$SAGA A Update: Fire Sale or False Alarm? 👀🤷
Hey everyone, it's been a while since we last dove into SAGA. We spent the last couple days checking their progress, community vibes, and well, let's just say the price action was a shocker!
SAGA's token price has taken a nosedive, dropping almost 70% since its #Binance listing. Ouch! It even hit a new low of $1.76, a far cry from its $7.82 glory days just two months ago. 🤮😤Trading volume has also dried up, averaging below $50 daily since June. 😤
As you might expect, the community isn't exactly thrilled. Some are even calling it a scam 💩, despite daily updates (from that girl with the same wallpaper, you know the one) and an upcoming Airdrop from the SAGA team. 🪂
But here's the interesting part: ✨😅
Even with the price slump, over 350 projects are still building on the Saga mainchain! And guess what dominates? 👀 Gaming! 80% of these projects are in the gaming space, with the rest spread across DeFi, NFTs, and entertainment. 🤖💵The gaming blockchain industry is HUGE, valued at $122 billion in 2022 and projected to reach a staggering $614 billion by 2030. #SAGA is aiming to be a big player in this booming market with their super-fast and scalable blockchain tech. 😵🤯
So, the question is: Is this a fire sale for a project with potential, or is the smoke too thick to see any future? 🤔Let us know in the comments what you think! Is SAGA a screaming buy at this discounted price, or should we wait and see how things play out? #altcoins $BNB