GalaGames
385,619 views
102 Posts
Hot
Latest
Just added more GALA to my wallet 🚀🚀🚀
First step to $0.4 📈
THEN
FINAL TARGET $1 ( TO THE MOON 🌑🌕) 💪
Witness HISTORY OF GALA GAMES with me ❤️
$GALA
#GALACOIN #GalaGames #InvestmentFunds
First step to $0.4 📈
THEN
FINAL TARGET $1 ( TO THE MOON 🌑🌕) 💪
Witness HISTORY OF GALA GAMES with me ❤️
$GALA
#GALACOIN #GalaGames #InvestmentFunds
Twin Traders:
Everything is possible but of course it needs time
$GALA USDT Analysis
Market Outlook:
The $GALA USDT chart displays a bullish trend with a potential continuation upwards. The price recently broke above the resistance level of $0.03265, indicating a strong bullish momentum.
Entry Levels:
* Long Entry: Above $0.03342 (Current Price) with a stop loss at $0.02880 (24-hour low)
* Target: $0.03561 (24-hour high)
Short Entry: Below $0.02880 (24-hour low) with a stop loss at $0.03342 (Current Price)
* Target: $0.02626 (Depth level)
Leverage:
* Long: 1:2 Risk-Reward Ratio
* Short: 1:1.5 Risk-Reward Ratio
Note: Always use risk management techniques and adjust leverage according to your risk tolerance.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.
#GALA #GalaGames #Crypto #Trading #TechnicalAnalysis #BullishTrend
Market Outlook:
The $GALA USDT chart displays a bullish trend with a potential continuation upwards. The price recently broke above the resistance level of $0.03265, indicating a strong bullish momentum.
Entry Levels:
* Long Entry: Above $0.03342 (Current Price) with a stop loss at $0.02880 (24-hour low)
* Target: $0.03561 (24-hour high)
Short Entry: Below $0.02880 (24-hour low) with a stop loss at $0.03342 (Current Price)
* Target: $0.02626 (Depth level)
Leverage:
* Long: 1:2 Risk-Reward Ratio
* Short: 1:1.5 Risk-Reward Ratio
Note: Always use risk management techniques and adjust leverage according to your risk tolerance.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.
#GALA #GalaGames #Crypto #Trading #TechnicalAnalysis #BullishTrend
As long as price holds above that breakout area its all fine .
losing it will shows the weakness.
0.055 is important area to hold.
*Not financial advise*
#GalaGames #Gala #crypto2023
losing it will shows the weakness.
0.055 is important area to hold.
*Not financial advise*
#GalaGames #Gala #crypto2023
$GALA is breaking down after rejecting at resistance at $0.023.
Breakdown targets lie between $0.02054-$0.02103.On loosing this target then $0.01985 will be the next support to watch out for.
In case of a bounce on support we need to break above $0.023 for me to flip bullish.
#GalaGames
Breakdown targets lie between $0.02054-$0.02103.On loosing this target then $0.01985 will be the next support to watch out for.
In case of a bounce on support we need to break above $0.023 for me to flip bullish.
#GalaGames
$GALA is breaking down after hitting resistance at $0.04797, forming a double. $0.04421 is the neckline of that chart pattern.A break of $0.04421 will be confirmation of a breakdown move to $0.04034.$0.04355 also remains as support.
#GalaGames
#ETHETFsApproved
#BTC
#BnbAth
#GalaGames
#ETHETFsApproved
#BTC
#BnbAth
GALA Fundamental Strengths.
Despite the price struggles, GALA maintains a strong fundamental base, particularly in terms of security and community engagement. The Certik Skynet ranks its security as A-tier, and it has a robust community score of 93.43 out of 100, which highlights its active user base and growing number of token holders.
#GALA #GalaFundamentals #GALAarmy #GalaGames $GALA
Despite the price struggles, GALA maintains a strong fundamental base, particularly in terms of security and community engagement. The Certik Skynet ranks its security as A-tier, and it has a robust community score of 93.43 out of 100, which highlights its active user base and growing number of token holders.
#GALA #GalaFundamentals #GALAarmy #GalaGames $GALA
$GALA ⚪️
The #GALA bullish move from the bottom of Oct 2023 till the top of Mar 2024 seems to me like nothing but a corrective wave.
There’re multiple ways to count the next wave based on that but imo I expect any kind of an impulsive wave to target below $0.0059 (which would be a good buying opportunity).
