Exciting events continue to unfold for cryptocurrency enthusiasts. Recently, the official X account of the White House shared a post regarding an altcoin. This sudden announcement has caused the coin’s price to soar, likely leading to even greater increases fueled by rising demand.
Why is GALA Coin Rising?
GALA Games had its post reshared by the White House’s official X account, which resulted in a sudden surge in the altcoin’s price. Trump is known as a supporter of cryptocurrencies, but an official endorsement of an altcoin from the White House seems a bit exaggerated. Perhaps Trump has acquired a substantial amount of tokens to help offset the budget deficit?
“The Digital White House Egg Hunt Game is now live! Find hidden eggs, dodge the broken ones, and score big. Climb the leaderboard and showcase your hunting skills!”
The account does not appear to have been hacked, as shortly after the GALA Coin announcement, a post regarding JD Vance’s visit to India was also shared. The price of Bitcoin $94,549 stands at $87,000, while GALA Coin begins the day with a 7% increase.