The past days saw a new awakening for cryptocurrencies thanks to the strong uprising of Bitcoin, which rose strongly and succeeded in surpassing important resistance levels that it has long failed to overcome.
In the footsteps of Bitcoin, the alternative currencies entered a strong wave of rises as well, the most prominent of which came from the share of the famous Mim currency, the Sheba Inu, and the Ripple currency, however.
However, far from the hustle of Sheba and Ripple’s rallies and the long-awaited success of Bitcoin, a promising Metaverse coin (NASDAQ:FB) has come out ahead of everyone else with sharp increases close to 100% over the past few days.
The Gala coin succeeded in recording a resounding rise during the past 7 trading days, surpassing all unicorns whose value exceeds one billion dollars.
JALA’s week-long rallies have outpaced Shiba Inu, ripple and even other memes such as Fluke Inu and Elon Mars to outsmart everyone in the crypto market.
Jala rose within a week by 95%, reaching levels of $0.359, while it jumped by 17% within thirty days and by 315 percent within 90 days.
The Gala token is ranked 51st among digital currencies in terms of market capitalization, with a value of about 2.513 billion dollars, but it is declining by 22% from the beginning of the year.
Gala is trading during these moments with a decline of less than 1%, but it is still far from its historical peak on November 28, 2021 when it jumped to an all-time high at $0.7 levels.
The symbol JALA rose from the lowest price on February 3 at $0.179 until today at 0.3718 levels by more than 108%, and in return, JALA has jumped by more than 12700% since February 2021, when it was trading at $0.0029 levels.
The Rise of Code Gala helped launch several games that ignited the world of metaphysics such as Spidertanks and Legends Reborn.
These new launches have boosted the token’s user base, as it now hosts more than 120,000 users.
Walt Investor, a cryptocurrency analyst under the pseudonym, sees Gala as a great buy, and expects Gala to reach levels within a year of 79.2 cents per token for over 100% growth while Walt predicts a five-year price target of $2.66, which is an increase of 2%. 717% over its present value.
In contrast, Gough Capital forecast, within a year, Gala will reach levels of $1.12 and a five-year forecast of $9.22 per token.
Among the other coins that have been performing well during the past sessions, is the KDA coin, which is rising during these moments by more than 10%, reaching levels near $10.
While it rises by 80% within a week and has a market capitalization of $1.6 billion, it is ranked 65th among cryptocurrencies in terms of market capitalization.
The Shiba Inu currency came to record a new awakening, with highs approaching 60% within a week, while it is now rising in the range of 5%, reaching levels of 0.00003276 dollars.
Shiba Inu is ranked 13th among cryptocurrencies in terms of market capitalization after surpassing Binance USD, Polygonmatic and Krito.com, and its market capitalization has jumped to $18 billion.
Ripple regained some of its lost luster through strong rises that approached 50% within a week, while rising during these moments within 3%, reaching levels of $0.876.
Ripple succeeded in erasing its losses since the beginning of the year, rising by about 3%, while its market value jumped to nearly $42 billion, ranking sixth among digital currencies in terms of market capitalization.
Returning to the other MEM currencies, the fluke ino rose around 55% in a week while it is now declining around 6% down to $0.000051 levels.
On the other hand, the Doge Elon Mars coin rose by about 40%, while it is now rising by about 3%, reaching levels of $0.0000011, with a market value of $612 million.
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