Which is better? MANA or GALA?
|Which is better? Mana or Gala?: Land holders in Decentraland have the ability to modify their land at their will and sell it to others, however, the same cannot be done in Gala Games.|
Which is better? Mana or Gala?
GALA: It is the native token of the gaming platform Gala Games. It can be used to purchase games and make in-game purchases. Gala games is a part of GameFi industry, and functions on Play2Earn model. Gala runs on Ethereum as well as Binance Blockchains.
MANA: Decentraland on the other hand is operating on the Metaverse model, wherein people can purchase virtual land using LAND (an NFT Token). You can also sell the land that you own to someone else and earn fiat money in the process. Mana only runs on Ethereum’s ERC-721 blockchain. Decentraland is now considered to be the next Minecraft (a better version) since land holders can modify the land and make real time purchases using MANA.
- Decentraland is a single game, but Gala is a multi-game platform.
- Decentraland users can interact with each other and shop in stores using MANA. GALA on the other hand can only be used to either purchase games or make in-game purchases which are boosters or shortcuts to advance in the game.
- Land holders in Decentraland have the ability to modify their land at their will and sell it to others, however, the same cannot be done in Gala Games.
Performance Chart of the last 90 Days: GALA
Performance Chart of the last 30 Days: GALA
Performance Chart of the last 5 Days: GALA
Interpretation: GALA has lost more than 70% of its value in the last 3 months, it did witness some stability in the 30-day chart, but that was substantiated by the rise in the last 5 days, since GALA has risen 13+%.
Performance Chart of the last 90 Days: MANA
Performance Chart of the last 30 Days: MANA
Performance Chart of the last 5 Days: MANA
Interpretation: MANA has lost more than 50% of its value in the last 3 months, though the last 30 days have been optimistic for MANA as it rose more than 7% which was substantiated by further increase in the last 5 days.
Conclusion: MANA has performed better in comparison with GALA, even though they both have declined. The dominance of Metaverse company over a gaming company is highly unusual, but this is the case. Additionally, the Market Cap of Decentraland is 4.3X of Gala, which supports the argument that MANA has greater value compared to GALA.
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.