Wednesday, 17 April 2024

Crypto News

Bitcoin hits new ATH above $71k; GALA surges as investors target Memeinator

Bitcoin hits new ATH above $71k; GALA surges as investors target Memeinator

  • Bitcoin rose to a new all-time high above $71,850 across exchanges on Monday.
  • Gala (GALA) price was up double-digits as the gaming platform attracts gamers amid recent developments.
  • Memeinator (MMTR) is trending as its presale edges towards a close.

With Bitcoin surging to an all-time high above $71,850 on Monday, the crypto community’s bullish sentiment has moved a notch stronger. As top altcoins look to mirror BTC, investors seeking other opportunities are buying Gala (GALA).

Also making a massive impression in the market is Memeinator (MMTR), whose presale is poised to hit the penultimate stage.

Memeinator presale reaches $6.2 million

Meme coins have outperformed in recent months. Top gainers in the category have included Solana-based meme coins dogwifhat and Solama. 

Dogecoin, Shiba Inu and FLOKI have also see decent upside movements.

Presale project Memeinator has also attracted massive attention amid the meme coin run, with its ICO accelerating through the last three stages. Now in stage 18 and its market debut just around the corner, the buying pressure is mounting.

At the time of writing, the Memeinator presale has raised more than $6.2 million. The token’s presale price is at $0.0261 and will increase to $0.0292 in the final presale stage.

GALA surges as BTC reaches new all-time high

As Bitcoin (BTC) extends recent gains to above $71,000, the top altcoin Ethereum (ETH) has broken above $4,000 for the first time since November 2021.

The gains for the top two cryptocurrencies by market have also cascaded into some top projects in the space. BNB, which spiked above $500 is one of these. Gala Games (GALA) is one of the coins trending today.

GALA price outlook

Gala (GALA) is one of the top performers in the crypto market over the past week. The price of the gaming platform’s native token has jumped more than 65% during this period, and 227% over the last 30 days.

GALA price reached highs of $0.08465 on March 11, its highest level since May 2022. The gains have come amid increased network activity and developments for the gaming platform. GALA prices rose sharply in late February after the launch of GalaSwap.

This week, the gaming community has reacted positively to the recent announcement around the ecosystem’s gaming title Last Expedition.

With GALA set to play a crucial role in the exchangeability of in-game currencies…

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