GALA Price Prediction: Gala Outlook Improves, Up by Over 7% in Last 5 Days
March 23rd, Gala Price Prediction: The Current Outlook is Positive (Positive: 67%, Negative: 17%).
2 analysts
How well has Gala performed versus other Cryptocurrencies?
Gala is one of the best performing cryptos in the last 5 days. However, in year-to-date comparison it is underperforming against Shiba, BTC, Mana and ETH.
| Time Period | BTC | Decentraland Mana | Ethereum | Gala | |
| Last 5 Days | +0.6% | -0.2% | +0.8% | +7.2% | |
| YTD | -11.7% | -26.8% | -21.3% | -46.5% |
| Insights and Observations, March 23rd Gala has had a difficult year so far with short periods of pumps including today. However, in the last five days it is one of the best performing crypto. |
Table of Contents
Gala Price Prediction: Today’s Outlook
| Indicator | Trend | |
| Price (Last 24 hours) | Higher | |
| Technical | Buy | |
| Market Cap Rank | Higher | |
| Trading Volume | Higher | |
| Google Search | Lower | |
| Social Media Buzz | Steady |
GALA Price Prediction and Forecast: Market Cap and Volume Data
| Metric | Value | Trend | |
| Market Cap Rank | 59th | Steady | |
| Current Market Cap | $ 1.71 B | Higher | |
| Volume Traded in Terms of $ | $ 837 M | Higher |
Also Read: Gala Price Prediction 2022
GALA Price Prediction and Forecast: Technicals
Gala Price Prediction: Technical Analysis Video
Google search queries: Gala search queries have decreased significantly over the same time yesterday.
[Please move the cursor to the chart to see the latest value and compare it with the same time yesterday]
GALA Crypto Price Prediction and Forecast: Social Media Trends
| LunarCrush Statistics | Rank | Trend | |
| Social Volume | 136th | Higher | |
| Social Engagement | 119th | Lower |
Gala Price Prediction: How many Gala Token Holders are in Profit?
As per the data by IntoTheBlock
Holders Making Money at Current Price
| Date | Holders Making Money | Holders Losing Money | |
| March 23rd | 31% | 61% | |
| March 19th | 33% | 61% | |
| March 2nd | 25% | 67% |
Holders Composition by Time Held
| Greater Than 1 Year | 7% | |
| 1-12 Months | 76% | |
| Less than a Month | 17% |
GALA Price Prediction: Latest Tweets
Originally tweeted by DJ Bravo Crypto (@DJBravoCrypto) on March 23, 2022.
#GALA LONG TRADE UPDATE: Updated the chart to include some kind of symmetrical triangle that is forming since moving out of descending channel. The set-up is there for movement to the upside #altcoins #altcoinseason #crypto
Originally tweeted by Altcoin Fear and Greed Index (@AltcoinFGI) on March 23, 2022.
Gala Fear and Greed Index is currently 44 – MILD FEAR
Current #GALA price is 0.24154711546552332 usd
Current market cap is 1,685,323,847 usd
24h trading volume is 851,838,258 usd#Altcoin FGI live analysis for top 100 #cryptocurrencies
Read: SHIBA INU Price Prediction
Can Gala Reach $10?
The Play to earn market is expected to grow to $219 billion by 2024. It is probably less than $10 B in 2021.
Gala is a play to earn gaming platform that is based on the network of Ethereum ERC-20. On Gala, using blockchain and NFTs, players can win verified assets and then trade them with other players.
GALA has managed to reach an ATH or an All-Time-High price of $0.83 in 2021. It has since fallen but is predicted to reach $0.42 by the end of this year.
Gala’s current price is 0.21 and a market cap of $1.5 Billion. If Gala were priced at $10, the market cap would be $48 Billion. The Play to earn market is predicted to increase by 20 fold over the next 3 years. Even if one were to assume the estimates were off by 2-3 years, Gala could be priced anywhere between $6-$10 dollars by 2027. So the answer to the question Can Gala Reach $10 is Given the explosive growth in Play to earn games, Gala can easily reach $10 in the next 4-5 years.
Another interesting way to look at Play to earn games is to look at each gaming platform as a tiny country and purchase and sales inside the game viewed as commerce inside the game. When reframed this way, Game Tokens like Gala have a much brighter future than most Meme and Alt Coins.
GALA Coin Price Prediction: Is Gala Crypto a Good Investment?
One could say in General that Gala Crypto is a Good Investment. However, it is difficult to say it a Good Investment today as it has just run up by 100% in the last 7 days. Why is Gala Crypto a good investment?
- It is a Metaverse Coin. Metaverse Coins have a far clearer business model than most Alt Coins
- Gala Games is also unique because enables players to earn while playing. This attracts more players and has higher brand loyalty
- Gala Chain may be released this year bringing down network costs
- Its price at the moment is significantly lower than its ATH (0.82)
- It is repeatedly recommended in most Metaverse Crypto lists
- Gala Games has some excellent partnerships – Ozys, C² Ventures (100 M Fund)
Do your own research on TradingView
GALA Coin Price Prediction and Forecast: GALA Where to Buy?
GALA is gradually becoming one of the most popular cryptocurrencies. There has been a rapid rise in demand for GALA. Here is the steps to buy GALA:
- Finding a crypto exchange that sells GALA
- Create an account with the Exchange
- Verify your identity
- Fund the Wallet
- Make the Purchase
Few of the important exchanges offering GALA are:
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 Stocks. Please consult a registered investment advisor to guide you on your financial decisions.
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