Santa Coin

 

Santa Coin is a new cryptocurrency for holiday makers.


SANTA is a meme coin. It was introduced in November 2021, and quickly developed its own strong online community within its first week. Its market capitalization even with only 12 million coins in circulation reached $0.9 billion in mid-December and $1.5 billion in January 2022.
It is no coincidence that SANTA became very popular in such a short time. The choice of the name SANTA was no accident; this project created many memes revolving around this character.
The SANTA community is vibrant and thriving, and is open to everyone who wants to join in the fun and be a part of building a new world for all of us to live together.

SANTA is a meme coin introduced in November 2021. It quickly developed its own strong online community within its first week.
Its mission is to bring happiness and joy throughout the world, and do so by spreading the holiday cheer, give gifts to children, giving a tip for good deeds, reward good behavior, spread the love, etc
The name SANTA stands for "Satoshi Anonymous Transaction" or sometimes "Satoshi Annual Transaction". The logo is an image of Santa Clause with his sleigh being pulled by 9 reindeer. This logo was designed by one of the first members of the community, who won a contest held by other members to create a logo.
SANTA is actually a Bitcoin fork that uses SHA256 as a proof-of-work algorithm instead of SHA256d, which makes it easier for miners to mine on GPUs instead of ASICs. As such, it shares most of the Bitcoin codebase except for the PoW algorithm, but it also has its own unique features.

If you think of the price of SANTA as a meme coin, the entire history can be rewritten as follows:
November 2021: First batch of 100,000,000 SANTA published.
December 2021: 1 SANT = 0.00001 BTC, price 0.00000029 BTC/SANT, low liquidity and low exchange volume, SANT is still unknown to most people, but is rapidly gaining popularity on the internet and social media.
In December 2021, the first block explorer SANTA was launched by 2bacco and was quickly followed by other CrazyLoaf.
January 2022: 1 SANT = 0.000015 BTC, the price is 0.00000049 BTC/SANT, SANT is now known to many bitcoiners and has been mentioned several times on the bitcoin r/bitcoin subreddit.
February 2022: 1 SANT = 0.000004 BTC, price is 0.000001 BTC/SANT, the SANT community has grown rapidly and reaches one million users online all the time, many new services have been developed along with new websites and communities created every day for the sake of SANTA.
March 2022: 1 SANT = 0.00015 BTC, price is 0.000004 BTC

His name was chosen to reflect the fact that he wanted to contribute to the world and make it a better place. It's a meme coin because it wants to give back to the community and help people in their daily lives.
Brief History:
SANTA had a rocky start due to a heavy attack from its biggest competitor, Bitcoin Cash. However, SANTA proved his strength by quickly recovering from the attack. The price of SANTA started growing exponentially and peaked in January 2022. January
10, 2022: Bitcoin hard fork again and becomes Bitcoin Cash Plus (BCP), with double the BCH block size limit.
May 10, 2022: Bitcoin Cash Plus changes its name to Bitcoin Gold (BTG) and reduces the block size limit further in an attempt to attract GPU miners.
November 2021: SantaCoin becomes the first major cryptocurrency with quantum resistance as it switches from using SHA-256 to using Blake-256. This was received positively by Wall Street and the cryptocurrency community, as previous quantum-resistant coins had failed because they were incompatible with existing hardware/software or used algorithms that were too complex for the CPU or GPU to run efficiently, but SantaCoin adopted an algorithm that could run efficiently on both CPUs

SANTA is a meme coin. What does it mean?
The term 'meme coin' was coined by the legendary Dogecoin community in 2014 to describe any coin whose value comes primarily from online social interactions. This is in contrast to other coins which are primarily used as a medium of exchange for goods and services.
An example of this is the infamous Coinye (COYE) which was introduced in early 2014 and quickly became the laughing stock of the crypto community due to several copyright infringement lawsuits against the developer, who named him by the stage name Kanye West. Coinye's value collapsed almost instantly after it was discovered that the developer faced serious legal repercussions for this action, but managed to gain enough traction among users prior to its decline to form a small but loyal online community that still trades COYE today.
Since then many other meme coins have been introduced, most notably Dogecoin, with a combined market cap exceeding $300 million USD in January 2016.
Meme coins are very easy to create and can be made without any initial investment, as all contributions to new coins are voluntary and are usually only rewarded. with a small fraction of newly created coins. This makes the creation of new meme coins a potentially profitable company

SANTA is one of the most popular meme coins in the world. The community has its own culture, including unique terminology, internet memes, digital art, and other artifacts. The coin mascot is a bearded man in a red suit called SANTA, who gives money to people who have been naughty or kind. The coin's origin story is based on Santa Claus, with "Santa Claus" being an acronym for "Semi-Anonymous Network To Help Newcomers And Tie Things Together."
The community promotes itself as an alternative to traditional cryptocurrencies that focuses on technology rather than fun. People can participate in the community by developing new features for SANTA or creating coin-related art. Most people participate in the community by buying SANTA and tipping others online.
The coin's slogan is "Fun Comes First".🎅🎅

It is the first coin to be written with the Counterparty platform, and is designed to be different. The main goal of the SANTA team is to create a simple and easy to understand cryptocurrency, where there are no pre-mined coins, no confusing blockchain or hard forks.
LEGO models.

Santa Coin — Tokenomics

Tokenomics
Conclusion

You don't have to worry about the safety of your money. All funds are stored in smart contracts. Guards can't access them even if they want to, and they don't want to because there's no incentive for them. The system serves you completely.

And Santa Coin is more than just secure storage. With each transaction, 2% of the crypto volume/value is converted into $Santa Coin (you can store it or convert it back to fiat currency at any time).

This allows you to settle liquidity in the crypto market with the possibility of profiting in the value of both currencies.

Visit for more information at:

Website : https://santacoin.io/
Telegram  : https://t.me/santa_coin 

Twitter : https://twitter.com/Santa_Coins 

Reddit : https://www.reddit.com/r/SantaCoin/

Username: asayauk Link: https://bitcointalk.org/index.php?action=profile;u=2979395


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