Gala Price Soars Over 180% in 30 Days, Eyes $0.10

• Gala price is among the best-performing play-to-earn (P2E) blockchain tokens in 2023, with gains exceeding 180% in 30 days.
• The rally was initially ignited by the partnership between Gala Games and Dwayne Johnson (The Rock) earlier this month, pushing the token above $0.04.
• A daily close above the 200-day Exponential Moving Average (EMA) is required to ensure the continuation of the uptrend, first to $0.07 and then stretch the bullish leg above $0.10.

Recently, the crypto space has seen a surge in attention towards play-to-earn (P2E) blockchain tokens. This is due to the rise of new platforms like Meta Masters Guild (MEMAG) and Calvaria (RIA), as gamers search for blockchain games they actually enjoy spending time playing. Among the best-performing P2E tokens is Gala price, which has seen an impressive gain of over 180% in the last 30 days.

The surge in Gala price began earlier this month when the token formed a partnership with Dwayne Johnson (The Rock). This news caused an immediate surge in price as the token jumped above $0.04. Since then, the token has continued to show strength as it has tagged a new 2023 high of $0.0566. At the time of writing, Gala price is trading at $0.0527.

To ensure the continuation of this uptrend, a daily close above the 200-day Exponential Moving Average (EMA) is required. This is currently being held at $0.05236, so a break above this level could push the price to $0.07 and beyond. If the bulls are successful, the next target could be as high as $0.10.

Overall, it remains to be seen if the bullish momentum in the crypto space will continue to lift Gala price. With the right conditions, this token could continue to see further gains.

Earn Rewards for Working Out with FightOut and FGHT!

• Crypto Gains reviewed the new M2E platform FightOut and its native token FGHT.
• FightOut is a Move-to-Earn platform that rewards customers for working out.
• FightOut is one of the most promising presale cryptos set to launch in 2023.

Crypto Gains recently reviewed the upcoming M2E platform FightOut and its native token FGHT. The platform is focused on creating a high-end gym and workout app that rewards customers for completing exercises. This is part of a larger trend known as “Move-to-Earn”, in which users are incentivized to stay active by earning rewards for their efforts.

FightOut allows users to tailor their fitness routine to their own needs and abilities, with their successes and improvements automatically reflected in their virtual avatar. This allows users to feel a sense of accomplishment and recognition for their efforts, as they can see their virtual avatar improving. This is an important aspect of staying motivated to work out, as it gives users an additional incentive to strive for progress.

In addition to this, FightOut also allows combat athletes to train for competitions. Combat athletes must excel in cardio, strength, physical endurance, and wellness, and this platform provides the incentive for them to do so. Fighters with a high baseline who excel in certain areas can gain a major advantage by using FightOut.

Overall, FightOut is one of the most promising presale cryptos set to launch in 2023. All in all, Crypto Gains believes that this new platform could provide major returns for those who get in early on the presale. As Move-to-Earn platforms continue to gain traction, FightOut is well-positioned to capitalize on this trend. This is a project that investors should definitely keep an eye on.

Bitcoin Price Consolidates Near $17,000 as Traders Remain Divided

•Bitcoin price is currently consolidating above the $16,800 level and is stuck at the $17,000 mark.
•Doji candlesticks signify that traders are divided about the market direction.
•Resistance levels are at $50,000, $55,000, and $60,000, while support levels are at $25,000, $20,000, and $15,000.

Bitcoin (BTC) is currently trading at around $16,937.75, with a market cap of $325,939,756,784 and a circulating supply of 19,254,387 BTC. These figures place Bitcoin at the number one spot on Coinmarketcap’s ranking. Over the past two days, the price of Bitcoin has been stuck at the $17,000 level, as buyers have been unable to push the price beyond that point.

The BTC/USD exchange rate is consolidating above the $16,800 level and is stuck at the $17,000 mark. Doji candlesticks signify that traders are divided about the market direction. On the one hand, buyers are attempting to push the price beyond the initial resistance at $17,000, while on the other hand, sellers are working to keep the price below that level.

