• GALA token had dropped by more than 11% after the parent firm Gala Games deleted a tweet announcing its partnership with several Hollywood stars.
• The tweet had pushed the price of GALA up by more than 70%, the highest price the token has reached since September 2022.
• Several Twitter handles have been created questioning how genuine the announcement was.

The cryptocurrency GALA has experienced a dramatic drop in price in the past few hours after the parent firm Gala Games deleted a tweet announcing its partnership with several Hollywood stars.

The tweet, which was posted on Monday, stated that the game development platform was „developing two films with the Rock (aka Dwayne Johnson) and Mark Wahlberg! Two absolutely huge forces in the entertainment industry. You’ve seen their work on screen, but I think their presence might be even more powerful off the screen and we are so happy to get the chance to work with them.“

At the time of writing, GALA token had dropped by more than 11%. This comes after the tweet had pushed the price of GALA up by more than 70%, the highest price the token has reached since September 2022.

The deletion of the tweet has left many crypto followers perplexed, especially since Gala Games has offered no explanation for the sudden deletion. This has caused widespread speculation about the veracity of the announcement. Several Twitter handles have been created questioning how genuine the announcement was.

The sudden drop in price has been a major setback for GALA and its parent company Gala Games. It remains to be seen how this situation will pan out and what impact it will have on the GALA token and the cryptocurrency market in general. Nevertheless, despite today’s pullback, GALA still remains the top mover for the day.