intermediate
As the crypto market continues to heat up, many traders are looking for ways to get their hands on the next big token. One token that has been lately getting a lot of attention is Gala (GALA), which was released as a digital utility token for the blockchain-based gaming platform Gala Games. So, without further ado, let’s review the Gala games company, perform Gala price analysis, and make the token price prediction.
Please note that this article does not constitute investment advice. We strongly recommend you to always DYOR, examine several channels of information, and listen to market sentiment. Last but not least, of course, do not invest more than you can afford to lose.
Gala (GALA) Overview
Our real-time GALA to USD price update shows the current Gala price as $0.030510 USD.
According to our Gala price prediction, GALA price is expected to have a -4.61% decrease and drop as low as by May 25, 2023.
Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 75%, with a Fear & Greed Index score of 50 (Neutral).
Over the last 30 days, Gala has had 10/30 (33%) green days and 12.05% price volatility.
Gala (GALA) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Gala (GALA) Price Prediction For Today, Tomorrow and Next 30 Days
Gala Prediction Table
Gala Historical
According to the latest data gathered, the current price of Gala is $$0.03, and GALA is presently ranked No. 141 in the entire crypto ecosystem. The circulation supply of Gala is $213,020,146.13, with a market cap of 6,977,205,436 GALA.
In the past 24 hours, the crypto has increased by $0.0006 in its current value.
For the last 7 days, GALA has been in a good upward trend, thus increasing by 0.91%. Gala has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of GALA has increased by 23.93%, adding a colossal average amount of $0.01 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Gala Price Prediction 2023
According to the technical analysis of Gala prices expected in 2023, the minimum cost of Gala will be $0.0211818816. The maximum level that the GALA price can reach is $0.0291305867. The average trading price is expected around $0.0370792917.
GALA Price Forecast for May 2023
Based on the price fluctuations of Gala at the beginning of 2023, crypto experts expect the average GALA rate of $0.0283591638 in May 2023. Its minimum and maximum prices can be expected at $0.0274862511 and at $0.0292320765, respectively.
June 2023: Gala Price Forecast
Cryptocurrency experts are ready to announce their forecast for the GALA price in June 2023. The minimum trading cost might be $0.0211818816, while the maximum might reach $0.0355019295 during this month. On average, it is expected that the value of Gala might be around $0.0283419055.
GALA Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of Gala in 2023 and in previous years, so the average GALA rate they predict might be around $0.036356334 in July 2023. It can drop to $0.0356333763 as a minimum. The maximum value might be $0.0370792917.
August 2023: Gala Price Forecast
In the middle of the year 2023, the GALA price will be traded at $0.0368487814 on average. August 2023 might also witness an increase in the Gala value to $0.0369475715. It is assumed that the price will not drop lower than $0.0367499913 in August 2023.
GALA Price Forecast for September 2023
Crypto experts have analyzed Gala prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $0.0366479082. The lowest and peak GALA rates might be $0.0365524111 and $0.0367434053.
October 2023: Gala Price Forecast
Crypto analysts expect that at the end of summer 2023, the GALA price will be around $0.0364470349. In October 2023, the Gala cost may drop to a minimum of $0.0363482448. The expected peak value might be $0.0365458251 in October 2023.
GALA Price Forecast for November 2023
Having analyzed Gala prices, cryptocurrency experts expect that the GALA rate might reach a maximum of $0.0363416588 in November 2023. It might, however, drop to $0.0361506646. For November 2023, the forecasted average of Gala is nearly $0.0362461617.
December 2023: Gala Price Forecast
In the middle of autumn 2023, the Gala cost will be traded at the average level of $0.0360452884. Crypto analysts expect that in December 2023, the GALA price might fluctuate between $0.0359464983 and $0.0361440786.
Gala Price Prediction 2024
After the analysis of the prices of Gala in previous years, it is assumed that in 2024, the minimum price of Gala will be around $0.0529947. The maximum expected GALA price may be around $0.0659934. On average, the trading price might be $0.0539946 in 2024.
Gala Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of Gala, in 2025, GALA is expected to have the following minimum and maximum prices: about $0.0779922 and $0.0929907, respectively. The average expected trading cost is $0.0809919.
Gala Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of Gala and their fluctuations during the previous years. It is assumed that in 2026, the minimum GALA price might drop to $0.119988, while its maximum can reach $0.139986. On average, the trading cost will be around $0.119988.
