GALA Price Prediction 2022: Will it break the $0.5 mark this quarter?

GRAMala Games is a virtual currency that is currently well positioned to thrive and benefit from the next trend in the metaverse. It is a gaming platform to earn money with an easy to use integrated store. In your store’s built-in business marketplace, it contains all the amenities.

Also, the great community, Gala has the authority to choose the games that are presented. And to authorize the deployment of their NFT avatars. Giving gamers control over games is the core goal of the project. The Gala Games network hosts several online role-playing games, including Town Star, Fortified, Mirandus, and others.

The objective of the platform is supported by the use of blockchain technology and its native asset GALA. Which had represented euphoric price runs in 2021. If you are looking for a detailed price prediction for Gala, then you have landed at the right place!

Overview

cryptocurrency Gala
Symbolic GALA
USD price $0.0555
market cap $378,700,219
circulating supply 6.98B
trading volume $133,110,212
its highest point $0.83
historical low $0.000151

*Statistics are at the time of publication.

GALA Price Prediction for 2022

low potential Average price High potential
$0.0699 $0.08941 $0.1088

The coin landed in the year 2022 with a price of $0.46. However, the month was not a huge success for GALA as it sparked a downtrend. Of $0.4 its price continued to plummet until it reached $0.19 for January 31. In the following month, the currency hit the $0.3 marks February 7.

He began to descend again to reach $0.25 on February 20 and retained the position for the rest of the month. March was a subtle month for GALA, as he continued to operate around $0.2. The price of the token was $0.20 on April 4 when it began to sink.

On May 1, the token was trading at $0.19collapsed to reach $0.06 the 12th of May. The cryptocurrency ended the month with a price margin of $0.08. That said, the coin was trading at $0.07 on June 1 and found its way to $0.05 At the end of june.

Gala Crypto Price Prediction for Q3

The company plans to introduce GalaChain, which will virtually eliminate transaction fees throughout the Gala Games system. It will undoubtedly multiply its user base, which could explain an increase in its price to the touch. $0.0769. The update will also have an impact on the utility of the system.

On the other hand, if the team does not implement the update, the coin may not be able to break out of its downtrend. This could trigger your selling pressure, leading to a floor price of $0.0505. In addition, GALA’s average trading price is expected to be approximately $0.0653.

GALA Price Prediction for Q4

Free games and the player’s right to own all things in the game, unlike rivals, will continue to supplement the user base. This competitive advantage can earn you the maximum price of $0.1088 for the end of the quarter.

Conversely, if the bears take over the market, GALA price may start plummeting again. It can spiral down until it reaches the minimum expected price objective of $0.0699. On the other hand, the token is expected to revolve around an average price of $0.08941.

GALA Price Forecast for 2023

Gala developers also tend to develop a distributed voting system. Which makes users the ones who decide how the Gala system will be upgraded in the future. The implementation of this system will surely bring some hype for the token that can take its maximum price to $0.21.

On the other hand, if the update does not flow as expected, this could lead to a drop in the price of GALA. The minimum anticipated cost is $0.0925. That said, a balance in buying and selling pressures could drive the price to $0.1614.

Price prediction for GALA in 2024

The concentration of investments continues to be largely in the hands of the whales in 52.39%followed by investors in 37.07%. And finally, retail investors in 10.54%. The pictorial representation justifies the investment concentration of GALA.

The team behind Gala could spark notable collaborations and adoptions, which could further drive investment from big investors. In such a case, the price of GALA could rise to a higher price of $0.382. However, if the team fails to create new and vibrant partnerships and upgrades, the price may drop to $0.1877.

GALA price projection for 2025

Gala currently uses the Ethereum blockchain. The creators of Gala had made suggestions about creating a unique blockchain just for Gala games. By realizing this, gamers will gain complete control and a quality experience that will push its price to $0.7156.

Conversely, factors like a negative feedback loop and criticism could lower your price to $0.3303. That said, a balance in buying and selling pressures could drive the price to $0.514.

