After Sato comes Sat1, the Hook Mechanism coin quickly rotates, and the sharding effect is significant

BlockBeats News, May 8th, recently on the Ethereum mainnet, the Uniswap v4 hook concept tokens have been emerging one after another. Yesterday, sato took over uPEG liquidity, and its market cap briefly exceeded $30 million before quickly falling back. Today, sat1 stood out, achieving a rapid $10 million throughput with an improved version of the sato mechanism.

According to the GMGN market data, as of the time of writing, the uPEG market cap is $8.9 million, with a 24-hour trading volume of $4.3 million, and its peak market cap was $34.44 million.

The sato market cap is reported at $14.75 million, with a 24-hour trading volume of $17.6 million, and a peak market cap of $37.56 million.

The sat1 market cap is reported at $8.4 million, with a 24-hour trading volume of $2.2 million.

BlockBeats believes that the rapid rotation of uPEG, sato, and sat1 has prevented the market from forming synergy, making it difficult for project market caps to grow. At the same time, the performance of the Ethereum mainnet and gas fees also limit user participation. The scarcity of on-chain liquidity has become a key factor limiting the cap of such tokens. Therefore, investors participating in such projects should be cautious about their exit timing and avoid FOMO.