#BinanceLaunchpool
SAGA entry price prediction and entry guidance
#SAGA $SAGA
😍SAGA is listed on Binance’s Launchpool today
🤩The excavation continues. This time it is the 51st issue. I personally think it is an auspicious number.
SAGA, which will be launched on the mainnet in April, is connecting the three major public chain systems of Polygon, Avalanche, and Celestia, and creating a thousand-game ecosystem in the field of games and entertainment.
It should be noted that in the past two years, more than 350 game and entertainment projects have entered the Saga protocol. Among them, 80% are games, and entertainment and DEFI account for 10% each
Based on my understanding of SAGA's white paper, I personally think that the currency that can be compared is the leading currency in the GAMEFI sector, which is a hot topic in the currency circle.
According to non-small data, the supply of GALA is currently 35.2 billion, the current price is $0.055, and the supply market value is $1.936 billion.
After SAGA goes online, the circulation volume accounts for 9%. With a circulation volume of 1 billion, 90 million are in circulation
If it reaches the market value of the leader of the GAMEFI sector, the price will be $21.5. Of course, this price may be a target price for SAGA in the future. I personally think that if the price of SAGA reaches $10 during the opening FOMO phase, which is half of the market value of the equivalent GALA supply, it may be sold off
From the perspective of Binance Launchpool, the quota is 45 million BNB. As of the afternoon of April 5, the total amount of BNB pledged is 17,585,114, and the BNB mining pool has 36 million SAGA. According to the past income of Launchpool, the yield of staking for three days is generally around 1.5%. Then according to the current staking ratio, the average price of SAGA on the opening day is $4.17
