- Analysts predict GALA could see an intense upward surge to $0.061 in the short term.
- GALA’s neutral Relative Strength Index of 44.91 indicates no extreme market sentiment.
- The GALA token could reach new highs, between $0.05 and $0.50, in 2025 post-BTC halving.
Gala (GALA) Overview
| Cryptocurrency | Gala |
| Ticker | GALA |
| Current Price | $0.01511 |
| Price Change (30D) | -16.92% |
| Price Change (1Y) | -73.15% |
| Market Cap | $661.38 Million |
| Circulating Supply | 43.83 Billion |
| All-Time High | $0.8367 |
| All-Time Low | $0.000151 |
| Total Supply | 50 Billion |
What is Gala (GALA)?
Gala Games (GALA) is a blockchain-based platform designed to bring true ownership and control to players within the gaming world. It operates as the native token for the Gala Games ecosystem, a decentralized gaming platform that allows players to own, trade, and utilize in-game assets as NFTs. Essentially, Gala Games focuses on creating a player-driven economy where participants have full ownership rights over their in-game assets, including characters, items, and land.
The token, which is ERC-20 based and also available on Binance Smart Chain, serves as a currency for buying and selling NFTs, staking for governance, and supporting in-game purchases across the Gala Games marketplace. It is also used to purchase Founders Node licenses and power the Gala sidechain, which will eventually scale the platform to handle a growing user base.
Features of Gala Games and GALA Token
- True Ownership of In-Game Assets: Gala Games allows players to own in-game items as Non-Fungible Tokens (NFTs). These items can be traded, sold, or used across various games within the Gala ecosystem, providing more freedom than traditional gaming platforms.
- Player-Owned Economy: The Gala ecosystem supports a player-owned economy, where players control their in-game assets. This starkly contrasts traditional gaming models where in-game items are confined to the game.
- Play-to-earn Mechanism: Gala Games incorporates a play-to-earn model that allows players to earn rewards through GALA tokens or in-game tokens like TOWN in Town Star or SILK in Spider Tanks. Players can earn these tokens by participating in weekly challenges, completing daily quests, and renting NFTs to other players.
- Decentralized Governance: The Gala network is powered by nodes, and holders of GALA tokens can participate in governance by voting on ecosystem decisions. This ensures that the platform evolves according to community needs. Node operators are vital in ensuring the network’s decentralization and continued development.
How Does Gala Work?
Gala Games runs on a decentralized network of nodes. Initially, the network was powered by Founder’s Nodes, where node operators contributed to the platform’s growth and participated in decision-making processes. These nodes will later power the Gala sidechain, which is designed to handle large transactions.
Source: Gala Games
Nodes: Gala uses a node-based infrastructure to secure and run its platform. Founder’s Nodes are critical for validating transactions and enabling decentralized governance. Specific game nodes will allow further specialization and development as the Gala network expands.
GALA Tokenomics: The total supply of GALA tokens is capped at 50 billion, with 17 million tokens issued daily. 50% of these tokens go to the Founder’s Nodes, while the other half supports ecosystem development and future growth.
Earning with NFTs: Players can acquire NFTs through Gala’s marketplace or secondary markets like OpenSea. Some NFTs grant in-game advantages, while others are cosmetic. NFTs can be deployed in games like Town Star to unlock daily challenges and earn in-game tokens.
Development Team and AAA Game Ambitions
Gala Games was founded by Eric Schiermeyer, a Zynga co-founder who brings significant gaming industry experience. The team behind Gala includes some of the brightest minds in gaming, with veterans from iconic titles like Command & Conquer, Halo, Call of Duty, and Doom.
Their mission is to build an AAA game platform that combines the best gaming with the latest blockchain technology, offering players true ownership and autonomy within a decentralized ecosystem.
Gala Games aims to disrupt traditional gaming models by empowering players, offering unique NFTs, and providing innovative play-to-earn opportunities. With AAA titles like Mirandus and Spider Tanks, Gala Games is set to redefine what it means to be a player in a digital world where your assets, characters, and land are truly yours.
Recent Developments & Future Plans
Gala Games has been on a roll with ongoing developments:
- GALA v2 Upgrade: In May 2023, Gala Games launched a major upgrade, enhancing security and introducing new token mechanics.
- New Game Releases: Gala has expanded its library with new titles, such as Legacy, which blends business simulation with blockchain.
- Expanding Beyond Gaming: Gala is venturing into music and film with Gala Music and Gala Film, bringing more value to the ecosystem.
Gala Price History
The GALA token began its journey into the market in 2020, quietly moving into a phase of accumulation. The price stayed within a narrow range for months, with little movement and low volume. During this time, the market showed no strong direction, allowing early participants a long position entry without much fanfare.
But everything changed in mid-2021 when GALA’s price surged. The asset shot up rapidly, reaching its all-time high of $0.8367. As volume surged, more traders jumped in, propelling the price movement, but the excitement didn’t last long. Soon after, the price fell sharply, marking the start of a long decline.
