The GALA coin seems like a scam. The total supply is extremely high, and it only works with Founder Nodes. To become a Founder Node, you need to own 2 million GALA coins, which is equivalent to $100,000. Who would buy a mining program for that amount just to receive a daily reward of 700 GALA?
It seems like investing in GALA might not be a wise choice, given the high cost to become a Founder Node and the low returns. It appears to be more of a risky investment with uncertain rewards.
What do you think, can it still reach $1 after all this? And is there anyone sane who would buy a mining program for $100,000  just to receive a daily reward of around 700 GALA?
Personally, I am an investor in Gala, but after doing some research, I started to have doubts, especially after my loss in LunaC. I now question every cryptocurrency that has a large number of tokens.

$FLOKI поднимется после раздачи обезъяныкак и APE поднялся.

I need my money to be back as soon as possible, patience is killing me silently and I can't endure this sh*t anymore. I haven't gotten any Christmas gifts for my ma'am, and that is first thing I need to do before it gets to Christmas day.
Please, I am begging apology to all the tokens that am holding to return my money and I will never come close to you again. 🙏🙏😭

Whale's Tail: What if Trillions Market Cap holders Whale sell-off at same time?😱🫣

You're absolutely right. A simultaneous sell-off by major cryptocurrency holders, often referred to as "whales," could indeed trigger a significant market downturn. This sudden influx of sell orders could overwhelm the market's liquidity, leading to a sharp price decline.🔥

Here's a breakdown of the potential consequences:

🚧Market Crash: A massive sell-off could lead to a market crash, causing widespread panic and fear among investors.
Loss of Confidence: Such an event could erode investor confidence in the cryptocurrency market, leading to decreased investment and reduced market activity.
🛑Regulatory Scrutiny: Governments and regulatory bodies might increase scrutiny of the cryptocurrency market, potentially leading to stricter regulations.
Long-Term Recovery: It could take a significant amount of time for the market to recover from such a severe downturn.
However, it's important to note that while a coordinated sell-off by whales is a potential risk, it's unlikely to happen. Whales often have long-term investment strategies and may not sell all their holdings at once. Additionally, the cryptocurrency market has become increasingly diversified and resilient, with a growing number of investors and projects.
While it's essential to be aware of the risks associated with cryptocurrency investments, it's equally important to maintain a balanced perspective and avoid panic-selling. By staying informed and making informed decisions, investors can mitigate the impact of potential market volatility.

What the hell is happening in the market ??
Liquidations are getting triggered .More and more ..It keeps declining deeper and deeper causing serious turbulence ..

Is this the end of the Bull cycle or just an intense correction before mammoth redemption ???

Kindly put your thoughts in the comment section regarding this on-going bearish bloodshed ..