Gala (GALA) Price Prediction 2023, 2025, 2030: Will GALA Reach $1?

Does it interest you to know the Gala coin price prediction? For most people, the answer is yes. Gala (GALA) is the native utility token for the blockchain-based gaming platform Gala Games. In this article we’ll take a close look at the latest Gala price prediction for 2023, 2025 and 2030, and its potential prospects as a long-term investment.

At the end of this review, a clear picture will emerge as to how high GALA will go. We will try to answer these frequently asked questions: Will GALA reach $10? Is Gala crypto a good investment or what will Gala be worth in 2025?

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Before getting deeper into the Gala coin price prediction and discussing numbers that might get you bored for no reason at all, let’s take a look at Gala’s basic overview, its fundamentals and price history.

Gala (GALA) Overview

What is Gala?

Gala Games is an Ethereum-based blockchain gaming project that aims to make online gaming more decentralized, returning the control over their gaming experience back to the players.

Unlike other projects, the Gala network utilizes a triple consensus mechanism consisting of proof-of-work, proof-of-stake, and proof-of-storage algorithms. Its native token GALA is used to purchase in-game items and unlock exclusive content. The token can also be earned through running Gala Nodes. The GALA Node is computer software. Forming part of the Gala ecosystem, it maintains cryptography and enables secure transactions between Gala Games’ users.

Users can use GALA, Ether (ETH) or Basic Attention Token (BAT) to purchase Gala Nodes, which gives them voting rights on how to use the funding and which games will be published next on the platform. This process is also known as the Founder’s Nodes voting mechanism, allowing players to have their say on changes to the Gala ecosystem.

Gala games are not a single game, but more of a set of games united by the same idea. The majority of these games have an NFT or Metaverse theme, and users must either build something or utilize NFT to win. Additionally, there is an NFT store that offers a variety of in-game items divided into six rarity classes.

In the long run, Gala Games is planning to establish multiple game studios that will each work on multiple games, creating a steady stream of NFTs which will get dropped to the node network in order to incentivise the system and keep it stable.

Latest Gala News

• Gala Games has proposed a new Node-Based Cumulative Lifetime Points (NCPL) system for Founder’s Node operators. The new system would reward nodes for their long-term participation in the Gala Games ecosystem, rather than just their initial investment. It also suggests unlocking Node NFTs for increased user control. This is not a formal proposal, but an invitation for community discussion on ecosystem restructuring, facilitated by a Google Sheet for variable exploration.

• Gala Games announced that a new web3 social network called Rep is moving from Near to GalaChain. The platform will be hosted by a network of Rep Nodes and will be fully integrated within the Gala Games ecosystem. With Rep, you’ll have true ownership of your data, be able to interact with Gala Friends, and participate in treasure hunts.

GALA Price History

Now let’s take a quick look at the GALA price history. While past performance should never be taken as an indicator of future results, knowing what the crypto has done in the past can give us some much-needed context when it comes to either interpreting a Gala price prediction or making one of our own.

The GALA token started to gain traction in September 2021, after being listed on the Binance (BNB) and Bibox crypto exchange platforms in the middle of the month. Its price surged to $0.113 on 23 September 2021, up more than 500-fold from its previous all-time low of $0.00022 on 28 December 2020.

News on 15 November 2021 that the company would release its first limited supply of Game Node licences for Town Star boosted the GALA token threefold, up from $0.13 on 15 November 2021 to $0.37 a week later.

The token’s price managed to keep a steady growth pace and surged to $0.84, still its all-time high, by 26 November 2021, after the announcement of the release of a new series of its VOX NFTs.

Success, however, did not last long for the Gala Games crypto, despite the general hype surrounding play-to-earn platforms.

Since 15 February 2022, the GALA crypto price has been falling, despite endorsements from the likes of Snoop Dogg and Paris Hilton.

On 12 May 2022, after the Terra LUNA crash, GALA fell to a low of $0.04944. After that, it made something of a recovery, reaching $0.07253 on 13 August before falling back down again to a low of $0.03161 on 21 October.

A combination of the news about Skaggs’s hiring and growing interest ahead of the launch of Spider Tanks saw GALA reach a high of $0.0441 on 31 October. After that, though, one single wallet appeared to mint more than $1bn worth of GALA out of nowhere, prompting fears of a rug pull.

