The Haunted Space ($GAGA) token, associated with an up-and-coming sci-fi web3 game, launched on July 17 after multiple delays, leading to notable price volatility.
Token Launch and Price Fluctuations
The Haunted Space ($GAGA) token opened at $0.01, briefly surging to $0.23, but quickly dropped back to around $0.00476 with a total market cap of $4.3 million and just over $68,000 in liquidity.
Team's Response to Concerns
The team issued a public message confirming that no tokens were sold prior to their release. They attributed the price volatility to bot activity and temporary liquidity adjustments. 'No team, advisor, or related party sold tokens before unlock,' stated the announcement.
Future Plans for the Project
Development continues, with a multiplayer and single-player game release scheduled for the coming weeks, alongside token staking and a planned burn. The team emphasized that the token launch was just one part of a broader roadmap.
The Haunted Space ($GAGA) token was released amid high volatility. The team is committed to advancing the project with improvements and new features in the future.
