Gala Price's Prediction for 2022, 2025, and 2030
09 Sep, 2022
Gala Price's Prediction
As the whole cryptocurrency industry gains more traction, more of its services and products are integrated into our daily lives. One of the latest trends is games built on blockchains. As a trader, identifying the next big project like Axie Infinity can allow you to become financially free or increase your crypto portfolio in the long or short term. GALA is one of the crypto projects that fit this description. Continue reading to learn more about Gala Price Prediction.
What Is Gala Crypto?
The Gala Games utility token is called the "Gala coin." Gala Games is a play-to-earn crypto game that allows its users to earn GALA while playing the games on the blockchain. Gala Games is a decentralized blockchain-based gaming project built on the Ethereum blockchain and later adopted on the Binance Smart Chain.
It can also be called a metaverse project because it's still developing games that feature virtual and augmented reality elements. As a result of its collection of games built on both the Ethereum and BSC blockchains, the GALA coin has both ERC-20 and BEP-20 token representations. By giving players more say in how they play—a more decentralized gaming experience—Gala Games hopes to reshape the gaming industry by allowing users to determine the direction of their favorite games.
Furthermore, because the players own all in-game assets like NFTs and items, it is no longer necessary for them to purchase character skins, in-game items, and other in-game assets using their own money. Gala Coin is the core currency used in the Gala Ecosystem for all in-game asset transactions.
Gala Games is a collection of games. It is a collection that includes a diverse range of blockchain games that prioritize entertainment. All games are realistic and accommodating, enabling participation at all skill levels. As players own any items they obtain or buy in-game, they also incorporate the use of NFTs. Gala Games has released one playable game, Town Star, and a VOX NFT collection series.
Future game releases are planned, including fantasy RPGs, sci-fi strategy games, and tower defense games. Below are the future games that are still in conception and development.
The next ten games are currently in development: Fortitude (tower defense), Grit (battle royale), Battlestar Galactica (4x), Eternal Paradox (RPG), Superior (3rd-person shooter), The Walking Dead: Empires (MMORPG), Legends Reborn (card/strategy), Mirandus (fantasy RPG), Legacy (business simulation), and Echoes of Empire (4x).
Town Star and Spider Tanks are two games in the beta version.
Town Crush game (Match-Three) is undergoing testing.
One game is up for node vote, which gives Gala ecosystem users a say in how it develops. This game is Last Expedition (FPS).
Users can use Gala Coin in the Gala Games ecosystem by operating a Gala Node, a core part of Gala Games. Players can choose which games Gala should create and which ones should receive funding through the Nodes voting system. The project aims to return all gaming control and decisions to the community.
How to Buy Gala?
We have various choices to select from in purchasing cryptocurrency. There are numerous cryptocurrency trading platforms where the GALA coin is listed. You can buy the GALA coin from centralized and decentralized trading platforms while knowing the platforms' Gala coin price prediction. For centralized trading platforms like Binance, Coinbase, FTX, Kucoin, etc., you must open an account on the centralized platform of your choice.
After your account creation and the verification of your identity, learn how the trading platform works, then choose how you want to buy GALA. There are various ways to deposit money into an account, and you could use a debit card or a bank deposit. Most trading platforms allow peer-2-peer trading and third-party payment methods. After you are done, determine the amount you want to buy and finalize your GALA purchase.
You don't have to experience all this hassle with decentralized trading platforms. All you need is a DEX that supports GALA trading and a wallet like Trustwallet, where you can store your crypto after buying. If you don't have a wallet, create one and connect to the appropriate decentralized trading platform. Sushiswap is an example of a DEX where you can buy Gala coins. Deposit into your wallet, and you are set to buy.
Gala Price History
Although the project is trading at a low level, it is not the only one, as the entire cryptocurrency market is red due to numerous economic and political factors. While 2022 has not been suitable for Gala because it's down nearly 94% from its all-time high price of $0.8367, it wasn't always like that; in 2021, it experienced a meteoric rise and grew by 38,211.688% over the previous year, eight months, and one day.
After its launch price of $0.0014 on September 18, 2020, the GALA token struggled throughout the rest of the year to move past that point. By December 28, 2020, the coin had dropped to an all-time low of $0.0001.
Then, with more partnerships, innovation, and the project gaining the attention of investors and venture capitalists, combined with the bullish run of 2021, the coin reached its all-time high of $0.8367 on November 26, 2021. While the Gala price prediction was set to break the one-dollar ($1) threshold, it did not happen. Following a significant market correction and people taking profits for the holidays, it started the year 2022 with a price of $0.46 before falling to $0.19 after experiencing a bearish run that affected the whole crypto market. It maintained price momentum between $0.19 and $0.3 until May 12, when it dropped to $0.06 as the entire crypto market experienced a significant price correction.
