Sat, May 25, 2024 at 10:05

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    Joy

    • Hey Annie!

    • Have you heard about the latest developments with Worldcoin and GALA?

    • There's a lot going on!๐Ÿ˜ฎ

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  • Annie

    • Oh, really?

    • What's happening with them?๐Ÿค”

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  • ์ธ๋„ค์ผ

    Joy

    • Well, Worldcoin just unveiled an L2 network called Worldchain to scale its human ID operations.

    • They even launched a Worldchain category for their Grants program on May 16.

    • But despite this, Worldcoin is struggling in the market.๐Ÿ“‰

  • Annie

    • That's interesting.

    • Why is Worldcoin struggling?๐Ÿ˜•

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    • Hold on! Behold, an advertisement awaits. Legend has it that clicking on this ad will make the AI server even smarter... ๐Ÿ˜…

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  • ์ธ๋„ค์ผ

    Joy

    • There are a few reasons.

    • One big factor is the dwindling confidence in Sam Altman's OpenAI initiative and broader concerns about user privacy.

    • The price of Worldcoin has dropped from $7.6655 in early April to $4.60 now.๐Ÿ˜ฌ

  • Annie

    • Wow, that's a significant drop.

    • What about GALA?

    • I heard there were some issues there too.๐Ÿ˜Ÿ

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  • ์ธ๋„ค์ผ

    Joy

    • Yeah, GALA has been having a rough time too.

    • There were security breaches and contract exploitation issues.

    • An X post claims the GALA contract generated over $200 million in on-chain revenue, but the perpetrator is converting all the stolen money into Ethereum.๐Ÿ˜ฑ

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  • Annie

    • That's terrible!

    • How is the GALA team handling this?๐Ÿ˜จ

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  • ์ธ๋„ค์ผ

    Joy

    • The GALA team advised holders to switch to a new contract to minimize losses and prevent further money loss.

    • But this has shaken investor confidence, leading to a potential sell-off and a major dip in GALA's price.๐Ÿ˜”

  • Annie

    • It sounds like both Worldcoin and GALA are in trouble.

    • Are there any positive developments in the crypto space?๐ŸŒŸ

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  • ์ธ๋„ค์ผ

    Joy

    • Actually, yes!

    • The DTX Exchange is gaining a lot of attention with its hybrid trading feature.

    • It combines elements of centralized and decentralized exchanges, offering traders unmatched market opportunities and decentralized security.๐Ÿš€

  • Annie

    • That sounds promising.

    • How is the DTX Exchange performing in the market?๐Ÿ“ˆ

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  • ์ธ๋„ค์ผ

    Joy

    • DTX is doing quite well!

    • They've raised over $560,000 during their presale, and their hybrid trading infrastructure is captivating investors.

    • Plus, they recently eliminated gas fees with a VulcanX update and announced a layer 1 blockchain expansion.๐ŸŒ

  • Annie

    • That's impressive!

    • Do you think DTX could be a good investment opportunity?๐Ÿ’ก

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  • ์ธ๋„ค์ผ

    Joy

    • It definitely seems like it!

    • With the current market struggles of Worldcoin and GALA, DTX's innovative approach and strong presale performance make it a bright spot in the crypto space.๐ŸŒŸ

  • Annie

    • Thanks for the insights, Joy.

    • So, overall, would you say the news about Worldcoin and GALA is more of a negative development for the market?๐Ÿ“‰

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  • ์ธ๋„ค์ผ

    Joy

    • Yeah, I'd say so.

    • The struggles of Worldcoin and GALA are definitely negative developments.

    • They highlight the importance of security and investor confidence in the crypto market.

    • But on the flip side, it also shows that there's always room for innovation and new opportunities, like with DTX.๐ŸŒ

  • Annie

    • Got it.

    • Thanks, Joy!

    • It's good to know both the challenges and the opportunities out there.๐Ÿ˜Š

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  • ์ธ๋„ค์ผ

    Joy

    • To sum up, this article is considered a ๐Ÿ˜ฑBearish for investors!!