1.GALA
Gala Games recently expanded its payment options by partnering with Coinflow to add Google Pay and Apple Pay to its platform. The integration aims to increase accessibility for users by allowing them to use familiar and trusted payment methods within the Gala ecosystem. By integrating these widely used tools, Gala Games hopes to improve the way users manage and interact with digital assets on GalaChain.
Meanwhile, Gala’s market performance has slightly improved in recent intraday trading. The cryptocurrency has been holding support around $0.0148 following an intraday gain. Gala is trading at $0.0177 after a slight increase of 0.26% over the past day. The price is still up 10% over the past year despite the general market downturn. Moreover, liquidity remains strong, reflecting investor interest in the token.
Price predictions indicate potential growth, with community sentiment remaining positive. Current forecasts suggest that GALA could reach $0.05896 by October 2024, which would imply a possible growth of 231.20%. Short-term forecasts for the coming days also indicate a possible uptick, with a gradual increase expected by September. However, GALA’s future performance could depend on broader market trends, including the movement of Bitcoin.
2.DOGS
The $DOGS emoji coin integrated with Telegram has recently gained traction on major cryptocurrency exchanges such as Bitunix. $DOGS, inspired by the mascot "Spotty" created by Telegram founder Pavel Durov, has surged in popularity in the cryptocurrency space. Its "Click to Earn" feature, where users can earn tokens through Telegram activities, has contributed to the growth of its user base. More than 8 million people participated in the airdrop, which helped increase its Telegram community members to more than 16 million.
Unlike many meme coins that rely on hype, $DOGS provides some functional use in Telegram. Built on the TON blockchain, the majority of the 550 billion tokens are allocated to active and long-term Telegram users. Specifically, 81.5% of the token supply is reserved for the community, and 73% is targeted at Telegram's most active users.
Additionally, Binance recently announced the launch of DOGSUSD perpetual contracts on Binance Futures, allowing traders to use up to 20x leverage. DOGS was trading at $0.001052, up slightly by 0.23% intraday.
Overall, $DOGS offers unique utility within the Telegram ecosystem, which may set it apart from other meme coins on the market. However, its future growth will depend on how effectively it attracts its user base.
3.TON
Toncoin (TON) recently surged more than 7% after Telegram CEO Pavel Durov criticized France’s investigation into illegal activities following his arrest. As of 2:45 a.m. ET, TON was trading at $4.87, helped by Durov’s comments.
According to IntoTheBlock, many Toncoin holders are currently facing losses. Only about 9% of holders are profitable, and most holders have negative returns. However, many wallets holding TON are less than a year old, which indicates a recent influx of investors. This bearish trend may be a temporary correction before the next big rise.
In August, Binance launched Toncoin, offering trading pairs such as TON/BTC and TON/USDT. Upon the news, TON’s price surged by more than 10%. Today, TON is up 7% in the past 24 hours, with daily trading volume up 40.94% to $379.054 million.
Infrastructure development has also fueled the rise of Toncoin. On August 14, the TON Foundation launched TON Ventures, a $40 million fund to support early projects on the TON blockchain. The move is expected to attract more developers and projects to join the network.
