๐๐ฎ SAGA Entry Price Predictions and Guidance! ๐ฎ๐
#SAGA $SAGA
๐ Exciting news! SAGA is now listed on Binance's Launchpool!
๐คฉ Let's dive into it! This marks the 51st issue, which feels incredibly auspicious to me.
SAGA, set to launch on the mainnet in April, is bridging the gap between Polygon, Avalanche, and Celestia, creating a vast ecosystem for gaming and entertainment. Over the past two years, more than 350 projects have joined the Saga protocol, with games making up 80% and entertainment and DEFI comprising 10% each.
From my understanding of SAGA's white paper, it's poised to become a leader in the GAMEFI sector, a hot topic in the crypto world.
According to data, GALA's current supply is 35.2 billion, priced at $0.055, with a market value of $1.936 billion. Once SAGA launches, with 9% circulation (90 million out of 1 billion), reaching GALA's market value would set SAGA's price at $21.5. This could be a future target price. However, if SAGA hits $10 during the opening FOMO phase, half of GALA's equivalent market value, it may see a sell-off.
Looking at Binance Launchpool, the quota is 45 million BNB. As of April 5 afternoon, 17,585,114 BNB has been pledged, yielding 36 million SAGA. Based on past Launchpool yields of around 1.5% over three days, the average opening price for SAGA would be around $4.17.
๐ฝ Considering all this, I believe an entry price below $3 is worth considering, leaning towards a value-oriented position.
SAGA Project Roadmap
Please note: The K-line Journey to the West strategy mentioned is for reference only and should not be used as an investment basis.
