UPDATE February 03, 2023
Durinng this Bear Market Gala has dipped to 6 cents per token. So the question at this poing should be, do we think with all the projects they have in the pipeline that they can reach their all time high of 75 cents anytime soon?
I certainly believe they can and that would 12X on your money. We are currently buying Gala and dollar cost averaging our orginaly investment.
Gala is one of the Metaverse tokens I am consitently buying along with Polygon, Mana, & Sandbox for long term holds. At the time of this writing Gala is a twenty five cent token, and some experts predict it could grow as high as $10.00 in a few years. My plan is simple for all these Metavers play to earn type tokens. Buy all I can now at the current price. When the price doubles, in the case of Gala, goes up to around the 50 cent mark sell 1/2 and recoup most of my initial investment. Then ride the wave.
Can Gala Reach $10?
The Play to earn market is expected to grow to $219 billion by 2024. It is probably less than $10 Billion 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 0.25 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, many believe 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)
Do your own research but Gala is one of our favorite Metaverse coins.
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: CMG CRYPTO’s 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 decision
What is GALA, the Native Token of Gala Games
Posted byDappRadarApr 21·3 min read
Other categories related to this article:Games
A full explanation of what is and what is to come for Gala Games and the GALA token
The GALA token exists to power the Gala Games ecosystem as a payment method as well as a reward for contribution to a decentralized gaming network. Gala Games is a gaming company that wants to empower gamers by giving them ownership, fully utilizing NFTs and token economies in top-notch games. All powered by the native GALA token.
- Gala Games (GALA) is a games publisher and developer. They use the GALA token as a payment option for NFTs and as a reward for contributors.
- GALA and the Gala Games ecosystem initially launched on the Ethereum blockchain but have now expanded their token to BSC.
- Ultimately they will launch their decentralized network, currently dubbed GalaChain or Project Gyri.
- Gala Games doesn’t look at GameFi but wants to add play-and-earn mechanics to games that ‘normal gamers’ would play.
- Gala Games signed partnerships with Peter Molyneux (Fable, Black & White), Will Wright (The Sims, Simcity, Spore), and Certain Affinity (Halo Infinite, Halo: The Master Chief Collection).
Introduction to Gala Games and GALA
Gala Games was founded by Zynga’s co-founder Eric Schiermeyer. Former Farmville lead-designer Michael McCarthy leads the development of in-house projects like Town Star and the upcoming MMORPG Mirandus. Ultimately Gala Games wants to empower gamers through blockchain technology, by making them part of the ecosystem. Players can buy NFTs, become part of the foundation of a game project, and benefit from future success. At the same time, new players can earn from their in-game activity. GALA plays a key role in all of this. about:blank
Furthermore, GALA will become the native token of an unnamed blockchain ecosystem powered by the users of the Gala Games ecosystem. Users can use their Gala Games account to purchase a license for a node using GALA tokens. These thousands of nodes will become the Gala Games network by the community labeled as the GalaChain. Internally they refer to the upcoming chain as Project Gyri.
Again, GALA will become the reward and driving force behind this network. At the same time, Gala Games expands its footprint into other entertainment industries through its sister organization Gala Labs. For example, they work on Gala Music, a decentralized music distribution and streaming platform.
GALA going multichain
Originally GALA only existed on the Ethereum network. However, as high gas fees hampered Ethereum, Gala Games had to make some changes that would ultimately benefit both them and the end-user. Therefore they made GALA to BSC, allowing users to trade the native GALA token against low fees on for example, PancakeSwap.
The native GalaChain is core to the multichain future of Gala Games and the GALA token. They want to allow users to bridge their GALA from GalaChain to for example, BSC, Flare Network, Polygon, NEAR, and other blockchain ecosystems the team is talking to.
The gaming vision for Gala Games
We all know those simple GameFi games where you do something and have to wait before you can make the next steps. These games are slow and not that much fun. Gala Games wants to become a gamer centric platform where the fun comes first and the play-and-earn mechanics come second. Town Star is a challenging and competitive farming game, Mirandus will become a complete MMORPG, and Spider Tanks is a team-based MOBA game.
At the same time, Gala Games works with existing game studios. With Will Wright and Peter Molyneux, they attracted legendary game designers with millions of sales under their belt. They made games like Simcity, The Sims, Fable, and Black & White. Certain Affinity is currently working on a game called Last Expedition. These developers have been involved in various online multiplayer shooters like Call of Duty and the Halo series.
Gala Games and their GALA token want to position themselves as the biggest AAA blockchain game publisher on the market. They are not building passive games or GameFi projects but games every gamer wants to play. But then, these games are enhanced with NFTs and play-to-earn economies.
Bill Gates’ Shocking Metaverse Prediction
Microsoft (NASDAQ: MSFT) founder Bill Gates is bullish on the metaverse.
And he says it could change the way we live and work.
Metaverse cryptos have seen 12-month returns as high as 50,829% – turning $500 into over $254,645!
Go here ASAP for urgent details on my #1 metaverse crypto trade.
What is the Metaverse?
The metaverse refers to the next version of the internet. The name refers to online 3D virtual environments – and can use augmented reality, virtual reality, avatars and video.
These new digital worlds allow people to “live” online – working, playing, and interacting.
The term went mainstream this fall when Facebook (NASDAQ: FB) renamed itself Meta Platforms.
Bill Gates Big Prediction
Bill Gates shared a blog post with his biggest predictions for this year.
He says that the pandemic resulted in major changes to the way in which people work. And that these changes will continue for years to come.
Here’s Bill Gates’ bullish view of the metaverse:
“Within the next two or three years, I predict most virtual meetings will move from 2D camera image grids… to the metaverse, a 3D space with digital avatars. Both Facebook and Microsoft recently unveiled their visions for this, which gave most people their first view of what it will look like.
The idea is that you will eventually use your avatar to meet with people in a virtual space that replicates the feeling of being in an actual room with them.”
Microsoft already has plans to embrace the metaverse with 3D avatars and immersive virtual meetings. And Meta Platforms is also betting billions on new digital worlds.
Now it’s time for YOU to make sure that you’re positioned to profit as well (go here to get started).
It’s possible that shares of Microsoft and Meta Platforms will get a lift from the metaverse initiatives.
However, their gains will probably be tiny compared with the returns from digital currencies for these new virtual worlds.
What’s the best way you could profit?
Metaverse worlds are typically powered by altcoins. These digital currencies are used to conduct transactions in a virtual world – such as buying clothes for an avatar, buying a house or land in a virtual world, or a ticket to a virtual concert.
That means the price of a crypto is directly connected to the popularity of a specific metaverse. And as these new worlds grow – the value of their currencies grows too.
Check out how it sent a select group of altcoins soaring in 2021:
- 4,379% gains in Decentraland
- 14,629% gains in Sandbox
- 50,829% gains in Gala
And several of them are still delivering big returns this year.
For example, one altcoin recently jumped 120% in the last 30 days.
Another one has soared a whopping 2,460% so far in 2022.