SAGA on Binance Launchpool - Price Prediction and Growth Potential!
2B+ $FUSD and 17M+ $BNB are being staked for $SAGA!
Why is it so hyped? Read this post and don’t miss your chance to invest in one of the biggest stories of this year! #SAGALAUNCHPOOL I. What is Saga? How does it work? Saga is a Layer 1 protocol that enables developers to create VM-agnostic, parallelized, and interoperable dedicated chains called Chainlets. Each Chainlet shares the same validator set and security model as the Saga Mainnet.Key features of Chainlets include: Infinite horizontal scalability: Applications can elastically scale to peak performance and speed.Costless transactions and predictable chain fees: Developers can choose various monetization models.Automation: Chainlets can be easily deployed using the Saga WebApp.Interoperability and fast bridging: Users can transfer assets between Chainlets and other ecosystems.Fully flexible stack: Developers have dedicated chains for optimal flexibility and customizability. In essence, Saga empowers developers with a versatile and scalable blockchain solution.
Achievements As of April 1, 2024, the Saga Innovator Program comprises 350 projects, with 80% focused on gaming. The remaining 10% involve NFTs and entertainment, while another 10% are related to DeFi. In March 2024, Saga introduced Saga Origins, a game publishing division dedicated to launching innovative games. Saga has also partnered with several Layer 1 protocols, including Polygon, Avalanche, Celestia, MarbleX, and Com2uS, to enhance their infrastructure using Chainlets.
Fundraising - Total Raised: $15 million - Investors include Placeholder, Maven11, Longhash, Samsung, Com2uS, Polygon, Merit Circle, Figment and Chorus One.
II. Launchpool & Token Information SAGA Launchpool Details: Token Name: Saga (SAGA) Max Token Supply: 1,000,000,000 SAGA Launchpool Token Rewards: 45,000,000 SAGA (4.5% of max token supply)Initial Circulating Supply: 90,000,000 SAGA (9% of max token supply)Smart Contract Details: Saga Security ChainFarming Period: 2024-04-05 00:00 (UTC) to 2024-04-08 23:59 (UTC).Supported Pools: Stake BNB: 36,000,000 SAGA in rewards (80%) Stake FDUSD: 9,000,000 SAGA in rewards (20%)
$SAGA Utility: Payment for Chainlets: Developers pay $SAGA tokens to the network validators to instantiate and keep their Chainlets alive. Staking: Stakers help secure the network and receive $SAGA tokens and the tokens of projects building on the Saga protocol as a reward.Governance: $SAGA token holders will be able to vote on network governance decisions. Don’t fade on Saga, participate in the launchpool now 👇 Join SAGA Launchpool Now Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇 Trade Now With a Permanent 10% Reduced Fee III. SAGA Price Prediction & Our POV Price Prediction Total Supply: 1,000,000,000 Initial Supply: 90,000,000 (9% of total supply)
Recent Layer 1 & Infrastructure Project on Launchpool:
Considering all the information above, combined with all the achievements SAGA has got, $SAGA price could be around 4.5 - 6$, equal to the marketcap of around $400M - $600M on the listing date. Our POV
The amount of airdropped tokens is 15.5% and only 1.5% can be unlocked on the listing date and vested every 1% each month, so we predict there will not be a strong dump force at the time of listing. However, we suggest waiting until after the airdrop claimers have sold their tokens on the market before considering buying → In our view, setting buy orders within the range of 4.5$ - 5.5$ (based on our price prediction) seems reasonable.
Don’t fade on Saga, participate in the launchpool now 👇 Join SAGA Launchpool Now Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇 Trade Now With a Permanent 10% Reduced Fee