How much will $SAGA's 51st release cost after listing on Binance? Will Fomo be strong or not? 👇👇
1️⃣ $SAGA Potential
•This is a project about blockchain launch services, so it is very likely to be successful in the future because the cryptocurrency market demand is growing.
•Supports many EVMs, easy to operate quickly and effectively.
•Large ecosystem with 350 projects, 80% are games. This narrative will continue to explode strongly in the near future, this factor will help attract investors and users to use SAGA.
•Partnered with Polygon, Avalanche, and Celestia to scale infrastructure using Chainlets.
•The experienced development team, especially Rebecca Lio, raised $13.5 million, such as Ignite, GSR, Polygon Studios, Placeholder... is a solid foundation for the project.
2️⃣SAGA Weaknesses
•The level of competition is quite high because it is not the first project on blockchain implementation support services ($DYM, $ALT...)
•In terms of security, although the Cosmos mechanism is used, it needs to be continually improved.
•Chainlets fees and payments are highly dependent on the price of $SAGA, so large fluctuations may negatively affect the use of Chainlets.
3️⃣ Project assessment
The maximum total supply is 1 billion tokens. Circulation in TGE is 90,000,000, which represents 9% of the total supply.
With Binance Launchpool (4.5%) and Airdrop (4.5%), after $SAGA is listed, selling is likely from the retailer. If MM wants to collect everything, it will take him some time and then he will attack you.
•After listing, the price will reach 5-6$ dollars, the capitalization will drop to 450-540 million.
•Continue to slowly adjust to the $2.5-3.5$ area and then continue to rise
In summary, for users who farm $SAGA and Airdrop, you should sell when you reach 5-6u and wait to buy back at 2.5-3.5