Saitama Spikes Close to 25% Today: How High Can the Token Go From Here? Here’s our Prediction

Vinod Dsouza
Saitama Inu
Source: Unsplash

Saitama is dominating the crypto market while majority of the coins are headed south during the latest dip. The token has spiked +21% today and has settled itself between the +15 to 19% mark. The sudden spike has rewarded investors handsomely giving them room to decide when to buy or when to sell. Since a week, Saitama was trading with a razor thin margin and today it broke free from its shackles.

The wolf-themed token is creating a lot of buzz lately on social media for both good and bad reasons. The bad being that the FBI warned in its press release about Willie D, a partner of Saitama in a wire fraud scam. “Willie D (a partner of Saitama) Sentenced in Wire Fraud Scam (FBI). For more information on the partnership, visit here, FBI press releases, visit here.”

The news made Saitama dip to double digits immediately and caused wide spread panic in the crypto sphere. Nonetheless, several investors came forward defending the wolf-themed token citing Saitama has nothing to do with Willie D’s sentencing. Since then, the token has mostly headed towards the right direction and gained the confidence of investors.

The good news is that LaToken announced they’re listing Saitama on their cryptocurrency exchange platform. “SAITAMA is live on #LATOKEN @InuSaitama is a community-driven token/platform that wants to develop solutions to educate the next generation of investors and make crypto simple and safe for everyone,” a tweet from LaToken read.

Investors are able to transact Saitama on LaToken making it easier to trade than go on tedious steps on exchange swaps. The listing has opened the floodgates of new investors into the token’s fold making its price to shoot north.

Saitama Inu Predictions: How High Can the Token Go From Here?

Saitama has attracted heavy buying pressure and could rise another 20 to 33% from here. Also, if the market catches up on the bull run, the token is expected to shoot up further. Nonetheless, that seems to be very unlikely as the market has been sending mixed signals since a week.

Whales have involved themselves in Saitama as a whale transferred 159 billion coins worth $10 million to a different wallet address. The whale moved the enormous SAITA coins from one Ethereum wallet a different ETH wallet. However, the reason for moving the coins to a new wallet address remains to be a mystery.

Saitama at the time of publishing was trading at $0.00000006758 and is up +19.71% in the days trade.