1 month ago By Blockchain Mata
Heard of Gala, GALA?
Gala Games is an entire array of different blockchain games that places fun first and blockchain in the background.
If your answer is NO, nothing to worry about, you are the reason I enjoy digging in and writing.
Sit back and read through Gala Price Prediction, noting what Gala (GALA) is basically about and how worthwhile the project could be.
GALA is an Ethereum token that powers Gala Games, a platform for blockchain gaming. GALA is used as the medium of exchange between Gala Games participants. The participants in the Gala Games ecosystem use GALA as a non-refundable utility token and a medium of exchange. For example, it can be used to pay for in-game items.
The GALA token runs on Ethereum and the Binance Smart Chain (BSC) blockchain. The network is secured by its own set of nodes called Founder’s Nodes. The Gala Node ecosystem consists of a triple-proof node system – proof-of-work (PoW), proof-of-stake (PoS) and proof-of-storage. It began trading in September 2020.
Gala Games was founded by Eric Schiermeyer, the co-founder of Zynga, a popular social and mobile games company. Under Schiermeyer’s leadership, Zynga launched popular hits like Poker, Mafia Wars and Farmville. Schiermeyer, who has a reputation for working on the cutting edge of gaming, launched Gala Games in July 2019 to create a blockchain based game network and give players more ownership of their games.
Gala had an all time low of $0.000134749329 on Dec 28, 2020 (over 1 year).
Gala hit an all time high of $0.824837 on Nov 26, 2021 (9 months).
If you would like to know where to buy Gala at the current rate, the top cryptocurrency exchanges for trading in Gala stock are currently Binance, BTCEX, OKX, CoinW, and Bybit.
GALA believes the complexity of the blockchain should be invisible in its games. So, it uses simple game mechanics that all players can enjoy, whether they consider themselves to be blockchain pros or not. In addition, players get true ownership of what they win in the games.
The GALA coin has been one of the struggling cryptocurrencies over the past few months with Market Rank #103 according to Coingecko and (at the time of writing this article, August 2022) is currently trading at around $0.066942982469 per token with a 24-hour trading volume of $326,540,738.
With a market cap of 504,790,297 USD. It has a circulating supply of 7,542,496,572 GALA coins and a maximum supply of 50,000,000,000 GALA coins; Gala is up 6.7% in the last 24 hours.
The coin has also seen an increase in its market cap over the past few days, which means that there are more people interested in buying and selling GALA coins than ever before. This could be due to several factors including a high number of new investors entering the market, or it could simply be because people are becoming more aware of how useful GALA coins can be for investment purposes.
There are indeed other coins out there that offer better returns on investment than GALA does but there is no denying that this coin is being used by quite a lot of people across the world every single day as they carry out their online shopping activities.
GalaPrice Today, August 13 2022 according to Coingecko
Gala Price $0.066967
24h Low / 24h High $0.062749 / $0.069362
7d Low / 7d High $0.057851 / $0.069004
Trading Volume $326,540,731
Market Cap Rank #103
Market Cap $504,790,297
Market Cap Dominance 0.041%
Volume / Market Cap 0.6465
All-Time High $0.824837
All-Time Low $0.00013475
Wallet Investor is very expectant and positive on Gala and sees a positive trend for the future price of the GALA coin.
Based on our GALA price prediction, a price correction is expected; the price forecast for 2026 is $0.822. With a 5-year investment, the revenue is expected to be around +513.43%. XinFin may show a resistance level by stooping to as low as $0.141 by the first quarter of 2022, making investors buy XinFin Network (GALA) for long-term profit in the cryptocurrency market.
TradingBeasts are much more conservative and reserved in their expectations of GALA. According to this platform’s Gala (GALA) price prediction, and unlike wallet investors, the digital asset will likely not double its price within the next year.
Like Wallet Investor, Digital Coin Price also assumes that Gala is capable of reaching good heights.
According to our technical analysis and forecast, the XinFin Network cryptocurrency price might cross its crucial resistance level at around $0.0744 by the end of 2022.
_ Digital Coin Price
Gov Capital states that the XinFin Network native token GALA sounds highly bullish as it has shown consistency. By the end of 2022, GALA’s price should easily swing around $0.141285199, making it a profitable investment in the cryptocurrency market..
After the analysis of the prices of Galain in previous years, it is assumed that in 2022;
The lowest value of Gala will be about $0.036.
The highest expected GALA price may be around $0.04.
And on average, the trading price might just be $0.037 in 2022.
After the analysis of the prices of Galain in previous years, it is assumed that in 2023;
The lowest value of Gala will be about $0.053.
The highest expected GALA price may be around $0.062.
And on average, the trading price might just be $0.054 in 2023.
Based on the technical analysis by cryptocurrency experts regarding the prices of Cardano, in 2024, GALA is expected to have the following prices;
Lowest price: $0.076
The average expected trading cost is $0.079.
The experts in cryptocurrency have analyzed the prices of Gala and their fluctuations during the previous years. It is assumed that in 2025 GALA prices will follow this pattern;
Minimum price drop of $0.11
The maximum price can reach $0.13
And on average, the trading cost will be around $0.12.
Based on the expert predictions of the costs of Galaby crypto experts, the following differences in GALA prices are expected in 2026;
The highest value is $0.00000454 and,
The lowest value will be $0.00000398
On average, it will be traded at $0.00000412.
Crypto experts are constantly analyzing the fluctuations of Cardano. Based on their predictions, the estimated average GALA price will be around $0.17. It might drop to a minimum of $0.16, but it still might reach $0.20 throughout 2027.
Every year, cryptocurrency experts prepare forecasts for the price of GALA. It is estimated that GALA will be traded between $0.25 and $0.28 in 2028. Its average cost is expected at around $0.25 during the year.
Cryptocurrency analysts are ready to announce their estimations of Gala’s price. The year 2029 will be determined by the maximum GALA price of $0.43. However, its rate might drop to around $0.36. So, the expected average trading price is $0.37.
After years of analysis of the Gala price, experts in the field propose their GALA cost estimation for 2030.
The minimum price GALA will be traded for is at least $0.53,
The possible maximum value GALA is to trade at could be $0.62,
And on average, you can expect the GALA price to be around $0.54 in 2030.
As always, we are not here to give financial advice.
This is a question only you can answer.
Do remember at all times that the cryptocurrency market is very volatile.
Also, check out these other cryptocurrencies’ price predictions;
Axie Infinity Price Prediction