Gala Price Prediction 2027
Based on the analysis of the costs of Gala by crypto experts, the following maximum and minimum GALA prices are expected in 2027: $0.19998 and $0.169983. On average, it will be traded at $0.179982.
Gala Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of Gala. Based on their predictions, the estimated average GALA price will be around $0.259974. It might drop to a minimum of $0.259974, but it still might reach $0.29997 throughout 2028.
Gala Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of Gala. It is estimated that GALA will be traded between $0.389961 and $0.449955 in 2029. Its average cost is expected at around $0.39996 during the year.
Gala Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the Gala’s price. The year 2030 will be determined by the maximum GALA price of $0.669933. However, its rate might drop to around $0.559944. So, the expected average trading price is $0.579942.
Gala Price Prediction 2031
After years of analysis of the Gala price, crypto experts are ready to provide their GALA cost estimation for 2031. It will be traded for at least $0.829917, with the possible maximum peaks at $0.9999. Therefore, on average, you can expect the GALA price to be around $0.849915 in 2031.
Gala Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the Gala’s price. The year 2032 will be determined by the maximum GALA price of $1.46. However, its rate might drop to around $1.20. So, the expected average trading price is $1.24.
What Is GALA?
Gala is an Ethereum-based gaming ecosystem by Eric Schiermeyer and John Osvald. This project offers a unique way to play games and earn rewards. The project’s native token — Gala cryptocurrency — is still in its early stages, but it has already gained much popularity among gamers and crypto enthusiasts. Unlike other cryptocurrencies, Gala is not mined. Instead, one earns it by playing games in the Gala games ecosystem. It’s the play-to-earn model that is used here: the more you play, the more Gala tokens you earn. Gala games executives stated that cryptocurrency and a play-to-earn system enable them to make free-to-play games profitable while giving players more control with NFT in-game assets. In addition to being a fun and easy way to earn cryptocurrency, Gala also offers an opportunity to invest in the future of the gaming industry: players can vote on key game development decisions.
With the help of blockchain technology, Gala could revolutionize the way we play games and interact with each other. For now, the token is still getting started, but it has great potential to become a major player in the gaming industry.
Gala Fundamental Analysis
Gala is a decentralized gaming ecosystem that runs on the blockchain. The Gala token, the native virtual currency of the Gala network, is used to power all transactions within the ecosystem. Gala has a wide range of games designed to appeal to all types of gamers. The games on the Gala platform are provably fair and transparent, and all transaction data is stored on the blockchain. The gala token is also used to power the Gala marketplace, which allows gamers to buy and sell in-game items. Being an ERC-20 token, Gala can be stored in any ERC-20 compatible wallet. The Gala network lets users buy, sell, or trade assets using the Gala token. Besides, Gala offers its users unique digital assets — NFTs.
GALA Price History
GALA price history: Gala coin to USD. Source: CoinMarketCap
According to the latest data gathered, the current price of Gala is $$0.03, and GALA is presently ranked No. 141 in the entire crypto ecosystem. The circulation supply of Gala is $213,020,146.13, with a market cap of 6,977,205,436 GALA.
In the past 24 hours, the crypto has increased by $0.0006 in its current value.
For the last 7 days, GALA has been in a good upward trend, thus increasing by 0.91%. Gala has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of GALA has increased by 23.93%, adding a colossal average amount of $0.01 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
CaptainAltCoin
According to a price prediction made by CaptainAltCoin, the GALA coin could drop to $0.031 by March 2023 before perhaps rising yet again to $0.0507 in January 2024. The website estimates that GALA will have been worth approximately $0.1364 by 2025, but they also find it likely that by 2028, there will have been a major decline when the price may fall to $0.0775.
Wallet Investor
In its GALA price forecast, Wallet Investor expressed a much more bearish note, saying the token could face tough 12 months, potentially falling to $0.00156 by January 2024.
DigitalCoinPrice
Long-term Gala price prediction by DigitalCoinPrice
DigitalCoinPrice is very optimistic: according to this platform’s prediction, in the near future, the GALA price will overcome the level of $0.0531. After that, the token will head to conquer the new height — the maximum level of $0.10. The long-term forecast from the platform expresses expectations of smooth growth from year to year — see the chart above.
Gala (GALA) Price Predictions: 2023-2032
GALA Token Price Prediction: FAQ
Does Gala have a future?