While Gala Games moved to reassure investors, tweeting that its system “was not hacked, breached, or exploited in any way,” as pNetwork, the system which allowed GALA to operate on the BNB Chain (BNB), formerly known as Binance Smart Chain, claimed it had carried out a so-called white hack attack to check how safe the platform was, the price collapsed to $0.02837 on 3 November, before it recovered somewhat to around $0.03485 on 4 November.

After that, though, GALA was hit by the collapse of the FTX (FTT) exchange, and dropped to a low of $0.01555 before closing 2022 at $0.01666.

Current GALA Price Analysis

The bullish rally for Gala began in early 2023 when the price started to rise from a low of $0.016 level. This move caused a rally of 287% and led to the formation of yearly high at $0.063 on 28 January. Since then, however, Gala price has been in a bearish momentum. Bulls tried to push price above $0.06 level but bears were not in favour of the move.

In June, the crypto currency price finally gained enough bearish momentum to shatter the support of $0.030.

At the time of writing, GALA is trading at $0.027 with a market capitalization of $596,960,056, ranking #69 amongst all cryptocurrencies by that metric. In the past 24 hours, the price of GALA has decreased by 1.50% with a trading volume of $87,562,067.

Analyzing the technical indicators, if bears shatter the recently formed support, the price may head to the immediate support level of $0.024.

For the comeback of bulls in the market, price needs to gain bullish momentum and rise above $0.05 level. Gala prices would have faced many hurdles before reaching an annual high.

Now let’s move on to the Gala crypto price prediction for 2023 and beyond.

Gala Coin Price Prediction 2023, 2025, 2030

We’ve covered most of the important things you need to know about Gala before considering the Gala crypto prediction. If you are really interested in investing in the coin, this is the time to be more attentive. Do note, however, that predictions are not a substitute for your own research and due diligence.

Detailed below is a brief overview of our Gala crypto price prediction for 2023, 2025 and 2030, ensuring you have a rough idea of the coin’s value potential:

Gala Price Prediction 2023

If the NFTs and metaverse sector could further flourish in the crypto sphere in 2023, it would bring impetus to the price action of Gala.

As per our Gala price prediction 2023, Gala coin is expected to reach a possible high of $0.041 by the end of 2023. The minimum price could be $0.032, with an average price of $0.035.

Gala Price Prediction 2025 

If the platform welcomes a thriving userbase and a spike in the rate of adoptions and collaborations, GALA might see impressive growth throughout 2025.

Our Gala price prediction 2025 forecasts that at the very highest, Gala crypto price may reach $0.076 by 2025. On the flip side, if Gala Games fails to commit to its expectations, the price might slip down to $0.064, with an average price of $0.066.

Gala Price Prediction 2030 

The Gala ecosystem is actively growing with new users and may remain viable in the long term. Our GALA price prediction 2030 forecasts that GALA coin is expected to trade between $0.139 and $0.150 in 2030.

Changelly made a more bullish Gala coin price prediction 2030, estimating that Gala could trade between $0.43 and $0.53 in 2030, based on its deep AI-assisted technical analysis.

Here, it’s worth pointing out that 2030 is still a long way away. 7 years down the line, the crypto market could be affected by a host of different events and updates, each of which is difficult to ascertain. Ergo, it’s best that predictions like these are taken with a pinch of salt.

Gala Crypto Price Prediction Conclusion: Is Gala a Good Investment?

Overall, Gala Games will continue building up its platform and offerings in the future, with the ultimate goal of becoming the world’s largest decentralized entertainment ecosystem. The success of Gala will depend on its ability to grow its user base, attract developers, and build its platform.

There is a variety of reasons why Gala may be a good investment. First, the token is still relatively new, so there is potential for price appreciation. Second, the company behind Gala is experienced in both the gaming and blockchain industries. This gives them a unique perspective on how to use blockchain technology to create a more efficient and user-friendly experience. Third, Gala has already partnered with some major names in the gaming industry, which gives it a leg-up on its competition. Finally, trends, such as the increasing popularity of NFTs and crypto games, suggest that there is strong demand for this type of currency.

What also matters is that the Gala token has a limited supply of 50 billion tokens, which makes it a good investment: there is potential for the token to increase in value as demand grows. There are currently over 1.3 million Gala game players, and the community is expanding. The Gala team is constantly improving the Gala games ecosystem and multiplying the number of available Gala games, which makes the Gala token seem like an awesome long-term investment with room for price growth.

In closing, please know the forecast figures here are generated using our price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. Forecasts are not immune to changing circumstances and will be updated with new developments. Always do your own research and evaluate all necessary factors before making any investment.

FAQs

Will Gala hit $1?

