YesAla Games is a virtual currency that is currently well positioned to develop and profit from the upcoming trend in the metaverse. It is a play-to-earn gaming platform with a user-friendly integrated shop. It has all the amenities in the built-in enterprise market of its shop.
In addition, the larger community, Gala, has the authority to choose the featured games. and to authorize the deployment of their NFT avatars. Giving players the command of the games is the central objective of the project. The Gala Games Network hosts a number of online role-playing games including Town Star, Fortified, Mirandus and others.
The platform’s purpose is aided by the use of blockchain technology and its native asset, GALA. Which portended encouraging price runs in 2021. if you are looking for a detailed Price Forecast for Gala then you have come to the right place!
Observation
cryptocurrency | Festival |
token | Festival |
USD value | $0.0555 |
market cap | $378,700,219 |
circulating supply | 6.98 B |
trading volume | $133,110,212 |
all time high | $0.83 |
All time low | $0.000151 |
*Figures are at press time.
Gala Price Prediction for 2022
less likely | Average price | potential high |
$0.0699 | $0.08941 | $0.1088 |
The coin landed in the year 2022 with a price of $0.46, However, the month was not a big hit for GALA, as it triggered a downtrend. From $0.4 kept falling to reach its price $0.19 till 31st January. In the next month, the coin touched $0.3 Marks on February 7.
it started railing again to reach $0.25 Till February 20 and retained the position for the rest of the month. March was a subtle month for Gala as it continued to trade at approx. $0.2, the token price was $0.20 When it started sinking on 4 April.
On May 1, the token was trading on $0.19it fell down to reach $0.06 on 12th May. Cryptocurrency ends the month with a price margin $0.08, That said, the coin was selling for $0.07 on June 1st and found its way $0.05 till the end of June.
Q3. Crypto Price Prediction for Gala
The business plans to introduce GalChain, which will virtually eliminate transaction fees across the entire Gala Games system. It will surely multiply its user base which can be responsible for touching the increase in its price $0.0769, The update will also affect the usability of the system.
On the other hand, the coin may not be able to exit its downtrend if the team fails to implement the upgrade. This may increase its selling pressure leading to a lower price $0.0505, Also, the average trading price of GALA is expected to be around $0.0653,
Q4. Gala price prediction for
Unlike free gameplay and rivalries, the player’s right to own all game content will continue to complement the user base. This competitive edge can achieve the maximum price of $0.1088 by the end of the quarter.
Conversely, if the bears take over the market, the price of GALA could start to decline again. It could lead to a downward spiral to reach the expected minimum price target $0.0699, On the other hand, the average price of the token is estimated to revolve around $0.08941,
Gala Price Forecast for 2023
The developers of Gala also develop a distributed voting system. Which turns users into the people who decide how the Gala system updates in the future. Implementation of this system will surely bring some hype to the token which can increase its maximum price. $0.21.
On the other hand, if the update doesn’t flow as expected, it could lead to a drop in the price of GALA. Minimum anticipated cost is $0.0925. That said, buying and selling pressure can land at the equilibrium price. $0.1614,
Price Prediction for Fiesta in the year 2024
The concentration of investment is still mainly with whales 52.39%After that investors 37.07%, and finally retail investors 10.54%, The pictorial representation justifies the investment concentration of GALA.
The team behind Gala can see remarkable collaboration and adoption, which could further boost investment by big-money investors. In such a case, the price of GALA may climb to a higher price tag. $0.382, However, the price could drop if the crew fails to come up with new and vibrant partnerships and updates. $0.1877,
Fiesta Price Projection for 2025
Currently, Gala uses the Ethereum blockchain. The creators of Gala suggested creating a unique blockchain just for Gala Games. Putting this into practice, gamers will get to experience complete control and quality that will drive its price tag. $0.7156,
Conversely, factors such as a negative feedback loop and criticism can drive down its price. $0.3303, Simultaneously, buying and selling pressure may land at an equilibrium price. $0.514,
year | less likely | potential high |
2023 | $0.0925 | $0.21 |
2024 | $0.1877 | $0.382 |
2025 | $0.3303 | $0.7156 |
What does the market say?
