Gala Games Price Pumps – Will $GALA Hit Its All-Time High Soon?

Gala Games’ price has been on a strong uptrend and has surged over 46% in a week, with bulls in control. Will it set a new all-time high? $GALA, a cryptocurrency utilized within the Gala Games ecosystem, is in a favorable position to capitalize on the forthcoming metaverse trend for both development and profitability.

Furthermore, $GALA functions as the governance token, enabling voting procedures to motivate node operators. Gala Games is securely rooted in the Ethereum blockchain, providing users with a mix of play-to-earn (P2E) games, an NFT marketplace, and the capacity to store and distribute music and film content.

Gala Games Launches Legacy, a Web3 Game That’s More Than Just a Game

Gala Games recently introduced ‘Legacy’ on October 26th, a web3 business simulation game designed by Peter Molyneux. Legacy seamlessly integrates with GalaChain, ensuring a smooth and secure gaming experience, supported by a blockchain focused on gaming.

This blockchain enables real ownership and tangible rewards, including the option to transfer items to and from Ethereum for trading on secondary platforms like OpenSea. The game emphasizes ownership and creativity, allowing players to construct and manage their businesses on their own land.

Landowners will receive daily in-game Gem rewards upon logging in, enabling them to participate in Design Competitions without any additional cost. Moreover, Landowners will be granted Legacy Deed Keys, corresponding to the rarity of their land.

A New Game has Launched! | Gala Games Plays Legacy https://t.co/GAQSPktz9z

— Gala Games (@GoGalaGames) October 26, 2023

These Deed Keys empower “partners” (free-to-play players) to earn actual rewards. Additional details on ownership, including the necessary bridging actions for existing ERC-1155 Land token owners, will be provided soon.

The launch of Legacy signifies more than just a game release; it marks the commencement of an extraordinary journey where creativity, strategy, and business innovation converge.

$GALA Crypto Price Prediction

At the time of writing, $GALA is trading at $0.020, with a 24-hour trading volume of $701.91 million and a market capitalization of $513.99 million. Over the last 24 hours, $GALA’s price has surged by 13.16%.

It is currently on a trajectory toward the $0.022 resistance level, and a successful breakthrough beyond this point could drive the price even higher. On the contrary, a bearish downturn might see $GALA’s price drop to $0.018, and a breach of the support trendline could potentially push it down to the $0.013 support zone.

Notably, the Relative Strength Index (RSI) momentum value stands at 78.79, indicating an overbought condition in the $GALA market. To buy $GALA we recommend eToro, a safe regulated crypto exchange.

View the video above for $GALA’s in-depth price forecast, and subscribe to his YouTube channel for additional crypto-related content. Jacob Crypto Bury also manages a Discord community with 17,000 members, providing trading tips and insights into upcoming crypto presales.

Conclusion

The sentiment among investors points to a promising future trend, suggesting that Gala could offer a lucrative investment prospect. Within the cryptocurrency domain, Gala Games stands out as a potentially outstanding choice for investment, particularly in the blockchain gaming and P2E sector.

As Gala Games progresses with the development of its native blockchain and draws in more players, there is an expectation of growth in the $GALA token.

For a greater upside potential opportunity, you may want to consider visiting our guide to the best crypto presales to buy here, which offer attractive discounts and can be an interesting alternative to $GALA.

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