Given Gala creators’ impressive background in the development and promotion of mobile games, as well as Gala’s useful P2E (play-to-earn) format, we can say with a high degree of probability that the project has a great bright future. The project’s founders themselves shared thoughts on their plan to take over the whole gaming market, not just its blockchain-powered sector. With very popular games like Town Star, Mirandus, Spider Tanks, and Echoes of Empire in the pipeline, Gala is definitely here to stay.
When was Gala launched?
Gala was launched in 2020, aiming to become the premier destination for gaming and entertainment. The same year, the company expanded its offerings to include an online marketplace where users can buy and sell items with Gala tokens. The Gala token is used to purchase in-game items and unlock exclusive content. The company plans to continue building up its platform and offerings in the future, with the ultimate goal of becoming the world’s largest decentralized entertainment ecosystem.
Gala maximum price value: Changelly’s GALA price forecast
Is Gala a good investment? Will Gala’s price rise?
There is a variety of reasons why Gala may be a good investment. First, the token is still relatively new, so there is potential for price appreciation. Second, the company behind Gala is experienced in both the gaming and blockchain industries. This gives them a unique perspective on how to use blockchain technology to create a more efficient and user-friendly experience. Third, Gala has already partnered with some major names in the gaming industry, which gives it a leg-up on its competition. Finally, trends, such as the increasing popularity of NFTs and crypto games, suggest that there is strong demand for this type of currency.
What also matters is that the Gala token has a limited supply of 50 billion tokens, which makes it a good investment: there is potential for the token to increase in value as demand grows. There are currently over 1.3 million Gala game players, and the community is expanding. The Gala team is constantly improving the Gala games ecosystem and multiplying the number of available Gala games, which makes the Gala token seem like an awesome long-term investment with room for price growth.
None of the content on the Changelly blog, including Gala price predictions, is investment advice, nor is it a replacement of advice from a certified financial planner.
Is the Gala token worth buying?
Overall, Gala looks like a promising token with a solid team behind it. However, as with any cryptocurrency, there are always risks involved. Whether to buy Gala or not depends on your own risk appetite. Before buying Gala or any other crypto, be sure to do your own research, maybe talk to a financial advisor, and understand the risks.
Does the Gala crypto have a max supply? What is the Gala token’s total supply?
Citing the Gala games website, Gala has a maximum supply of “approximately 50 billion” tokens.
What was the maximum GALA price?
The Gala token reached its all-time high of $0.8367 on the cryptocurrency market on November 26, 2021.
What was the Gala token’s minimum trading price?
Gala was traded for its minimum value of $0.00149 in September 2020.
Can GALA reach 1 dollar?
Thanks to its growing library of games and partnerships with major game developers, GALA is well on its way to becoming the go-to platform for cryptocurrency gaming. Considering its past performance and the fact that its value has already hit the $0.8367 level, it is very likely that Gala will reach an average price value of $1.
Does Gala have its own blockchain?
Gala is backed by Ethereum and is also available on Binance Smart Chain.
Where can I buy Gala?
Gala was launched without an ICO, and players could directly purchase GALA tokens from Gala. Currently, you can easily buy GALA here on Changelly. Also, you can buy it on many crypto exchanges, including the big ones like Binance and Coinbase.
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How much will Gala be worth in 2025?
Our in-depth technical analysis of historical GALA price data indicates that the asset’s value is likely to reach at least $0.14 in 2025. With an average trading price of $0.15, the GALA price can go as high as $0.17.
What price can Gala reach?
When it comes to volatile assets like cryptocurrencies, it’s hard to make predictions. The price of tokens depends on a ton of factors: popularity in the media, general market sentiment, the level of adoption of blockchain technology, etc. However, we can assume that the price of GALA could reach $0.079 by the end of 2023. You can see more long-term forecasts in the sections above.
How do you mine the Gala crypto?
There are two ways to get your hands on GALA: you can earn it by becoming a Gala Node operator or buy it on the crypto market.
Gala crypto mining requires a Gala Node. To set it up, you need to download special software first. Once the node is up and running, you will need to connect it to the Gala blockchain. Afterward, you will be able to start mining the Gala crypto. The process of mining Gala crypto is similar to that of other cryptocurrencies. However, the Gala crypto is unique in that it is used to power certain games and applications. As a result, miners are often rewarded with Gala tokens for their contributions. In addition, the Gala crypto can be traded on various exchanges, which allows miners to cash in on their earnings.
What is Gala Node?
GALA Game Node is computer software. Forming part of the Gala ecosystem, it maintains cryptography and enables secure transactions between Gala games’ users.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.