Wallet Investor
According to Wallet Investor’s GALA coin price forecast. The altcoin is expected to rise to a maximum of $0.287 by the end of 2022. Sequentially, maximum closing targets for 2023 and 2025 have been set at $0.448 and $0.75.
trade animals
Trading Beasts predicts that the price of Gala will reach its potential high of $0.0956 by the end of the current year. Whereas, a reversal of the trend could drop the price to a low of $0.065. That said, the balance under buying and selling pressure could leave the price trapped at $0.0765. The firm expects the altcoin to climb to a maximum of $0.1324 by the end of 2023 and $0.1754 by the end of 2025.
digital coin value
According to the digital coin price prediction, the price of GALA may reach a pricier tag of $0.0779 by the end of 2022. The firm’s analysts put minimum and average targets for the year at $0.068 and $0.0726. Forecast also hosts predictions for a longer period. Accordingly, GALA is projected to increase to a maximum of $0.12 by the end of 2025.
PricePrediction.net
The website estimated that GALA could claim a higher price of $0.096 by the 2022 annual closing. The company has set minimum and average targets for the year at $0.081 and $0.085. As a result, the price of GALA is projected to rise to $0.32 by the end of 2025.
Click Here To Read Our Price Prediction For Stellar (XLM)!
What is Gala?
Gala is a blockchain-based play-to-earn (P2E) network. Gala intends to create a decentralized gaming platform where every in-game asset is owned by the gamers. The system enables the NFT Marketplace and a platform for NFT Games (Gala Games) (Gala Store).
Consumers can engage in network consensus and governance, trade NFTs, and play online. Furthermore, the native utility coin of the Gala Network is called GALA. It is an ERC-20 token that can also be used as a BEP-20 token (BSC) on the Binance smart chain.
Gala participants can use NFTs to direct their activities and vote on new releases. Gala Coins can be used to purchase a variety of NFTs and in-game products from the legitimate Gala Store. Players can earn Gala coins by playing the Gala game.
fundamental analysis
Gala Games was founded by Eric Schirmer, who also founded Gameplay FarmVille. Its goal was to offer gamers who play video games right on their effort and cash. Gala is a decentralized cryptocurrency with a play-to-earn concept.
In the past, players spent too much time acquiring virtual currency that was only useful during gameplay. However, the program enables in-game achievements, currency upgrades, and tokens. Its goal is to create a blockchain game that players can enjoy.
On the other hand, the community-driven nature of its system, where gamers have a say in its development and future, is another advantage. Additionally, users can purchase NFTs from the game shop and employ those products. The creators of these games are well known in the crypto and games communities, and this coin has made some really amazing alliances.
Gala. our price prediction for
As per the prepared price forecast by our expert panel, GALA price may reach a possible high of $0.1. If the project calls for assistance from development and collaboration. Conversely, factors such as a prolonged bear run could propel the price downward. $0.07,
historical value analysis
2020
- The GALA token suffered a further surge from its initial price during the year after it became official on September 18, 2020, at a price of $0.0014.
- The cryptocurrency fell to its all-time low of $0.0001 on December 28, 2020.
2021
- Early last year, GALA was able to reverse the bearish trend, and as of February 27th 2021, the price of the coin reached $0.032.
- The price continued to rise over the next month, reaching $0.033 on March 10th.
- The cost of GALA began to decline over the following months, and by June 22, it had fallen to $0.006.
- After staying sideways until mid-November, the price of GALA increased to $0.847 by November 26.
- However, the decline led to the annual closing at $0.474.
Click here to read our price forecast for ApeCoin (APE)!
questions to ask
A: The development of Gala Token could be slow in the near term. Gala cryptocurrency is an ideal option if you are looking to place long-term bets.
A: The project brings a whole new way to play and earn assets for a nominal fee. With strong fundamentals, GALA should be priced higher.
A: According to our Gala price forecast for 2022, the altcoin could rise to a maximum of $0.1088. While the minimum and average targets could be $0.0699 and $0.08941.
A: According to our Gala price forecast for 2025, the digital token could rise to $0.7156.
A: Gala is available for trading on major cryptocurrency exchanges such as Binance, MEXC, OKEx, Bybit and Bitgate.