The GALA token had a robust bounce again final Monday after a giant drop, making it a prime altcoin to purchase. The query is, what triggered this restoration?
On this article, we’ll look at Gala Video games from each basic and technical views, outlining potential value targets for the following 6-12 months and discussing strategic shopping for alternatives.
Along with this Play-to-Earn crypto, we’ll additionally discover an rising crypto with a Study-to-Earn mannequin referred to as 99Bitcoins and its potential for explosive progress at launch.
Gala Video games’ latest bullish information fuels GALA token surge
The latest bounce again of the GALA token matches Gala Video games’ information about elevating the Gala Gold membership charge to $100 and upgrading GalaChain’s safety.
Elevating the Gala Gold membership value helps preserve the VIP neighborhood unique and exhibits Gala’s plan to reward its most devoted members.
Gala Gold membership charge improve to $100
Gala Video games, recognized for its video games, music, and movie initiatives, has introduced that the Gala Gold membership charge will rise from $50 to $100. Initially priced at $10, this VIP membership affords lifetime entry to unique advantages. Elevating the membership value goals to maintain the neighborhood unique and high-quality.
Gala Gold units aside probably the most devoted members from informal customers. Membership supplies entry to particular Discord channels for bulletins, sneak peeks, discussions, and occasions.
Members additionally get direct interactions with firm leaders and early entry to info, typically earlier than it turns into public. The membership creates a close-knit neighborhood that helps form and enhance Gala’s choices.
Moreover, VIP members sometimes obtain free NFTs, which might embrace in-game objects and distinctive digital property. These NFTs are given primarily based on a snapshot of present members, so solely those that paid by the snapshot date obtain these unique objects.
GalaSwap API improve
Moreover elevating the Gala Gold membership charge, GalaChain will improve the GalaSwap API beginning August 1, 2024. This improve will make the signature course of for API operations extra constant by accepting just one particular signature for every operation.
Customers should replace their signing code to match the brand new signature format, or they are going to encounter errors like “S worth is simply too excessive.” This safety improve follows a safety breach two months in the past, the place $23 million price of GALA tokens had been minted and bought with out authorization.
Nevertheless, this replace shouldn’t be in response to present vulnerabilities however goals to strengthen GalaChain’s safety. Customers ought to assessment the up to date GalaSwap API documentation and alter their techniques to fulfill the brand new necessities.
The assist crew is offered to assist with this transition and guarantee a easy replace course of. As Gala Video games and GalaChain evolve, consideration is on the GALA token, which is rebounding. The 24-hour buying and selling quantity has surged by 27.61% to $61.99M, indicating rising curiosity within the token because it recovers from a latest decline.
GALA value prediction
Gala Video games is a play-to-earn platform the place gamers earn cryptocurrency via gameplay. The platform exhibits promise, at the moment having a market cap of round $785 million and a value of $0.02. Prior to now, Gala reached a peak value of $0.83 with a market cap of about $5 billion.
Nevertheless, with a rise in circulating provide, reaching the earlier all-time excessive may be difficult. A extra practical goal can be a market cap of $3.5 to $4 billion, probably pushing the value to $0.08 to $0.10.
Analyzing the charts, Gala seems comparatively secure. The weekly timeframe suggests a bullish market construction. The 0.5 Fibonacci retracement stage, round $0.03, is an important indicator; breaking this stage might sign a major upward development.
For potential shopping for alternatives, the present value stage appears undervalued, making it a sexy entry level for long-term buyers. Potential value targets embrace a return to the earlier excessive at $0.08 (a 4.2x return), a mid-term goal round $0.18 (a 9.2x return), and a extra bold long-term goal of $0.39 (a 19.4x return).
99Bitcoins presale ends in lower than every week
The presale for 99Bitcoins Token ends in lower than every week. Early buyers have just some days left to purchase $99BTC tokens at a low value earlier than they grow to be out there on the open market. It’s like getting a backstage move to a live performance earlier than tickets go on sale.
🚀 Vital announcement! 🚀
We have now now reached the ultimate stage of the $99BTC presale! 🤯
Hurry and safe your tokens now earlier than the #Presale ends on the sixth of August at 9.30 AM UTC.
Don’t miss out! 👉 https://t.co/9aJ5rE6jNB#99Bitcoins #BTC #Crypto #L2E pic.twitter.com/V742gsgnv9
— 99Bitcoins (@99BitcoinsHQ) July 31, 2024
With solely 5 days remaining, the presale value of $0.00116 received’t final lengthy. The presale ends on August sixth at 2pm UTC, and after that, this early-adopter benefit can be gone. Up to now, the presale has been profitable, elevating over $2.5 million and displaying robust neighborhood assist.
Many buyers are excited concerning the potential of the Study-to-Earn mannequin, and there’s plenty of buzz round it. After the presale, the crew plans to launch on a decentralized change (DEX) and hopes to listing on centralized exchanges (CEX) later within the 12 months. You may discover the potential way forward for 99Bitcoins via our 99Bitcoins price prediction.
Along with the presale, the 99Bitcoins Token crew is operating an enormous airdrop marketing campaign, making a gift of $99,999 price of Bitcoin to 99 fortunate members of the neighborhood. It is a nice likelihood to win huge only for becoming a member of early.
The crew additionally plans to change to the BRC-20 normal on Bitcoin, which might open up new alternatives and faucet into the rising Bitcoin-based ecosystem. This forward-thinking transfer highlights the undertaking’s dedication to crypto training.
99Bitcoins Study-to-Earn and staking options
99Bitcoins isn’t new to the crypto world. Since beginning in 2013, the platform has provided 79 hours of crypto programs to over 2.8 million subscribers and has greater than 709,000 social media followers.
The platform will energy a “Study-to-Earn” system that goals to alter how folks find out about crypto. On this system, customers can earn $99BTC rewards by studying about blockchain, DeFi, and NFTs.
Consider it as getting paid to check—besides as an alternative of boring textbooks, you interact with modules, quizzes, and extra. Incomes $99BTC comes with advantages like VIP group entry, buying and selling alerts, mentoring, and unique programs.
There’s additionally a staking possibility for these searching for passive earnings. By staking $99BTC, buyers can earn about 671% yearly. This yield will lower as extra tokens are staked, but it surely stays a robust alternative for a lot of.
General, the mixture of Study-to-Earn and staking permits you to each acquire crypto data and earn rewards. To take part within the $99BTC token presale, go to 99Bitcoins.com.