SAVMSatoshiVM प्राइस

On March 18th, SatoshiVM, a Bitcoin Layer2 project, announced that its token staking function is now online. Users can bridge any assets on Ethereum to SAVM and stake them to earn BTC rewards. The official statement indicates that in order to make the staking system more stable, the minimum staking period is set to 14 days. Cancelling the staking within the minimum period will result in a reduction of up to 20% of the original staked amount (linearly decreasing), as well as losing all accumulated BTC rewards.

On March 2nd, it was announced that the Bitcoin Layer2 project SatoshiVM will launch its Alpha mainnet on March 15th. This stage will introduce a series of features, including SAVM staking, token cross-chain bridge, 30-second token deployment, and low-cost trading of BRC20 tokens.

According to Spot On Chain monitoring, the price of SAVM has surged 58% in the past 24 hours. Two hours ago, a wallet possibly linked to the SatoshiVM team deposited 40,000 SAVM (US$221,000) into KuCoin. Additionally, the fifth largest holder purchased 22,500 SAVM with 100,000 USDT 14 hours ago. Currently, the whale holds 386,000 SAVM (US$2.19 million), with unrealized profits of US$922,000 (+72.5%).