đâď¸ 2 MINUTES REVIEW - THE SAGA PROTOCOL đâď¸
ă 1. WHAT IS SAGA? ă
đ Saga is a Layer 1 Ecosystem². That is, much like Solana and Ethereum, will be home to many tokens.
đŽ Saga is very dedicated to the Gaming Sphere of Crypto, having 80% or all projects within it being Gaming Projects²,â´.
⥠Saga promises a wide variety of benefits for its tokens, including automation, flexibility and predictable feesš. Saga is compromised to be fully interoperable with other existing Ecosystemsš,â´.
Proof of Stake is used for this Protocolâ´.
ă 2. TOKENOMICSă
Saga's main Token is called "SAGA"š,³. Much like $SOL is the main Token of Solana, and $ETH is the main Token of Ethereum.
đ° Maximum Market Cap: 1 Billion SAGA TokensÂł
Only 10% of this Market Cap is planned to be released in this yearâ´, and about 60% of all this cap should be released by 2031.
đ˛Price prediction: With 1 Billion Market Cap, and initially only 100 Million circulating supply, the price can be expected to be safely above the dollar. My personal max prediction for the launch price is around $15.
By the date this article is being written, $SAGA is still not launched. Thus, not much can be said about Tokenomics.
ă 3. CONCLUSIONă
Approach $SAGA like you would approach $SOL, $ETH and $BNB.
I find this project very interesting and I feel it's secure to invest for the long run âđť
~ The Green Investor âď¸
đ Reference List
1. SAGA Official Website - "Saga Protocol"
2. Binance Projects -- "What is SAGA?"
3. CoinMarketCap -- "SAGA"
4. YouTube: "New Binance Launchpool: Earn FREE Saga Tokens"
SAGA
Launchpool
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