GALA ($GALA) serves as the primary utility token for Gala Games, playing several crucial roles within the ecosystem. It functions as the principal token used to acquire NFT items, serves as the reward for operators of Founder’s Nodes for maintaining their nodes, and acts as the gas token, covering network fees on Gala’s blockchain.
Each day, 50% of the total GALA emission is allocated to Founder’s Node operators, while the remaining 50% is directed towards the Gala Games conservatorship. These funds are set aside to support future ecosystem growth and potential project funding.
Gala Games was established by a team of industry-leading game developers who united with the aim of restoring value to players through the integration of Web3 and blockchain technology. The founders recognized significant issues in the prevailing model, where major game publishers continually require players to make ongoing expenditures to enjoy their favorite games.
Departing from this outdated approach, Gala Games is building an expansive platform featuring AAA-level games, many of which are free to play. This initiative is designed to provide players with increased freedom, control, and rewards.
With numerous Web3 games, including well-known intellectual properties, either in various stages of development or already released, Gala Games is positioned to evolve into a Web3 gaming ecosystem substantial enough to compete with mainstream platforms.
Price Live Data
The current price of Gala is $0.018503 USD, and the 24-hour trading volume stands at $124,314,134 USD. We provide real-time updates for the GALA to USD exchange rate. Over the last 24 hours, Gala has experienced an 8.17% decrease.
Gala is currently ranked #75 on CoinMarketCap, with a live market capitalization of $470,254,839 USD. It has a circulating supply of 25,415,535,106 coins and a maximum supply of 50,000,000,000 coins.
Gala Price Forecast 2023–2025
Cryptocurrency growth in 2023 is anticipated to be relatively slow, with Gala Coin showing significant long-term potential. According to our Gala Coin price projection, it has the potential to reach a maximum price of $1.87 by 2023.
In the event of a bullish rally during 2023, Gala Coin prices could surpass our initial forecast. However, the expected average price for the coin in 2023 is approximately $1.29, while the minimum price could potentially drop to $0.98 if a bearish trend prevails.
Looking ahead to 2024, Gala Coin’s maximum trading value is estimated to be around $0.085. If market conditions align with our expectations, the average price could hover around $0.12, and the minimum price level might dip to approximately $0.063 in 2024. As per our analysis, Gala Coin’s price may once again exceed the $0.2 mark if a robust bullish market trend unfolds in 2024.
In the context of 2025, Gala Coin prices may reach a new all-time high (ATH), with an average price projection of around $5.85, contingent upon market trends.
Our maximum price prediction for the coin in 2025 is $6.13, while the minimum price level is anticipated to be approximately $4.71. If the market experiences a surge in bullish sentiment, then the coin may outperform our initial price forecast for 2025.
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