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The Gala worth has roared again, surging 18% within the final 24 hours to commerce at $0.04907 as of seven:25 a.m. EST on a 5% drop in buying and selling quantity to $571 million.
This surge follows information that Gala Video games acquired again about $23 million price of ETH from a hacker who exploited the community earlier by minting and promoting GALA tokens price tons of of thousands and thousands.
Not at my laptop so I am unable to verify the handle, however it seems just like the $GALA exploiter has simply returned the ETH they bought from the hack! https://t.co/IfnfcQTlqL
— Jason Brink aka BitBender (@BitBenderBrink) May 21, 2024
Gala Worth Reverses On A Sturdy Help Zone
The value of Gala has been on a protracted decline, with the bears constantly pushing it down.
Regardless of the drop, the bulls are displaying resilience, stopping the bears from making additional positive factors and establishing a stable assist degree.
If the bulls can preserve this upward momentum from the assist zone, they may push the worth again as much as the $0.0634 excessive in a bid to recuperate their losses.
GALAUSDT Evaluation. Supply: Tradingview.com
The value indicators recommend a doable bully rally as the worth nears the 50 and 200 easy transferring averages (SMAs). Furthermore, there’s a chance of a transferring common cross, which could add to the overall bullish momentum.
However, the relative energy index signifies a rebound from the 50 midline degree to 70. Elevated shopping for stress ought to maintain the momentum into the overbought zone.
Gala Worth Bulls Eye ATH Restoration As Help Holds Sturdy
The value of Gala is displaying robust indicators of a bullish pattern, bouncing again from the assist degree at $0.04039. If this momentum continues, the worth will rise to $0.06340. Breaking previous this level would possibly push it in the direction of its all-time excessive of $0.8248.
Nonetheless, if the bulls lose steam, the bears would possibly step in and pull the worth again right down to the assist zone at $0.04039. If it falls beneath this, the subsequent assist degree to observe can be $0.03405.
An Engaging GameFi Various – Subsequent 100X Crypto?
Regardless of robust indicators of a bullish pattern for GALA, some buyers are hedging their bets by diversifying into Mega Cube(DICE), a GameFi presale that has shortly raised over $1.3 million in funding.
DICE is the native token for Mega Cube On line casino, a crypto on line casino and gaming platform that receives over $50 million in bets each month from greater than 10,000 energetic customers. DICE holders get pleasure from over 4,000 on line casino video games, entry over 50 sports activities and eSports betting choices, and earn passive revenue.
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Mega Cube additionally plans a $2.25 million airdrop giveaway unfold over three seasons. Season 2 of the airdrop has already began.
To get in on the motion, all you must do is wager $5,000 or extra between Might 15 and June 28 for an opportunity to seize a portion of the $750,000 airdrop with a most airdrop of $37,500 per participant. The extra you wager, the bigger your potential share.
Buyers who purchase and maintain DICE tokens may get pleasure from unique NFTs and each day rewards based mostly on the on line casino’s efficiency.
The $DICE Season 2 Airdrop is LIVE – Earn Your Share of a $750,000 AIRDROP! 🚨💰
Desire a piece of the motion? Simply wager $5000 or extra between Might 15 and 28 June, 2024, and you can declare your share of the $750,000 airdrop! 😍 With a most airdrop of $37,500 per participant, the… pic.twitter.com/4m5I4E7aLT
— Mega Cube On line casino (@megadice) May 20, 2024
99Bitcoins, a YouTube channel with over 700k subscribers, says that DICE would possibly surge 100X when it launches.
You should buy DICE from the official web site at $0.075 per token. However hurry as the worth will improve when the presale reaches the $2 million milestone.
Purchase DICE tokens utilizing SOL, ETH, or BNB right here. You may earn a ten% fee on all referral purchases.
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