J ThompsonLooking for a GALA price prediction? GALA is the crypto token for the Gala play-to-earn gaming ecosystem. This coin enjoyed a spectacular increase of over 34,000 percent in 2021 – and that was without a single blockchain game being released in its final format.
Now that Gala Games is further down the road, we give a Gala Games price prediction below for 2023, 2025, and 2030. We consider short-term technical trading factors as well as longer-term influences on the crypto sector as a whole. And, best of all, we have identified Fight Out- a revolutionary Move-to-Earn project as a viable alternative.
Gala Price Prediction 2023
With a price hovering just above 5c per coin, we look into whether GALA could qualify as one of the best crypto under $1.
Below we outline 4 key Gala price predictions:
- End of 2023 – If macro factors like inflation and the Ukraine crisis dissipate, we might expect a potential GALA high of $0.27 in 2023 – almost 3 times its present level.
- End of 2025 – If GALA breaks through historic resistance levels, we might see a GALA 2025 high of $0.38.
- End of 2030 – GALA will need to push through its all-time high of $0.71 to approach the magic value of $1 a coin.
Gala
| 🎲 Coin Name | Gala |
| 💲 Price | $0.0410768 |
| 🔆 Coin Symbol | GALA |
| ⏳ Price Change 1h | 0.77% |
| 🌕 Price Change 24h | 5.22% |
| 💵 Market Cap | $286,601,157 |
| 🥇 Rank | 122 |
| 🌐 24h Volume | $322,320,191 |
| 🔄 Circulating Supply | 6,977,205,436 |
| 💰 Total Supply | 35,240,112,493 |
Gala Price Highlights
- The Gala price showed two surges of explosive growth in late 2021. With its play-to-earn credentials, it was at the time viewed as one of the most promising crypto.
- Over the first two quarters of last year, Gala then followed the rest of the crypto sector into a period of correction, losing 90% of its value.
- Since then, the price kept retracing and traded near $0.018 as of January 2023.
Gala Price Prediction 2023
- Gala Current Price: $0.062
- Gala Potential High 2023: $0.2718
- Gala Potential Low 2023: $0.047
On 30th March, 2022, the Gala price achieved a localized high of $0.2718 after a minor bounce. We might usefully take this price as an upper resistance level for 2023. If the Gala price pushes through this level, we would expect to see continued bullish development.
We posit a Gala potential low for 2023 at $0.047. In simple terms, this price is just under 5c. The Gala price double-bottomed around this level in Q2 2022. If it falls below this level in 2023, we would expect to see the price fall much further.
Macro-Economic Factors: Gala Price Prediction 2023
The wider stock markets have been in disarray. This has had a negative knock-on effect on the crypto sector and on the Gala price in particular.
The benchmark US S&P 500 has been down over 20%. And the tech-heavy NASDAQ has been down by over 30%.
Three key factors have resulted in these bearish market conditions:
- Price inflation. In the US, the last year has seen the worst price inflation for 40 years. With prices going up, companies are under increased economic pressure – and this is reflected in valuations.
- The Ukraine crisis. Fractured global supply chains and general uncertainty has led to less investment in the markets.
- The US Federal Treasury’s ongoing policy of Quantitative Tightening. This policy continues, and aims to reduce the amount of money in the markets. This has a negative impact on investment.
The good news is that all three factors are expected to reduce in 2023. The broader markets – as well as the crypto market – will possibly be safer ground. This will encourage investment.
As a GameFi token, the Gala coin can expect to benefit from the perennial appeal of gaming as a leisure pursuit. But we must bear in mind that – whatever the intrinsic value and popularity of the burgeoning Gala ecosystem – the Gala coin price does depend heavily on broader economic influences.
Gala Coin Price Prediction 2025
- Gala Current Price: $0.062
- Gala Potential High 2025: $0.38
- Gala Potential Low 2025: $0.047
Our Gala price prediction 2025: Last year, the Gala price hit a high of $0.38 after more than doubling in less than a week. That is a 533% increase in price on its current level. The sudden gain in price was shown to be unsustainable, with the price having then declined for over 4 months.
We might posit that this high of $0.38 gives us a Gala potential high for 2025. Whatever the price does, it must break through this resistance level at some point to rise any further. At this stage, we cannot predict with any confidence what will happen by the time 2025 comes around.
