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To add excitement to the drama, Gala posted and deleted a tweet announcing her partnership with Dwayne “The Rock” Johnson When Mark Wahlberg – then promptly deleted the tweet without explanation. The move may have affected prices, which he dropped 20% to 4 cents.
Gala has since revealed that the tweet was intended for a private Discord server and was removed out of respect for those involved. Gala token Gala/USD It has risen to about 4.5 cents at the time of writing.
David KemmererCo-Founder and CEO of CoinLedger, a leading cryptocurrency tax software provider, commented on the correlation between earlier tweets and GALA price movements over the past week. He believes the volatility in hype surrounding the tweet caused a temporary whiplash in GALA prices.
“In the last 24 hours, Gala surged 26.52%, reaching a price of $0.05234. Jumped to level” from September 2022. The Rock and Mark Wahlberg are major celebrities and partnering with them will help grow the Gala ecosystem. said Kemmerer. “GalaGames deleted the tweet, leaving many crypto enthusiasts to question the veracity of the initial announcement, causing the token price to drop significantly.”
However, demand still seems to be strong, especially as the deleted tweets are explained.
Also read: Bitcoin surge above $21,000: Is this move sustainable or just speculative mania?
AJ PleasontonBitBoy Crypto writer Felt Gala was on a bullish path despite temporary setbacks.
“Despite the turmoil on Twitter, there is no denying that GALA is using the bear market as a building opportunity. embers entertainment I lit a fire. With the pay-by-burn mechanism that burns GALA tokens, it’s hard to argue whether or not this breakout is fake. If you learn, anything is possible. “
Cover image: Gala.com
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