Key factors impacting GALA Coin include market predictions, security incidents, integration with Google Pay and Apple Pay, new partnerships, its new music coin initiative, and gaming developments. Several bullish forecasts estimate significant surge, while a number of hits on security, including a $200M exploit and a $22M hack that was 'contained', have drawn attention. The exploiter of the mentioned hack returned the funds prompting the Gala Games' founder to propose a 'Buy and Burn' strategy.
Gala Games have introduced a new way to earn through their Music Coin and have also partnered with tech giants Google and Apple for integrating their payments solution on their platform, which spells convenience for users. Despite these advancements, dramatic market fluctuations have been noted with GALA Coin experiencing severe drops. Still, there has been a strong rebound after integrating payment platforms.
Gala Games has also revealed GalaChain, a blockchain-based chain for web3 gaming and entertainment, showing innovative steps within the gaming industry. The introduction of Treasure Tapper, new token-rewarding clicker game, further marks their growth in the crypto gaming space. Partnership with Animoca Brands is also seen to boost the GALA Token. This, however, led to a plunge in GALA's value at the announcement.
GALA Coin News Analytics from Thu, 07 Dec 2023 11:38:57 GMT to Thu, 29 Aug 2024 20:55:00 GMT - Rating 3 - Innovation 8 - Information 7 - Rumor -4