Therefore we posit the same potential low for 2025 as for 2023: $0.047.
Below this support level, the GALA price may drop significantly – depending on whether any short-term moving averages at the time indicate any other support levels below.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Gala Price Prediction 2030
- Gala Current Price: $0.062
- Gala Potential High: $0.7121
- Gala Potential Low: $0.047
2030 is a long way off. All we might say with any confidence is that the Gala price may challenge its all-time-high of $0.7121 achieved on 28th November, 2021.
Potential Highs & Lows of Gala
The GALA future price depends largely on whether the Gala ecosystem can produce the best blockchain games. This remains to be seen. In the meantime, we can tentatively project some potential highs and lows for the GALA price:
| Year | Potential High | Potential Low |
| 2023 | $0.27 | $0.047 |
| 2025 | $0.38 | $0.047 |
| 2030 | $0.71 | $0.047 |
Note that we project the same potential low of $0.047 for each of 2023, 2025 and 2030. This is because this is a key support level, below which we must go back to 2020 for an idea of what resistance the coin’s value will find.
What is Gala used for?
Gala is the utility coin of the burgeoning Gala play-to-earn gaming network.
GALA may turn out to be one one of the best coins to buy on the dip. But that depends on its games output. In terms of games available right now, the Gala ecosystem is on the beginning of its journey:
- 10 games 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), Echoes of Empire (4x).
- 1 game in test phase: Town Crush (Match-Three).
- 1 game pending node vote (which means participants in the Gala ecosystem get a vote on its development) – Last Expedition (FPS).
- 2 games in Beta version: Town Star (simulation) and Spider Tanks (PvP Brawler).
GALA: Utility Token
Gala coin is planned to take centre stage as the token of exchange in Gala’s P2E and NFT-based games.
- So far, Gala’s only available game does not use GALA but a special in-game token. In the Beta release of fun simulation Town Star, in-game token TOWN may be used to buy NFT game features that differ in rarity and value.
GALA: Network Node Reward
Gala may be used to pay for a license to run one of the 16,000 nodes on the Gala network.
- Currently a license costs 1.82m GALA. At today’s price, that equates to $113k.
Gala node operators can expect to receive rewards in the form of NFTs and GALA.
But the company is very clear that potential node operators should see the hefty outlay as a contribution to a project they believe in, rather than as an investment:
‘The node license is a product sold by Gala Games, and even though it comes with the ability to earn GALA tokens and NFTs as rewards for operation, there should be no expectation of profit or return.’
What Drives the Price of Gala?
Three main factors underpin the price of Gala:
Investor Sentiment over the Gala Ecosystem
As one of the low market cap cryptos, Gala is very susceptible to investor sentiment over the GALA company.
With a market capitalization of just $400m, the price is very volatile. And, even when the total coin supply was worth a lot more in its heyday in late 2021, hype was very much the driver of price.
- Between January and December 2021, the Gala price soared by a staggering 34,200%.
Investor Sentiment over P2E Gaming and Metaverse Coins
GALA’s meteoric performance in 2021 was also down to an upsurge in interest in blockchain gaming and metaverses in general. Investors were on the lookout for the best metaverse stocks, and were happy to speculate that GALA could be the next big thing.
Wider Economic Factors
Even if GALA develops into one of the best video game crypto, its fortunes depend on the wider crypto sector as a whole. With investors generally fearful right now thanks to the Ukraine crisis and crippling price inflation, GameFi crypto is under negative price pressure along with all crypto. The best crypto winter tokens are managing to weather the storm – but the outlook remains uncertain at best.
Where to Buy Gala?
When it comes to where to buy Gala crypto, full-service broker eToro is one attractive option.
Founded in 2007, eToro has a reputation for safe and easy trading. This broker offers 68 crypto coins to buy and sell, including Gala coin. eToro charges just 2% commission on a return journey of buying and selling, plus a spread fee.
Also available to trade are 14 crypto-cross pairs (like BTC/ETH), 63 crypto-currency pairs (like BTC/EUR) and 1 crypto-commodity pair (GOLD/BTC) are also available. Generally eToro has a good track record in updating the coins on offer with the best utility tokens that have come to market.
With a free eToro crypto wallet, investors can move certain crypto out of their account for use on the internet. But generally eToro suits those looking to benefit from crypto as an investment rather than as a useable currency.
