The first coin is $SAGA
We will first learn about the project and everything related to it, then we will display the price over this period
$SAGA coin project
It is a layer 1 protocol designed to enable developers to create VM-agnostic (non-interchangeable) and interoperable chains.
These are referred to as “Chainlets”. These Chainlets aim to provide applications with scalable growth potential.
The Saga Protocol runs on a decentralized proof-of-stake system ensuring that each Chainlet maintains the same set of verification tools and security framework as the Saga Mainnet.
Each series offers:
Scalability:
Chainlets are designed as parallel application thread instances, allowing applications to be scaled scalably which enhances performance and speed.
Economic Transactions:
Developers can choose their own monetization strategies including using their own tokens, fiat currencies, stablecoins, or tokens from other ecosystems. The price of Chainlet fees is determined through a daily reverse auction between validators.
Easy setup:
Developers can start a Chainlet with a simple click in Saga WebApp.
Interoperability:
The protocol facilitates easy and fast asset transfers between Chainlets and between Saga and other ecosystems through built-in interoperability and asynchronous composability. The fast finalization of transactions on each Chainlet also supports efficient delivery to other chains.
Flexibility:
Developers have the flexibility to customize their custom strings to suit their needs.
The $SAGA protocol's native utility token serves several functions:
1_ Payment method:
Developers use $SAGA tokens to compensate network validators for starting and maintaining their Chainlets.
2- Staking
Participants who stake their tokens contribute to the security of the network and receive $SAGA tokens and tokens from projects on the Saga protocol as incentives.
Governance: $SAGA token holders can participate in network governance decisions.
Project SAGA has raised $15 million from investors, including
Maven11, Longhash, Samsung, Com2uS, Polygon, Merit Circle, Figment, and Chorus One.
SAGA currently has a total supply of $1 billion, with an expected circulating supply of approximately 90 million tokens (9% of total supply) at a token generation event (TGE).
The price can be tracked and updated directly in real time on the BINANCE platform
SAGA price today
Saga live price - $3.102326
(SAGA / USD)
With a current market cap of $286.00 million
The 24-hour trading volume is $76.44 million.
The SAGA to USD rate is updated in real time.
Saga stock is down -4.53% over the past 24 hours with a circulating supply of 92.19 Million.
Here is also the $SAGA protocol website for more information
Official Saga Website : https://www.saga.xyz/
The second currency that deserves attention and monitoring in May is
($TNSR)
First, we will also learn about this currency project (TNSR).
Tensor is built on top of the Solana series
Blockchain in 2022, offers
A decentralized marketplace for NFTs.
Users can list, buy and sell
And trade NFTs seamlessly.
This is all made possible by Solana's fast speed and low transaction costs.
This structure ensures an NFT trading experience
Scalable on Tensor platform
According to the team working hard around
Tensor
The platform quickly found a foothold in the Solana community by creating a trusted environment for NFT transactions.
The roadmap includes plans to integrate the functions of a DAO (Decentralized Autonomous Organization).
The introduction of cross-chain NFT bridging, and the integration of video NFTs.
The $TNSR token acts as a governance token within the Tensor ecosystem This allows holders to have a say in governance matters as well
Thus shaping the path of the Tensor platform The live price of the $TSNR token is available and can be tracked in real time on the BINANCE platform
$TNSR price today
The live price of Tensor is $0.840735 (TNSR/USD) with a current market cap of $105.09 Million
The 24-hour trading volume is $61.36 million. TNSR price against USD is updated in real time.
at present. Tensor is -1.99% in the last 24 hours with a circulating supply of 125.00M.
For more information about this project, you can also follow the website for the $TNSR currency
Official Tensor Website: https://www.tensor.trade/
The third currency is also Wormhole
$W
Below we will talk about the project as a whole
[Buy, trade and invest W$ token]
What is the Wormhole Project:
Wormhole (W) Protocol is an innovative protocol that connects many different blockchains and allows them to communicate with each other. Wormhole allows developers and users to take advantage of the unique features and advantages of different blockchain ecosystems, breaking down barriers and promoting collaboration in the decentralized world.
Wormhole (W) Protocol has a variety of products that facilitate communication across over 30 Layer 2 blockchain networks. This includes all major smart contract chains, e.g
Ethereum, BNB Chain (BNB), Solana (SOL), Polegon (POL), Avalanche (AVAX) and other blockchains.
How does the Wormhole (W) protocol work?
The Wormhole architecture consists of on-chain and off-chain components, which work together to enable seamless cross-chain communication.
Components within the series
*Wormhole Core Contract: The core contract that facilitates cross-chain communication.
*Sender: Contracts that interact with the wormhole's primary contract to broadcast messages.
*Transaction logs: Blockchain-specific logs used by custodians to monitor sent messages.
What is the token or currency of Wormhole (W)?
Wormhole (W) coin represents a milestone in the development of blockchain technology. By bridging the gap between different blockchains, Wormhole opens up a world of possibilities for cross-chain applications, from decentralized exchanges to cross-chain governance and beyond. As the ecosystem continues to expand and innovate, W$ will undoubtedly play a pivotal role in shaping the future of DeFi and beyond.
