With Donald Trump assuming office as the US President, the crypto market has experienced heightened volatility. While some altcoins have surged, others have faced significant crashes, and many are gaining attention due to recent developments.
The Official Trump meme coin has bounced back strongly after forming a bottom at $32 with the TRUMP price up 20% at press time moving past $41. This surge comes amid developments of fresh TRUMP ETF filings with the US SEC on Tuesday.
The crypto market's surge preceding US President Donald Trump's inauguration appears to have lost momentum. This is reflected by the drawdown recorded in total market capitalization over the past 24 hours.
The U.S. President Donald Trump's newly launched crypto, TRUMP, has showcased impeccable performance since its inception. The meme coin's price skyrocketed, allowing it to reach an all-time high of over $73.
TL;DR President Trump's inaugural speech avoided crypto topics, causing TRUMP and MELANIA tokens to crash. TRUMP token dropped 43%, while the MELANIA token plunged over 60% due to unmet crypto policy expectations. Experts warn of the risks of celebrity-driven tokens and emphasize the speculative nature of meme coins.
The meme coins tied to President Donald Trump (TRUMP) and Melania (MELANIA), which skyrocketed in popularity and nearly doubled in value within hours, are now in freefall. However, token prices have crashed by 60% in just one day, as traders react to Trump's omission of crypto from his much-anticipated inaugural speech.
Two crypto whales bought 307,400 TRUMP , investing $7.06M and $3.167M during a price dip.
Several altcoins are gaining attention today, driven by growing interest in political and celebrity-themed cryptocurrencies. Among the standout performers is TRUMP, Donald Trump's official coin, which skyrocketed to a $15 billion market cap within just 24 hours of its debut.
Last Friday, Donald Trump announced the launch of his new cryptocurrency, Official Trump (TRUMP 10.64%). The meme coin has gotten off to an explosive start.
With the broader crypto market seeing a surge in activity just hours before Donald Trump's inauguration, attention is shifting to key altcoins that could see significant movement in the coming days.
An indicator called the cumulative volume delta shows traders are either shorting perpetual futures or closing long positions.
Ever since Donald Trump was elected as the new president of the U.S., the crypto markets have turned extremely bullish. A couple of crypto-favourable moves raised optimism, which pushed the Bitcoin price beyond the $100K milestone.
Crypto giants are rallying at the inaugural Crypto Ball, energized by President-elect Trump's pro-crypto agenda and plans to position the U.S. as a blockchain leader. Crypto Ball: How Blockchain Giants Are Backing America's Innovation Push The Inaugural Crypto Ball, set for Jan. 17, at Washington D.C.'s Andrew W.
The Block's GMCI indices for memecoins and AI tokens ended 2024 as the largest gainers, while gaming and Layer 2 tokens lost value overall.
As Bitcoin (BTC) continues to dominate headlines with its impressive rally—up 46% since November's election and 133% year-to-date—investors are increasingly turning their attention to altcoins with high growth potential at a lower price point.
GALA, a prominent altcoin in the cryptocurrency market, has recently captured the attention of traders and investors with a significant price surge. From a local low of $0.0295, GALA has climbed an impressive 35.4% in less than 24 hours, now trading at around $0.04.
The $0.052-$0.056 region is an interesting zone of the liquidation heatmap and a target for GALA over the next week.
The appearance signaled a potential shift in Washington's stance on cryptocurrency. Trump pledged to support the crypto industry's growth and innovation in the United States.
The Gala (GALA) token, a prominent player in the decentralized gaming and metaverse space, has gained attention due to its fluctuating price movements and strong potential for future growth. As of December 2024, the live price of GALA is $0.0521, showing a modest uptick of 2.28%.
Story Highlights The Gala price drops ~12% in 24 hours with a trading volume of $458.83 million. The technical indicators record increased volatility, indicating a mixed price action. Positively, a bullish reversal could push the price toward its $0.0790 level. The cryptocurrency market has kickstarted the week on a bearish note.
The cryptocurrency market is witnessing a significant rally, but it's not the usual suspects like XRP or ADA that are dominating the headlines. In the wake of Bitcoin's approach to $100,000 and broader market optimism, a few lesser-known coins have been quietly making impressive gains.
Is GameFi making a comeback? The Sandbox (SAND) and Gala Games (GALA) are flipping bullish, with SAND price up +56% week-on-week. In this article, jump into the latest GameFi price trends, and uncover whether there could be hotter opportunities in the meme coin market.
Story Highlights The Gaming tokens regain momentum, 5th best-performing category of the day. The SAND token records a 2x surge this week and the GALA token bags 100% this month. Technical indicators record increased bullish action, highlighting a higher price target.
