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Cryptopolitan 2021-09-14 14:21:00

GALA surge 265 percent after Binance listing

TL;DR Breakdown Gala surge to new ATH at $0.0013 after report of Binance listing.Gala to compete with successful play-to-earn games like Axie Infinity. GALA, the top trending altcoin, has continued to appeal to investors in the crypto community after spiking sporadically on Monday. Its Monday surge saw the altcoin hit a new All-Time High Price at $0.0013 after an over 200 percent surge. Although the altcoin surge came after report that it was listed on Binance, the coin remains prospective as Nonfungible tokens (NFTs), and play-to-earn gaming are one of the hottest trends in the crypto sector now. This is the new window for attracting users. Each niche’s unique character allows participants to generate wealth instead of spending money to become a part of the community. Gala games enable blockchain-gaming-focused projects, which allows users able to utilize their NFT characters in gameplay. These features made it easy for the altcoin to make significant gains after being listed on Binance exchange. According to data from CoinGecko, GALA moved from a low of $0.021 on Sept. 12 to an intraday high at $0.077 on Sept. 13 as its 24-hour trading volume skyrocketed, a 270 percent surge. Looking closely at when the rally movement began, it was after Binance tweeted that it would list GALA. The surge indicates rapid price movements as the coin has come to stay in the exchange market. #Binance Will List @GoGalaGames $GALA https://t...

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