The cancellation/ invalidation of the idea is crossing $0.0868
#GalaGames
The #GALA bullish move from the bottom of Oct 2023 till the top of Mar 2024 seems to me like nothing but a corrective wave.
There’re multiple ways to count the next wave based on that but imo I expect any kind of an impulsive wave to target below $0.0059 (which would be a good buying opportunity).
The cancellation/ invalidation of the idea is crossing $0.0868
#GalaGames
GALA Challenges and Opportunities.
GALA's price has been affected by a combination of market trends, including broader crypto market downturns and specific sell-offs within its ecosystem. However, the ongoing expansion of the Gala Games platform, including new game releases and strategic partnerships, could provide a boost if adoption increases.
#GALA #GalaFundamentals #GALAarmy #GalaGames $GALA
GALA's price has been affected by a combination of market trends, including broader crypto market downturns and specific sell-offs within its ecosystem. However, the ongoing expansion of the Gala Games platform, including new game releases and strategic partnerships, could provide a boost if adoption increases.
#GALA #GalaFundamentals #GALAarmy #GalaGames $GALA
Gala Games is implementing a dynamic technique to regulate the supply of its $GALA token, incorporating principles of cryptocurrency and Bitcoin's foundation principles to ensure platform longevity.
#GalaGames #GALA #GalaGamesUpdate
#GalaGames #GALA #GalaGamesUpdate
GALA Token…
Holders of the GALA token should be aware of several key factors that could impact the token's value and the broader Gala Games ecosystem, Holders should continue to monitor news and updates from Gala Games, participate in community discussions, and stay informed about broader market trends to make informed decisions regarding their GALA holdings.
#GalaFundamentals #GalaGames $GALA
Holders of the GALA token should be aware of several key factors that could impact the token's value and the broader Gala Games ecosystem, Holders should continue to monitor news and updates from Gala Games, participate in community discussions, and stay informed about broader market trends to make informed decisions regarding their GALA holdings.
#GalaFundamentals #GalaGames $GALA
Gala Games has recently rolled out several exciting updates across its ecosystem. Here are some of the key developments:
1. Project Cerberus : Gala Games has launched Version 1 of Project Cerberus for mobile platforms. This beta release introduces foundational systems like crafting, account advancement, and land merging. Though some features are still being tested, the development team is focused on refining these elements for a broader release soon.
2. GalaSwap Enhancements: GalaSwap, the decentralized token swapping platform within the GalaChain ecosystem, has received significant updates. Users can now send tokens directly to other GalaChain wallets, view their NFT inventory, and generate QR codes for easier transactions. Future updates are expected to include the ability to trade and transfer NFTs directly through the platform.
3. Superior's Early Access: The game "Superior" is now available in early access. Players can participate by obtaining a Prime character or an Early Access Pass, unlocking a roster of characters and unique gameplay experiences. The development of Superior continues with new powers and features being regularly added
These updates indicate Gala Games' ongoing commitment to expanding its blockchain gaming ecosystem and enhancing user experience.
#GalaGamesUpdate #GalaGames #TON $GALA $TON
1. Project Cerberus : Gala Games has launched Version 1 of Project Cerberus for mobile platforms. This beta release introduces foundational systems like crafting, account advancement, and land merging. Though some features are still being tested, the development team is focused on refining these elements for a broader release soon.
2. GalaSwap Enhancements: GalaSwap, the decentralized token swapping platform within the GalaChain ecosystem, has received significant updates. Users can now send tokens directly to other GalaChain wallets, view their NFT inventory, and generate QR codes for easier transactions. Future updates are expected to include the ability to trade and transfer NFTs directly through the platform.
3. Superior's Early Access: The game "Superior" is now available in early access. Players can participate by obtaining a Prime character or an Early Access Pass, unlocking a roster of characters and unique gameplay experiences. The development of Superior continues with new powers and features being regularly added
These updates indicate Gala Games' ongoing commitment to expanding its blockchain gaming ecosystem and enhancing user experience.
#GalaGamesUpdate #GalaGames #TON $GALA $TON
GALA Security Concerns…
Security of Assets: Holders should ensure they are using secure wallets and platforms when dealing with GALA tokens. Keeping tokens off exchanges when not trading and using hardware wallets for large holdings are recommended practices.
#GalaFundamentals #GalaGames #GalaGamesUpdate #GALA $GALA
Security of Assets: Holders should ensure they are using secure wallets and platforms when dealing with GALA tokens. Keeping tokens off exchanges when not trading and using hardware wallets for large holdings are recommended practices.
