Satozhi, a BSC-based cryptocurrency built with a similar mold to Bitcoin, has been showing a slow rise from its long-term downtrend. Various traders opine that it is the beginning of another uptrend, as witnessed in 2021. However, the coin is 7.87% down from its recent uptrend. Can we consider this as a dip?
This article will analyze Satozhi’s price movements and check whether it is time to invest in SATOZ token. We will provide a long-term price prediction from 2025 to 2030, and also a short-term price prediction. Also, we will get into a step-by-step purchasing guide. Let’s begin.
What is Satozhi?
Before moving to the price forecast, let’s talk about the basic details of Satozhi a bit. Satozhi is a coin similar to Bitcoin in its tokenomics and mining-reward allocation. However, it doesn’t have its own blockchain to execute transactions. Instead, Satozhi is launched on the Binance Smart Chain and works as an open-source protocol run by the entire community.
The community members include traders, liquidators, and suppliers working together for the advancement of the platform. The unique Proof-of-Burn (PoB) mechanism instead of a Proof-of-Work (PoW) mechanism of Bitcoin allows the hodlers to receive extra rewards in regular mining intervals. Let’s get into the details of its native token SATOZ.
How Does the SATOZ Token Mechanism Work?
If you burn the coins by sending them to the burning address, you will start receiving a percentage of the newly minted supply. One can burn through Satozhi’s official website or any other DeFi platform and decentralized exchanges. Users need to burn only once and they will receive their percentage of rewards forever.
SATOZ: Tokenomics & Other Details
| Token Ticker | SATOZ |
| Chain | Binance Smart Chain |
| Contract Address | 0xf4341fA52669cea0c1836095529A7E9B04b8b88D |
| Total Supply | 21 Million SATOZ |
| Circulating Supply | 11,550,306.27488SATOZ |
| Market Cap | $194.08K |
| Hodlers | 20,113 |
Among a total of 21 million, 11.5 million coins have been released to the public as of today. The total burns are 8545753 SATOZ. It will initiate the minting of new tokens from the total supply. At a rate of 1 block in 10 minutes, 50 coins will be unlocked in each block, which will result in the minting of 7200 tokens per day. This will be distributed to the holders according to their percentage of burn.
It is evident from the tokenomics that the token will give a fortune by generating automatic income even when you sleep. However, the issue is whether the token will be able to HODL its value for the long term. Let’s check what happened in the previous years.
SATOZ Token Historical Data
As a coin launched in 2021, it has gone through various ups and downs in the past four years. Because of its nuanced mechanics, various institutional and individual investors were attracted to it in the initial stages. SATOZ increased its market cap to record highs soon after the release, attaining an all-time high of $4.32 on May 10, 2021.
After surging to incredible heights, the coin started its slow decline. Around 2022, the market cap witnessed regular drains. The coin went on a downward spiral, reaching its all-time low of $0.007985 per coin on June 29, 2023. At the moment of writing this, the coin is trading for $0.01886, a 143.08% increase from its all-time low.
SATOZ Short-Term Price Forecast
Similar to the uptrend witnessed when this year began, we will probably see another upward momentum in January 2025. However, the current downward phase is expected to continue till this year’s end, as evident in today’s 7.87% dip. Also, there are no important events regarding altcoins scheduled for this month.
SATOZ Long-Term Price Prediction: 2025 to 2030
The below price prediction of SATOZ is primarily based on its on-chain data, market sentiment, and previous chart movements. As a volatile market and an unpredictable industry, fluctuations can happen in the below-forecasted price. Take this as a mere reference, and do your own research if you plan to invest.
| Year | Minimum Price | Average Price | Maximum Price |
| 2025 | $ 0.046053 | $ 0.073728 | $ 0.127701 |
| 2026 | $ 0.022541 | $ 0.041515 | $ 0.070734 |
| 2027 | $ 0.024712 | $ 0.041515 | $ 0.050624 |
| 2028 | $ 0.03655 | $ 0.041515 | $ 0.086095 |
| 2029 | $ 0.069037 | $ 0.104917 | $ 0.171884 |
| 2030 | $ 0.068138 | $ 0.087222 | $ 0.107114 |
How to Buy SATOZ Tokens? Step-by-Step Guide
The official website of Satozhi has chosen the PancakeSwap DEX as the best place to purchase SATOZ. Apart from that, Probit Global has enough liquidity for the coin. Here is a beginner-friendly guide to buy the coin from PancakeSwap:
- First, be ready with your BSC wallet filled with BNB. Then, visit the official website of PancakeSwap and integrate your BSC wallet through the “Connect Wallet” tab at the top-right corner.
- Visit the Swap interface and convert your BNB to WBNB (Wrapped BNB) by choosing BNB in the “From” option and WBNB in the “To” option. Click swap and approve the authentication request.
- Navigate once again to the Swap interface and choose WBNB in the “From” option and SATOZ in the “To” option. If you are unable to find the coin, search with the contract address we provided above.
- Check the price and click Swap. Pay the gas fees and convert the tokens by approving the contract. Your coins will reach your wallet within two or three minutes. At the time of writing this, 1 SATOZ = 0.0000263706 BNB.
Final Thoughts: Is SATOZ a Credible Investment Option?
As a coin with a low market cap and less mainstream attention, the Satozhi community needs to work hard to push SATOZ’s prices to reach another ATH. There is a high probability for the coin to drain its market cap if any fluctuations happen in the altcoin spectrum. However, you can invest in SATOZ to make your portfolio a diversified one. Otherwise, you can skip SATOZ.
The Proof-of-Burn is commendable. You can invest a portion you can afford to lose solely for its PoB. Anyway, do your own thorough research before the purchase. Also, engage with the Satozhi community and go through its whitepaper to get in-depth knowledge of the coin.