Source: TradingView
By 2022, Gala’s price had dropped dramatically, settling within the $0.016-$0.010 support range. The next phase was a prolonged consolidation period that lasted through 2023. The price bounced around the support level, unable to break through the resistance around $0.086 and unable to fall lower.
For months, the market awaited a decisive move, holding its breath in anticipation. During this period, Gala Games made a significant step forward. In May 2023, the platform rolled out a major upgrade that enhanced security and introduced new token mechanics, further strengthening its ecosystem.
As 2024 approached, the price remained stable, hovering near support. However, the price has yet to reach the $0.086 resistance level, but the chart suggests a slow recovery could be underway.
If the price manages to break through this resistance range, there could be room for an upward move, targeting the key resistance at the $0.288-$0.257 level. However, the risk of a bearish trend remains as long as the price stays under the resistance zone, as it could continue to trade within the current support and resistance levels.
GALA Price Prediction: Analyst Forecasts Price Surge to $0.061
Market analyst LLuciano_BTC points to a possible upward Gala (GALA) movement. With the token currently trading around $0.0197, the chart highlights a critical support zone just below the current price. This support has held firm, suggesting that a rebound could be in the works, with an upward target reaching around $0.061.
Source: X
The analyst also draws attention to Gala’s strategic position within the GameFi sector, predicting that its role in blockchain gaming will contribute to its growth. The chart shows a period of consolidation after a recent downturn, but a break above recent resistance levels could signal a shift toward a bullish trend.
Looking back, Gala has experienced sharp declines, but each drop, like the one seen around mid-2024, has been followed by recoveries. The analyst’s target of $0.061 aligns with previous highs, indicating a possible return to those levels if the upward momentum holds. With these key levels in focus, Gala may be preparing for its next move.
Related: Regulatory and Legal Issues Surrounding Cryptocurrency in Games
Yearly Highs and Lows of Gala
| Year | Gala Price | |
| High | Low | |
| 2024 | $0.086788 | $0.013649 |
| 2023 | $0.062176 | $0.012587 |
| 2022 | $0.463419 | $0.01552 |
| 2021 | $0.8367 | $0.000953 |
| 2020 | $0.002442 | $0.000151 |
Gala Technical Analysis
The GALA Relative Strength Index is currently at 44.91, indicating a neutral market sentiment. This is below the 50-level mark, signaling that the token is not yet showing intense bullish or bearish strength. This means the market is neither overbought nor oversold, and there is room for price fluctuations in either direction.
Source: TradingView
A push above 50 would indicate a stronger upward momentum, while a drop below 40 could hint at more downward pressure. Meanwhile, the Moving Average Convergence Divergence indicators show that the MACD line (blue) is above the signal line (orange), which usually indicates that the market is bullish.
However, the gap between the two lines is narrowing, suggesting a weakening trend. The histogram, which reflects the difference between the MACD and the signal line, is also shrinking, pointing to diminishing buying momentum.
Gala (GALA) Price Forecast Based on Fair Value Gap
Based on the monthly chart, the first “Fair Value Gap” (FVG) is just above the current price range, around $0.123 to $0.088. This gap marks an area where prices previously moved too quickly, leaving unfilled orders behind. If the price breaks above current resistance levels, this gap could act as the first target zone for price rebalancing, attracting buying interest in this region.
Source: TradingView
The second FVG is positioned between $0.211 and $0.164, and this level could act as the next critical resistance if Gala attempts an upward reversal. The market may return to fill this gap before continuing higher, as it represents another unfilled price zone from previous price movements.
Besides, the third FVG is at $0.396-$0.389. This area may be a critical price target for longer-term recovery, especially if GALA’s price breaks through the previous resistance levels. It could become a key zone for price action, with potential buying interest as traders look to fill the gap.
Gala (GALA) Price Forecast Based on MA Ribbon Analysis
The 20 MA is below the 50 MA, signaling a short-term bearish trend. The gap between these moving averages suggests intense bearish pressure, with the 20 MA unable to cross above the 50 MA. This creates an immediate resistance at the 20 MA, which has kept GALA’s price below it.
Source: TradingView
The 50 MA lies above, reinforcing the bearish bias. The market continues to struggle beneath these moving averages, reflecting weak momentum and a lack of upward movement.
However, if the price begins to rise and crosses the 50 MA, it could signal a potential reversal. Until then, GALA remains below these key moving averages, maintaining a cautious outlook unless the trend shifts.
Gala (GALA) Price Forecast Based on Fib Analysis
GALA is trading close to the 0% level of the Fibonacci retracement, marking the lowest point in this analysis. From here, any upward movement would face potential resistance at the 23.6% level, located at $0.1970. This could act as the first barrier if the price starts to rise.
If GALA manages to break through the 23.6% level, the next resistance zone is at the 38.2% level, at $0.3188. This area is another key point where the token could face selling pressure as it attempts further upward movement.
Source: TradingView
The 50% level, at $0.4172, represents a crucial psychological barrier. If GALA pushes past this level, it would indicate a stronger recovery, but the price may still face obstacles in reaching higher levels.
