Cryptocurrency

Gala price prediction: Can the cryptocurrency hit $1?… – The Sun

Summary

GALA is getting the attention of cryptocurrency watchers as its price reached a new all-time high today, November 17.

The rising price is being cheered by investors who welcome the growing industry of decentralized games, non-fungible tokens (NFT) and the metaverse.

1

Gala reached an all-time high of $0.18 on November 17

Gala is trading at $0.1886, up 45.13%, according to CoinMarketCap.

Cryptocurrencies are very complex and you should always be very careful before p…….

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GALA is getting the attention of cryptocurrency watchers as its price reached a new all-time high today, November 17.

The rising price is being cheered by investors who welcome the growing industry of decentralized games, non-fungible tokens (NFT) and the metaverse.

1

Gala reached an all-time high of $0.18 on November 17

Gala is trading at $0.1886, up 45.13%, according to CoinMarketCap.

Cryptocurrencies are very complex and you should always be very careful before parting with money, as you could lose all the cash you put in.

Cryptos are especially volatile, so their values can make large swings with no notice.

Newer cryptocurrencies are also riskier than more established ones, such as Bitcoin, and make you more vulnerable to scams.

Interested investors are advised to do their research.

If you’re keen to invest regardless, we explain what you need to know about Gala below – and future price predictions.

What is Gala?

Gala is a token in the gaming and NFT space.

It’s used on Gala Games which is a platform created in 2019 by one of the co-founders of Zynga, an $8billion gaming company.

Gala is used as the medium of exchange between people who are playing.

The tokens can be used to pay for items within the game.

Some of the popular games on the network include Town Star, Spider Tanks, Mirandus and Fortified.

Gala price predictions

The Gala token began trading in September 2020.

According to investingcube.com, Gala is a small but fast-growing blockchain project with a market cap of about $800million.

Gala has risen by 93.57% this week, according to Coinbase.

Investingcube says Gala’s overall trend is bullish, but the coin will have a brief retreat soon.

Meanwhile, Wallet Investor expects the cryptocurrency to hit $0.172 in one year’s time and $0.469 in five years.

And Price Prediction Net estimates Gala will reach an average value of $0.20 in 2022, $0.60 in 2025 and $1.31 in 2027.

These price predictions are far from guaranteed though, so you should take them with a pinch of salt.

We’ve also revealed price predictions for other cryptocurrencies including Bitcoin, Dogecoin, Shiba Inu, dYdX, and EOS.

14- and 9-year-old siblings earned $160,000 in 7 months mining cryptocurrency

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Source: https://www.the-sun.com/money/4085824/gala-price-prediction-cryptocurrency/