GALA Price Prediction: Gala Outlook turns Positive, Time to Buy?

July 27th, Gala Price Prediction: The Current Outlook isMarginally Positive

Latest Gala Token Price

GALA Performance Chart

Gala performed poorly in the last 5 days. Even, in year-to-date comparison it is underperforming against BTC, Mana and ETH.

Time Period BTC Mana Ethereum Gala
Last 5 Days +2.3% -4.2% +4.5% -6.4%
YTD -51.5% -71.7% -56.4% -89.0%

Gala Price Prediction: Today’s Outlook

Indicator Trend
Overall Marginally Positive
Market’s Wisdom Positive
Technical Buy
Market Cap Higher
Trading Volume Trend Higher
Crowd’s Wisdom Marginally Positive
Google Trend Higher
Social Media Buzz Lower
Social Media Sentiment Higher

GALA Price Prediction and Forecast: Market Cap and Volume Data

Metric Value Trend
Market Cap Rank #99 Steady
Current Market Cap $ 353.6 M Higher
Volume Traded in Terms of $ $ 284.0 M Higher

Also Read: Gala Price Prediction 2022

GALA Price Prediction and Forecast: Technicals

Gala Price Prediction: Technical Analysis Video

YouTube video

Google search queries: Gala search queries have Increased significantly over the same time yesterday.

[Please move the cursor to the chart to see the latest value and compare it with the same time yesterday]

Volume Trend
Social Volume 1.1K Lower
Social Engagement 8.2K Lower

GALA Prediction: Net Sentiment

7 Days 1 Day Net Sentiment
Social Sentiment ($GALA) +41.2% +43.5% Higher

Read Solana Price prediction

Gala Price Prediction: How many Gala Token Holders are in Profit?

Holders Making Money at Current Price

Date Holders Making Money Holders Losing Money
July 28th 9% 85%

Holders Composition by Time Held

Greater Than 1 Year 7%
1-12 Months 81%
Less than a Month 12%

GALA Price Prediction: Latest Tweets

Read: SHIBA INU Price Prediction

Can Gala Reach $10?

The Play to earn market is expected to grow to $219 billion by 2024. It is probably less than $10 B in 2021.

Gala is a play to earn gaming platform that is based on the network of Ethereum ERC-20. On Gala, using blockchain and NFTs, players can win verified assets and then trade them with other players.

GALA has managed to reach an ATH or an All-Time-High price of $0.83 in 2021. It has since fallen but is predicted to reach $0.42 by the end of this year.

Gala’s current price is 0.21 and a market cap of $1.5 Billion. If Gala were priced at $10, the market cap would be $48 Billion. The Play to earn market is predicted to increase by 20 fold over the next 3 years. Even if one were to assume the estimates were off by 2-3 years, Gala could be priced anywhere between $6-$10 dollars by 2027. So the answer to the question Can Gala Reach $10 is Given the explosive growth in Play to earn games, Gala can easily reach $10 in the next 4-5 years.

Another interesting way to look at Play to earn games is to look at each gaming platform as a tiny country and purchase and sales inside the game viewed as commerce inside the game. When reframed this way, Game Tokens like Gala have a much brighter future than most Meme and Alt Coins.

GALA Coin Price Prediction: Is Gala Crypto a Good Investment?

One could say in General that Gala Crypto is a Good Investment. However, it is difficult to say it a Good Investment today as it has just run up by 100% in the last 7 days. Why is Gala Crypto a good investment?

Do your own research on TradingView

GALA Coin Price Prediction and Forecast: GALA Where to Buy?

GALA is gradually becoming one of the most popular cryptocurrencies. There has been a rapid rise in demand for GALA. Here is the steps to buy GALA:

  1. Finding a crypto exchange that sells GALA
  2. Create an account with the Exchange
  3. Verify your identity
  4. Fund the Wallet
  5. Make the Purchase

Few of the important exchanges offering GALA are:

GALA Coin Price Prediction

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions. 

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