I calculated the current inflation rates for multiple cryptos. Higher inflation typically means bad, but read the brief in the next tweet for more details.
$BNB is a surprising winner here due to quarterly burns.
Suring Ahead: Yearly Growth of Daily Transactions on @Injective
đčThe $INJ ecosystem has been growing significantly in the last 12 months, as transaction numbers have quadrupled. đžThe ecosystem is praised for its resource efficiency and speed.
đ„đ„đ I know all you degens want price prediction for $SAGA đ€ as I am the only man alive to be never wrong.
Price prediction somewhere in the middle.
However, lets first discuss what is $SAGA
A thread. Will be disgusting if you dont follow like and RT !!!
BAD LUCK WILL DESCEND ON FOLK WHO JUST READ đđ
Saga is a Layer 1 protocol that allows developers to automatically spin up parallelized and interoperable dedicated chains that elastically scale with their Web3 application needs.
The SagaOS is an Integrated Stack for Web3 application development172.1K
đ SAGA MISSION đ empower developers in the evolving Web3 landscape. Partnerships: Polygon, Avalanche, and Celestia. These collaborations position Saga as a leader in web3 development and set the stage for an extensive Mainnet launch
At Phase 1, the $SAGA token is live on the Saga security chain. The total supply of Saga at TGE will be one billion tokens: Core Contributors (20%): 3 year lockup with a 1 year cliff starting at TGE.
Fundraising (20%): 3 year lockup with a 1 year cliff starting at TGE.
Ecosystem and Development (30%): No clue about their availability
Foundation Reserve (10%): No clue about their availability
Airdrops (20%): Only 6% available at TGE as there are 6 phases of airdrops. I will stake 80% of my tokens and keep 20% liquid. This is an airdrop that will keep giving just like $STRIDE Now the bit you are most excited about. PRICE PREDICTION Assuming 60 million are available immediately and there is no shenanigans with ecosystem and development pool its dubious speculation to assume what initial supply will be. I already see #Binance Launchpool is promising juicy incentives for $BNB stakers and claiming ICS to be 90 million.
If the price is $1 90 million is peanuts so I am going big with this one. I think this can easily hit $10 â€ïžâ€ïžâ€ïž That will imply 1 billion FDV. Given the stuff I have seen with other gaming projects and knowing $SAGA is a far superior product, given there are six phases $SAGA price will easily hit $20 this bull !!! Real degen move will be stake all, hold through bear, sell at peak of next bull.
Bitcoin's ATH breakout in 2020, vs in 2024. Volatility designed to make you give up, or let go of your plan. Don't fall for their tricks - this bull market is not over. #TrendingPredictions
As we can see here #Injectiveđ„ is stil in its range and making it's way to the top of the range. can we breakout this time around? i do believe so!! RSI have been reset (even on weekly timeframe) đ and we seem to be having bullish momentum Let's get ready to MOON!đđđ
Blackrock joined the RWA trend already. Currently, according to CG, the Real World Assets (RWA) market cap today is $6.52 Billion. Now think about what will happen to the RWA sector post-halving, are you prepared for it?
Jackal $JKL is an existing #Cosmos project that's been serving people premium decentralized storage to all blockchains. ShipFi of Comdex $CMDX could be available to the masses anytime soon. While Mantra $OM launched already, it is still due for stress testing (incentivized testnet) on their website. Also, KinetixFi has been online for a couple of months now and you can trade Crypto, Forex, and commodities already. #RWA
The RWA sector has been dominating the market since the recent launch of BlackRock USD Institutional Digital Liquidity Fund đ
- $POLYX +200% - $ONDO + 131% - $TRU $GFI +100%
Which projects get adopted by BlackRock ?
1 @MakerDAO $MKR - DAI with RWA on Multiple Collateral - Easy exposure to RWA, earning 15% APY just by staking $DAI - $SPK is coming soon, DeFi whales are already farming $SPK. - MakerDao's Endgame is set to launch in summer 2024. - Endgame = New Brand, New Token (1:24,000 Redenomination)
2 $ONDO - $USDY, $OUSG, $OMMF, 3 products with an average of 5% APY - Most exposure to BlackRock - "World's first tokenized U.S. Treasuries" that packages BlackRock Treasury ETFs
3 @TrueFi $TRU - Launched a new RWA lending platform called Trinity - Crypto loans using tokenized RWAs as collateral - Launched USD-based $TRI, tokenized T-bill product $tfBILL, yielding up to 15% APY
4 $GFI - $USDC-based credit lending - Solid teams, Founders from Coinbase - Approx. 8% APY - Low cap RWA
5
$CFG - RWA Product like loans and US Treasuries, 4-8% APY - On-chain asset management: Comming soon - Centrifuge Prime: Comming soon
6
$MPL - Institutional Lending Platform, up to 15% APY - New roadmap and product announcements coming March 27th - Recently expanded to Base eco - Low cap RWA
7
$CPOOL - RWA lending Platform, up to 17% APY + $OP Reward - Recently expanded to MANTLE eco - Low cap RWA