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Top-100 crypto Gala has seen a notable rise over the past 24 hours, up 6.9%. The uptick puts Gala as one of the market’s top performers, an indication of broader potential, especially considering its significant downfall from its 2021 ATH.
Meanwhile, Meme Kombat also displays bullish potential as its presale surges past $7.3 million.
Gala Pumps as Team Appear on Binance Live
The recent Gala pump occurred after its team emerged on a Binance Live interview with Block Tides. Unfortunately, the interview has no transcript or replayable version, so what was said remains unknown.
Nevertheless, the interview has positively impacted listeners, with Gala climbing from $0.02 before the interview to $0.022 now.
While the interview’s context remains unknown, it shows that the Gala team is still proactive despite a long-term struggle since its November 2021 ATH.
GALA is down a whopping 97% since then while also being down 12.93% this week, 33.1% this month, and 56.24% this year. Meanwhile, many other top 100 cryptos have made notable gains this year, breaking their bear market ranges and edging toward their 2021 highs.
This illustrates a lack of confidence in Gala, but its recent outperformance relative to other projects offers a glimmer of optimism.
In response to its recent increase, CoinMarketCap analyst Decilizer explained that Gala “Took a strong support at $0.02, and now it feels like $0.05 is like a magnet.”
The analyst then references the Gala price chart, showing a strong rejection at the $0.02 support, with the candle forming a long wick on the bottom, indicating strong buyer momentum.
Meanwhile, prominent trader CryptoBullet recently offered a “macro” forecast for Gala.
The analyst writes, “In October-December, GALA showed a decent rally (+180%) but got stuck at the Resistance line 2. I think in the mid-term, it will be broken.”
According to CryptoBullet, Gala could be headed for $0.32 or even $0.71 long-term. These targets represent previous structural levels from its last bull market.
However, without breaking the trend line resistance, traders must remain aware of the notable risk that Gala presents.
With this in mind, one potential alternative showing immense potential is Meme Kombat, a Play-to-Earn staking coin currently undergoing a presale.
Trending P2E Presale Meme Kombat Raises $7.3M
Meme Kombat is a newly launched crypto currently undergoing a presale. It has already amassed significant velocity, raising over $7.3 million so far.
The project has also been featured in countless top media outlets like Cointelegraph, BeInCrypto, and Crypto News, illustrating its hype and ability to garner attention from leading industry players.
Meme Kombat is a GambleFi P2E meme coin, tapping into several promising narratives to capture a vast audience.
It boasts an immersive battle arena, enabling users to watch and bet on AI-generated fights between meme coin characters. The game harnesses traditional odds mechanics, making the gambling experience fair, realistic, and engaging.
Its gamified spin on crypto gambling provides a fresh look, potentially drawing newcomers and offering a more fun alternative to existing crypto gambling protocols.
Users will gamble with the $MK token, providing a steady demand stream to bolster its long-term potential. Meanwhile, its meme coin allure and integration of multiple characters look to amass early excitement, translating to an explosive exchange launch.
The project also features a staking mechanism offering a 127% APY. However, this will decrease as the staking pool grows, incentivizing market participants to get in early.
Visit Meme Kombat Presale
Source: https://finbold.com/gala-among-top-crypto-gainers-today-as-new-p2e-token-also-surges/