
The recent controversial gala hosted by held for top investors of his meme coin has raised eyebrows. Critics assert this event as pay-for-play, with token holders electing to offload coins ahead of the dinner. A protest was planned during the gala concerning alleged crypto corruption, while top judiciary Democrat Raskin has been investigating the event. In connection, the gala dinner is under scrutiny as many participants have reportedly lost money with Trump's cryptocurrency. There were also concerns voiced over poorly implemented security, bad food, and the attendance of undesirable personalities. Despite controversies, the price of the GALA coin rebounds after hitting a multi-month low due to rising buying pressure. Post-gala, top memecoin holders were observed to significantly dump tokens in the market. Guests paid a hefty $148 million to be a part of the function. In other news, Gala Games is reportedly facing a crisis with The Walking Dead: Empires shutting down. Lastly, after the gala, Trump’s memecoin observed a price drop.
GALA Coin News Analytics from Thu, 19 Dec 2024 08:00:00 GMT to Fri, 06 Jun 2025 20:52:59 GMT - Rating 3 - Innovation -2 - Information 5 - Rumor -7