Gala token jumps as focus shifts to the upcoming V2 airdrop

2023-4-18 15:12

Gala token jumped sharply on Tuesday after the developers announced a plan of a new airdrop. The token jumped to a high of $0.048, the highest level since March 19th. It has soared by more than 216% from the lowest level in January this year.

Gala airdrop upcoming

The main reason why GALA price jumped sharply is that the developers announced plans to launch an airdrop of the second version of the token. This airdrop will happen on a 1:1 basis to holders of the current version of the GALA token.

In a blog post, the developers explained the reason for this airdrop. They said that the token will be part of its upgrade of the broader ecosystem as it adopts to the Gala smart contracts on Ethereum. Some of the features of the new token are that it will be secure and more user-friendly. It will also introduce a burn mechanism. 

By introducing burning, the developers hope to reduce the overall volume of the tokens and create more value for holders. As part of this transition, the developers cautioned GALA holders that they must remove their tokens from liquidity pools or smart contracts before May 15th. The statement said:

“We envision a bright future for $GALA and the projects that will be built upon it. This new era for our GALA paves the way for a prosperous and thriving ecosystem that benefits all participants.”

Gala Games is one of the leading players in the blockchain industry. It is a gaming, metaverse, and non-fungible token (NFT) platform. Its primary service is that it enables developers to build and deploy games, which users can play in the ecosystem.

Gala Games is also working to launch its own smart chain, known as GalaChain, which will be more secure, faster, and cheaper.

Gala price prediction

The daily chart shows that the GALA token has been in a strong bullish trend in the past few days. It has jumped above the 25-day and 50-day moving averages. It also retested the key resistance point at $0.048, the highest point on March 18.

Therefore, there is a likelihood that the token will continue rising as buyers target the next key resistance point at $0.062, the highest point on January 27. A drop below the support at $0.043 will invalidate the bullish view.

How to buy GALA token

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy GALA with eToro today Disclaimer

Coinbase

Coinbase is a global cryptocurrency exchange. Its platform is well designed for beginner investors and it offers a wide range of coins, as it has over 100 to choose from. Coinbase has high level security built into the platform, a range of diverse features to use and it offers its users options for storing their crypto, such as being able to store coins on the Coinbase exchange.

Buy GALA with Coinbase today Disclaimer

The post Gala token jumps as focus shifts to the upcoming V2 airdrop appeared first on CoinJournal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Waves Community Token (WCT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 1.05 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.1615 (-100%)

token airdrop level gala jumped year march

Источник: coinjournal.net

token airdrop → Результатов: 126


Фото:

Markets Update: Most Cryptos Consolidating

The cryptocurrency meta-trend has seen most leading markets continue to grind sideways at key support zones, though there has been a slight bounce in the last few hours. Among the weakest performing major markets in recent days are tron (TRX), which has broken a critical ascending trendline following the bittorrent token (BTT) airdrop, and nem […] The post Markets Update: Most Cryptos Consolidating appeared first on Bitcoin News.

2019-2-1 17:15


WinWinCoin ICO

WinWinCoin gambling solution with decentralized Jackpot What do we offer? As mentioned above, we have a full understanding of current problems in the gambling industry and that is why we offer an effective solution in the form of decentralized anonymous currency WinWinCoin which will save players from limits, fees, make money transfers faster and all wallets and transactions anonymous which will allow avoid territorial and legislative restrictions.

2019-1-5 21:09


CryptoProfile ICO

CP believes in the importance of credible ICO projects. All ICO Projects will be check and research thoroughly before we accept them as our client. We offer our clients 100% return of all profits through marketing and also a 6-month return on the original value of tokens invested through a smart contract (T&Cs apply).

2019-1-4 02:03


Priority Token представляет революционный метод проведения airdrop (airdrop DataXChain внутри!)

Спонсорский материал Вы, вероятно, уже слышали об airdrop — способе проведения токенсейла, в котором монеты бесплатно начисляются на кошельки пользователей. Некоторые проекты сами раздают монеты, другие — начисляют их владельцам более популярных монет.

2018-12-3 12:03


China's Central Bank Wants to Put the Damper Airdrops: Report

The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.

2018-11-5 22:04


China's Central Bank Wants to Put the Damper on Airdrops: Report

The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.

2018-11-7 22:04


Фото:

VeChain (VEN) Token Swap on Mobile Wallet Ongoing and a Betting DApp Chooses The Platform

Binance was the first platform to publicly announce that it would be supporting the VeChain (VEN) token swap to VeChain Thor (VET) back in late June. The exchange would then complete the procedure on the 25th of July this year that was accompanied by a 100 Million VTHO Airdrop gift to all the Binance holders […] The post VeChain (VEN) Token Swap on Mobile Wallet Ongoing and a Betting DApp Chooses The Platform appeared first on Ethereum World News.

2018-8-10 13:34


Фото:

It’s Free! NEO and ONT Join Forces for a Second Round of a 40M USD Airdrop!

NEO, one of the main blockchain projects in China, has joined forces with ONT to carry out a significant Airdrop to increase not only the volume but also the number of users of both cryptos. Yesterday, the official NEO blog announced that NEO token holders are going to receive $40 million worth of ONT tokens on […] The post It’s Free! NEO and ONT Join Forces for a Second Round of a 40M USD Airdrop! appeared first on Ethereum World News.

2018-7-13 20:01


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Dogecoin and Ripple investors turn to iDEGEN a momentum grows

As AI takes over the crypto space, one project stands out; iDEGEN. Just three weeks into its presale, it’s price has rallied by close to 90,000%. Besides, the crypto-friendly environment that President Trump is cultivating is set to bolster the new entrant as well as other established cryptos.

Bitcoin reclaims $100k, could rally higher on possible Fed rate cut

Key takeaways Bitcoin is trading above $100k and could rally higher in the coming days. iDEGEN’s pre-market auction officially hits $4 million as more investors troop in. Bitcoin reclaims the $100k spot The cryptocurrency market began the week poorly, with Bitcoin dropping to the $93k region on Monday.

Crypto price predictions: HBAR, iDEGEN, Bitcoin

Bitcoin Price Holds Steady Amid a Probable US Selloff  BTC/USD has been trading steadily above $90,000 for two weeks now; missing the all-important mark of $100,000 by less than 5 dollars on 22nd November.