Gala (GALA) is positioned at the forefront of the recovery movement that is currently affecting cryptocurrency marketthis with an upward movement of 56% which brings its price to $0.03759.
The token of this company, focused on the crypto and metaverse gaming sector, has recently been the source of a big surprise for investors with an increase of 495% its trade volume, thus increasing to 992 million dollars in the last 24 hours. Surprisingly, this positive GALA dynamic may increase in the coming hours and potentially continue during the week.
Why such a big price increase for GALA?
The significant jump in the GALA prize can be attributed to a new strategic partner announced by the ecosystem development team a few hours ago with the international star The Rock. In addition, the team has been working hard recently to reshape the company’s business model, encouraging community participation through Twitter Spaces.
Gala Games and Dwayne Johnson, better known as The Rock, have indeed signed a cooperation contract, but first we will look at the history of this project focused on the metaverse. Eric Schiermeyer, the co-founder of Gala Games, is a legendary veteran of the gaming world, as he is also the co-founder of Zynga. As a reminder, Zynga is a company based in San Francisco and a leader in the social gaming market since its creation in 2007, it also benefited from an IPO on December 16, 2011 for one billion dollars and has millions of players worldwide every day. .
Separately, in 2022 Take-Two Interactive acquired Zynga in a deal worth $12 billion. For its part, Gala Games is a startup in the blockchain sector that aims to build a dedicated gaming environment. The platform was one of the first players in the Play to Earn market, rewarding players with GALA tokens. The business model offered by Gala Games has evolved over the past year, due to the decline in the number of blockchain games such as The Sandbox and Axie Infinity.
The current increase in the price of GALA shows that the community surrounding the project appreciates the latest changes and developments on which the teams are focusing their efforts. Similarly, the new collaboration with The Rock serves as a highlight in the progress of the sign. In this partnership, The Rock is joined by Mark Wahlberg, another big name in the American film and entertainment industry.
According to a press release published by the project’s developers, users within the Gala ecosystem will be able to scan a QR code to purchase movie tickets and earn virtual rewards on Netflix. The development team of Gala Games has recently moved towards mobile services and users of the platform seem to have appreciated this development.
Gala Games’ mobile platform will allow its users to download apps faster and earn rewards in GALA tokens.
Satoru Kikugawa, Gala’s general manager, said in a community announcement:
“I see a lot of questions about our change in strategy for the mobile sector. Our latest acquisition represents a significant step forward in terms of the ability to test and explore new development strategies (…) If I asked our teams to create about fifteen games, it would take about 9 to 12 months per project. »
GALA rises 120% in one week: where will it stop?
The price of Gala is definitely bullish in the last 24 hours and this sudden increase surprised many investors, especially considering that Bitcoin (BTC) andEthereum (ETH) maintained a relatively stable trajectory. The level of support in $0.0150 offered the opportunity for the bulls to take control of the trend.
Increased buying pressure from traders during the day along with renewed interest from investors gave GALA enough strength to peak at the $0.03759 action area. Although the bulls have the upper hand, the uptrend appears to be stuck at the 50-day exponential moving average (EMA) (in red) at $0.0402.
A break above the 50-day moving average could take the GALA price to $0.08716 and then the $0.20 token. Note that at its all-time high, GALA’s price was $0.87. Technical indicators imply that bulls are in a strong position, however, in the absence of news, most of GALA’s upside move is likely over, at least in the short term.
Which Altcoins to Choose for Fast Returns on Investment?
Many investors missed the rapid rise in the price of Gala, which rose 120% during the week. However, traders can enjoy even greater benefits if they focus on a selection of crypto projects currently in their pre-sale stages.
Calvary (RIA) is a new project in the Play to Earn sector that is currently attracting a large number of investors as part of its presale. One of Calvaria’s main advantages over its competitors is that it is not necessary for players to purchase an NFT in order to start playing. Indeed, the game is accessible for free, which allows a wider audience to enjoy the experience.
The team leading the project aims to make their game interesting for both the Web3 sector and the traditional gaming market by creating two versions of the game. One of these versions will be accessible through various app stores such as Google Play or Apple Store. .
On the other hand, the Play to Earn version will take advantage of all the functionalities of the blockchain and allow the arrival of non-regular players in the crypto sector. This desire on the part of the development team aims to provide Calvaria with a boost in popularity once released.
RobotEra is a new blockchain gaming project backed by LBank. Like The Sandbox, the RobotEra teams are currently working to create a metaverse whose worlds will be interconnected. Users who register on the platform will have the opportunity to own plots of land on which the provision of various services will be enabled.
In addition, it should also be noted that players will have the opportunity to build improved buildings, collect resources and participate in quests to receive specific rewards.
TARO is the original token of the project, so it will power the entire RobotEra ecosystem, which in turn will allow users to generate money through Play to Earn activities such as mining, gaming as well as participating in certain events. So far, RobotEra’s pre-sale has generated a lot of interest with nearly $691,000 raised in anticipation of its first listing on an exchange.
Click on this connection to visit the official website of the RobotEra project and participate in the presale.
Tamadoge is also a Play to Earn project which is inspired by the Tamagotchi system and the Doge meme. With its TAMA token, it will be possible to create, join and care for virtual pets defined under the name Tamadoge Pets.
Tamadoge Pets are represented as an NFT, making it easier for players to sell, buy and simply trade them. In addition, it is also possible to upgrade Tamadoge pets: players will have the choice to train their Tamadoge pets and equip them with items obtained through the platform’s integrated shop.
Tamadoge Pets owners will also be able to earn Dogepoints by exploring the Tamaverse and competing with each other. Users with more Dogepoints at the end of each month will have a chance to receive special rewards, which will increase the competitive aspect of the community and will likely positively affect TAMA’s price in the long run.
Battle Infinity (IBAT)
Battle Infinity is building an ecosystem dedicated to fantasy sports, a type of game in which participants form imaginary teams made up of avatars of real players from a professional sport.
IBAT is the original token of Battle Infinity, a Blockchain platform that is gaining a lot of attention. In Battle Infinity, players can purchase NFTs that represent the best real-world athletes in order to build the best teams possible. Players can browse and search for top performing athletes through the in-project store.
The aim of Battle Infinity is to win the competition by earning points, these are based on the athletes’ real-world performance, so the characteristics of the NFTs will evolve over time. At the end of each sports season, the team with the most points is declared the winner of the league, the winner is awarded the IBAT land.
Buy the IBAT token now by visiting official site of the Battle Infinity project.
Dash 2 Trade (D2T)
Learn 2 Trade veterans and expert traders have come together to launch a new project that promises to be the best analytics platform in the crypto industry. Dash 2 Trade aims to provide its expertise so that investors can benefit from quality trading signals as well as social analysis on the state of the markets in order to maximize their profits.
A tool for creating strategies with the latest technical indicators and real-time data from major exchanges will allow traders to build buy or sell strategies, which can be shared with other users in an integrated forum.
The pre-sale of the Dash 2 Trade project ended a few days ago, but the team running the project allows investors to buy at a price of $0.0556. The token will make its debut on a centralized exchange on January 11, 2022.
Click here to visit official site of the Dash 2 Trade project.
Investors interested in the Move to Earn sector within the crypto economy have all their attention focused on Fight Out. The team behind this new ecosystem is breaking down all barriers to entry to provide an opportunity for as many people as possible to benefit from a healthier lifestyle.
Each training session is customized according to the needs and abilities of each user. Fight Out rewards the efforts and progress of its community. Fight Out’s presale raised over $2.78 million, while offering a 50% bonus on purchases made under $5 million.