Is Gala an altcoin?
According to auditor CertiK, $GALA is the most secure altcoin in the world with the number 3 leaderboard spot, with BTC as #1 and ETH as #2.
Gala (GALA) is a utility token built on the Ethereum blockchain that can be used in the Gala Games ecosystem, a play-to-earn platform, as a means of payment. As such, GALA can be used to buy non-fungible tokens (NFT) in the Gala Shop as well as control the network or win prizes.
Gala Games runs on the Ethereum blockchain. However, the platform has also partnered with the Polygon network and has successfully bridged to BNB Chain with the p.
GALA is an ERC-20 utility token used in the Gala Games ecosystem, an Ethereum-based gaming platform.
Daily Gala (GALA) Price Prediction For Today, Tomorrow, this Week, and Next 30 Days. Based on your price prediction input for Gala, there is a projected increase in the value of GALA by 5%, potentially reaching $ 0.039759 by tomorrow.
GALA is now trading below the SMA 200, signaling that the market is currently bearish. After considering the above factors, we can conclude that the current forecast for GALA price prediction is Bullish. GALA would have to increase by 30.29% to hit our $ 0.063430 target within the next five days.
GALA price prediction 2025
The GALA price prediction for 2025 is currently between $ 0.050603 on the lower end and $ 0.240703 on the high end. Compared to today's price, GALA could gain 378.99% by 2025 if GALA reaches the upper price target.
Introduction to the Gala Network and Player-Owned Economies
The Gala network is a metaverse token based decentralized ecosystem that enables the creation of player-owned economies. It ensures that in-game items and assets are stored on the blockchain, granting players full ownership rights.
The Gala network was built on the Ethereum blockchain but has since been bridged to the Binance Smart Chain to facilitate faster and cheaper transactions. A set of “Founder's Nodes” validate in-game transactions and provide processing and storage power to the network.
Gala is a decentralized blockchain media development platform. Eric Schiermeyer, the co-founder of Zynga, co-founded the platform. Gala Games, a division of Gala, produces a range of games and supports the development of blockchain-based games from other studios.
Is Gala burning tokens?
In an unprecedented move, leading gaming company Gala Games obliterated nearly 21 billion of its (CRYPTO: GALA) tokens, equating to more than $637 million at the time of the burn. What Happened: This colossal token burn was undertaken following the completion of the V2 token airdrop from the company's reserves.
What is the all time high price of Gala? Gala's all-time high of $0.824837 was recorded on Dec 28, 2020 reaching a market capitalization close to $1.90B billion.
1. Dogeverse – A Multi-Chain Doge Token Expected to Boom in 2024. Dogeverse ($DOGEVERSE) is a multi-chain doge-based token. With the ability to “hop” between different networks, eager investors can purchase $DOGEVERSE on six major blockchains, from Ethereum, BNB Chain, and Polygon to Solana, Avalanche, and Base.
Our real-time GALA to USD price update shows the current Gala price as $0.050 USD. Our most recent Gala price forecast indicates that its value will increase by 11.43% and reach $0.055921 by April 24, 2024.
GALA has a long way to go to end up at an average trading price of $100. As per the algorithm-based forecast, the GALA coin is not expected to reach the price of $100 any time soon. However, that is technically possible 15-20 years from now. Absolutely not.
However, As per FinanceShots website, if Gala Cryptocurrency continues to grow at its current rate, it's likely that it will reach its target of $50 in 2040. But there's no way to that Gala Cryptocurrency could reach $50 by 2023. Gala (GALA), is highly speculative and involves various factors that can impact its value.
- Bitcoin (BTC) Bitcoin (BTC) 64,836.03 USD (0.07%) ...
- Ethereum (ETH) Ethereum (ETH) 3,149.90 USD (-0.24%) ...
- Solana (SOL) Solana (SOL) 157.12 USD (0.15%) ...
- Avalanche (AVAX) Avalanche (AVAX) ...
- Chainlink (LINK) Chainlink (LINK) ...
- Cosmos (ATOM) Cosmos (ATOM) ...
- Polygon (MATIC) Polygon (MATIC) ...
- Binance Coin (BNB) BNB (BNB)
The primary use case for the GALA token is to be a medium of exchange between participants in the Gala Games ecosystem and to purchase digital assets, including NFTs. The GALA token can be an Ethereum-based ERC-20 token or a BNB Smart Chain-based BEP-20 token and is used in various ways across the Gala platforms.
A Rocky Descent from All-Time Highs
In early 2023, GALA reached its peak value at $0.062. However, it has since plummeted by a staggering 72%, with spot rates now hovering around $0.017.
At present, short-term forecasts for Gala are relatively positive, with CoinCodex and BeIn Crypto being bullish on GALA in the near future. However, Wallet Investor's Gala coin short-term prediction believed that the price could fall in the next few months and up until the end of the year.
Which crypto to buy today for long term?
Just about everyone agrees that the no-brainer cryptocurrency to buy right now is Bitcoin (BTC -3.48%). Not only is Bitcoin getting a huge lift from the recent introduction of the new spot Bitcoin ETFs, there's also the halving, which is generally viewed as a very bullish catalyst.
Gala (GALA) Price Prediction 2040
Based on our long-term Gala Coin price forecast, we anticipated that prices could reach a new all-time high this year. By 2040, the maximum price of the GALA Coin is projected to be around $1.299. Our average price forecast for Gala is $1.272 in 2040.
The GALA token functions as a utility token. It can be used to purchase items in game. GALA can be bought from a number of exchanges or earned by running a node on the network.
| # | Name | 7D |
|---|---|---|
| 1 | Render ( RNDR ) | +12.50% |
| 2 | Bittensor ( TAO ) | -10.05% |
| 3 | The Graph ( GRT ) | +12.94% |
| 4 | Fetch.ai ( FET ) | +10.50% |
The vast majority of metaverse universes are built on top of blockchain networks like Ethereum. As a result, each metaverse project will have its own native digital currency. This is the currency used to buy, sell, and trade virtual goods within the metaverse, such as land and real estate.
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