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In my opinion, it is a buy at $0.016 at 35M Market cap and 160M fully diluted market cap. I will accumulate upto 50M market cap.

Below are some of the reasons to be bullish.

  1. It is an impressive project. POW with true decentralization, openness, reward system that allows better scaling and faster transaction. They have patented the technology.
  2. Team is engaging- truly dedicated for the tech and to build a better blockchain. They are active and doing AMAs quite often.
  3. Those who gets the SAITO's idea- become Saito Maxi (Just like Bitcoin Maxi).
  4. SAITO will launch their main-net in 2023. Although team has been in works for several years.
  5. It competes with Bitcoin, but it will have scripting and Layer 2 EVM for smart contracts. Giving it endless possibilities.
  6. There are competitors with more hype like Kaspa in POW space. But SAITO holds it's ground due to some features like open-ness(allowing better decentralization) and smart reward system.
  7. Only not so impressive aspect is the developers in the team. I hope they pull off this massive idea.
  8. Tokenomics does not look that great. 30% for the team and Dev. Foundation and strategic partners another 30%. Show Less

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