INTRODUCTION
SANTA is a meme coin. It was introduced on November 2021, and cursorily industrial its confess physically powerful online area inside the foremost week. Its advertise capitalization unvarying with just 12 million coins in passage reached $0.9 billion in mid-December and $1.5 billion in January 2022.
It is not a coincidence that SANTA became hugely general inside such a abrupt episode of time. The scale of the famous person SANTA was not accidental; the mission formed a batch of memes that revolved around this character.
The SANTA commune is day-glow and growing, and is kick off to all and sundry who requirements to line in the excitement and be share of construction a new globe for completely of us to live in together.
SANTA is a meme coin that was introduced on November 2021. It immediately urban its be in possession of physically powerful online identity inside the essential week.
It's mission is to bring about source of pleasure and cheer each and every one around the world, and it does accordingly by dispersion anniversary cheer, charitable presents to kids, tipping for help deeds, pleasing agreeable behavior, distribution love, etc.
CHARACTERISTICS OF SANTA COIN
The character SANTA stands for "Satoshi's ordinary Transactions" or every now and then "Satoshi's once a year Transactions". The logo is a dream of of Santa Clause with his sled pulled by 9 reindeer. The logo was calculated by one of the key members of the community, who won a contest seized by the other members to produce the logo.
SANTA is really a fork of Bitcoin that uses SHA256 as proof-of-work algorithm as an alternative of SHA256d, which makes it easier for miners to colliery on GPUs as a substitute of ASICs. As such, it shares largely of Bitcoin's codebase except for the PoW algorithm, but it does own its peculiar exclusive facial appearance as well..
If you take into account the estimate of SANTA as a meme coin, the full history may possibly be rewritten as follows:
November 2021: The chief batch of 100.000.000 SANTA were issued.
December 2021: 1 SANT = 0.00001 BTC, outlay is 0.00000029 BTC/SANT, miserable liquidity and despondent switch volume, SANT dispel anonymous by for the most part people, but speedily ahead popularity on the internet and group media.
On December 2021, SANTAs primarily slab surveyor was launched by 2bacco and was suddenly followed by an added one by CrazyLoaf.
January 2022: 1 SANT = 0.000015 BTC, charge is 0.00000049 BTC/SANT, SANTs are nowadays common to loads of bitcoiners and boast been mentioned more than a few epoch in the bitcoin subreddit r/bitcoin.
February 2022: 1 SANT = 0.00004 BTC, cost is 0.000001 BTC/SANT, SANT area has developed a lot in life and reaches a million users online at every time, a slice of new armed forces give rise to been residential down with new websites and communities mortal fashioned every day for SANTAs sake.
March 2022: 1 SANT = 0.00015 BTC, assess is 0.000004 BTC
Its surname was elected to be a manifestation of the reality that it requests to have a say to the humankind and form it a develop place. It's a meme coin as it requests to hand formerly to the similarity and relief inhabitants in their day by day lives.
BRIEF HISTORY
SANTA is having a demanding jerk correct to burdensome attacks from its chief competitor, Bitcoin Cash. However, SANTA proves its muscle by getting your strength back instantly from these attacks. The cost of SANTA starts developing exponentially and reaches its summit on January 2022.
January 10, 2022: Bitcoin remorselessly forks over again and becomes Bitcoin hard cash and above (BCP), with alter ego the frustrate range check of BCH.
May 10, 2022: Bitcoin notes plus point changes its famous person to Bitcoin Gold (BTG) and reduces the deter amount reduce smooth broaden in an make an attempt to charm to GPU miners.
November 2021: SantaCoin becomes the pioneer chief cryptocurrency with quantum resistance what time it shifts from by means of SHA-256 to by Blake-256. This is acknowledged positively by mutually pile lane and the cryptocurrency community, as preceding quantum resilient coins had botched as they were not backwards congruent with unfilled hardware/software or second-hand algorithms that were besides dense for CPUs or GPUs to dart efficiently, but SantaCoin adopts an algorithm that be capable of spate efficiently on also CPUs
DEFINITION OF MEME COIN
The designate 'meme coin' was coined by the legendary Dogecoin commune back up in 2014 to illustrate any coin which has its assess primarily consequent from online get-together interaction. This is in distinguish to other coins which are mostly old as a measures of exchanging commodities and services.
An case for this would be the infamous Coinye (COYE) which was introduced in primitive 2014 and fast became the laughing horses of the crypto area right and proper to quite a few copyright infringement lawsuits against the developers, who had named it after Kanye West's phase name. Coinye's treasure collapsed about at once after it was bare that the developers were facing crucial official repercussions for this action, but it did handle to move sufficient grip amongst users before its decline to develop a petite but loyal online area who quieten trade COYE today.
Since next numerous other meme coins arrange been introduced, nearly all notably Dogecoin, with a joint advertise cap exceeding $300 million USD as of January 2016.
Meme coins are same uncomplicated to give rise to and container be completed as a result without any early investment, as entirely assistance towards a new coin are voluntary and ordinarily content merely with a petite impart of newly produced coins. This makes concept of new meme coins a potentially profitable enterprise
SANTA is one of the on the whole trendy meme coins in the world. The cooperative spirit has its particular culture, as well as irreplaceable terminology, internet memes, digital art, and other artifacts. The coin's lucky charm is a bearded male with a cherry look good on called SANTA, who gives riches to the group who include been impish or nice. The coin's basis story is based on Santa Claus, with "Santa Claus" life an acronym for "a Semi-Anonymous set-up To Assist Newcomers And link gear Together."
The the public promotes itself as an substitute to long-established cryptocurrencies that are listening carefully on technology moderately than fun. persons container participate in the unity by on the increase new facial appearance for SANTA or creating machinery of skill interconnected to the coin. on the whole community participate in the the people by business SANTA and tipping other associates online.
The coin's slogan is Fun Comes First
It is the original coin in print with the Counterparty platform, and it was planned to be different. The core goal of SANTA band is to conceive a minimal and understandable cryptocurrency, someplace in attendance are no pre-mined coins, no baffling blockchain or brutally forks.
For more information visit
Website: https://santacoin.io
Litepaper: https://santacoin.io/wp-content/uploads/2021/11/SantaCoin-Litepaper-5.pdf
Twitter: https://twitter.com/santa_coins?s=21
Telegram: https://t.me/santa_coin
Reddit: https://www.reddit.com/r/SantaCoin/
Medium: https://medium.com/@santa.coin
Verification of authorship:
Your Telegram username: @c610s
Bitcointalk Username: 610S
Profile Link: https://bitcointalk.org/index.php?action=profile;u=1774615
BEP20 Address: 0x1A9a8b0439e6D0a11afd7555090Cbe283cB91995