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