Gala Games (GALA) coin price jumps 19%: is it time to buy?

Gala Games Logo

While the market has been trading sideways over the past few weeks, several metaverse coins have seen significant price gains with GALA gaining 19.20% in the last 24 hours as others like Bitcoin (BTC) and Ethereum (ETH) see a single-digit percentage price gain.

At the time of writing, it was trading at $0.338844 with a daily high of $0.3415 and a daily low of $0.2811.

It has a trading volume of $1,651,491,576 up over 81% in the last 24 hours, a market cap of $2,364,184,488 and a circulating supply of 6,977,205,436 GALA coins.

Now let’s see what the surge is all about.

Gala Games’ Galaverse

In a nutshell, Gala is a blockchain gaming studio that gives players control over their games.

Today the gaming studio made a big stride after announcing the dates of their upcoming Galaverse launch, a 3-day event that will be held between 7th and 8th June in Copenhagen, Denmark.

The official blog stated:

‘’It was clear that the Galaverse is much much larger than anyone event, no matter how epic. With memories of -into the galaverse still fresh in our minds, we’ve set out to plan the first of this year’s events! That’s right — the FIRST!’’

In their last event held in mid-December 2021 in Las Vegas, the Gala Games team presented an immersive world-class experience as well as announced its upcoming projects like the walking Dead, Legacy, Empires, and Last Expedition.

In their blog post, Gala Games clarified that participants will only be required to purchase a single ticket for the whole event. The available tickets will be 800 only which will cost $8,000 for the singles and $14,000 for the couples.

This is their second biggest announcement this month as the earlier reports from CoinGape confirmed their plan where was to invest $5 billion in the expansion of its NFT ecosystem next year.

According to the report, the fund will be allocated as follows; $2billion into the game development, $1billion to the music studio project and the remaining $2 billion will go to Gala theme park NFTs and movies each receiving $1 billion.

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Dopex (DPX) Price added a quarter to its value: Where can you buy it?

Dopex (DPX) represented by a globe & crypto coins

Dopex (DBX) is a decentralized options protocol that targets liquidity maximization while minimizing losses for option writers and maximizing gains for buyers. It has added 25% to its value today.

Look no farther than this guide for all the details: what it is, should you buy it now, and the top places to buy it.

Top places to buy Dopex now

As DPX is such a new asset, it’s yet to be listed on major exchanges. You can still purchase DPX using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy DPX right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for DPX

Now that you’re connected, you’ll be able to swap for 100s of coins including DPX.

What is Dopex?

This easy-to-use platform makes it possible for anyone to participate in an option pool. Users can deposit base/quote for their respective pools, earn passive income by writing, and purchase discounted options through liquidity pools.

Option writers benefit from a rebate system for losses based on the exercised options for every monthly or weekly series. Rebates are calculated based on percentage losses incurred by options writers during a weekly series and then paid in the protocol’s rebate token rDPX.

Option pool participants receive a percentage of rPDX relative to their value of losses. Using this rebate system, options writers benefit from a higher return than they would have from hedging strategies.

Should I buy it today?

Dopex shows promise, but it’s a relatively new asset. Exercise caution and study the market before making a commitment.

DPX price prediction

According to Tech News Leader, Dopex will go from its current price of $1,941 to $3,288 in 1 year. It will trade for $10,182 in 5 and for $69,214 in 10 years.

Dopex on social media

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Ethereum (ETH) gained 7% in 24 hours: here’s where to buy it

Ethereum (ETH) coin with 2 stacks of coins either side of it

Ethereum (ETH) has had a series of struggles, the second biggest crypto by market cap is finally starting to register gains. Look no further than this quick guide to get the details about Ethereum and the best places to buy it today.

Top places to buy Ethereum now

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Buy ETH with eToro today

Alvexo

Alvexo is an established broker that stands out for its education and service-oriented focus. Alvexo services excel in delivering a comprehensive array of market news, webinars, analysis to fortify our clients‘ need to take intelligent trading decisions on the world’s most dynamic financial markets.

Buy ETH with Alvexo today

What is Ethereum?

It is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.

Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud.

The crypto has pioneered the concept of a blockchain smart contract platform. Smart contracts are computer programs that automatically execute the actions necessary to fulfill an agreement between several parties on the internet.

They were designed to reduce the need for trusted intermediates between contractors, thus reducing transaction costs while also increasing transaction reliability.

Should I buy it today?

Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also consider how you would feel about losing money.

ETH price prediction

The vast majority of analysts predict a long-term increase. Digital Coin Price predicts Ethereum will break $4,000 by the end of 2025.

Economy Watch is more bullish, predicting Ethereum will reach $10,000 by the end of 2025. Finally, Trading Education forecasts an ATH beyond $10,000 by the end of 2025.

Ethereum on social media

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Hedera token HBAR is skyrocketing, up 17% today: here’s where to buy HBAR

The live Hedera price today is $0.26 with a 24-hour trading volume of $180.4 million. HBAR is up 16.87% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy HBAR, this guide is for you.

Top places to buy HBAR now

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Buy HBAR with eToro today

Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

Buy HBAR with Binance today

What is HBAR?

HBAR is the token of Hedera, a sustainable, enterprise-grade public network for the decentralized economy that allows individuals and businesses to create powerful decentralized applications (DApps).

It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face, such as slow performance and instability.

The HBAR token has a dual role within the Hedera public network. It powers Hedera services, such as smart contracts, file storage and regular transactions. It’s also used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform.

Should I buy HBAR today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

HBAR price prediction

According to the website Up to Brain, the price of the coin can pass $5.36 by the end of 2023. It will trade for around $6.35 in 2024 and $7.06 in 2025.

HBAR on social media

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The best cryptocurrencies to buy for easy passive income

There are many ways to make money in the crypto market. But most of these ways require that you are an active investor, looking at charts daily and making moves. But it is also possible to make passive income in crypto, and here is how:

  • You can stake certain crypto assets and earn a return annually of somewhere between 10 and 25%.

  • You will also find chances to fund new projects in crypto and earn some early investor rewards.

  • NFTs, which are fairly recent, also give you the chance to earn some passive income wherever you are.

Well, if you have been looking for ways to earn some additional money with crypto, the following coins are perfect:

Compound Finance (COMP)

One of the easiest ways to earn passive income in crypto is to lend your digital assets for a small interest. Now, this can feel like a very complex process. But do not worry. Compound (COMP) is here to make sure you have an easy time. 

Data Source: Tradingview 

The platform simply gives you the tools you need to spread out your capital and earn decent interest on it. In fact, as of now, there is over $11 billion worth of capital already invested.

Celsius Network (CEL)

The Celsius Network (CEL) is one of the best coins for staking. Proof of stake blockchains are now very common, and owners of crypto assets can earn rewards by verifying blockchain transactions. This is called staking and with Celsius, you can actually earn returns of up to 20% every year.

SwissBorg (CHSB)

Based in Switzerland, SwissBorg (CHSB) hopes to democratise wealth management and make it more community-driven. The platform also offers a great chance for investors to earn yields through its native token. In fact, you can earn as high as 20% in yields from your staked assets. You also earn 2x more if you stake the CHSB.

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