The W$ token is Wormhole's native token and is an important currency in the Wormhole ecosystem and the main driver of the system's existence. Since the beginning, the W$ token has been known by a growing community of traders and investors who recognize the value of W$ and its role in shaping the future of decentralized finance.
Investing and trading the W$ currency or symbol
You may consider investing in the W$ token for the following reasons:
* Wormhole Protocol Wormhole is experiencing significant industry-wide growth in multi-chain applications and use cases that are coming together quickly. Indeed, the cross-chain niche in the blockchain industry is highly competitive, but Wormhole is neither a small-scale nor new player in the space, having maintained its position among the industry leaders over the past three years. As such, Wormhole and its new token will be among the major beneficiaries of the current cross-chain mini-revolution we are witnessing.
Since Wormhole is the main backbone of the cross-chain communications infrastructure, the W token may emerge as a very profitable asset for long-term investment or day trading.
Invest in W$ currency
W$ can be purchased through cryptocurrency trading platforms such asBinanceand OKX.
Before investing, it is important to conduct thorough research to understand the risks and benefits of investing in W$
Some factors to consider:
Currency technology (we have explained the details to you).
work team.
Roadmap.
Market situation.
Organizations.
Trade W$ currency
W$ can be traded on platformsBinanceand OKX.
Many trading pairs are available, such as W/USDT and W/BTC.
Before trading, it is important to understand the different order types and choose the appropriate trading strategy.
Some factors to consider:
Technical Analysis.
Fundamental analysis.
Risk Management.
W$ price today
Wormhole's live price is $0.643218 per (W/USD) with a current market cap of $1.16 billion
The 24-hour trading volume is $127.72 million
The price of W to USD is updated at
Real time. Wormhole -0.65% in the last 24 hours with a circulating supply of 1.80 Billion.
For more information about this project, you can also follow the website for the $W currency
Official Tensor Website:
https://wormhole.com/
The fourth currency, which is considered one of the most important currencies currently in research, is BOUNCEBIT ($BB).
We will provide everything related to the project so that you can know everything about this project in this one article
Whether buying or trading too
BounceBit project
It is an intermediary protocol built on the Bitcoin asset class, and significantly promotes network expansion through a cryptoeconomic effort known as restacking. BounceBit is building the bridge between centralized finance (CeFi) and decentralized finance (DeFi).
BounceBit is a revolutionary project that aims to bridge the gap between the worlds of centralized finance (CeFi) and decentralized finance (DeFi) by providing innovative Bitcoin reconnection infrastructure.
BounceBit's innovation idea is basically the mechanism of re-mortgaging Bitcoin. This new concept serves as a key enabler for the project, where BounceBit will build an end-to-end infrastructure and explore Restake use cases for different types of Bitcoin. This infrastructure includes a variety of elements such as subchains, oracles, bridges, virtual machines, data provisioning layers, and more, with the goal of enhancing security and trust across all participating elements.
The foundation of BTC Restake is supported by regulated custodial funds, where multiple types of Bitcoin can be deposited across different networks, including native Bitcoin, BTCB on BNBChain, and WBTC custodial by CeFi, which is backed by Mainnet Digital and Ceffu. Ceffu's Mirror Idle BTC earns a return by reviewing the delta-neutral funding rate, and then this collected BTC can be mobilized as a wrapped version of BTC to the corresponding shared security clients, for example, the BounceBit chain.
How BounceBit (BB) works
BounceBit (BB) is the first native Bitcoin blockchain. It introduces a new approach to storage through a two-code system. This innovative platform enhances the security of Bitcoin along with full compatibility with the Ethereum Virtual Machine (EVM) to provide a convenient and secure experience for users.
Double mortgage mechanism for currencies
BounceBit offers a unique token redemption mechanism, combining Bitcoin storage with BounceBit (BB) tokens, enhancing security, providing a diverse stakeholder base, and enhancing ecosystem resilience.
Consensus proof of interest
It adopts a Proof-of-Stake (PoS) mechanism, known as Dual-Token PoS, where validators stake BB and/or BBTC tokens to record and verify transactions, creating perpetual staking and strengthening the network.
Transparent financial services
BounceBit works to rebuild trust and provide a secure platform for earning returns on dormant Bitcoin, by implementing proof of chain for backup and transparent activities.
Increase Bitcoin utility
BounceBit seeks to enhance liquidity and expand the utility of BTC in a transparent and efficient environment, by enabling BTC holders to participate in the DeFi and CeFi markets, and providing an ecosystem that meets the needs of retail and institutional investors.
Features of smart contract
BounceBit fully integrates with the Ethereum Virtual Machine (EVM) and the Solidity language, allowing developers to build advanced dApps and enhance the application versatility and benefits of Bitcoin.
Standardization across multiple chains
BounceBit is developing a unified platform to integrate different forms of wrapped BTC across multiple blockchain networks, enhancing the efficiency and liquidity of BTC assets across multiple blockchains.
BounceBit (BB) MEGADROP
Binance announces the first project on Binance Megadrop, BounceBit (BB), a BTC repository chain. Users can start participating in the BounceBit Megadrop now:
