Gala Price Prediction 2023, 2025 and 2030: Is Gala A Good Investment?

What Is Gala?

Gala is a blockchain-based, P2E gaming platform that lets gamers receive GALA tokens for in-game victories. The users can also create and trade NFTs in the game or non-game-based exchanges.

GALA plans to work independently of the Ethereum blockchain and develop its own network, called Gala Chain, and launch various games in the coming months. The team has announced the following.

"Our proprietary blockchain is in the later stages of development, and we expect migration to GalaChain to provide some of the most highly anticipated news of the year to our community. This blockchain has been built for Gala Games; it will drastically reduce network fees and solve many problems surrounding Ethereum that could otherwise inhibit long-term growth".

Next we talk about Gala price prediction 2023, 2025 and 2030.

Gala Key Features

• It allows players to trade and own game items with anyone on a worldwide level.
• Gala specialises in the gaming industry, giving players control over their winnings.
• The Gala platform has gained over 1.5 million active users, and about 26,000 NFTs have been sold.

What Is Gala Token?

The GALA token is the primary cryptocurrency employed in the Gala Games Ecosystem. GALA is the native utility token with several uses, including

• network governance,
• node operator incentives,
• in-game rewards, and
• buying in-game items and NFTs.

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Gala Token Price Prediction 2023

Gala price prediction 2023 indicates that each GALA token may cross $0.067 if a bull run happens in 2023. GALA’s average price is expected to reach $0.059.

Gala Price Prediction 2024

Gala price prediction 2024 shows that the token’s average trading price will be around $0.082. Crypto experts predict that GALA's maximum price may range from $0.082 to $0.098 in 2024.

Gala Price Prediction 2025

Analysing price actions and financial charts, crypto experts expect the Gala price prediction 2025 to show a maximum value of $0.14. GALA can end 2025 with an average trading price of $0.12, with a minimum price of $0.11.

Gala Price Prediction 2030

If the GALA token keeps on the good work, it can reach $0.93 by 2030, with an average price of $0.85. The following table summarises the Gala price prediction 2023 - 2030.

Price History

Here’s how the GALA token price has evolved since its inception.

• GALA started trading on Sep 17, 2020, at $0.00155043 with a trading volume of $15827.25.
• In its early months of release, GALA didn’t have a significant price increase and even recorded its All-Time Low of $0.00013475 on Dec 28, 2020, almost three months after its birth.
• It kept the steady rate for about two months and experienced its first price rise on Feb 12, 2021, at $0.01362609, with a trading volume of $1,508,821.
• Fluctuation continued for over six months, and on Sep 19, 2021, a significant price rise was recorded at $0.117141.
• Ups and downs continued in September and early November 2021, and finally, on Nov 26, 2021, GALA hit its All-Time High of $0.824837.
• Since its ATH, GALA started a downward price trend and fell to $0.187189 on Feb 03, 2022, with a trading volume of $362,833,936.
• Another significant rise pushed the GALA token price to $0.379496 on Feb 09, 2022.
• Since then, GALA has kept the downtrend, and today, on Dec 06, 2022, each GALA token is traded at $0.026723626603, with a 24hr trading volume of $158,069,819.

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The following chart shows the GALA token price changes in the recent year.

Gala Financial Analysis

The key factor to consider before elaborating on Gala price prediction 2023, 2025 and 2030 is the Gala financial analysis that indicates GALA is currently held in about 261,238 wallets, recording around 2,611,182 transactions. Let’s see how GALA’s tokenomics works.

Gala Tokenomics

The total supply of GALA is fixed at about 50 Billion, about 7 billion of which are currently circulating, i.e., roughly 14% of the maximum total.

Every day, 17,123,286 GALA tokens are distributed, 50% of which is dedicated to the founder's node operators, and the other 50% is for the Gala Games conservatorship. Like Bitcoin, the Gala follows a halving cycle, happening every year on July 21. The following pie chart depicts the GALA token allocation.

ROI

ROI, or Return on Investment, is an indicator showing how a given coin has been profitable in various time frames. Currently,

• GALA's one-year ROI is -94.42%, meaning that your $100 investment in GALA tokens a year ago would result in losing 94.42% of your funds!
• GALA's one-month ROI is -30.28%.
• GALA's seven-day ROI is 8.32%.
• GALA 24-hr ROI is 5.3%.

While GALA has an annual ROI of -94.42%, similar projects have a yearly ROI of 1,893%!

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MarketCap

GALA is currently ranking #150 among all crypto projects, with a Market Cap of $194,452,120. Its current Liquidity Score is 62%, i.e., it’s not too hard o sell your GALA tokens in the current bear market. Its Circulating Supply is at 15% now.

ATH and ATL

GALA tokens’ current price is $0.02705571, which is 96.7% lower than its All-Time High of $0.824837, which happened on Nov 26, 2021. However, its current price is 19807.1% higher than its All-Time Low of $0.00013475, recorded on Dec 28, 2020.

Gala Token Fundamental Analysis

Another key factor to take into account before going to Gala price prediction 2023 is the token’s fundamental analysis, i.e., scrutinising the team behind the project and the popularity of the token on social media. We’ll cover both in the following sections.

Team

It’s a positive point to find a crypto project with known people holding the cords in the background. Gala has the following people on board, whose records you can follow on social media platforms, from LinkedIn to Twitter.

• CEO: Eric Schiermeyer
• CTO: Adam Price
• CMO: Jason Brink
• President of Games: John Osvald and Michael McCarthy
• COO: Sarah Buxton
• Senior Analyst: Jae (Byung Jae) Kim
• Full Stack Engineer: Randall Schmidt and Monica Beauchamp

Popularity

The popularity charts on Cryptologist visualise that Gala has seen an 8% increase on its Twitter account in the recent six months. Its growth on Reddit and Telegram during the same period has been 27% and 0%, respectively.

Why Is The Gala Price Going Down?

One reason for the Gala price’s downward trend is the bear market. These months many projects are experiencing significant price decreases. In the coming weeks, though, the Gala token can take one of two scenarios, either go up or come down.

If Gala loses the demand zone, which is verified as a support level, it’ll continue the downtrend. However, it’s possible for GALA to reclaim the broken supply zone, make it a support level and start the next leg up.

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Is Gala A Good Investment?

The Gala project can be an optimal long-term investment, especially with its current downward trend, if only you plan to hold the token and wait for the next bull run.

But don’t merely decide based on what you read on the Internet, as you need to weigh your options, set your priorities, check your risk capacity and follow a well-designed risk management strategy.

Summary

Here’s all you need to know about Gala Games, its blockchain innovations, and financial analyses. Gaming tokens are loved by both gamers and investors.

It’s never a bad idea to invest in a gaming token, but take heed that many scams come from this category of the crypto industry. Always do your own research and check Cryptologist to find all the must-know information in one place and make confident crypto decisions.

FAQ

Now that you’ve been through with all the must-know information about the Gala, it’s time to check out the most frequently asked question about this project.

What Is Gala In Crypto?

Gala is a gaming platform based on Ethereum, with the GALA token, an ERC-20 utility token, which can be used in the Gala Games ecosystem. The GALA token is the medium of exchange among Gala users, which can also be used to buy digital assets like NFTs.

Does Gala Coin Have a Future?

Gala price prediction 2023 and beyond indicates that the token is to bloom in the coming years, and 2025 and 2030 can be good years for this token.

Is Gala Good Coin?

The Gala coin can be a good investment option for long-term holders who actually love to use the coin per se in gaming and investing.