GALA Price Prediction: Gala Outlook Improves, Up by Over 7% in Last 5 Days
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%|
|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.
Gala Price Prediction: Today’s Outlook
|Price (Last 24 hours)||Higher|
|Market Cap Rank||Higher|
|Social Media Buzz||Steady|
GALA Price Prediction and Forecast: Market Cap and Volume Data
|Market Cap Rank||59th||Steady|
|Current Market Cap||$ 1.71 B||Higher|
|Volume Traded in Terms of $||$ 837 M||Higher|
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
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|
Holders Composition by Time Held
|Greater Than 1 Year||7%|
|Less than a Month||17%|
GALA Price Prediction: Latest Tweets
#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
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
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)
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.