đ„ Gala Games exploited for ~$240 million, token GALA plummets 15%!
Someone minted 5 billion GALA tokens worth over $236 million. The security incident involving the #gala token has been contained and the impacted wallet has been frozen. đș Market Maker DWF Labs: ...we have purchased 28 million #gala tokens on the open market. This aims to stabilise the token's value đș Later Jason Brink: ...it looks like the #gala exploiter has just returned the ETH they got from the hack!
So Gala Games has received nearly $23 million worth of ETH tokens from the hacker and then sold hundreds of millions worth of its native (GALA) token. The change of fortunes leaves Gala with an unexpected $23 million windfall in ETH tokens) đČ
Whew, that was a real blockbuster đ $GALA $ETH $BTC
đ§Ș Already up 17% so far on the week, $SOL is powering its way back to the all-time highs.
On the weekly chart, #sol also looks very strong. Having managed to power through the 0.618 fibonacci level, the price will need to hold above this, and perhaps test the 0.786 fibonacci, as early as next week.
Should all this positive price action come to fruition, the next targets would be the all-time high at $260, and then, once in price discovery, the 1.618 fibonacci at $413.
You trading or holding solana? â€ïž - trade đ„ - hold
According to the latest data gathered, the current price of Dogecoin is $$0.16, and $DOGE is presently ranked No. 8 in the entire crypto ecosystem. The circulation supply of Dogecoin is $23,704,132,508.46, with a market cap of 144,378,686,384 $DOGE .
$MEME coin is currently trading at $0.0272 after gaining 8.24% in the last 7 days. According to our price #prediction , the price of $MEME will rise by 48.79% in the next 7 days and reach $0.0403. The long-term forecast for $MEME coin is bullish, as our Meme coin price prediction estimates that the MEME price will reach $0.0725 1 year from now, which would represent a 167.26%
đ When the current Bitcoin bull cycle will end?
đ§Ș $BTC is in the middle of a bull cycle now. Its #market cap is growing faster than realized cap. This trend usually lasts about two years and would mean, that the ongoing bull run will end within the next 11 months or so.
If we maintain these metrics, the bull cycle will last ~until April #2025 . đȘ
#Memecoins have surged in popularity over the past few years. What started as lighthearted internet jokes have become serious investment opportunities.
Three top #memecoin contenders for 2024 are: đȘ $SHIB đ $PEPE đ„ $MEME
All three have shown immense potential and generate considerable noise in the market.