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There's a token called $SATO that deployed on Ethereum yesterday and the thesis going around is wild.
21 million supply like BTC, built on a Uniswap v4 hook, no team, no LP, every buy mints and every sell burns.
People are calling it a compressed BTC experiment that plays out in days instead of decades.
Haven't verified the contract myself but the discussion around it is some of the most interesting I've seen in a while.