#GalaFundamentals #GalaGames #GalaGamesUpdate #GALA $GALA
Explore Gala price prediction and its chances of breaking above $1 in 2024 with in-depth technical analysis and current market sentiment.
$GALA #GALA #GalaGames
https://blockchainreporter.net/gala-price-prediction-will-gala-price-break-1-in-2024/
$GALA #GALA #GalaGames
https://blockchainreporter.net/gala-price-prediction-will-gala-price-break-1-in-2024/
Gala Games CEO Attributes $23M Exploit to Internal Control Failures
Gala Games CEO Eric Schiermeyer has confirmed that a "security incident" led to the unauthorized sale of 600 million GALA tokens, worth approximately $23 million. The breach, which Schiermeyer attributed to "messed up" internal controls, has raised significant concerns within the blockchain gaming community.
Incident Overview
On May 20, at 7:32 pm UTC, blockchain observers reported the minting of 5 billion GALA tokens, valued at around $200 million at the time. The compromised wallet was selling the tokens in batches, leading to a sharp drop in GALA's price. The token hit a 24-hour low of $0.038, a 20% decrease from its daily high, before recovering slightly to $0.041, according to CoinGecko.
“We had an incident that resulted in the unauthorized sale of 600 million GALA tokens and the effective burn of 4.4 billion tokens,” Schiermeyer wrote in a May 20 post on X (formerly Twitter). He admitted, “We messed up our internal controls. This shouldn’t have happened, and we are taking steps to ensure it doesn’t happen again.”
Response and Mitigation
Gala Games quickly identified the compromise and revoked unauthorized access to the GALA contract. Schiermeyer assured users that the Ethereum contract was secure and had not been compromised. The company believes it has identified the person responsible and is collaborating with the FBI, the U.S. Justice Department, and international authorities to address the incident.
In a follow-up post on X, Gala Games announced that the security breach had been contained and the affected wallet frozen. However, details about the perpetrator and the method of access to the GALA contract remain undisclosed.
Ongoing Legal Disputes
This security incident occurs amid ongoing legal battles between Schiermeyer and Gala Games co-founder Wright Thurston. Both have filed lawsuits against each other, with Thurston accusing Schiermeyer of squandering millions in company assets, while Schiermeyer alleges that Thurston stole $130 million worth of GALA tokens.
Gala Games did not respond to requests for additional comments.
The incident underscores the critical need for robust internal controls and security measures in the cryptocurrency and blockchain industries, as companies continue to navigate complex technological and legal landscapes.
$GALA #GALA #GalaGames #hack
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Incident Overview
On May 20, at 7:32 pm UTC, blockchain observers reported the minting of 5 billion GALA tokens, valued at around $200 million at the time. The compromised wallet was selling the tokens in batches, leading to a sharp drop in GALA's price. The token hit a 24-hour low of $0.038, a 20% decrease from its daily high, before recovering slightly to $0.041, according to CoinGecko.
“We had an incident that resulted in the unauthorized sale of 600 million GALA tokens and the effective burn of 4.4 billion tokens,” Schiermeyer wrote in a May 20 post on X (formerly Twitter). He admitted, “We messed up our internal controls. This shouldn’t have happened, and we are taking steps to ensure it doesn’t happen again.”
Response and Mitigation
Gala Games quickly identified the compromise and revoked unauthorized access to the GALA contract. Schiermeyer assured users that the Ethereum contract was secure and had not been compromised. The company believes it has identified the person responsible and is collaborating with the FBI, the U.S. Justice Department, and international authorities to address the incident.
In a follow-up post on X, Gala Games announced that the security breach had been contained and the affected wallet frozen. However, details about the perpetrator and the method of access to the GALA contract remain undisclosed.
Ongoing Legal Disputes
This security incident occurs amid ongoing legal battles between Schiermeyer and Gala Games co-founder Wright Thurston. Both have filed lawsuits against each other, with Thurston accusing Schiermeyer of squandering millions in company assets, while Schiermeyer alleges that Thurston stole $130 million worth of GALA tokens.
Gala Games did not respond to requests for additional comments.
The incident underscores the critical need for robust internal controls and security measures in the cryptocurrency and blockchain industries, as companies continue to navigate complex technological and legal landscapes.
$GALA #GALA #GalaGames #hack
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
🚨 #Gala Games hit by $23 million token exploit due to compromised internal controls. The breach highlights vulnerabilities within the company's security framework, leading to significant financial losses.
