GALA Price Prediction: Gala Outlook Turns Positive, Time to Buy?

GALA Price Prediction: Gala Outlook Turns Positive, Time to Buy?

August 4th, Gala Price Prediction: The Current Outlook is Marginally Positive

August 4th

Latest Gala Token Price

GALA Performance Chart

Gala outperformed BTC, MANA, and ETH in the last 5 days. But in year-to-date comparison, it is one of the worst performing cryptos.

Time PeriodBTC MANAETHGALA
Last 5 Days-1.75%+0.79%-2.15%+10.4%
YTD-51.0%-69.3%-56.1%-86.7%

Gala Price Prediction: Today’s Outlook

IndicatorTrend
OverallMarginally Positive
Market’s Wisdom Positive
TechnicalBuy
Market Cap Higher
Trading Volume TrendLower
Crowd’s WisdomMarginally Positive
Google TrendHigher
Social Media BuzzLower
Social Media SentimentHigher

GALA Price Prediction and Forecast: Market Cap and Volume Data

MetricValueTrend
Market Cap Rank#92Higher
Current Market Cap $ 424 MHigher
Volume Traded in Terms of $$ 313 MLower

Read : Gala Price Prediction 2022

Gala Price Prediction: Technical Analysis Video

YouTube video

GALA Crypto Price Prediction: Google Search Trends

Interest level on Google for GALA is higher than yesterday.

VolumeTrend
Social Volume5.6KLower
Social Engagement19.0MLower

GALA Prediction: Net Sentiment

7 Days1 DayNet Sentiment
Social Sentiment ($GALA)+30.8%+54.4%Higher

Read Solana Price prediction

Gala Price Prediction: How many Gala Token Holders are in Profit?

Holders Making Money at Current Price

DateHolders Making MoneyHolders Losing Money
August 4th21%75%
August 3rd22%75%
August 2nd22%75%
August 1st17%77%

Holders Composition by Time Held

Greater Than 1 Year7%
1-12 Months82%
Less than a Month11%

GALA Price Prediction: Latest Tweets

Conquerooor – KA 🎯 on Twitter: “$GALA still not looking bad, if it manages to hold above the red, 0.74 could make a decent target#gala #crypto #altcoins (all long setups are invalid is $ES starts nuking) pic.twitter.com/3p7eFp4b8j / Twitter”

GALA still not looking bad, if it manages to hold above the red, 0.74 could make a decent target#gala #crypto #altcoins (all long setups are invalid is $ES starts nuking) pic.twitter.com/3p7eFp4b8j

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 purchases and sales inside the game are viewed as commerce in 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?

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:

  1. Finding a crypto exchange that sells GALA
  2. Create an account with the Exchange
  3. Verify your identity
  4. Fund the Wallet
  5. Make the Purchase

Few of the important exchanges offering GALA are:

GALA Coin Price Prediction

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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