If the price is able to break the $17,000 barrier, the next resistance level is seen at $18,391. Conversely, if the price drops below the initial resistance, the next support levels are at $15,000, $20,000, and $25,000. Traders are also keeping a close eye on the $50,000, $55,000, and $60,000 resistance levels.

It is difficult to predict where the price of Bitcoin will go in the near future. The market is in a state of flux and the outcome of the current consolidation phase will be the deciding factor in Bitcoin’s future. Traders are divided, with some predicting a bullish trend and others expecting the price to dip further. It is important to monitor the market carefully and to be prepared for any eventuality.

Revolutionize Adult Entertainment: A Dream of Decentralized Platforms

• Decentralized platforms for sharing adult content were once hyped, but have since faded away.
• These platforms promised a more fair and secure environment for adult content creators, but this dream has yet to be realized.
• The promise of immutable content, once created, that cannot be destroyed or censored, is still something that could revolutionize the adult entertainment industry.

The idea of decentralized platforms for sharing adult content once held a great deal of promise for many individuals. The hope was that this technology could revolutionize the adult entertainment industry and create a more fair and secure environment for adult content creators. This could potentially be achieved through immutable content, meaning that once it is created, it cannot be destroyed or censored.

The concept gained a great deal of attention during the bull run of 2021, with many cryptocurrency initiatives claiming to bring about this revolution. Unfortunately, the online buzz surrounding this idea has since died down and the dream of a decentralized adult industry is yet to be realized.

The potential benefits of a decentralized adult industry are clear. Content creators would no longer have to be subject to the often strict terms of service and censorship of centralized platforms. They could also rest assured that their work would be preserved and remain available, regardless of the whims of any third-party authorities. This could open up a wealth of new opportunities for adult content creators, allowing them to create and share their content in a more secure and private manner.

However, there are still a number of challenges to be overcome before this dream can be realized. Firstly, there needs to be an infrastructure in place that allows for the secure and private distribution of adult content. Secondly, it is important to ensure that these platforms remain compliant with all relevant laws and regulations. Finally, the platforms need to be attractive to content creators, offering them a fair and lucrative way to market and monetize their work.

It is clear that the dream of a decentralized adult industry is still some way off. Nevertheless, it is an idea that has the potential to revolutionize the adult entertainment industry and create a fairer and more secure environment for content creators. It is certainly an issue that deserves greater attention and focus in the coming years.

The LN token of the Japanese messaging giant LINE is now available in BitMax

The BitMax crypto currency exchange has just made the token of the Japanese LINE messaging application available to users.

According to an August 6 LINE announcement, Japan’s largest messaging application, with 84 million active users per month, will make its native LINK (LN) token available for trading through the BitMax crypto currency exchange. This makes LN the sixth cryptoactive currently supported by the exchange, including Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), and Litecoin (LTC).

Facial recognition could put an end to Bitcoin’s social network scams

The LN token was originally issued in 2018 to users as part of a rewards program through the messaging application. BITFRONT, the native LINE exchange covering areas outside Japan, began supporting the token in October 2018.

LINK or Chainlink?
Although the unabbreviated name of the LINE token is LINK, it has no connection to the cryptoactive Chainlink (LINK). The LINE LN token was launched in August 2018, almost a year after the debut of Chainlink.

South Korea’s largest bank wants to join the cryptomoney custody business
Perhaps in an attempt to differentiate itself from Chainlink, the LINE website and the LN white paper no longer refer to the original name „LINK chain“, but to the LINE blockchain.

However, in a statement to Cointelegraph, a representative of LINE said that the company had no plans to change the brand or name of the crypto currency.

Bitcoin’s domain slips to its lowest level in 12 months
The price of the LN token is USD 20.99 at the close of this edition; it rose 31.8% in the last 24 hours.