What is #SAGA Coin? How much is the floor list price?
1.Saga coin (SAGA) is the native utility token of the Saga protocol, a layer 1 blockchain that allows developers to automatically create parallel and interoperable dedicated chains, or "Chainlets" .
SAGA is used for the following purposes:
Governance: SAGA holders can participate in the governance of the Saga protocol by voting on proposed changes.
Security: SAGA is used to stake and become a validator, helping to secure the Saga network.
Transaction fees: SAGA is used to pay transaction fees on the Saga network.
Gas: SAGA is used to pay gas fees for operations on Chainlets.
Rewards: SAGA can be used to participate in staking and yield farming programs to earn additional income.
Below are some detailed information about Saga coin:
Name: Saga
Symbol: SAGA
Token type: Utility
Blockchain: Saga
Total supply: 1 billion SAGA
Initial circulation supply : 90 million SAGA
Saga coin will be listed on several major cryptocurrency exchanges, including #binance......
Here are some highlights of Saga coin:
Scalability: Saga is infinitely scalable horizontally thanks to the use of Chainlets.
Security: Saga uses the Shared Security security model, which enhances network security.
Compatibility: Saga is compatible with all virtual machines from EVM to SVM.
Ecosystem: Saga is developing a diverse ecosystem with various decentralized applications (dApps).
Estimated list price is $4 ~ $6
Below $3 is a safe entry
In short, Saga coin is a utility token with great potential in the future.
However, before investing in Saga coin, you should carefully research the Saga project and the risks associated with the cryptocurrency market.
