GALA Price Prediction 2030: Will It Break The $1 Mark Soon?

• GALA- A Quick Overview
• GALA- In The Competition
• GALA Price Prediction 2030: Price History And Technical Analysis
• GALA Price Prediction: From Industry Experts
• Does GALA Have A Bright Future? When Should You Invest?
• Conclusion

Gala is a blockchain-based gaming platform in the crypto sector. As play-to-earn (P2E) games are the hottest trend in the market now, many investors want to know about the future trend of Gala. Let’s clear all queries from our Gala price prediction 2030.

GALA- A Quick Overview

Gala game is a digital asset which is currently well-positioned to develop and profit from the upcoming trend in the Metaverse. It is a blockchain-based gaming platform co-founded by Eric Schiermeyer, who co-founded Zynga, a popular mobile games firm. Gala is the native token of Gala Games, and it is the main asset used in the Gala ecosystem to buy and sell in-game assets. The token is an integral part of the Gala Games and can be used in the Gala ecosystem by running a Gala node.

However, to run a Gala node, players will require a license that will allow them to earn rewards and NFT from their home computers. The plot twist is that the license costs $13,000 in ETH. In addition, the number of nodes participating in the process has a threshold of 50,000.

GALA- In The Competition

Gala is quite similar to steam store or GOG and adds a variety of games that users can play on the platform. Games on the platform are free to play, and users can own all the items in the game, unlike other stores which require payment to buy a game. GOG is a digital distribution platform that includes a vast range of games with a philosophy: “you buy it, you own it.” There is a total of five games on the gala platform, which include:

Most of the games are Metaverse and NFT-themed, where users will be required to create something or use NFT to complete the game. Players will also find an NFT store having rarity classes: Common, Uncommon, Rare, Epic, Legendary, and Ancient.

Gala has several unique attributes that distinguish it from other blockchain-based gaming platforms. These attributes include:

At the end of 2021, Gala partnered with Under Armour, and 2974 editions of genesis Curry Flow NFT were made available. Binance also partnered with Gala Games and many other Metaverse networks to give Metaverse tokens worth $400,000 last December 2021.

GALA Price Prediction 2030: Price History And Technical Analysis

GALA’s price has been on a bullish trend for the long term as the token skyrocketed to an all-time high above $0.8. Since its foundation in 2019, the token touched a value of $0.0015 in Sept 2020. Following this price, the token dropped as low as $0.0002 and bounced back to reach a price of $0.003.

At the beginning of 2021, the token reached a price level of $0.03 by March but fell to $0.0078. However, the token again gained momentum and turned out to be bullish and reclaimed $0.04 by Sept 2021.

Our Gala price prediction reveals a bullish momentum for gala in the upcoming months. Gala is currently trading near $0.04 with a circulating supply of 6.98 billion GALA. The price of Gala has received much positive attention and has increased to a significant level. On July 17, 2022, the price increased from $0.0492 to $0.0503. However, it started to gain further positive momentum on the same day and sustained at a value of $0.0535.

Gala’s price prediction reveals a slight downward moment as it is testing the support level of $0.045. The Bollinger band’s upper limit is $0.055, a strong resistance. Conversely, the Bollinger band’s lower limit is $0.04, a crucial support level for Gala. As Gala is on the support level, we can see a sharp price fall soon to $0.03.

By the end of 2022, the average trading price of Gala can be around $0.085. With the craze and hype in the market, we can expect a price range between $0.27 to $0.32 by 2025. The cryptocurrency market evolves every day with innovations and developments, and we expect Gala’s price will increase along with it. By 2030, we expect a price of at least $1.87.

GALA Price Prediction: From Industry Experts

According to Wallet Investor, GALA is an excellent long-term investment, and it is projected to be a bullish move next. By December 2022, the maximum price is predicted to be near $0.153. According to their GALA cryptocurrency price prediction, it will surely hit $0.233 in a year and $0.936 in five years. By the end of the year, it expects the average minimum price of the GALA coin to reach $0.682.

DigitalCoinPrice is a little bullish, and it predicts that GALA will end up this year near $0.068. They predict that the average price for 2025 will be $0.11, and GALA will increase to $0.22 in 2029.

Does GALA Have A Bright Future? When Should You Invest?

Investment in GALA will be sluggish in the short term, but if you want to invest in the long term, then it will be an ideal choice. With solid fundamentals, GALA is expected to surge in the future. As Gala is now in a bearish phase, it is advised to wait, and a price of $0.035 will be great for an astronomical return.

Conclusion

The GALA games are expanding its portfolio in Web3 gaming. Following all the improvements and partnerships, including the NFT goal, Gala games have recently seen success. Gala has dropped over 85% in its value this year, which highly affected the value of in-game assets and rewards. Our technical analysis suggests that Gala will be profitable in the next bull run. However, it is advised to take experts’ opinions and research before investing in the crypto market.