Today I saw G on the gainers list, it's been a long time since I've seen this coin, it used to be GAL. In July 2024, Galxe (GAL) officially changed its name to Gravity (G) and launched its own Layer 1 blockchain, GravityChain. GAL was migrated to G's native token at a ratio of 1:60.

Against the backdrop of BTC rebounding and the market warming up, G, as a "veteran Web3 infrastructure" new L1, has clearly seen a return of funds. The K-line directly broke through months of downward trend with a large bullish candle, and trading volume surged, quickly squeezing short positions.

In the short term, if G can stabilize above 0.0045 and increase in volume, the next target is likely to sprint towards the psychological level of 0.005~0.006.

Don't short just because you see a big bullish candle; some will pull you into a state of doubt about life. It's actually more appropriate to go long with light positions. $G

G

0.00389

-3.47%