Opinion: Why I believe Saitama will rocket after the Certik audit
I’ve considered beginning to write the occasional opinion pieces around the topic for Saitama. Rather than consistent and direct reporting, it may be interesting to “spice things up” by giving my opinion/take on things. We all have opinions, but I think in this case, it’s a nice alternative topic I can write about and hopefully create healthy discussions between the community.
This idea triggered interest in me as I became more involved Twitter Spaces created by members in the community such as Saitama Prince, Danny and Areon. The spaces serve as a place to educate and share ideas, but also to give your opinion about things.
As of writing this, Certik is still undergoing the final stages of the SaitaMask audit. Slowly but surely, we’re seeing the progress bar move. Seemingly more recently, it feels as if Certik is ‘teasing’ us by updating 1% every couple of hours. As we inch closer, our holders grow, impatience and outside interest surrounding Saitama simultaneously grow.
A novel and bigger wave of FOMO
That made me think about the ramifications this will have. Yes, we had a TechRate audit earlier on, but there seems to be a universal agreement that “Certik is the god-tier auditor” by most investors. And I can’t disagree, because their “SkyNet” technology can scan for security exploits in real time if need be, truly a whole step above competitors.
As we inch closer to the final stages, I think Certik is definitely a major catalyst in a new wave of FOMO for Saitama. In the past 6 or so months, yes, we achieved HUGE things. Probably, my own personal highlight is seeing our logo on the rear trunks of Gervonta Davis at an official boxing bout managed by Floyd Mayweather’s team. And whilst that is huge for establishing our name in the world of marketing, I think the next key to another FOMO wave is Certik.
The next step of auditing
Even though all of our developers are doxxed and could have people find them in person, even though our developers invested their own money, even though the developers have paid out of pocket for many expenses and even though our wallet distribution is one of the best and fairest in the world of crypto, there still seems to be those handful of people who doubt and FUD us. Most of the time, it’s pretty much bogus and ridiculous unfound “claims and criticisms” that are honestly more like personal vindictive attacks, but for the others who are more curious and well-reasoned in their questions and doubts, they mostly want to see that added layer of security for the confidence factor.
And that’s completely understandable. We saw what happens when security takes a back seat. From Mt. Gox to the recent BitMart fiasco, it’s definitely something Saitama doesn’t ever want to be caught up in as it can ruin investor confidence completely. So there are definitely many investors out there on the sidelines waiting for that final approval from a reputable source like Certik to approve Saitama.
Where exchanges come in
The Gervonta Davis and Isaac Cruz fight held in the Crypto.com arena also definitely didn’t go unnoticed. We know one part of the next FOMO wave will be the investors as usual, but the second part is the top 3-5 exchanges who have been noticing our presence and growth. There’s a theory floating around - and I can subscribe to it. It goes; these exchanges are eyeing the audit to see if SaitaMask passes security requirements that results in exchanges moving forward to list Saitama.
But the theory goes further; we know that in the crypto world, exchanges can often use dirty tactics thanks to the lack of regulations, in order to enter at in at lower prices. We could assume a tactic to take some volume off SaitaMask and back onto their exchanges, would be for exchanges to list within the launch period of SaitaMask. Theoretically, they would profit from the hype themselves.
We saw this with Shib earlier this year when Binance pulled the trigger and listed Shib soon after it’s Swap announcement. Shortly soon after, many other exchanges such as Crypto.com listed SHIB which sent the price mooning. There is an undeniable pattern of exchanges waiting for a wave of FOMO in order to begin listing. It makes sense from a business point of view too. They want in like everyone else but at a lower price entry.
What I’m doing
In my opinion, entering Saitama now is still early days. Any project that hasn’t made it on top 3 exchanges yet is still super early. And with just under 300,000 holders, doxxed team and finalising Certik audit, I think the consolidation period now is a golden opportunity to be stocking up if possible on Saitama. The number one rule is to never invest more than you can afford. Unfortunately, a lot of people put this rule to the side, failing to abide and “going all in”.
Whilst it might be okay, just be aware of your risk tolerance in this scenario and be patient. I can’t say how many times people begin to panic and FUD as soon as a project begins to correct. I get it, it’s frustrating, but you also have to remember that Saitama had a long period of growth and it’s only natural that it corrects during the holiday period where everyone - not just Saitama, is feeling the brunt of red candles. Traditionally, the holiday period isn’t a bullish period for Crypto as a whole.
But to conclude, I remain bullish and confident. The project has so much to do and so much to give. I know the developers are constantly working on the future of the project. Take Russell who is travelling instead of being with family for the holidays, procuring new negotiation deals, Aaron who is focusing on marketing and events and Gabe who is working on the future of gaming for Wolf Caster Studios.
All of these devs are hard at work and not sleeping at the wheel. As a result, the fruits of their labor will pay off once catalysts such as SaitaMask, SaitaSafe and SaitaChain begin to drop. The reality, is people are waiting for news in order to FOMO. Whilst that’s fine, I always believe buying the dips beforehand is the best strategy and the best position.
So I continue to HODL for a long time. Why on earth should I sell out of my position at this time? Unless it’s an emergency and I need with withdraw some of my investment, there is no need for me to panic sell. I can’t stress that unlike other projects, our team has a roadmap and goals to follow. So as long as we as the community continue to grow and support the team, the future remains bright.