Gala Price Prediction 2022-2031: Is GALA a Good Investment?


According to a report from trend-spotting firm Gartner, 20% will spend at least an hour each day shopping, working, playing, or learning in the metaverse by 2026. One cryptocurrency that’s well-positioned right now to grow and benefit from that future trend is Gala Games (GALA). Consider two primary things you should know about this potential metaverse play before investing:

  • Gala Games has its own NFT collection and a highly engaged community
  • GALA price is an 87.7% discount from its $0.71 price peak back on 27 Nov 2021. 

Today’s Gala price is $0.055587 with a 24-hour trading volume of $182,008,942. Gala is down 0.50% in the last 24 hours. The current CoinMarketCap ranking is #79, with a live market cap of $387,845,096. It has a circulating supply of 6,977,205,436 GALA coins, and the maximum supply is not available.

Let’s take a look at factors for consideration that can help validate these Gala price predictions,

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What is GALA?

GALA is the utility token of Gala Games and is the main asset used in the Gala Ecosystem for gaming and buying the in-game assets. The token is an integral part of Gala Games, which users can use in the Gala Games ecosystem by running a Gala Node.

However, to run a node, Gala players will need a license that will allow them to earn rewards and NFT from their home computers. But the catch is that this license costs $13,000 in ETH, BAT, or GALA. Furthermore, the number of nodes that can participate in the process is 50,000.

How does Gala work?

Gala is similar to a Steam store or GOG and involves a variety of games that users can play on the platform. Unlike other stores, which include players paying to play the games, the games here are free-to-play, and users can own all the items in the game. GOG.com is a digital distribution platform with a curated selection of games and a philosophy that is a “you buy it, you own it.”

Gala’s approach to blockchain-based gaming is unique compared to the new ‘buying’ in-game items. There are a total of 5 games on the platform:

  • Mirandus
  • Spider Tank
  • Town Star
  • Fortified
  • Echoes of Empire

Most of these games are NFT, and Metaverse themed, where users will have to create something or use NFT to complete the game. Players will also find an NFT store with several in-game assets distributed in these categories: six rarity classes: Common, Uncommon, Rare, Epic, Legendary, and Ancient.

Gala Partnership

Gala ended 2021 on a high with an announced partnership with Under Armour. This is poised to be a partnership for charitable causes. Two thousand nine hundred seventy-four editions of the Genesis Curry Flow NFT were made available. 

Binance partnered with Gala Games and many other metaverse networks to give metaverse tokens worth $400,000 last December 2021.

Gala latest developments

Gala promised to develop blockchain games that people would want to play. They delivered on that promise by announcing in December that they would be partnering with legendary Sims designer Will Wright. Gala Games and Gala Labs worked with Wright to create the VOXverse, a home for your favorite collectible “avatars that DeFi!”.

Proposed Developments

Gala has some plans for 2022. The most important thing is to migrate to their proprietary blockchain to reduce network fees and combat many Ethereum bugs that might inhibit long-term growth. New games are also to be expected for 2022. Gala Games announced in January on its blog site that it’s in the process of deploying its own blockchain, since its gaming ecosystem currently runs via the congested Ethereum network.

It was also announced that there are proposed partnerships with more companies like Frank Miller, Under Armour, and AMC. They also mentioned that charitable work and sustaining the environment will be done more in 2022.\

Of course, we have not forgotten the 265% surge in Gala price after the Binance tweet: Cryptopolitan.

Gala games enable blockchain-gaming-focused projects, allowing users to utilize their NFT characters in gameplay. These features made it easy for GALA to make significant gains after being listed on the Binance exchange.

Gala Overview

Gala Overview

Coin Symbol Price Marketcap Change Last 24h Supply Volume (24h)
gala
GALA $ 0.049488 $ 373.53 M 2.64% 7.54 B $ 111.64 M

What makes Gala unique?

Gala has several unique qualities that stand apart from other blockchain-based play-to-earn gaming platforms.

  • Gala has an integrated store which makes it way easier for players to play and earn or buy and sell in-game items over its built-in marketplace.
  • It is built on the Binance Smart Chain and is a BEP-20 asset. This brings down the transaction fees while spending GALA tokens.
  • Gala has a massive community that decides which games to list and govern the performance of the platform. It has a whopping 1.3 million-plus monthly users.
  • GALA Price History

GALA’s price has been bullish for the long term as the token rose to an all-time high above $0.8. Since its inception in 2019, the token achieved a value of $0.0015 in Sept 2020. Following this price level, the token fell as low as $0.0002 and rebounded to reach a price of $0.003.

Following the start of 2021, the token reached a price of $0.03 by March, following down to $0.0078. However, the token again turned bullish and reclaimed $0.04 by Sept 2021.

The GALA price forecast presented by several websites is mainly bullish, and it seems that soon, we will see the average price of the GALA token above $1.

Gala Price Prediction 2022-2031: Is GALA a Good Investment? 1

GALA price analysis reveals a relatively upbeat approach today; the price has gained most of its lost value. In the last few days, the cost of GALA has received much positive attention and has increased to a significant degree. On July 17, 2022, the price suddenly increased from $0.0492 to $0.0503. However, the price started to gain further positive momentum on the same day and regained a value of as much as $0.0535. On July 18, 2022, the price saw massive highs and reached an all-day high of $0.0569. However, the currency price of the cryptocurrency remains around $0.0562.

