Another success was added to Binance's Launchpool project, SAGA. SAGA was listed for trading today, 9/4/24, at 12:00 UTC, with a starting price of approximately $4.5. The price quickly climbed up to $5 and is currently up to $6.60 per coin; that's astonishing! Providing that I sell my coins as we speak, SAGA would yield me a profit of $85 for just 4 days of staking; that's an incredible return. I'm not sure if I'll sell yet, because from what I've noticed, the majority of projects are still climbing a few days after their launch; see Ethena (ENA), for instance, which is now worth over $1.30. I would have made over $150 if I had held my coins for longer.
Saga probably gonna be the same case of celestia all over again this coin is bullish on its own, those that bought when the price were still low also probably holding anyway since they sees potential from this coin, too bad i was too late to buy when the price tanked exactly at the time people are selling their bags but im kinda doubtful to get in now since as you have already know the price already growing up quite high now it seems.
probably gonna be on the lookout for the next launchpool, the fact that so many project nowadays require staking to get rewards pressing on our wallet, binance launchpool is no exception.
alas regardless binance launchpool so far has been showing quite profitable staking program, so many projects actually allocating big chunk of total supply just for binance launchpool alone hoping to get listed to the exchange which works to some extent to pump their coin to another level and produce billions of trading volume, thats just how a big exchange could carry the reputation.