While the latter half of the week has seen a cooldown from GALA's recent 80% rally, it remains among the most resilient altcoins in the face of Bitcoin's recent dip - and it doesn't appear to be finished yet. The post Time to Buy Gala? GALA Up 80% In 30 Days, Another Pump Coming? appeared first on Cryptonews.
Gala Film is set to launch its new token, $FILM, on December 5, 2024, aiming to transform the web3 entertainment landscape with its blockchain-based platform.
Bitrue has integrated Gala Games' GalaChain, enabling $GALA trading without Ethereum bridges. This partnership offers lower fees, enhanced security, and expanded trading options.
Gala Games has been making waves in the gaming and cryptocurrency space, thanks to its play-to-earn model and its focus on the metaverse. The GALA token, native to the platform, has experienced dramatic price movements in recent years.
Dogecoin is outperforming the market as Donald Trump leads the race to the White House. Moreover, the volume over Bitcoin surged above $81 billion, almost doubled compared to the previous day, resulting in a new ATH at $75,000.
The crypto market became more active on Election Day. Bitcoin (BTC) prices officially hit a new all-time high amid investor anticipation of Donald Trump becoming the new US president.
The decline in Harris-themed tokens was starkly contrarian to the rise in Trump-themed tokens.
The US elections are on the cards as the top ones, like Dogecoin & Shiba Inu, are gaining back the lost attention. While the entire market is consolidating on election eve, these memecoins have been performing well, with a notable rise in the social sentiments as well.
The cryptocurrency landscape is continuously evolving, with several projects emerging that bring unique opportunities and innovations to the space. In 2024, three standout projects—Qubetics, Gala, and Kryza—are gaining traction, each offering unique propositions to investors and users.
As the US Presidential elections draw closer, political meme-based altcoins are gaining traction. Increased uncertainty has pushed some tokens to appreciate significantly while others remain stable.
Gala Music launches $MUSIC Sessions, a bi-weekly interactive series starting October 23, 2024, to connect artists and fans in the web3 music ecosystem.
Gala Music introduces Halloween 'Trick or Treat' Mystery Boxes offering $MUSIC rewards or exclusive NFTs. Each purchase supports $GALA by burning tokens, priced at $19.99.
In the latest episode of Regina's Web3 Gaming Odyssey, she explored the fast-paced, blockchain-powered universe of Spider Tanks—a game that merges PvP combat with NFT-driven customization. Learn why Regina thinks this Ethereum-based game stands out.
With the BTC price retesting its $65k level, mid-cap and low-cap altcoins have recorded a massive uptrend in their respective portfolios over the past few days. This highlights a rising interest of investors in the altcoin market.
With former President Donald Trump topping the charts on Polymarket, a popular predictions platform, the political finance (politifi) tokens have enjoyed a strong 16.7% boost in the past 24 hours. All ten of the leading politifi tokens are in the green, with many showing double-digit gains.
Gala Music announces updates to $MUSIC tokenomics, introducing dynamic emissions, standardized node rewards, and removal of track rarities to enhance transparency and sustainability.
Gala (GALA), the native token of the gaming blockchain Gala Games, rose slightly as the crypto held onto gains after a positive flip for the top coins. Elsewhere, Celsius (CEL) traded lower after rallying to a two-month high. Gala token surges to 1-month high The price of GALA reached an intraday high of $0.
Gala Games token continued its recovery this week as demand for gaming cryptocurrencies rebounded. Gala (GALA) jumped to a high of $0.0217, its highest point since Aug. 27, and 61% above its lowest level this year.
The metaverse and gaming sectors continue to evolve, Gala Games and its native token, GALA, remain at the forefront of this digital transformation. With a current price of $0.0181, many investors are eager to know: Can GALA double its value in 2024?
With the BTC price sustaining above the $60K mark, the bull run in the altcoin segment is heating up. As the speculations of a bull run in Bitcoin to the $100K sparks up with Presidential elections and rate cuts, the gaming, AI, and meme cryptos are racing fast.
Gala Games will participate in TOKEN2049 Singapore 2024, presenting its vision for a decentralized future and exploring new partnerships.
Singapore – The Crypto Millionaire Gala: WEEX VIP Lounge X TOKEN 2049, hosted by WEEX Exchange, is set to be a landmark event at Marina Bay Sands, Singapore. The Gala promises an atmosphere where innovation thrives, and strategic partnerships are formed. It's an opportunity for KOLs and crypto entrepreneurs to engage with elite figures in the industry, exchange groundbreaking concepts, and explore collaborations that can propel their ventures forward.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The markets continue to experience volatility, and investors seek some crypto to sell to protect their portfolios from further potential losses. While some crypto assets show signs of surging in price, others are flashing signs of further drops, falling victim to the bear market.
Nigerian Afrobeat artist JIRE makes his debut on Gala Music with the single 'Call God,' featuring a $MUSIC reward-enabled NFT.