Will Gala reach $10, $1000?
| Metric | Value | Trend |
|---|---|---|
| Current Price | $0.0185 | Higher |
| Trading Volume | $214.4 M | Steady |
Gala Games, developed by top game developers, aims to provide more value to players using Web3 and blockchain technology, addressing issues with big game companies that require constant payments. Gala is building a platform with high-quality games, many of which are free, offering players more benefits and control. With numerous Web3 games in progress or already released, Gala Games is poised to rival major gaming platforms.
GALA is the main token for Gala Games, used to purchase NFT items, reward Founder’s Node operators, and pay network fees. Half of the GALA tokens generated daily go to Founder’s Node operators, while the other half supports Gala Games’ growth and funding. Gala Games collaborates with OpenSea for NFT collections, interacts with the community on Discord, and has expanded into music, film, and other entertainment sectors. Gala assets can interact with Ethereum’s blockchain. Despite these developments, recent price performance of the GALA token has been poor, with a significant drop from its all-time high.
Gala-Coin Price Performance So Far| Last 7 Days | +9.9% |
| Last 1 Month | +8.4% |
| Last 12 Months | -6.3% |
| Quality Of Investment | Poor |
Gala Coin – Buy or Sell? Select One
- Oct 11th: -3%
- Dec 14th: -7%
- Jan 29th: 0%
- Feb 10th: -24%
- Feb 26th: -53%
- March 6th: -70%
- August 23rd: +24%
Latest Gala Updates
- August 23rd: Gala Games has announced special offers to celebrate the 2nd anniversary of Champions Arena. Players can enjoy 50% off Minting Scrolls, a Double Gem Packs sale, and a bonus Legendary Akhenaton when spending $250. In addition, all players will receive a free gift of 2 Minting Scrolls and 2,000 Gems, along with exciting Daily Hot Time boosts running from August 22 to 28.
- March 6th: Gala announced that Alchemy Pay is now live on Gala Chain. Users can now seamlessly purchase GALA using fiat through Alchemy Pay.
- Feb 10th: Gala Games will be part of the 13th annual DeveloperWeek, set to be held at Santa Clara Convention Center. Apart from this, Glinko went live on Galachain.
- Jan 29th: Gala has failed to find enough buyers over the last few weeks. The trading volume has crashed. The average trading volume for January was around $222.4M, while in December, Gala recorded an average of $418.5M in trading volume. For Gala, holding above $0.025 will be crucial. The influencers and the individuals are bearish on Gala but the institutions are bullish.
- Jan 13th: Gala Games has announced an exciting opportunity to win tickets to the prestigious MAHA Inaugural Ball in Washington, D.C., on January 20, 2025. Three lucky winners will experience this extraordinary event, which includes:
- One or Two Exclusive Tickets to this historic occasion.
- VIP Red Carpet Pre-Reception access.
- Fine Dining and Drinks, along with a luxury gift bag.
- Special Appearances by President Trump and Robert F. Kennedy Jr.
- Live Entertainment featuring top DJs and performers.
Will Gala reach $10?
Yes, Gala can reach $10 if 60-75% of the Tokens are destroyed
To reach $10, GALA will need to rise 613.50x.
At $10, the target market cap will be approximately $457.70 billion.
If GALA grows at 25% annually, it could take around 29 years to reach $10.
Let us evaluate this data
- Quality of Investment– Poor
- Time and Growth required to reach $10– Not Feasible
- Market Cap at $10– Not Feasible
Considering the criteria of Investment, growth required, and time required, Gala has a low chance of reaching $10.
Can Gala Coin Reach $1,000?
No, Gala coin price cannot reach $1000 under any circumstances
To reach $1000, GALA will need to rise 61,349.69x.
At $1000, the target market cap will be approximately $45.77 trillion.
If GALA grows at 25% annually, it could take around 50 years to reach $1000.
Let us evaluate this data
- Quality of Investment– Poor
- Growth required to reach $1000– Not Feasible
- Market Cap at $1000– Not Feasible
Considering the Quality of Investment, growth required, and time required, Gala has no chance of reaching $1000.
Check out other Gala price targets using the calculator below.
Compare whether Gala Coin is a better or worse investment option than other Cryptocurrencies
- Oct 11th: Gala Music powered by Gala Chain now has 12.5K nodes live.
- Gala now has 223,480 holders with the top 100 holders holding 97% of the holdings.
- Sept 12th: Gala’s Telegram channel reached a new milestone. Gala announced that on Telegram, Gala’s ecosystem is now over 3 million.
- Sept 12th: Gala will be sponsoring the OKX event The Carnival ft. MemeCoin Summit. The event gives and opportunity to meet the top meme coin-noisseurs, founders and projects in the industry and get alpha on where we’re headed with the meme madness.
- Aug 29th: Gala Games announced the integration of Google Pay and Apple Pay powered by Coinflow. With this owning NFTs and engaging with digital content in the Gala Games ecosystem is easier.
- Aug 26th: Gala currently has 89% of the total holders who have been holding Gala tokens for 1 year or more. However, of the total Gala token holders, only 7% are at a profit at the current price while 91% are at a loss. Over the last 7 days, Gala’s official Telegram channel witnessed over 2400% increase in the member count.
- Aug 22nd: Ghosts of Ruin is now playing on Gala Film. Gala recently made this announcement. Users can watch Ghosts of Ruin on Gala Film and unlock rewards.
Note: Please consult a registered investment advisor to guide your financial decisions.