The Saitama Inu (CCC:SAITAMA-USD) crypto is trending on Twitter (NYSE:TWTR) today and we’re rounding up the latest news that traders need to know about the meme coin.
But real quick, let’s talk about what Saitama Inu is. This is a meme crypto riding off of interest in other similar Dogecoin (CCC:DOGE-USD) copycats. It’s been around for some time but is only recently gaining traction with traders.
Saitama Inu started to pick up momentum in October, which resulted in it reaching an all-time high in November. However, the crypto has cooled off since then and is still only trading for fractions of a penny.
Some recent news concerning the Saitama Inu crypto includes the Bitmart hack. This saw more than $200 million of crypto stolen from the exchange and SAITAMA tokens were among them. $100 million of that was Ethereum (CCC:ETH-USD)-based tokens, which Saitama Inu is.
Crypto traders taking an interest in Saitama Inu also likely want to know where the coin is heading. Recently price predictions point out that it may be some time before major growth comes to the digital asset. You can get into the price predictions for SAITAMA at this link.
To go along with that, some traders may be looking for more details about Saitama Inu before making an investment in it. Luckily for them, InvestorPlace recently covered the basics about the token for interested traders.
SAITAMA is down 11.3% over a 24-hour period as of Monday afternoon.
Investors looking for more crypto news today are in the right place!
We’ve got all the latest crypto news that traders need to know about for Monday. Among that is why crypto stocks are falling today, Shiba Inu (CCC:SHIB-USD) investors talking about the Bitmart hack, and more. You can get up to speed on all of these stories at the following links!
More Monday Crypto News
- Crypto Stocks: Why Are MSTR, RIOT, EBON, ARBK and CIFR Down Today?
- SHIB Crypto Fans Speak Out About Bitmart Hack: What to Know
- 3 Cryptos to Buy in December for Gains in 2022
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.