Gorilix (SILVA) Triples in Value As Terra Classic (LUNC) & LUNA Begin to Slide Again

Less than a month into the Gorilix (SILVA) presale, it has continued to follow its upward trend and has more than tripled in price. The presale opened at $0.008 per SILVA token and is currently trading at a little over $0.0245. The token has continued to maintain the interest of the crypto world and built momentum and a steady stream of purchase orders that have led the price to jump by over 10% in the last 24 hours and 40% in the past week.

With two weeks left to the end of the first phase of the SILVA presale, it is safe to say there is ample time left for the token to continue to gain traction and grow. So far, the token has proved analysts who touted the token as one for high growth this summer and early backers who heeded the advice correct.

SILVA is an ERC20-based token utilizing Ethereum’s virtual machine technology to increase cross-network compatibility. Gorilix has mentioned that they will be releasing SILVA on three blockchains, with the second being the ever-popular Binance Smart Chain. SILVA tokens can be purchased exclusively at Gorilix.io.

Meanwhile, after an unlikely mini resurgence, Terra’s good run has come to an end as the prices of its three tokens have begun to slide once again. The price slide coincides with an announcement that Korea and the United States have agreed to share investigation data on the company and its founders.

Since the news broke on Wednesday, July 06, Terra Classic (LUNC) is down 6.38%, TerraClassicUSD (USTC) is down 12.4%, while LUNA is down 0.7%. The future of Terra and its coins remains very unclear despite the efforts made to rebuild the brand.

Bitcoin and Ethereum are both having positive weeks making good gains over the past seven days. The global crypto market cap has increased by 1.79% over the last day and now stands at over $923 Billion. The market cap growth could mean the end of crypto winter, which could further help boost the momentum for Gorilix (SILVA) during the presale and launch phases.

To buy your SILVA tokens or learn more about Gorilix DEFI, visit Gorilix.io.

To register for the presale: https://cabinet.gorilix.io/sign-up

To join Gorilix on Telegram, Twitter & Instagram: https://linktr.ee/Gorilix

Mark Peterson

Mark Peterson has been following the crypto market for the past seven years. As a crypto news journalist, he has recently joined our team. He regularly delivers the most recent happenings of the crypto space. He enjoys writing poems and exploring various crypto trading platforms in his spare time.

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