The 61.8% level at $0.5156 is often considered the most critical Fibonacci retracement level. A break above this point would be a strong signal that GALA could continue its bullish momentum toward further resistance.
Further up, the 78.6% level at $0.6558 will likely present additional resistance if GALA continues its upward trend, with the 100% level representing a complete retracement back to the all-time high.
Gala (GALA) Price Prediction 2025
According to CryptoTale’s projections, Gala (GALA) could see intense growth driven by the post-BTC halving market expansion. The token may reach new highs, with price ranges between $0.005 and $0.50, fueled by bullish sentiment and increased investor activity.
Gala (GALA) Price Prediction 2026
In 2026, as the crypto market enters a correction phase, GALA will experience a price drop due to market euphoria and overvaluation. The range could fall between $0.40 and $0.20 as the market enters a recession with lower trading volumes.
Gala (GALA) Price Prediction 2027
2027 will see GALA continuing its bearish trend from 2026, possibly hitting the cycle’s lowest point. The price range could fall within $0.10-$0.35, marking a period of deep correction before recovery begins in the next few years.
Gala (GALA) Price Prediction 2028
As the crypto market begins to recover, GALA’s price may show signs of stabilization, preparing for the fifth BTC halving event. The price could range between $0.50 and $1.00, signaling early recovery and gradual growth.
Gala (GALA) Price Prediction 2029
The recovery phase will strengthen in 2029, with GALA regaining investor trust and experiencing steady growth. The price could range from $1.50 to $4.00 as the market builds a foundation for the next bullish cycle.
Gala (GALA) Price Prediction 2030
In 2030, GALA will enter a correction year, with prices dropping within $1.00-$3.00 as the market experiences overvaluation. This retracement could be caused by external factors, a natural phase before the next major move.
Gala (GALA) Price Prediction 2031
By 2031, GALA will stabilize after the 2030 correction. The price will likely range between $2.00 and $3.50. The market will regain its footing, supported by a return of investor confidence and the build-up for the upcoming BTC halving event the following year.
Gala (GALA) Price Prediction 2032
Following the sixth BTC halving in 2032, GALA will likely enter a bullish phase. The token’s price could surge to $4.00-$8.00, as historical patterns show that halving years tend to drive market optimism, triggering a growth cycle.
Gala (GALA) Price Prediction 2033
In 2033, the crypto market will enter an expansion phase, continuing the bullish trend. GALA’s price could range close to $15.00-$7.50, with widespread market adoption of blockchain gaming and increasing investor interest pushing prices to new heights.
Gala (GALA) Price Prediction 2034
GALA may experience a slight retracement in 2034, with the price stabilizing between $5.50 and $10.00. This dip could be due to market corrections and external factors, with GALA consolidating before another upward move.
Gala (GALA) Price Prediction 2035
By 2035, GALA will enter its recovery and peak phase, surpassing previous highs. The price range could be $15.00 to $25.00, driven by strong market fundamentals, continued blockchain gaming adoption, and increased demand, marking a new peak in GALA’s price history.
Related: GameStop Embraces Bitcoin as Part of Treasury Reserve Strategy
FAQs
GALA is the native cryptocurrency of Gala Games, a decentralized platform combining blockchain technology with gaming, allowing users to earn rewards through gaming and NFTs.
You can purchase GALA using Bitcoin (BTC), Tether (USDT), or other popular cryptocurrencies on most major exchanges, such as Binance, KuCoin, and Kraken.
Investing in GALA can be considered based on its potential in the blockchain gaming industry, though it carries risk due to market volatility and competition.
The best way to store GALA securely is by using hardware wallets like Ledger or Trezor, which keep your tokens offline and safe from hacking.
GALA was co-founded by Eric Schiermeyer, Michael McCarthy, and Wright Thurston.
GALA was launched in 2020, marking the beginning of Gala Games’ mission to alter the gaming industry through blockchain technology.
According to the latest data, GALA’s circulating supply is approximately 43.59 billion tokens, the same number as its total supply.
GALA could surpass its all-time high of $0.8367 if the blockchain gaming industry sees heightened growth, adoption increases, and market conditions become favorable.
GALA’s lowest price was $0.000151, recorded during its early stages of market entry in 2020.
GALA could reach prices between $0.05 and $0.50 in 2025, driven by the hype surrounding the post-BTC halving and the growth of the blockchain gaming sector.
In 2028, GALA’s price could range between $0.50 and $1.00 as market conditions stabilize and the fifth BTC halving drives growth in the crypto space.
2030 GALA could experience a correction, with prices falling between $1.00 and $3.00, following market overvaluation and external economic factors.
Post-BTC halving in 2032, GALA may experience a bullish phase, reaching prices between $4.00 and $8.00 due to market optimism and investor interest in blockchain gaming.
By 2035, GALA could peak between $15.00 and $25.00, driven by strong fundamentals, adoption in gaming, and increased market demand, setting new all-time highs.