For investors looking to minimize the risk of buying crypto, diversification is key. eToro usefully provides a range of less risky assets:
- 3,000+ stocks: everything from the best tech stocks to penny stocks.
- Commodities: including natural gas, oil and wheat – all of which are hot right now thanks to global supply chain issues.
- Indices: use CFDs (Contracts-For-Difference) to benefit from small changes in indices like the NASDAQ 100, the FTSE 100 and the GER 40.
- Forex: 48 currency pairs to trade.
- Exchange Traded Funds (ETFs): 264 ETFs.
What’s more, eToro is famous as one of the leading social trading platforms. Social investing aims to ensure that investors can learn from each other. eToro offers two key tools: CopyTrader and Smart Portfolios:
- With CopyTrader, investors can copy more experienced traders for free. There are almost 1000 crypto traders to copy.
- There are 75 Smart Portfolios on offer. Each offers a basket of stocks or crypto based around a particular theme. A minimum investment of $500 applies to buy in. Bucking the slump in the crypto sector, the algorithm-based Napoleon-X Smart Portfolio has returned 8.39% in the last 12 months.
eToro is well-served when it comes to payment methods. Investors can buy BTC with credit card, bank transfer and (outside the US and the UK) PayPal.
Gala is also available at top exchanges Binance, Coinbase and Crypto.com.
Pros
Cons
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. Gala Games have recently had three token listings with key exchanges: Gala Games also recently had some of their smart contracts successfully audited by AnChain.AI. AnChain.AI CEO Dr. Fang said, 'Gala Games' proactive approach to securing their smart contracts and committment to protecting their users has been evident since our first conversation.' In early August last year, Gala launched a new in-house team to maximise engagement with the crypto community called the CaCE Squad (Crypto and Community Engagement). A suspicion is that GALA has had its heyday with its all-time-high above $0.7 in late 2021. So where else can investors look in order to make money from crypto? With over 22,000 cryptos now available, investors might like to narrow their research to a hot new crypto with a bright future: Fight Out- an upcoming M2E project rewarding users for completing fitness challenges. Fight Out Thus far, the platform has quickly raised over 2.6 million USDT in its first presale stage. Currently, investors have an opportunity to buy $FGHT at a price of only 0.0166 USDT per token. Buyers should consider buying $FGHT before the price rises to 0.033 USDT post the CEX listings on 5 April. The project has built a cutting-edge metaverse to gamify fitness for its users. At the time of creating a new account, users can make their unique ‘Soulbound’ NFT avatars. These Soulbound avatar stats will see improvements in direct correlation to the users’ real-life fitness metrics. In essence, this creates a pathway for users to socialize with members and also socialize with them in the platform’s metaverse. The project has created its in-app currency called ‘REPS’ in its efforts to reward users for finishing the in-app fitness challenges. This currency can be used for availing monthly membership discounts, buying cosmetic NFTs, and other benefits. Buyers may read Fight Out’s whitepaper to get more insights on the project’s features. $FGHT is an ERC-20-based token having a supply cap of 10 billion. Of these, 9 billion tokens are available for purchase through the project’s ongoing presale stages. Buyers also have the chance to get $FGHT purchase bonuses that start from 10%. They can invest only $500 with 6 months of vesting to receive this bonus. Moreover, users can also receive membership rewards for staking the $FGHT tokens. Buyers can get extra tokens of up to 50% if they choose to take part in the presale stages. Investors can also join Fight Out’s Telegram channel to get the latest updates.
Latest Gala News
Is Gala the Best Crypto to Invest in?
Fight Out- Best Crypto To Invest In To Earn M2E Rewards and Purchase Bonuses
has built an industry-leading fitness app that gives rewards to its users for completing their workouts.
$FGHT Tokenomics & Purchase Bonus
Presale Started
14 December 2022
Purchase Methods
ETH, USDT
Chain
Ethereum
Min Investment
None
Max Investment
None
Gala Price Prediction - Conclusion
Above we have provided Gala price predictions for 2023, 2025 and 2030.
Having assessed the financial metrics around GALA coin, we conclude that investors may be better off considering one of the best emerging crypto instead.
Best of all, Fight Out, one of the best crypto presales is still available to investors and offers a new-age fitness app and an opportunity to win exciting rewards.
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FAQs
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This article was written for Business 2 Community by J Thompson.
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