From May to July, its price ranged between $0.05 and $0.06, and experts believe the Gala crypto price prediction could see further upward movement if it completely breaks the price resistance at $0.067. If not, the potential for a bearish trend may be more prominent now, though it may eventually appreciate even further.
The Gala price prediction as of this writing indicates a bullish momentum for Gala in the coming months as far as the crypto market continues to rise. The current price of Gala is $0.052, and the 24-hour trading volume is $140,170,735. It is currently ranked #92 on coinmarketCap and has a market capitalization of $366,708,484. While its total supply of 35 billion GALA has not been verified, its circulating supply of 6.98 billion GALA has been confirmed.
Gala Forecast for the Long Term
The long-term gala price prediction is very bullish because of the nature on which the project is based. The Gala Games is a collection of games and NFTs, including play-to-earn games and metaverse games, and it was developed to completely transform the gaming industry. As the adoption of Gala games continues to grow, the more the Gala coins increase in price since players must use them to participate in and perform any in-game transaction in various games on the Gala games platform. The future bullish rise of the Gala coin is evident, given the booming gaming market.
Gala Price Prediction 2022
The Gala coin is currently trading at $0.052. Due to economic and political factors like the FED rate, inflation, and Russia's war on Ukraine, the cryptocurrency market is currently downtrending. And it is less likely to end soon, so there are high possibilities that the Gala coin price prediction will plummet lower than it is currently trading. The year could end with a gala price prediction of $0.02, and it could also end higher than that price, but it is improbable for the gala coin to break the $0.1 upper limit this year.
Gala Price Prediction 2025
Volatility drives the cryptocurrency market, and the Gala price prediction for 2025 is difficult to predict, especially if the market is uncertain whether it will be bullish or bearish at that time. If the market experiences a strong bull run in 2025, the price of Gala could surpass $0.3. Given that long-term holders are anticipated to hold it, its typical price in 2025 will be close to $0.2.
Gala Price Prediction 2030
Although 2030 is still a long way off, the cryptocurrency market is about to enter a new era due to the large number of creative ideas emerging in the sector. The fact that the metaverse trend is growing and investors are searching for the next big thing to invest in indicates that the long-term Gala price prediction will soar. There is still hope that the project will attract more interest from investors because it is a free play-to-earn game and because of its more decentralized nature.
Gala games have a lot to offer, and with the right partnerships, collaborations, and innovations, user and adoption numbers could rise. It may have a minimum value of $1 by 2030, and it will be traded at a reasonable trading price of $1.30 and has a possible ATH price of $1.70. So, you can anticipate that in 2030, the price of GALA will be approximately $1.50.
Should You Invest in Gala?
It's not a straight yes or no answer. Several factors, including your individual preference, risk tolerance, portfolio size and objectives, and experience in the cryptocurrency market, will determine whether you should invest in GALA.
Since releasing updates on the different projects they are working on, as well as the launch of the Town Star Game and VOX NFT collections, Gala Games has experienced recent success. Gala Games is currently working on close to 10 different games and numerous other NFT collections, so it's obvious they are building something special. You could consider this when deciding whether you should invest in GALA.
Due to the high risk and volatility of cryptocurrencies, you should research before deciding whether the risk is worthwhile. Never trade or invest money that you cannot tolerate losing.
What Is the Future of the Gala Coin?
The Gala coin is the core of the Gala Games ecosystem, so if it performs well and is adopted by its community, investors, and the crypto market in general, then the Gala coin price will also surge upwards. The Gala Games are part of the metaverse trend, one of the most innovative ideas of this decade in the cryptocurrency and gaming industries.
Since Facebook's CEO changed the company's name to Meta, which shows the metaverse direction in which they wish to start development, most investors have begun to focus on metaverse projects. If Gala Games can stand out among other projects, the Gala price prediction is definitely bullish.
Above are the Gala crypto price predictions for 2022, 2025, and 2030. Although this article is based on research from experts and factual analysis, all investments involve some level of risk. Gala, like all other cryptocurrencies, is a high-risk investment. Even though the project has a strong use case, well-designed tokenomics, an engaged community, a strong team, and good venture capitalists behind it, there are still many external factors that could affect the future gala coin price prediction, such as the crypto market generally, the introduction of a similar competitive project, innovative project alternatives of the Gala projects, etc. It is still in your best interest to remember that you should do your research before investing in any cryptocurrency (DYOR).