SatoshiVM has recently been enveloped in controversy, following the launch of its token, SAVM, on Ape Terminal’s platform through an Initial DEX Offering last week.

The newly introduced SatoshiVM (SAVM) token dropped by around 38%, amid a virtual dispute between one of its proponents and Ape Terminal, the fundraising platform.

This disagreement arose primarily due to a launchpad event for SatoshiVM’s latest token SAVM, which entered trading on January 19.

Ape Terminal is a decentralised exchange (DEX) fundraising platform commonly known as a “launchpad” for cryptocurrency projects looking to introduce new tokens via Initial DEX Offerings.

SatoshiVM is an innovative Bitcoin layer 2 solution, driven by zero-knowledge rollup technology and is supported by a community of contributors.