Gala Games (GALA) recently took a hit in its value when one of the co-founders began a lawsuit against each other. But while investors and traders wait for its future outlook, Floki (FLOKI) and Kangamoon (KANG) have been accumulated by meme coin enthusiasts. Today, we will give into why this has been the case.
Summary
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Gala Games (GALA) posted an official blog post about their recent dispute. Specifically, they provided an official statement from the General Counsel on the current legal disputes between the Co-Founders of Gala Games, Gala Film, and Gala Music.
The Co-Founder and CEO, Eric Schiermeyer, filed a lawsuit against Co-Founder Wright Thurston and True North United Investments, LLC.This initially worried some investors, which is evident as, in the past 30 days, the Gala Games price dipped by 37.5%. During the past week, the Gala Games cryptocurrency traded between $0.01378845 and $0.01624704.
It must break past the $0.017 price barrier to reach new heights. Despite the lawsuit, analysts are bullish on the future of the crypto. According to the Gala Games price prediction, it can reach $0.027 by the end of the year.
The Floki (FLOKI) team announced a major update, revealing how the best clans can be featured in the Valhalla trailer. As a result, this sparked a major movement in the Floki community. In addition, the Floki crypto also got listed on the Binance innovation zone, helping the crypto peak in interest.
However, despite the solid growth in early 2023, the Floki crypto seems to be on a downward slide and has broken down through multiple demand thresholds. However, it can soon recover, as based on the weekly chart, it traded between $0.00001545 and $0.00001943.
According to the Floki price prediction, it can reach a maximum point of value $0.00002778 by the end of the year.
Kangamoon is a next-generation meme coin that will build a community of meme enthusiasts and will integrate P2E elements that players can monetize through. They each take on the role of a Kangamoon playable character, representing a kangaroo that loves to box.
Players can then build the character up, complete quests, and unlock abilities. They can then engage in tournaments and compete in fights. The more they win, the more rewards they get. Players can then sell any of these rewards on the secondary marketplace.
The native cryptocurrency is now at the early presale stage and has a starting price of $0.005 with a total supply of 1 billion tokens. Moreover, the project’s smart contract is audited by SOLIDProof and Cyberscope.
Kangamoon is an upcoming project that will become a dominant force in the global P2E NFT Games market. In 2022, the size of the market was at $3292.73 million and is expected to expand at a CAGR of 17.93% during the forecast period, which means that it will reach $8856.95 million by 2028, based on data from Yahoo Finance.
As a result, Kangamoon is in a position for massive growth, and analysts project that KANG could increase 22x by completing the presale.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Our Telegram Community: https://t.me/Kangamoonofficial
Join Our Twitter Community: https://twitter.com/Kangamoon_P2E
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