Bitcoin is retesting the 57k region, while Ethereum is trading around 4300 dollars. Though the Fear & Greed Index is showing Fear in the crypto market.
Here is your Top Crypto News for the day.
1) Gala’s Billion Dollar Gaming Fund
Gala Games announces a $1 billion dollar gaming fund. The fund aims to encourage game development in Korea.
Gala Games is a blockchain-powered NFT games platform. It empowers players to take ownership of NFTs used in the gaming sector. The platform is one of the earliest movers since its launch in 2020.
Gala’s native token is $GALA. $GALA has a maximum supply of 50 billion out of which 7.5 billion is circulating. Currently, $GALA is trading near 68 cents, around 17% down from its all-time high of 82 cents.
Two main takeaways from the @GoGalaGames Spider Tank World Cup in Seoul:
1.) We are built differently and we will always and consistently drive to level up…always.
2.) We announced that we are going to deploy $1b USD into game development in Korea. https://t.co/nvQEYgl3kQ
— Jason (BitBender) Brink (@BitBenderBrink) November 28, 2021
2) Pancake Swap Burns 6 million $CAKE
Pancake Swap, the leading AMM on the Binance Smart Chain, has completed a $CAKE burning. Almost 6.2 million $CAKE, amounting to 88 million dollars, is no longer part of the supply.
This includes the recent 383,000 $CAKE buyback also.
Pancake Swap has a Market Cap of 3.5 billion dollars and a Trading Volume of 225 million dollars. Although there is no limit to maximum supply, the current Supply is 244 million. $CAKE token is available on most of the major exchanges. And it’s trading at 14 dollars at the time of writing.
🔥 6,255,489 $CAKE just burned – that’s $88M!
💰 383k CAKE ($5M) bought back from the market (Trading, Prediction, NFT Market)
🔒 NFT Profile: 5k CAKE ($74k)
🎟️ Lottery: 36k CAKE ($503k)
🔨 Auction: 41k CAKE ($585k)
— PancakeSwap 🥞 #BSC (@PancakeSwap) November 29, 2021
3) Altered State Machine NFT Drop
Altered State Machine announces the all-stars NFT drop. The drop includes 40,000 All-Stars and 10,000 Genesis Brains NFTs.
There are 4 All-Star NFT families. They are Originals, Super Heroine, Zombie, and Asmilated. And you can customize most of the All-Star NFTs. All-Stars are also the first Smart NFTs in the world.
The Great Unboxing will reveal 40,000 All-Stars and 10,000 Genesis Brains 🚀
There are millions of possible combinations in the All-Star Universe!
What does your dream team look like? 🌟
— Altered State Machine (@altstatemachine) November 29, 2021
4) Binance Integrates MOMOverse
The multiverse concept of MOBOX, known as MOMOverse is integrating into the Binance ecosystem.
To celebrate this partnership, MOBOX is also giving away some cool NFTs. You can take part in the giveaway here.
🔥NEWS#MOMOverse is HERE🎉
— MOBOX (@MOBOX_Official) November 29, 2021
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