GALA price analysis reveals the market volatility to enter a slight downward movement; it’s beginning to decline as the resistance and support bands move closer. The cryptocurrency price will follow the volatility and become less susceptible to volatile change. The Bollinger’s band’s upper limit is $0.0582, acting as the strongest resistance for GALA. The lower limit of the Bollinger’s band is present at $0.0469, representing the strongest support of GALA.

The GALA/USD price appears to cross over the Moving Average curve signifying a bullish movement. The price moves upward towards positive dynamics. It seems that the bulls have claimed the market for themselves and are on their way to maintaining this dominion for the next few weeks. The price is anchored in a safe place, and the volatility bands don’t seem to pose a threat to the bulls; if they play their cards right, they might end up with a long-term regime.

GALA price analysis reveals the Relative Strength Index (RSI) to be 51, indicating that the cryptocurrency’s value is increasing. GALA falls in the central-neutral region. However, its position is bound to change as the RSI score follows an upward movement indicating dominant buying activity.

GALA price analysis concludes that the cryptocurrency packs massive potential for positive movement; however, for now, the market is stuck and expected to break, which might cause hindrances in the way of bulls.

Wallet Investor

According to WalletInvestor, GALA is a fantastic long-term investment, and its projection is a little more bullish. By the end of December 2022, the site’s maximum average price forecast for the coin is that it will be close to $0.153. According to its GALA cryptocurrency price prediction at the time of writing, it will likely hit $0.233 in a year and $0.936 in five years. By the end of the year, it expects the price of the GALA coin to reach $0.682.

Tech News Leader

According to information from TechNewsLeader, the price of GALA token price prediction is expected to reach $0.12 in 2022 “assuming the market has a solid bull run in 2022.” The statement said, “Given that long-term investors are anticipated to hold it, its average price for 2022 will be about $0.10.” The highest and minimum price levels for the GALA coin in 2030 are $2.57 and $2.08, respectively.

Digital Coin Price

The GALA coin price prediction from DigitalCoinPrice is a little less bullish. It predicts that GALA will end up averaging $0.0687 in December 2022. The site predicts that the average value for 2025 will be $0.11 and that GALA will increase to $0.22 in 2029.

Cryptopolitan

Gala Price Prediction 2022-2031: Is GALA a Good Investment? 2
Gala Price Prediction 2022-2031: Is GALA a Good Investment? 3

GALA Price Prediction 2022

GALA’s price is anticipated to have a minimum value of at least $0.081 in 2022. With an average trading price of $0.085, the GALA price may go as high as $0.096.

GALA Price Prediction 2023

In 2023, the price of GALA is anticipated to be at least $0.12. With an average price of $0.13 during 2023, the GALA price rise may cause the maximum value to go as high as $0.15.

GALA Price Prediction 2024

GALA’s price is anticipated to have a minimum value of at least $0.19 in 2024. With an average trade price of $0.19, the GALA price may go as high as $0.22.

GALA Price Prediction 2025

The price of 1 GALA is expected to reach a minimum level of $0.27 in 2025. The GALA price can reach a maximum level of $0.32 with an average price of $0.27 throughout 2025.

GALA Price Prediction 2026

The lowest probable price for GALA is predicted to be $0.39 in 2026. According to our research, the GALA price might rise as high as $0.46 with an average anticipated price of $0.40.

GALA Price Prediction 2027

The price of GALA is anticipated to be at a minimum of $0.59 in 2027. With an average trading value of $0.61 in USD, the GALA price value may go as high as $0.69.

GALA Price Prediction 2028

In 2028, the price of GALA is anticipated to be at least $0.83. With an average selling price of $0.85 during the course of 2028, the GALA price may go as high as $1.04.

GALA Price Prediction 2029

The minimum price value for GALA is anticipated to be $1.25 by 2029. The GALA price ranges from $1.29 to $1.43, with $1.29 being the average price.

GALA Price Prediction 2030

In 2030, the price of GALA is anticipated to be at least $1.87. With an average trade price of $1.92 during the course of 2030, the GALA price may go as high as $2.18.

GALA Price Prediction 2031

The lowest price for GALA is anticipated to be $2.83 in 2031. Our research indicates that the GALA price might rise as high as $3.20, with an average projected price of $2.91.

Gala Price Predictions by Industry Influencers

Unison finance covers Gala Games. He suggests the market will continue to be volatile short term.

Conclusion 

The Gala ecosystem is growing its portfolio of high-quality games. These include Legends Reborn, Town Star, and Spider tanks. Gala DAO voting system vets all games being added into the Gala portfolio. The shared economics of blockchain gaming has been a major selling point for Gala.

GALA’s price is anticipated to have a minimum value of at least $0.081 in 2022. With an average trading price of $0.085, the GALA price may go as high as $0.096.

Gala has shed over 85% of its value this year. This has highly affected the value of in-game assets and rewards. Crypto technical analysis indicates Gala will be highly profitable in the next bull run. Gala is expected to pass its all-time high. With an average selling price of $0.85 during the course of 2028, the GALA price may go as high as $1.04.

Following improvements to its agricultural game Town Star and other titles, Gala Games has recently seen success. Gala Games is currently developing a total of five new games in addition to several additional NFT goals.

However, there is a long series of unsuccessful coins, and not all blockchain initiatives are successful. Due to the significant volatility of cryptocurrencies’ values, investors should always exercise caution when doing so.

In 2021, GALA was on a bullish trend and reached an all-time high on November 26 of $0.84. Price forecasts generally agree that the steady rise will continue.

Predictions, however, are not always accurate, so you should always conduct your own research before making an investment.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.





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