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Over the past weekend, the crypto market witnessed a significant surge in the value of tokens associated with video games and gaming chains, coinciding with Bitcoin briefly touching the $70,000 mark once again.
The Gala price growth has been one of the most impressive rallies in this bull run, with the altcoin gaining by over 90% in two days.
With the crypto weekend rally that saw Bitcoin hitting the sought after $70,000 milestone, and Ethereum nearing its peak of $4,000 there has been a rise in the performance of GameFi tokens. Notably Gala (GALA) has captured attention by surging over 60% in the week.
With the meme coins and market leaders like Bitcoin and Ethereum finding strong bullish footing, altcoins are turning into tracer bullets. Amidst the top performers, the GALA price trend shows a remarkable 85% surge in the last 11 days.
Pixels, Parallel, and Beam all set new peak prices this weekend as Gala, Ronin, and others outpace Bitcoin's own gains.
Crypto Price Analysis: The cryptocurrency market witnessed a renewed buying interest this week as the leading digital asset Bitcoin entered price discovery mode. On Friday, the BTC price hit the much-awaited psychological level of $70000, which is the current all-time high.
Gaming cryptocurrencies were among the best performers during the weekend amid rising demand from day traders. Gala price surged by over 34% on Sunday as it surged to its highest point since August 2022. It has risen by over 400% from its lowest point in 2023, bringing its total market cap to over $1.8 billion.
Crypto Price Prediction: The cryptocurrency market is riding on accelerated bullish momentum, following the lead of Bitcoin price. This leading digital asset showcased a sharp surge from $50600 to $62000 as spot BTC ETF experienced record high volume earlier this week.
GalaPLAY is a comprehensive Play-2-Earn ecosystem project consisting of multiple games in the pipeline. Major games released are Spider Tanks, Tower Star, PokerGo, and Eternal Paradox.
While World of Women claims to champion the representation of women in the cryptocurrency sphere, the reality behind the scenes paints a different picture.
GALA hit a 10-month high on Tuesday after GalaSwap debuted on the gaming firm's network with low-cost trades and incentives for users.
Crypto Market Analysis: The increasing demand from the traditional market through spot BTC ETFs continues to bolster the underlying asset Bitcoin. This digital asset raising for five consecutive days has recorded 17% growth to reach a currency trading price of $5922.
With the Bitcoin price setting dominance above the $57,000 mark, the altcoins are rising to new heights. Amidst this bull run frenzy in altcoins, the gaming and metaverse tokens are gaining momentum. As per our last update, the Gala Games (GALA) and Decentraland (MANA) were ready for a breakout run.
Get ready for some major moves in the cryptocurrency world this year! We're talking about game-changers like the Bitcoin halving, an Ethereum ETF getting the green light, and more. These events are like fuel for the fire of the crypto bull run, and experts are buzzing with anticipation.
The past few months have seen increased interest in defi gaming. How will this reflect on Gala?
In the dynamic realm of cryptocurrency, each day brings new twists and turns, shaping the market landscape and influencing investor sentiment. Today's market update showcases a blend of resilience, volatility, and opportunity as various digital assets navigate their respective trajectories.
While most larger-cap alts are with minor losses, a few of the mid-cap cohort are with massive gains today.
It's time for a once-in-a-lifetime opportunity in crypto, according to an industry insider and Youtuber Brian Jung. His expert analysis reveals that this year's bull run is the final chance for massive gains in the market. Why? Regulation is looming, institutions are accumulating, and the landscape is changing fast.
Considering you do not live under a rock, the stars are aligning for the crypto bulls in 2024, from the fourth Bitcoin halving coming this year to the Bitcoin ETFs getting approval. The potential altcoin season seems just around the corner. Amidst the upcoming altcoin season, the most significant altcoins are sure to perform.
With a history of bullish performance in February, crypto investors are starting to enter the altcoins segments to maximize their profits. As altcoins are more volatile, the upside potential is more lucrative for traders. Amidst the highly volatile sea of altcoins, picking up the best coins can prove risky if Bitcoin takes a bearish turn.
A Web3 online social media influencer with 135,700 followers announced the termination of his contract within Gala Games' content creator program.
Gala Games supports content creators, but doesn't want them focused on token prices and ROI. Can "moonboy" talk pose a real legal threat?
Ronin continues its recent rise amid Pixels game hype, while Beam and Immutable are bouncing back after a rough few weeks.
As the crypto market marks another bearish week, the buyers are desperate for a reversal to avoid another crash. Amidst all this ruckus, the gaming tokens are slowly preparing for a trend reversal with a bounce back next week.
