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Saga Dollar (D)
- Price: $0.7473 - 24h: ▲0.00%
- Market Cap: $816,349
- 24h Volume: $1,089.29
- Rank: # 3177 (by Market Cap)
- Last Updated: 1 month ago
Saga Dollar (D) is a digital currency designed to maintain a stable value, similar to traditional fiat currencies like the US dollar.
Saga Dollar (D) Trust Score
The Trust Score (0-100) assesses an asset's safety based on its stability, liquidity, and smart contract security. Higher score = Lower risk.
(High Risk)
(Moderate)
(Low Risk)
Saga Dollar (D) Bull/Bear Trend Strength
7 Day Market Momentum
(Strong Sell)
(Sideways)
(Strong Buy)
30 Day Market Momentum
(Strong Sell)
(Sideways)
(Strong Buy)
Saga Dollar (D) Latest Market Data
Current Values
- Current Price: $0.7473
- 24h Trading Volume: $1,089.29
- Market Cap: $816,349
- 24h Market Cap Change: ▲ $0.0000000
- Fully Diluted Valuation: $816,349
Price Changes
- 24 Hour Price Change: ▲0.00%
- 7 Day Price Change: ▲0.00%
- 30 Day Price Change: ▲0.00%
- 60 Day Price Change: ▼ 25.00%
- 1 Year Price Change: ▲0.00%
Current Price Relative to Yesterday Open/Close
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Current Price Relative to Yesterday High/Low
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Current Price Relative to 7 Day Open/Close
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Current Price Relative to 7 Day High/Low
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Current Price Relative to 30 Day Open/Close
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Current Price Relative to 30 Day High/Low
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Saga Dollar (D) 30 Day Open, High, Low, Close Chart
What is Saga Dollar (D)?
Saga Dollar (D) is a digital currency designed to maintain a stable value, similar to traditional fiat currencies like the US dollar. It operates on the SagaEVM blockchain, which is a specialized network for decentralized applications. This stablecoin is part of a protocol called Colt, a version of the dTRINITY system.
Users can create Saga Dollar (D) by depositing other stablecoins or assets that generate yield. The value of D is fully supported by these external reserves. Uniquely, the earnings from these reserves are given back to those who borrow D, reducing their borrowing costs.
For example, community members might use Saga Dollar (D) for quick and stable payments within the Saga ecosystem. It could also be used for participating in decentralized finance (DeFi) activities without worrying about price fluctuations.
How Does Saga Dollar (D) Work on Its Blockchain?
Saga Dollar (D) is built and operates natively on SagaEVM, an Ethereum Virtual Machine-compatible chainlet within the broader Saga Protocol. This means it leverages the robust and familiar technology of Ethereum while benefiting from Saga’s specialized infrastructure.
The protocol allows users to mint, or create, new D tokens by providing other stablecoins or yield-bearing assets as collateral. These assets form the reserves that back the value of Saga Dollar (D). [cite:
