SAGA has faced a prolonged downtrend, breaking multiple support levels and hitting multi-month lows. Many investors, including our community members, hold SAGA tokens received from multiple airdrops, which are essentially "free" tokens but are currently undervalued.
Fundamental Developments
Indie Autumn: SAGA launched "Indie Autumn," a fall showcase focusing on indie talent within the gaming industry, using its proprietary Chainlet technology.
Vault Six Claims: Vault Six has recorded over 95,000 claims across different loyalty levels, showing active community participation and engagement.
Partnerships
dKloud Collaboration: SAGA’s partnership with dKloud aims to improve web3 scalability. This collaboration integrates dKloud’s deployment tools with SAGA’s Chainlets to facilitate the launch of application-specific blockchains.
Announcements
Vault Six Rewards: The distribution of Vault Six Saga tokens has begun, with further details available on Discord. SAGA also introduced Accident Forgiveness for users who missed a staking round, allowing them to maintain their loyalty status.
Vision and Innovations: CEO Becca Liao shared insights into SAGA’s vision, emphasizing the convergence of AI and crypto within its ecosystem. Additionally, the platform recently announced a new Liquidity Integration Layer (LiL) aimed at removing gas fees to improve user experience.
Social Media Engagement Layer AI’s Activity: The team has maintained high engagement with regular tweets and Twitter Spaces, signaling active efforts to build and maintain a strong community.
SAGA Tokenomics and Vesting SAGA’s vesting schedule shows no major upcoming unlocks, which is a positive indicator for short-term price stability. This suggests the recent downtrend may be due to market conditions rather than insider selling.