GALA Price Prediction: Gala Outlook Improves, Up by Over 7% in Last 5 Days

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

Latest Gala Token Price

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 PeriodBTCDecentraland ManaEthereumGala
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.

Gala Price Prediction: Today’s Outlook

IndicatorTrend
Price (Last 24 hours)Higher
TechnicalBuy
Market Cap RankHigher
Trading VolumeHigher
Google SearchLower
Social Media BuzzSteady

GALA Price Prediction and Forecast: Market Cap and Volume Data

MetricValueTrend
Market Cap Rank59thSteady
Current Market Cap $ 1.71 BHigher
Volume Traded in Terms of $$ 837 MHigher

Also Read: Gala Price Prediction 2022

GALA Price Prediction and Forecast: Technicals

Gala Price Prediction: Technical Analysis Video

YouTube 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]

LunarCrush StatisticsRankTrend
Social Volume136thHigher
Social Engagement119thLower

Read Solana Price prediction

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

As per the data by IntoTheBlock 

Holders Making Money at Current Price

DateHolders Making MoneyHolders Losing Money
March 23rd31%61%
March 19th33%61%
March 2nd25%67%

Holders Composition by Time Held

Greater Than 1 Year7%
1-12 Months76%
Less than a Month17%

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

FOg1JufVkAApJmF

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

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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?

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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