"Romano prices every launchpool"

PROJECT VALUATION $SAGA

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Strength

•There is a large ecosystem, there are about 350 projects being built on SAGA including gaming, nft, defi.

•208 Chainlets are operating, the number of Transactions exceeds 59 million, the number of wallets reaches 14.5 million.

•Members of the project have a lot of experience.

•Raiseed $13.5 million by a stable group of backers such as LongHash Ventures, Placeholder Ventures, Samsung NEXT, Polygon Studio..

• Good security because it uses Cosmos' Interchain Security mechanism.

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Weakness

•Some of SAGA's models are new and need to be tested like Musical Chair Audition.

•Many projects have deployed Parallel Execution in the market —> need to compete.

•Token vesting at TGE is not very nice.

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Project valuation

Total supply: 1B

Initial circulating supply: 90,000,000 (9% of total supply)

Because it runs on L1 Cosmos, it cannot be traded on Premarket. At the time of TGE, most of the tokens circulating in the market came from Binance launchpool and Airdrop, so the possibility of releasing them first and then collecting them increases. It is predicted that the price when listed will be around $4-6 (equivalent to a capitalization of $360-500 million), which is also quite reasonable for recent Binance launchpools.

For trading, you should wait for the area near 300M to enter because in my opinion, this one will not have strong fomo like the last two ones, $ENA and $ETHFI.