⇗ GALA Coin: Ecosystem Progress and Market Activity Report
Gala Coin has been in major news roundups from a wide array of events over the past few weeks. Its price has experienced an upward trend with...
The recent collection of news suggests fluctuating fortunes for GALA Coin. Among the notable events, GALA Coin saw a surge ahead of key ecosystem news and the company vouched for the containment of a security incident. Despite a few stumbling blocks, like the loss of $22 million in crypto from their blockchain platform, the firm quickly contained the situation with news that the expoliter returned a large portion of the funds.
A partnership with Animoca Brands was also announced, alongside multiple introductions of new tokens, such as Music Coin and $TREZ Token. Nevertheless, these developments did not prevent temporary dips in the coin's price. In other news, GALA Games exploits led to the loss of billions of GALA Tokens, causing a ripple in the coin's value. However, prompt action and resolution proposals helped recovery. Alongside these dynamics, the GALA community continues to grow, with its gaming ecosystem now boasting more than 3 million users.
The broader outlook for the coin remains varied, with some analysts predicting a 2X surge, long-term accumulation, and resistance levels eyed at $0.02717. However, there are also cautionary voices citing potential drops and dump alerts. The introduction of GalaChain, a chain for web3 gaming and entertainment, remains noteworthy.
GALA Coin News Analytics from Wed, 16 Sep 2020 12:55:16 GMT to Thu, 19 Dec 2024 09:38:17 GMT - Rating 5 - Innovation 7 - Information 6 - Rumor -3