Blockchain analyst devops199fan first reported the incident, noting the sudden minting of a large volume of $GALA tokens. Following the notification, #GalaGames quickly mitigated further damage.
In response to the breach, Gala Games froze the compromised wallet, preventing the hacker from selling the remaining tokens. Gala Games identified and removed the unauthorized access to the GALA contract, assuring stakeholders that its Ethereum contract remains secure and uncompromised.
Gala Games is now working to strengthen its controls and prevent future incidents.
#Binancefeed #TrendingTopic
Blockchain analyst devops199fan first reported the incident, noting the sudden minting of a large volume of $GALA tokens. Following the notification, #GalaGames quickly mitigated further damage.
In response to the breach, Gala Games froze the compromised wallet, preventing the hacker from selling the remaining tokens. Gala Games identified and removed the unauthorized access to the GALA contract, assuring stakeholders that its Ethereum contract remains secure and uncompromised.
Gala Games is now working to strengthen its controls and prevent future incidents.
#Binancefeed #TrendingTopic
Gala Games and Entertainment is a Web3 digital media ecosystem that primarily focuses on video games compatible with blockchain technology. Games available or in development include fantasy role-playing game (RPG) adventures, multiplayer online battle arenas (MOBAs), town-building and development games, Player vs Player (PvP) tower defense, and epic sci-fi strategy games. The games offered can be accessed in multiple ways, including personal computers running Windows or iOS, and mobile games supported by the Apple App Store and Google Play. The integration of blockchain technology with the ecosystem enables players to own game assets as NFTs and for games to create individual economies centered around customized tokens. #GALAUSDT #GalaGames $GALA
Notable milestones in the project’s history include:
December 2020 - Gala Games integrated with external Ethereum wallets and removed Bitcoin wallet integrations for the time being.
January 2021 - The project team announced a partnership with Flare and Bitrue to integrate Gala into the Flare Network to alleviate transaction fees.
March 2021 - Gala Games partnered with Polygon.
October 2021 - Gala Games announced the development of GalaChain.
February 2022 - Gala Music launched.
May 2023 - The ERC-20 GALA token is upgraded from v1 to v2.
January 2024 - GalaChain and the native GALA token were launched.
Notable milestones in the project’s history include:
December 2020 - Gala Games integrated with external Ethereum wallets and removed Bitcoin wallet integrations for the time being.
January 2021 - The project team announced a partnership with Flare and Bitrue to integrate Gala into the Flare Network to alleviate transaction fees.
March 2021 - Gala Games partnered with Polygon.
October 2021 - Gala Games announced the development of GalaChain.
February 2022 - Gala Music launched.
May 2023 - The ERC-20 GALA token is upgraded from v1 to v2.
January 2024 - GalaChain and the native GALA token were launched.
$GALA continues to show weakness after hitting resistance at $0.04797, forming a double top which is a pattern that breaks to the lower side.A break below $0.04421 will be bearish having $0.04038 as the minimum targets.In case of a bounce watch for a break above $0.04798
#GalaGames
#BTC
#bitcoin
#ETHETFsApproved
#GalaGames
#BTC
#bitcoin
#ETHETFsApproved
Hello my dear friends,
🚀🚀🚀
MEME, There is more buying than selling on the 4-hour chart. I expect it to break through $0.033 for an uptrend. The upward trend continues.
🚀🚀🚀
$MEME
$GALA
#MemeCoinOfficialTeam
#BTC
#Blast
#GalaGames
#Onchain
🚀🚀🚀
MEME, There is more buying than selling on the 4-hour chart. I expect it to break through $0.033 for an uptrend. The upward trend continues.
🚀🚀🚀
$MEME
$GALA
#MemeCoinOfficialTeam
#BTC
#Blast
#GalaGames
#Onchain
$GALA is breaking out after a nice bounce from support at $0.02602 and is attempting a break of resistance at $0.02808. A break of $0.02808 will be mega bullish having $0.033 and $0.035 as the next targets since we don't have much is resistance.
In case of a rejection at $0.02606 watch for a breakdown move to support at $0.02606.
The worst case scenario for gala will play out if we lose support at $0.02606, where I will expect a breakdown move to $0.022.
#GalaGames
#BTC
#altcoins
In case of a rejection at $0.02606 watch for a breakdown move to support at $0.02606.
The worst case scenario for gala will play out if we lose support at $0.02606, where I will expect a breakdown move to $0.022.
#GalaGames
#BTC
#altcoins