $0.063124 with a 24-hour trading volume of US $8,238,448.

Saito cryptocurrency is a Layer-1 blockchain project which allows the applications to run directly on the browser. Operating on twin blockchain network, Ethereum and Binance Smart Chain, Saito crypto pays nodes in peer-to-peer network instead of paying to the miners allowing it to deliver services in the permissionless manner.

Through the Saito crypto, the users can make the most of an array of services such as games, communication tools, social media apps, and others. The decentralisation-focussed chain recently launched the Saito Polkadot Arcade, which allows the users to play games on its platform using the DOT, KSM, and WND tokens. 

What makes Saito crypto unique?

Backed by a vibrant community, the Saito crypto is designed to handle enterprise-level key-exchange and encryption requirements. Co-founded by David Lancashire and Richard Parris, the Saito crypto due to its simple Web3 development is able to provide browser application without the need of the Metamask. Its seamless app deployment also lets developers to position the apps without the need to run any infrastructure. Besides, Saito offers holders the voting rights for token withdrawal and also staking rewards to the users.

Also read: Is Nick Szabo the real Satoshi Nakamoto? Elon Musk thinks so!

Backed by the leading set of supporters, which also include Lotus Capital, Gate.io, Signum Capital, the Saito crypto is available for trading on leading exchanges such as UniSwap, Gate.io, PancakeSwap, LBank etc.

How is Saito crypto faring?

Saito is ranked 539 on CoinMarketCap, and it is currently trading at the US $0.063124 with a 24-hour trading volume of US $8,238,448. At the time of drafting, it was up 27.36% with a market cap of US$67,253,075 and a supply of 1,065,408,547 SAITO coins.    

Also read: Why is Decentralized Social (DeSo) crypto high on charts today?     

Market experts predict that the token has a good utility value but will need some time to consolidate itself. Saito crypto has had been on a high since October this year following its Polkadot announcement. Market experts believe that Saito has the potential to grow by +489.9% and its price could up to US$589.9 by 2026.

Having said that, seeing how the volatile the cryptocurrency market was in 2021, investors should adopt a wait-and-watch approach. The investors would be hoping that 2022 would bring cheer to the market, which could help the market strengthen and bring back the investors’ confidence.


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