What is saga? SAGA is a complete WEB3 platform for developers. An L1 that helps developers quickly launch dedicated chains Chainlets. Saga provides visionaries with the high-end tools and support they need to turn their Web3 dreams into reality. Saga is a layer 1 protocol that allows developers to automatically launch parallelized, virtual machine-independent and interoperable dedicated chains or "chains" to provide unlimited horizontal scalability for applications. After two rounds of financing, the project raised $13.5 million and was valued at $130 million. In early January this year, the official Airdrop standard was announced.
Technical features and highlights: Saga is a Layer 1 protocol that allows developers to automatically launch parallel, interoperable dedicated chains for different virtual machines - "Chainlets", providing unlimited scalability for applications. Saga allows developers to launch Chainlets with a single click of a button through shared security, cutting-edge validator orchestration, and standardized automated CI/CD deployment pipelines across any type of blockchain virtual machine.
Price Prediction $SAGA will have an initial supply of 1,000,000,000. The total circulation at TGE will be approximately 90,000,000 (9% of the total initial supply of tokens). Judging from the market value of new coins launched in recent periods, it is generally between 300 million and 600 million. So, simply correspondingly, the launch price of 3.5-5U is not a big problem.
How to farm Binance New Launchpool pre-sale Saga Token? To buy?
1. It is essential that you open an account on the Binance page.
2. After registering to Binance, you must complete your KYC verification, otherwise you cannot participate. KYC is account verification. Only in this way can you participate in the launchpool Saga Token farmin scraping event and farm for free.
3. Deposit by credit card, Debit card, Prepaid, Visa or Master card, Troy debit card and you need to buy BNB (Binance Coin) the official coin of Binance exchange, you can also buy FDUSD stable coin.
4. Go to the Binance Launchpool page, then click on Saga Token and select the token/coin type you want to farm on this page: $BNB or $FDUSD. 5. Stake your BNB coins or FDUSD and farm by locking for 4 days.
6. Once the Binance listing happens, sell Saga Token, or you can hold it and buy more and wait by hodling.
Following a Bitcoin halving event, the cryptocurrency market typically experiences heightened anticipation and speculation regarding the price trajectory of Bitcoin. Historically, Bitcoin's price has shown a pattern of upward movement in the months and years following halving events.
The logic behind this trend lies in the principles of supply and demand. With each halving, the rate at which new Bitcoins are created is reduced, leading to a decrease in the available supply. Meanwhile, demand for Bitcoin often continues to grow or remains stable, driven by factors such as increasing adoption, institutional interest, and economic uncertainty.
As the supply of new Bitcoins diminishes, the asset becomes scarcer, potentially leading to an increase in its price. This scarcity factor, combined with ongoing demand, has historically contributed to bullish sentiment in the Bitcoin market post-halving.
However, it's essential to note that past performance is not indicative of future results, and the cryptocurrency market is inherently volatile and unpredictable. While Bitcoin has exhibited positive price trends after previous halving events, there are no guarantees regarding future price movements.
Investors and analysts closely monitor various factors, including market sentiment, adoption trends, regulatory developments, and macroeconomic conditions, to gauge the potential direction of Bitcoin's price after a halving event. As with any investment, thorough research and risk management are crucial for informed decision-making in the cryptocurrency market.
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#BitcoinHalvingDrama #BTC、 $BTC Bitcoin halving is a significant event in the cryptocurrency world, occurring approximately every four years. It refers to the reduction in the reward given to Bitcoin miners for verifying transactions on the blockchain. The purpose of halving is to control the inflation rate of Bitcoin and to ensure its scarcity, akin to how precious metals like gold are mined at a decreasing rate over time.
When Bitcoin was created in 2009, the reward for mining a block was 50 bitcoins. However, every 210,000 blocks mined, the reward is halved, leading to a reduction in the rate of new Bitcoin creation. This reduction creates scarcity, which theoretically drives up the value of Bitcoin over time.
The most recent halving took place in May 2020, reducing the block reward from 12.5 bitcoins to 6.25 bitcoins. Historically, Bitcoin halvings have been associated with increased interest and price appreciation in the cryptocurrency market. Many investors and enthusiasts anticipate these events, speculating that the reduction in the rate of new supply entering the market will lead to increased demand and, consequently, higher prices.
Overall, Bitcoin halving is a fundamental aspect of the cryptocurrency's economic model, designed to ensure its long-term sustainability and value proposition in the digital economy. As the Bitcoin network continues to evolve, halving events will remain pivotal moments for investors and observers alike.