GALA Coin, the native P2E gaming token of the
Gala Games ecosystem, continues to draw substantial market attention, considering diverse market scenarios. A significant event was the extraction of
$22 million in crypto from the Gala Games blockchain platform, despite which, the firm has taken swift measures to contain the incident. Post-exploit, the
token showed stability and surged, aspiring to hit the $0.02717 resistance. In terms of adoption, the platform's user base has spiked, boasting over
3 million gaming ecosystem members on Telegram, an elevation spurred by the upcoming $TREZ token Launch. Echoing its user-centric approach, the platform introduced
Music Coin for its users to earn $TREZ and $GALA. Subsequent to the security incident, around
$23M in ETH were returned by the hacker, leading to a 'Buy and Burn' proposal from the company. Yet, the incident led to a
12% drop in the GALA price, overriding the positive sentiment brought by Coinflow Google Pay Integration. Innovations like
GalaChain, a platform for Web3 gaming and entertainment, and new features for the Treasure Tapper game, pave the way for the brand, despite downturns. In the partnership radar, Gala Games forges ties with
Animoca Brands to bolster its token, alongside a collaborative move with
Telegram and TON to augment Web3 onboarding.
GALA Coin News Analytics from Fri, 09 Feb 2024 08:00:00 GMT to Mon, 11 Nov 2024 18:32:24 GMT -
Rating 4
- Innovation 8
- Information 6
- Rumor 1
