Gala Price Prediction 2023-2030
Current Price of Gala Token
Article Coverage: Gala Performance, Latest Gala News, Is Gala a Good Investment? Gala Technical Analysis, Gala Price Prediction Today, Where and How to Buy Gala and FAQs
|Metric||Last 24 Hours||Trend|
|Net Social Media Sentiment||11.7%||Lower|
Gala Token, Buy or Sell – Crowd Poll
Net Rating = Buy% – Sell%
- June 28th:+30.6%
- August 1st:+42.9%
- September 18th: +41.7%
- September 21st: +39.8%
- September 23rd: +38.5%
Gala Price Prediction: Is Gala a Good Investment?
Gala is a decentralized gaming platform built on the Ethereum Blockchain. The Gala platform offers a wide range of games designed to appeal to all types of gamers and allows users to buy, sell, or trade digital assets, including unique NFTs. The Play-to-earn market is expected to grow to $219 billion by 2024. It is probably less than $10 B in 2021. Interestingly, traditional gaming is still 60x higher than play to earn market. The Gaming market was worth $180 B in 2021.
GALA is a native token of the gaming platform Gala Games. It can be used to purchase games and make in-game purchases. Gala game is a part of the GameFi industry and functions on the Play2Earn model. Gala runs on Ethereum as well as Binance Blockchains.
- GALA is an ERC-20 utility token developed on the Ethereum network. It can be used within the Gala Games ecosystem for purchasing items, peer-to-peer payments, rewarding nodes, and more. Gala games have numerous NFT assets that can be traded using Gala Token.
- The Gala token has been built on the Ethereum network which helps the users to transfer the Gala tokens once they have full control over the network.
- GALA cryptocurrency can also be used as a reward to owners.
- GALA tokens can also be used to buy items within the games. It can also be used for upgrades and other in-game assets, and it is also used as a governance token.
Gala Plans for 2023
- Currently, there are 5 live games, and 40 Titles are under development with 12 to be launched in 2023
- A total of 22 Game genres will be covered
- A new in-game premium currency called Gems is to be launched for web-2 games
- Gala Music released 32 artists so far, Music Platform will be launched on March 28th
- Gala Films has 3 films ready to stream, Film Platform is to be launched middle of the year
- Gala’s L1 Blockchain will be fully functional this year
Performance so far
- Year to Date (2023): -19.1%
- Last 12 Months: -67.6%
- Since Launch: +837.1% (Source: Coinmarketcap)
Overall, Gala has been a Moderate case for Investment.
Gala Coin Price Predictions
Gala Price Prediction Today, Tomorrow, Week
- Gala Coin Price Prediction in the next 24 hours is between $0.0132 and $0.0137
- Gala Coin Price Prediction this week is between $0.0131 and $0.0135
|Overall Outlook||Partially Bearish|
|1. Market's Wisdom||Neutral|
|1a. Market Data||Neutral|
|1b. Technical Recommendation||Neutral|
|2. Crowd's Wisdom||Neutral|
|2a. Social Media Buzz||Higher|
|2b. Social Media Sentiment||Lower|
Gala Price Prediction 2023, 2025, 2030
Long-term price predictions are probably accurate from a directional point of view but unlikely to be precise in terms of the numbers forecasted. We compile forecasts from across the web and would strongly recommend focussing on the logic, structure, differentiation, and competition as analyzed earlier and later than the price itself.
- Gala is likely to begin recovery in the second half of 2023 as the overall economic climate improves further
- 2024 and 2025 may likely benefit Gala from a cyclical point of view which may also help in delivering newer gaming experiences. T
- Between 2025 and 2030, there is likely to be a mixed period with much higher adoption rates for play-to-earn platforms while also being negatively impacted by economic downturns (cyclical).
- Gala Coin Price Prediction 2023 is $0.0271
- Gala Coin Price Prediction 2025 is $0.0729
- Gala Coin Price Prediction 2030 is $0.201
Gala Games Acquisition of Ember Entertainment: Analysis
- Ember games have revenues of $7.6 million
- It has had more than 10 million downloads since 2012 and is in the top 1% of Android developers
- Some of its recent games have performed quite well
- Empire Z: Endless War launched in 2014 has more than 8.9 Million downloads (Rating: 4.13)
- Dragonstone launched in 2017 and has more than 100k downloads (Rating: 4.22)
- Meow Match launched in 2018 has more than 1 Million downloads (Rating: 4.6)
- Aquablast launched in 2020 has more than 100k downloads (Rating: 4.71)
- Dragon Strike launched in 2019 has more than 100k downloads (Rating: 4.41)
- Gala games plan to prioritize Dragon Strike and Meow match
No reliable metrics on Gala Games active players are available but here is what is publicly available
- There are an estimated 630 active players of 36.7k total player count
- 797 NFTs were sold in the last 7 days with a trading volume of 117k
Gala Crypto Prediction: Frequently Asked Questions
Will Gala Go Up or Will Gala Recover?
2022 wasn’t a great year for Gala Token. Its price fell by more than 87% in one year, given that it was priced at $0.32 in January 2022. However, 2023 saw three major pumps on the back of favorable announcements by Gala.
There is also the possibility that the economic environment will improve over the next few months which should also give Gala a big push.
How much will GALA crypto be worth?
As per the price predictions, GALA crypto can reach as high as $0.24 by the end of 2030 if the macroeconomic and liquidity factors remain in their favor.
What will GALA be worth in 2025?
Play-to-earn games are likely to grow over the next 3 years and Gala crypto is likely to benefit from that growth. Gala token is predicted to rise 5x to $0.116 during this period.
Does Gala Coin have a future?
Given the predicted growth of play-to-earn games and Gala’s pioneering role in it, it is highly like that Gala coin will have a good future over the next 8 years.
Why was Gala rising?
Acquisition of Ember Entertainment: Gala has shifted its strategy from trying to get consumers to use its tokens in its own game (Townstar) to acquiring games with existing engagement and loyalty. The strategy of acquiring high-engagement games has boosted Gala’s performance in recent days, as these games will naturally drive demand for Gala tokens, as opposed to forcing tokens into games without engagement and loyalty.
Detailed Game Plan for the year 2023: Gala released a detailed game plan for 2023 (detailed earlier) with an emphasis on platforms that will drive the usage of Gala Tokens substantially.
Market Level Pump: Not just Gala, all Tokens had pumped after the Fed’s report that Inflation had fallen below 7%. Gaming Tokens had been most negatively influenced by Fed Policies after inflation breached 6%
Will Gala Go Down?
As outlined earlier, Gala has pumped significantly over the last few weeks. It is likely to go down a little if there are no more market-level pumps.
Gala Token Price Prediction: How to Buy Gala?
Where to Buy?
Top 5 Exchanges
- Kraken – Kraken is a major cryptocurrency exchange that allows users to trade multiple cryptocurrencies such as Bitcoin, Ethereum, and others. It provides sophisticated trading tools, strict security requirements, and an easy-to-use interface.
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Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Cryptos or Stocks. Please consult a registered investment advisor to guide you on your financial decisions.