Thanks to its growing library of games and partnerships with major game developers, GALA is well on its way to becoming the go-to platform for crypto gaming. Considering its past performance and the fact that it has once reached an all-time high of $0.8367, it is likely that Gala can hit $1 in the long term.

Will Gala reach $10 dollars?

No. The most bullish Gala price predictions from algorithmic forecasting tools Changelly estimated Gala crypto to reach $1.01 by 2032. While Gala price may experience some upward movement, reaching such a significant milestone of $10 is unlikely based on the available data and market conditions.

Is Gala crypto a good investment?

Gala crypto price prediction based on algorithm shows it will be a good investment for the future, but the digital coin price always has huge volatility. This volatility of the market may necessarily reflect in the price of GALA. The above predictions are for informational purposes; it is always better to do your own research and take proper financial advice before investing.

How high can Gala go?

The crypto market is notoriously volatile, and making predictions is always a challenge. The price of tokens depends on a ton of factors: popularity in the media, general market sentiment, the level of adoption of blockchain technology, etc. However, our prediction forecasts that the price of GALA could reach $0.041 by the end of 2023. You can see more long-term forecasts in the sections above.

Can Gala coin reach $1,000?

No. According to our analysis, there is no evidence that Gala coin will reach $1,000.

Can Gala coin reach $50?

No. According to our analysis, there is no evidence that Gala coin will reach $50. It is unlikely that the coin will drive large-scale token usage in a short term.

Will Gala reach $5?

As per our analysis, $5 dollars for GALA is a theoretical possibility but the odds of it becoming real are extremely low if not impossible.

When is the Gala halving 2023?

GALA has a halving cycle in its emission schedule. The emission is halved each year on July 21.

What is Gala target price 2025?

According to our Gala price prediction 2025, the maximum Gala target price for 2025 is $0.076, and the minimum price could be $0.064.

What will Gala be worth in 2030?

Based on our Gala crypto price prediction 2030, the projected maximum Gala price at the end of 2030 is $0.150.

Does Gala coin have a future?

Given Gala creators’ impressive background in the development and promotion of mobile games, as well as Gala’s useful P2E (play-to-earn) format, we can say with a high degree of probability that the project has a great bright future. The project’s founders themselves shared thoughts on their plan to take over the whole gaming market, not just its blockchain-powered sector. With very popular games like Town Star, Spider Tanks, Echoes of Empire, and Mirandus in the pipeline, Gala is definitely here to stay.

Where can I buy Gala (GALA)?

Notable options for purchasing GALA include Binance, BTCC and Kraken. Among these, BTCC is one of the best exchanges as it witnesses a large trading volume of GALA. Compared to Binance, BTCC has no regulatory concerns and is available in U.S., Canada and many other countries in Europe. Furthermore, BTCC exchange is highly recommended due to its favourable attributes such as extremely low fees, user-friendly interface, excellent customer support, and robust security measures with no reported hacks or security breaches to date.

In order to trade GALA/USDT on BTCC, you need to first register an account. And you need to have some USDT in your crypto wallet, or you can directly buy it on BTCC. Once you have USDT, you can trade GALAUSDT Perpetual Contracts on BTCC with a leverage up to 50x. The transaction is safe, cheap, and fast with VERY easy steps. You can also choose to deposit GALA with a minimum single deposit of 10000GALA .

What are BTCC’s specs?

Sometimes, users feel more comfortable working with an exchange if they know that the exchange has a footprint in the industry. With 12 years of stable and secure operating history, BTCC is one of the top cryptocurrency derivatives exchanges in CoinMarketCap, which boasts a wide selection of 60+ cryptocurrencies and millions of registered users, offering services in 100+ countries.

BTCC charges 0.06% for both takers and makers, which are way below the industry average. According to the largest and most recent empirical study on crypto exchange trading fees, the average spot trading taker fee is 0.2294% and the maker fee is 0.1854%.

With high liquidity, low trading fees and fast transaction speed, BTCC allows users to open a trade immediately even when the crypto markets experience a sharp rise or plunge.

Apart from crypto trading, BTCC also supports tokenized futures service, allowing users to trade stocks and commodities futures (Gold/Silver) with USDT as the margin. The maximum leverage is up to 100x.

Trading on BTCC begins with registration and log in, which only takes 30 seconds. New customers can now sign up here to get a welcome bonus of 10 USDT, and complete the KYC verification to access all BTCC’s features and BTCC bonus. Once verified, you can start trading GALA now.

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