Year low potential High potential
2023 $0.0925 $0.21
2024 $0.1877 $0.382
2025 $0.3303 $0.7156

What does the market say?

wallet investor

According to Wallet Investor’s GALA coin price prediction. The altcoin is expected to rise to a high of $0.287 by the end of 2022. Successively, the high closing targets for 2023 and 2025 are set at $0.448 and $0.75.

trading beasts

Trading Beasts forecasts that Gala price will push to its full potential of $0.0956, by the end of the current year. While a change in trends could sink the price to lows of $0.065. That said, a balance of buying and selling pressures could leave the price stuck at $0.0765. The firm forecasts the altcoin to peak at $0.1324 by the end of 2023 and $0.1754 by the end of 2025.

Digital currency price

According to Digital Coin Price’s prediction, the price of GALA could reach a more expensive tag of $0.0779 by the end of 2022. The company’s analysts have set the minimum and average targets for the year at $0.068 and $0.0726. . The forecast also houses the long-term predictions. Consequently, GALA is projected to rise to a high of $0.12 by the end of 2025.

PricePrediction.net

The website forecasts GALA possibly claiming a higher cost of $0.096 for the 2022 year-end. The company has set minimum and average targets for the year at $0.081 and $0.085. Consequently, the price of GALA is projected to rise to $0.32 by the end of 2025.

Click here to read our Stellar (XLM) Price Prediction!

What is GALA?

Gala is a blockchain-based Play to Win (P2E) network. Gala intends to create a decentralized gaming platform where all game assets are owned by the players. The system enables an NFT market and a platform for NFT games (Gala Games) (Gala Store).

Consumers can participate in network consensus and management, trade NFTs, and play games online. Also, the native utility currency of the Gala network is called GALA. It is an ERC-20 token that can also be used on Binance Smart Chain as a BEP-20 (BSC) token.

Gala participants can use NFT to direct their activities and vote on new releases. GALA Coins can be used to purchase a variety of NFTs and in-game goods from the legitimate Gala Store. By playing Gala games, players can earn GALA coins.

fundamental analysis

Gala Games was founded by Eric Schiermeyer, who also founded the game Farmville. His goal was to give gamers who play video games authority over their effort and money. Gala is a decentralized cryptocurrency with a concept of playing to win.

In the past, players spent too much time acquiring virtual currency that was only useful during gameplay. However, this program allows in-game achievements, currency upgrades, and tokens. Their goal is to create blockchain games that gamers can love.

On the other hand, the community-driven nature of its system, where players have a say in its evolution and future, is another benefit. Additionally, users can purchase NFTs from the in-game store and use those products. The creators of these games are well known in the crypto and gaming communities, and this currency has indeed formed some wonderful alliances.

Our price prediction for Gala

According to the price prediction made by our panel of experts, the price of GALA could reach a potential high of $0.1. If the project seeks help from developments and collaborations. Conversely, factors like a prolonged bear run could push the price down to $0.07.

Historical price analysis

2020

  • The GALA token suffered during this year to surpass its initial price after going official on September 18, 2020, with a value of $0.0014.
  • The cryptocurrency depreciated to its all-time low of $0.0001 on December 28, 2020.

2021

  • Early last year, GALA was able to reverse the downtrend and by Feb 27, 2021, the price of the coin reached a high of $0.032.
  • Price growth persisted the following month, reaching $0.033 on March 10.
  • The cost of GALA began to decline in the following months, and by June 22, it was down to $0.006.
  • After swinging sideways until mid-November, the price of GALA spiked to $0.847 on Nov. 26.
  • However, a drop took the yearly close to $0.474.

To read our ApeCoin (APE) price prediction, click here.

frequent questions

Q: Is Gala a good investment?

A: The evolution of Gala Tokens could be slow in the short term. If you want to make a long-term bet, the Gala cryptocurrency is an ideal option.

Q: Will the price of GALA go up?

A: The Project brings a whole new way to play and earn assets for a nominal fee. With solid fundamentals, GALA price should go higher.

Q: What will the price of GALA be at the end of 2022?

A: According to our Gala price prediction for 2022, the altcoin could reach a high of $0.1088. While the minimum and average targets could occur at $0.0699 and $0.08941.

Q: How high will the GALA coin price rise by the end of 2025?

A: Based on our GALA price prediction for 2025, the digital token could go as high as $0.7156.

Q: Where can I buy Gala?

A: Gala is available for trading on major cryptocurrency exchanges like Binance, MEXC, OKX, Bybit, and Bitget.

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