Gala Games Deletes Hollywood Partnership Tweet, GALA Token Drops 11%
• GALA token price has dropped 11% after Gala Games deleted a tweet announcing their partnership with Hollywood stars.
• The original tweet caused GALA to rise 70%, reaching its highest price since September 2022.
• There is speculation that the announcement may not have been genuine and Twitter handles have been created questioning the post.
Gala Games has recently been in the spotlight after the parent company deleted a tweet announcing a partnership with a trio of Hollywood stars. The deleted tweet, which was posted on Monday, stated that Gala Games was working with Dwayne “The Rock” Johnson, Mark Wahlberg, and Johnson. Following the announcement, the price of the GALA token shot up by more than 70%, reaching its highest price since September 2022.
The post caused much excitement in the cryptocurrency space, however, the excitement was short-lived as the post was shortly deleted by Gala Games with no explanation. The sudden deletion of the tweet has caused GALA to drop by more than 11% at the time of writing, with speculation that the announcement may not have been genuine. As a result, several Twitter handles have been created with users questioning the post and urging the company to provide an explanation for its actions.
Gala Games is a game development platform that focuses on building blockchain-based games. The platform is built on the Metaverse blockchain and is aimed at enabling users to play, earn, build, and connect with each other. The platform recently launched a presale for its new token, MCADE, which is designed to power the platform’s games and reward players for their in-game achievements.
The sudden deletion of the tweet announcing the partnership with Hollywood stars has been a blow to the platform, which had seen its GALA token surge due to the announcement. While the company has yet to provide an explanation for the deleted post, many in the cryptocurrency space are hoping that this is just a minor setback and that the project will continue to move forward.