‘Anything is possible’ in gala gaming growth, despite escaped tweet: crypto expert

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To add excitement to the drama, Gala posted and deleted a tweet announcing partnerships with Dwayne The Rock Johnson and Mark Walhberg, then summarily deleted the tweet without explanation. This decision may have had an impact on prices, which fell 20% to 4 cents.

Gala has since clarified that the tweet was intended for a private discord server and has been taken down out of respect for the parties involved. Over the past two days, the Gala GALA/USD token has risen to around 4.5 cents at the time of writing.

David Kemmerer, co-founder and CEO of CoinLedger, a leading crypto tax software provider, commented on the correlation between the former tweet and GALA’s price convulsions over the past week. He believes the rise and fall of the hype surrounding the tweet caused the momentary boost in GALA awards.

“In the past 24 hours, Gala jumped 26.52% to a price of $0.05234. On Monday, the company tweeted that it was working with Dwayne Johnson and Mark Wahlberg, which led to the token price rising to its all-time high. since September 2022. The Rock and Mark Wahlberg are major celebrities and a partnership with them would drive the growth of the Galas ecosystem. said Kemerer. “Gala Games deleted the tweet, and many crypto enthusiasts questioned the authenticity of the initial announcement, causing the price of the tokens to drop significantly.”

But demand appears to remain strong, especially with the deleted tweet explained.

Also Read: Bitcoin Surpasses $21,000: Is the Move Sustainable or Just Speculative?

AJ Pleasonton, writer for BitBoy Crypto, opined that despite the temporary stumble, Gala is on a bullish path.

Despite the confusion on Twitter, you can’t deny that GALA used the bear market as an opportunity to build. The acquisition of Ember Entertainment set it on fire. With a pay-per-burn mechanism incinerating GALA tokens, it’s hard to tell if this breakout is a fake exit. They still have a long way to go to get back to all-time highs, but if I’ve learned anything in crypto, it’s that ANYTHING is possible.

Cover image: Gala.com

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