Saga (SAGA)

Saga (SAGA) Price

Rank 1159

$0.019735
+$0.000963(+5.13%)

Market Cap

$8.21M

24h High

$0.019927

24h Low

$0.018771

24h Turnover

$25.43K

Total Supply

1.09B

Market Sentiment

Neutral

Saga (SAGA) Price Performance

View Saga (SAGA) Price Prediction

Saga (SAGA) has a Last Price of $0.019735, with a 24h change of +5.13%. The 24h low is $0.018771, the 24h high is $0.019927, and the 24h turnover is $25.43K. The current market cap is approximately $8.21M, ranking 1159 by market cap and accounting for 0.00041% of the total crypto market cap. The All-Time High is $7.860900 (⁦2024-04-09⁩), with a change from the All-Time High of -99.75%.

  • 7 Days

    -2.13%

    Low
    $0.017770
    High
    $0.020602
  • 30 Days

    -49.93%

    Low
    $0.017770
    High
    $0.091199
  • 90 Days

    +54.73%

    Low
    $0.011764
    High
    $0.091199
  • 1 Year

    -82.82%

    Low
    $0.011738
    High
    $0.128390

Fear & Greed Index

0 Extreme Fear100 Extreme Greed
Yesterday
55
Normal
Last Week
62
Greed
Last Month
70
Greed

The Fear & Greed Index is currently 63/100, in the Greed zone; change from yesterday: +8, from last week: +1, and from last month: -7. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did Saga (SAGA) Rise in the Last 24 Hours?

The available indicators point to no strong catalyst directly tied to SAGA. The bid-to-ask depth ratio across the top five levels was 1.41, indicating a slight buyer advantage while remaining relatively balanced; this alone is not enough to explain a pronounced price move. The largest bid and ask were near 0.018639 and 0.018931, respectively, but inconsistencies in the reported quantities call for caution when treating these as short-term support and resistance references. Community indicators showed little activity. Short-term buying support or market impact under low-liquidity conditions are possible explanations, but confidence in this attribution is low.

About Saga (SAGA)

Saga is a Layer 1 protocol that allows developers to automatically spin up VM-agnostic, parallelized and interoperable dedicated chains, or “Chainlets”, that provide applications with infinite horizontal scalability.Saga allows developers to launch Chainlets at the click of a button through shared security, cutting-edge validator orchestration and an automated CI/CD deployment pipeline standardized across any kind of blockchain VM. In a little under 2 years, Saga grew from 0 to 350 projects building on its protocol, 80% of which are gaming. Saga has also inked partnerships with Polygon, Avalanche, MarbleX, Com2uS, and Celestia to automatically scale their infrastructure using Chainlets.

Use Cases and Features

SAGA is the native token of the Saga network. Saga calls dedicated chains that can be deployed for a single application Chainlets. The platform chain can pass the security of the security chain to these chains, and users can interact with deployed Chainlet applications. SAGA is used for staking on the security chain; the design of penalties related to validator misconduct is also based on that security chain.

Supply and Issuance Mechanism

SAGA's initial token generation event was designed with a total supply of 1 billion tokens. Historical allocations included 30% for the ecosystem and development, 20% for core contributors, 20% for fundraising, 10% for the foundation reserve, and 20% for airdrops; the core contributor and fundraising portions previously used a one-year cliff and three-year vesting arrangement. In 2025, a proposal was made to direct more inflation rewards to a community funding pool and on-chain application-layer incentives; this adjustment was a proposal.

How to Buy and Use Saga (SAGA)

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Frequently Asked Questions About Saga (SAGA)

What is SAGA?

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What does a Saga Chainlet do?

x

Why can SAGA be used for staking?

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How are validators related to SAGA?

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How was SAGA initially allocated?

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What reward-mechanism change did Saga previously propose?

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Does holding SAGA represent a fixed return?

x

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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