The crypto bear market has been merciless in its approach, sinking the prices of various crypto assets. One of these assets that’s facing a huge decline is GALA, the native token of Gala games.
Investors of GALA have been under immense selling pressure since the beginning of Q4. This comes as no surprise since charts and metrics show that GALA’s current price is 72% down from 2023 Q1 opening price.
While this is happening, Anarchy is busy shining its light across the crypto space. Are we finally at the end of this long overdue bear market? To answer this, let’s take a look at what Anarchy (ANA) is bringing into space and what’s going on with GALA.
GALA Price Continues in Downtrend
Gala Games is a game-changer in the gaming world. It’s developed by two of the industry-leading game developers who decided to do things differently. Instead of forcing players to keep spending on their favorite games, Gala Games is building a massive platform filled with top-notch games, many of which are free to play. Their goal? To give players more freedom, control, and rewards.
Now, let’s talk about GALA, the utility token powering Gala Games. With GALA, you can purchase NFTs, GALA serves as incentives for Founder’s Node operators, and it’s also the token that covers network fees on Gala’s blockchain.
GALA’s price reached an all-time-high of $0.837 when the project began gaining traction. A lot has happened since then and the current price of GALA is $0.016, that marked a 98% decline from peak. What could be responsible for this? Bear market? Yes, that’s one. Lack of regular updates? Yes, that’s another. Lawsuits? Yes, this is the deal breaker. You might be wondering who’s getting sued. Well it’s CEO against the Co-founder and Co-founder against the CEO.
The CEO and the co-founder of Gala Games, Wright Thurston and Eric Schiermeyer, have engaged in lawsuits against each other. Schiermeyer claims that Thurston and his firm, True North United Investments, stole over $130 million worth of GALA tokens in 2021. Thurston counters by accusing Schiermeyer of causing Gala Games to squander millions in company assets and lending company funds to himself for personal use.
Investors are left in limbo regarding this issue as they’re now pondering on where to go from here. While this is ongoing, Anarchy (ANA) has been gathering momentum with investors flocking in for the potential 50x ROI in 2023.
Something huge is coming.
If you see this
Then your early! pic.twitter.com/HssZ4ywwrJ
— ANARCHY (@anarchycoineth) June 10, 2023
Anarchy (ANA): Away From GALA and Into a Revolution
Anarchy (ANA) is a community-driven project that combines the force of memes and humor to fight against corrupt governance and advocate for positive change in a way that’s relatable and entertaining.
At the core of Anarchy lies its engaged community of ANA holders. They share a common mission – to hold those in power accountable.
That’s not everything, Anarchy believes good governance is a possibility and is ready to demonstrate it. By placing the decision making process at the hands of people, Anarchy aims to create a democratic society where people are empowered and protected.
Anarchy introduced the concept of a community wallet which is funded by 4.5% of the fees collected from every ANA sale and transfer. What makes this special? Well, it’s the community that will decide on how the funds are used. This level of transparency and community involvement is the game changer.
Moreover, Anarchy iced this by burning 0.5% of ANA fees from each sale and transfer. This not only reduces ANA supply but also contributes to the potential for price appreciation, which is a nice thing for investors.
Anarchy’s vision has piqued investors’ interest and they’re not hiding it as ANA presale keeps breaking and setting new records in crypto space. Check below for more.
ANA Presale: The way to 50x Profit
Making 50x in 2023 begins with investing in ANA Presale.
ANA presale is currently in its fourth phase with ANA available for just $0.00030. This is the lowest possible amount you can buy ANA before exchange listing. When the listing happens, we’ll take a trip to the moon.
Click the links below to find out more!
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