It’s no secret that the Gamefi project, Gala Games (GALA) is trudging through murky waters, ever since the fallout of a significant legal dispute arising between co-founders Eric Schiermeyer and Wright Thurston. Coming amid allegations of theft equating to $130 million in GALA tokens by Thurston, and counterclaims that Schiermeyer utilized GALA funds for personal use, the fate of the project hangs in the balance. In light of these disputes, the question on everyone’s mind is: ‘Is GALA going to zero?’
As GALA struggles, investing enthusiasts still perceive a glimmer of hope on the horizon – Peter Molyneux, a top game developer has unveiled plans to launch a fresh GameFi business simulator in partnership with Gala Games. The blockchain-based `Legacy` rollout scheduled for October 26 may serve as the much-needed lifeline for the embattled project.
GALA’s market price, currently at $0.014, denotes a minor recovery following a value surge of almost a month. The technical structure of Gala Games exhibits intriguing prospects with a climb potentially bolstering support at $0.02 and concomitant downside risk descending back to $0.012. Interestingly, while these price dynamics are at play, a significant tide is brewing within the crypto community.
Meet Meme Kombat, a pioneering platform that incorporates the allure of nostalgic gaming together with GambleFi into a decentralized Web3 platform. Supported by well-established project lead Matt Whiteman, Meme Kombat presents a trustworthy approach to crypto gaming. Its commitment to transparency comes to light with its intent to make findings of its impending security audit public.
Meme Kombat’s tokenomics and rewarding ecosystem further enhance its appeal for potential investors. Stake the Meme Kombat (MK) token, valued at an affordable $1.667, and immerse yourself in an ecosystem offering a rich yearly yield of 112%. The dual functionality of earning while gaming coined by Meme Kombat could become a paradigm in GameFi. Also, your engagement on the platform directly influences the returns, giving a whole new spin to participative gaming.
Combined with the thrill of AI-driven games, Meme Kombat offers the benefits of both transparent and unpredictable outcomes – every battle on this platform promises a unique experience for players. It’s ushering in the future of meme-based gaming and betting, offering a fresh approach to the crypto community.
While Gamefi enthusiasts are stirred up by the unforeseen legal tussle that may affect their potential +37.65% gain in GALA, it’s the smart money relocating to a burgeoning meme coin project. Who will emerge victorious in this high-stakes game? Only time can tell. Stay tuned.
Source: Cryptonews
