Daily Top Performer — Saga (SAGA)

The SPX index was down by 0.96%, with utilities, communication services, and consumer discretionary sectors leading the declines.

Top crypto gainers and losers over the past 24 hours:

Crypto 1D

Bitcoin (BTC) up 1.14%

Bitcoin Cash (BCH) up 3.37%

Dogecoin (DOGE) up 0.33%

Shiba Inu (SHIB) up 2.17%

Optimism (OP) up 6.37%

Near Protocol (NEAR) down 1.17%

Polkadot (DOT) down 1.63%

Polkadot (DOT) down 1.63%

Chainlink (LINK) down 2.03%

Bitcoin SV (BSV) down 2.37%

Today's crypto gainers and losers list is led by Saga (SAGA), which surged 8.7% after dKloud's partnership with Saga to streamline blockchain deployment and enhance Web3 scalability. Among the crypto gainers, Bitcoin rose 1.14% in the past 24 hours, while NEAR Protocol and Polkadot experienced slight losses.

Saga (SAGA) soared 8.7% after dKloud partners with Saga to streamline blockchain deployment. Saga is known for their app-specific blockchain provisioning technology, and by combining Saga's Chainlet technology with dKloud's DevPack, LaunchPack, and KloudDeploy tools, they aim to simplify blockchain deployment and enhance web3 scalability, enabling developers to launch dedicated blockchains more efficiently.

Check Out the Latest Prices, Charts, and Data of SAGAUSDT Perp!

Saga (SAGA) is a Layer 1 blockchain protocol founded in 2021, which allows developers to create customized chains for their applications, providing shared security and scaling solutions. Saga is designed to cater to the needs of Web3 application developers who require dedicated blockchains for their projects. The protocol enables developers to launch application-specific blockchains quickly and easily, allowing them to tailor the blockchain's parameters, such as consensus mechanisms, gas fees, and block intervals, to optimize performance for their specific applications.

Saga is backed by prominent venture capital firms, including Accel, Coinbase Ventures, and Multicoin Capital, and has raised a total of $66 million in funding. The SAGA token serves as the native cryptocurrency of the Saga blockchain, facilitating transactions, paying for gas fees, and participating in the network's governance.

Saga aims to simplify blockchain deployment and enhance Web3 scalability, enabling developers to launch dedicated blockchains more efficiently. dKloud, on the other hand, provides a suite of tools to help developers build, launch, and manage their decentralized applications (dApps) on multiple blockchains. By integrating with dKloud, Saga aims to make it easier for developers to deploy their blockchains and scale their Web3 projects.

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