Gala (GALA) has demonstrated a notable level of stability in light of various advancements within its ecosystem and the broader cryptocurrency market. Meanwhile, Binance, the largest global cryptocurrency exchange, and its utility token, BNB, are embroiled in a seemingly unending regulatory conflict.
Meanwhile, VC Spectra (SPCT) emerged as a noteworthy participant, generating a remarkable 37.5% surge, offering investors returns that surpass those of Gala (GALA) and Binance Coin (BNB).
>>BUY SPCT TOKENS NOW<<
Gala Games Takes Steps to Boost The GALA Token Value
On August 8, 2023, the price of GALA, the native token of Gala Games, was $0.02331. The price decreased by 2.7% from its 24-hour high of $0.02395 and 3% from its 7-day high of $0.02406. GALA’s trading volume decreased by 16.42% in 24 hours, totaling over $77 million.
Despite a 24-hour price decline, GALA’s recent movements have been noteworthy, indicating increasing appeal among investors. The price spike coincided with the August 4 disclosure of the GALA token’s vast utility on the Gala Chain. Jason Brink, President of Blockchain at Gala Games, confirmed that GALA would serve as the gas token for all transactions on Gala Chain.
Furthermore, Gala Games also announced its partnership with Elixir Games, on August 2, 2023. These incidents would enhance Gala Games’ utility and positively impact the price of GALA.
Analysts forecast the GALA price to range between $0.038 and $0.042, with a maximum potential of $0.042.
Exchange Troubles Could Affect The BNB Price
Binance Coin (BNB) started the month of August 2023 with a high of $247, but the price fell to $236 the following day. On August 8, 2023, Binance Coin price has since recovered to sell at $244. It has a slight 24-hour increase but is still down from its 7-day high of $247. Binance Coin’s (BNB) trading volume has also improved by over 8% in 24 hours.
Binance has been under extensive scrutiny lately due to allegations of manipulative activities to boost its BNB price. Moreover, DoJ is contemplating filing criminal fraud charges against Binance, and there is concern that doing so could trigger a run on the exchange.
Despite already facing lawsuits from the SEC and CFTC, criminal charges against Binance would negatively impact Binance Coin’s (BNB) price. Market experts predict the start of a downward trend, which suggests an imminent fall in the BNB price.
VC Spectra (SPCT): Most Promising Fintech Project on the Market
VC Spectra (SPCT) is a decentralized hedge fund that leverages innovation and meticulous screening to curate investments in promising blockchain and technological ventures.
By investing in VC Spectra (SPCT), users gain access to early-stage startups and pre-ICOs. Furthermore, VC Spectra investors get attractive buyback options and quarterly dividends from the investment gains.
VC Spectra native token SPCT adheres to the BRC-20 standard, running efficiently on the Bitcoin blockchain. SPCT employs a deflationary framework, progressively reducing its token supply through controlled burning. Furthermore, VC Spectra (SPCT) token facilitates seamless asset management, exchange operations, and decentralized trading.
Currently trading at $0.011 in Stage 2 of its public presale, VC Spectra (SPCT) has already recorded a remarkable 37.5% profit from its initial value of $0.008. As Stage 2 wraps up, Stage 3 will be even more successful, bringing in 127.27% gains at a price of $0.025.
Those who can invest now will gain 627% ROI once the token reaches its target price of $0.08. Moreover, VC Spectra (SPCT) investors can benefit from the 25% bonus program currently ongoing in Stage 2 of the public presale.
Learn more about the VC Spectra presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io/
Twitter: https://twitter.com/spectravcfund
Telegram: https://t.me/VCSpectra
