SGA
Saga Rank 2060
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0 SGA
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Saga
Saga Price $1.38
$1.38
Saga 24h Vol
$1,433,915
$1,433,915
Saga Market Cap $0
$0
24h Vol
322 BTC1 H
-0.2 %
24 H
-1.33 %
7 d
0.83 %
Today Saga price in US dollars is currently
1.38
USD, and if converted to Bitcoin is
0.00030917
BTC. A total of 0 coin's are currently circulating in the Market. Saga prices are currently experiencing a change of -1.33 %, check all cryptocurrency. Over the past 24 hours 0.014 M US dollars Saga has been traded on Crypto Exchanges. Get Saga's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Saga
Symbol
SGA
Algorithm
ETH Token
BTC Price
0.00030917 BTC
BTC Market
0 BTC
BTC 24h Vol
322 BTC
Total Coins Mined
0 SGA
1h
-0.2 %
24h
-1.33 %
7d
0.83 %
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Description
Description
SAGA is a stabilised currency that is not pegged to a single currency, and it is backed by a reserve that utilises the International Monetary Fund (IMF) as its unit of account. The reserve is held in a regulated financial institution where gathers interest to be paid out to the SAGA token holders. Regarding the reserve backing model it is variable starting with 100% backing in special drawing rights and decreasing gradually as its economy increase and market trust is demonstrated. The reduced backing is showed in price appreciation.
Interesting facts about SAGA are SAGA raised $30 Million making them one of the top 3 funded pre-launch stable coins and the price appreciation mechanism that allows the currency to evolve its intrinsic value while breaking the volatility.
