Binance Square
LIVE
LIVE
Crypto Hunter community
Bullish
--5.5k views
🚨🚨Passive income by staking $SAGA🚨🚨 Investing in the Future: An Introduction to Saga Coin. Analyzing the Initial Circulation and Mining Cap Understanding the initial circulation and mining cap of Saga Coin is crucial for investors looking to gauge the potential scarcity and value of the token. The initial circulation of Saga Coin is set at 90,000,000 SAGA, which is 9% of the maximum token supply of 1,000,000,000 SAGA . This initial release is a significant factor in determining the coin's early market dynamics. The total amount allocated for mining is 45,000,000 SAGA, representing 4.5% of the maximum supply. Mining is further divided into specific pools, with the BNB mining pool having the largest share. Here's a breakdown of the mining allocation: Mining Pool Allocation BNB Pool 36,000,000 SAGA (80%) FDUSD Pool 9,000,000 SAGA #BullorBear #BinanceLaunchpool #Nonfarm #Memecoins #SAGALAUNCHPOOL

🚨🚨Passive income by staking $SAGA🚨🚨

Investing in the Future: An Introduction to Saga Coin.

Analyzing the Initial Circulation and Mining Cap

Understanding the initial circulation and mining cap of Saga Coin is crucial for investors looking to gauge the potential scarcity and value of the token. The initial circulation of Saga Coin is set at 90,000,000 SAGA, which is 9% of the maximum token supply of 1,000,000,000 SAGA . This initial release is a significant factor in determining the coin's early market dynamics.

The total amount allocated for mining is 45,000,000 SAGA, representing 4.5% of the maximum supply. Mining is further divided into specific pools, with the BNB mining pool having the largest share. Here's a breakdown of the mining allocation:

Mining Pool

Allocation

BNB Pool

36,000,000 SAGA (80%)

FDUSD Pool

9,000,000 SAGA

#BullorBear #BinanceLaunchpool #Nonfarm #Memecoins #SAGALAUNCHPOOL

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Replies 1
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@Square-Creator-47c230904

Explore More From Creator

--
##bitcoinhalving How Does Bitcoin Halving Affect The Price of Bitcoin? Halving is a double-edged sword, for different groups, it means different things. For investors, halving means a reduction in the frequency at which new bitcoins are generated and less propensity for miners to sell. Historical data indicates a positive effect of the expected scarcity on the investors’ psychology. Investors expect a rise in the value of bitcoin and more buys could follow. Past mining events have seen positive effects, however, the effect of halving events on bitcoin price is prone to variations, depending on prevailing market conditions. Building up to the 2020 halving, bitcoin’s price rose about 40% thanks to investor behavior and the speculations that followed the event. Sequel to the halving, bitcoin’s value rose to three times its previous All-time-high, hitting a new high of $67,000. For miners, halving ultimately means a reduced reward. Setting up and maintaining a bitcoin mining facility is a costly venture and miners expect the block rewards to at least offset these expenses. When the reward is halved, miners’ revenue reduces by half. Considering the presiding values and cost of running a bitcoin mine, many miners might shut down their mining set-up if they are unable to maintain the facility with the calculated post-mining revenue. As miners halt their activities, the mining hashrate is expected to drop. A decrease in mining hashrate could slow the bitcoin network and cause transactions on the blockchain to be executed later than they used to. Hashrate could return to former values if bitcoin’s price continues to rise and miners see profitability in running a mine again. #BinanceLaunchpool #Memecoins #BullorBear #WIF
--

Latest News

View More

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs