The cryptocurrency market is increasing at its largest pace in 2021. The prices of many cryptocurrencies surged upwards and reached new highs throughout the year. It was not just the serious projects that managed to lure investors and increase in price, but also meme coins managed to climb up the market ranks. The rise of Dogecoin (DOGE) managed to pave the way for other Dogecoin-influenced cryptocurrencies to make their names known among crypto communities.
After Dogecoin’s success, coins like Shiba Inu (SHIB) managed to climb the ranks and grow at immense rates. One meme-influenced coin that has the potential to do the same is Saitama (SAITAMA).
Saitama is yet to achieve its full potential. While it is clearly influenced by the likes of Dogecoin, it has distinguished itself as a rather promising project due to the various projects organized by the developers. In this article, we are going to analyze the potential price factors of SAITAMA and how far its price can reach by 2030.
Saitama Price Prediction 2030
Saitama’s name is based on a mountain in Japan that entails the legend of a ‘ghost’ dog. With the hype around dog-based cryptocurrencies, Saitama took the advantage of this concept and has already grown its community in a matter of months. As such cryptocurrencies are now being adopted by large businesses as a payment method. With mass adoption taking place, this could largely affect the price of SAITAMA in the long run. This is one of the many factors that suggest that SAITAMA can reach extreme heights.
Related: Saitama Inu Price Prediction 2025 – What Will SAITAMA Price be in 2025?
Another factor could be the fact that Saitama is deflationary. With every transaction in the SAITAMA network, a portion of the transaction is burned. This decreases the supply of SAITAMA, consequently increasing the price of the token.
In terms of other fundamentals, it is worth looking at the roadmap of Saitama to determine whether its future is promising.
First and foremost, Saitama is working on the SaitaMask, which is a Saitama-based wallet that plans to provide DeFi services to its users.
The SaitaMaker is a system that allows users to mint and launch their own Non-Fungible Tokens (NFTs) in the Saitama network. With NFTs becoming more important in today’s market, this could provide to be vital for the future price of SAITAMA.
Te Saitama network is also working on the SaitaEdutainment, which is a medium that allows users to share and monetize content related to finances to users that want to learn more about the industry.
Last but not least, Saitama is working on the SaitaMarket, which is a marketplace that can allow users to use their SAITAMA to buy goods and services in the blockchain.
Once all these features are successfully implemented, we could expect the price of SAITAMA to explode in the future.
Another notable factor could be the BTC halving events of 2024 and 2028, which could cause major bullish trends in the coming years, as it has done in the past.
Due to all these factors, we at Crypto Academy predict that SAITAMA can reach as high as $0.10 in the long run, considering the possibility that a large amount of SAITAMA tokens are burned by then due to the increasing trading volumes of such coins.
Also read: Saitama Token Price Prediction 2022 and Beyond – Will SAITAMA Eventually Reach $1?
Takeaways
- Saitama (SAITAMA) is a meme-influenced cryptocurrency.
- Its name is inspired by the ‘ghost’ dog of Saitama and Dogecoin.
- It is a deflationary token, where a portion of each transaction is burned.
- The price of SAITAMA could go as high as $0.10 in 2030.
- Saitama has lots of potential to grow.