GALA price falls after Gala Games deletes Hollywood star partnership tweet

  • At the time of writing, GALA token had dropped by more than 11%.
  • Gala Games is under fire after secretly deleting a tweet announcing their partnership with Hollywood stars.
  • This comes after GALA shot up by more than 70%to above $0.051.

Metaverse cryptocurrency GALA price has dropped considerably in the past few hours after the parent firm Gala Games deleted a tweet announcing its partnership with several Hollywood stars including The Rock.  What has irked most crypto followers is that Gala Games deleted the tweet without offering any explanation.

The tweet that Gala Games had posted on Monday stating that it was working with Dwayne “The Rock”, Mark Wahlberg, and Johnson pushed the price of GALA up by more than 70%, the highest price the token has reached since September 2022.

The tweet stated that the game development platform was “developing two films with the Rock (aka Dwayne Johnson) and Mark Wahlberg! Two absolutely huge forces in the entertainment industry. You’ve seen their work on screen, but I think their presence might be even more powerful off the screen and we are so happy to get the chance to work with them.”

Gala Game’s silence after deleting post

Several Twitter handles have been created questioning how genuine the announcement was.  

Nevertheless, despite today’s pullback, GALA still remains the top mover for the month among the gaming tokens. GALA has gained about 130% while The Sandbox’s SAND token has only surged by 30%, and Decentraland’s MANA has risen by 22%.

All Dutch and English crypto news!

John Deaton files amicus brief in support of Coinbase appeal against SEC

The lawyer said he had filed a brief on behalf of 4,701 Coinbase customers for no charge as part of his advocacy work in the...

EU DeFi regulations set to welcome big banks, challenge crypto natives

New rules under the MiCA framework may encourage big banks to enter the DeFi space, potentially complicating compliance for native crypto projects. News Own this piece of...

Biden’s Homeland Security team taps tech elite for AI defense board

The board includes the CEOs of Adobe, Alphabet, Anthropic, AMD, AWS, IBM, Microsoft, and Nvidia, as well as other business, civil rights, and academic leaders. News Own...

Bitcoin price holds steady amid spot BTC ETF outflows and uptick in unfriendly regulation

Bitcoin price holds above $63,000 even as regulatory enforcement ramps up and spot BTC ETF outflows raise concern. Market Analysis Own this piece of crypto history Collect this...

Beste exchanges

Koop je crypto bij Bitvavo