Data: The market value of ETH chain sato has exceeded 9 million USD, with a daily increase of over 700%

According to GMGN data, the market capitalization of the ETH chain ecosystem token sato briefly surpassed 9 million USD, currently reported at approximately 9.4 million USD, with a daily increase of over 700%. The total supply of this token is 21 million pieces, minted and burned through the Uniswap v4 curve mechanism. Buying will generate new tokens and lock ETH as reserves, while selling will exchange ETH from the reserves and burn tokens. The current cumulative buying scale has approached 1000 ETH.

ChainCatcher reminds users that the prices of Meme coins are highly volatile, and investors should be aware of the risks.