GALA Price Prediction, Price History, and ATH

Our team created a GALA price prediction guide in which we’ll speculate on its possible changes in value in 2024, 2025, and 2030.

Gala Games is a P2E platform that enables its users to earn and trade GALA tokens and use them as in-game assets. GALA uses the ERC-20 and the BEP-20 token standards. This means that its token holders can also vote on changes linked to the game development.

The GALA token price currently stands at $0.026. However, there are indications that its value could increase in the future.

GALA Price History

Gala Games is a crypto company that was founded in 2019. Its utility token, GALA, is used as a means of payment and as an in-game asset. However, it can also be used to buy NFTs. GALA token experienced its all-time high on November 26, 2021, when its price reached $0.8248. During that time, its market capitalization was also high — it amounted to nearly $5 billion.

At the time of writing, GALA has a market cap of $7 billion and a trading volume of $66 million, while the current GALA coin price is $0.026. The total supply of GALA tokens is 50 billion, and there are currently 27,799,861,148 GALA tokens in circulation.

The price of the GALA coin jumped by 37.58% in the last 24 hours, and this upward trend was also recorded in the past seven days.

Potential Highs and Lows of GALA Price

Take a look at the table down below to find out our GALA coin price prediction for 2024, 2025, and 2030.

GALA Price Prediction 2024

The price of GALA has been stable since the beginning of 2024, with minor fluctuations that varied from -7.34% to +6.74%. The same applies to its trading volume, which ranged from $354.51 million to $1.42 billion.

Gala Games announced that they would start investing in Web 3.0, as well as blockchain games and music, in 2024. On that note, they plan to partner with well-known game developers to increase the number of their games. They also plan to integrate music into their games.

Moreover, the company plans to release 10 new titles via Gala Films. On that note, they plan to collaborate with Mark Wahlberg and Dwayne “The Rock” Johnson.

If Gala Games manages to realize its plans during 2024, the price of its token could vary from $0.0254 to $0.0458, while its average trading price could reach $0.0332.

GALA Price Prediction 2025

GALA currently runs on the Ethereum blockchain. However, its developers also partnered with the Polygon network to make GALA available on the BNB Chain. That said, GALA creators also intend to launch its native blockchain — Project GYRI.

This blockchain will be intended exclusively for GALA games. Its other features will include faster transactions, lower fees, interoperability, and transferability from and to Ethereum. Gala Games currently offers 28 blockchain games. However, this number will increase in the future.

Project GYR will likely attract a large number of new users, which could ultimately increase its value. Although its launch date has yet to be announced, if it goes live in 2025, GALA’s potential high could reach $0.0596.

On the other hand, GALA’s potential low in 2025 could amount to $0.0414, while its average trading price might reach $0.0505.

GALA Price Prediction 2030

By 2030, the value of the blockchain gaming market could reach $614 billion, primarily thanks to the popularity of P2E models and NFTs. This could affect the Gala Games price significantly. Why? Because Gala Games is one of the leading companies that use the P2E concept. Moreover, they offer different types of blockchain games, from RTS to RPGs and MOBA.

When it comes to non-fungible tokens, all GALA users can earn rewards in the form of NFTs. They can also use GALA tokens to buy NFTs.

If we take all of the above-mentioned factors into account, we believe that the average price of GALA will amount to $0.146. However, if 2030 turns out to be a bullish year, GALA’s potential high could reach $0.168. On the other hand, if the market is bearish, its potential low may stand at $0.125.

What Drives the Price of GALA

We based our GALA forecast on factors that could affect its price, such as the following:

Supply and Demand

Supply and demand are the factors that define the prices of cryptocurrencies. On that note, the former refers to the number of active sellers, while the latter refers to the number of active buyers. The more a particular cryptocurrency is bought, the smaller its supply will be.

Tokens with a capped maximum supply tend to be more valuable — the fewer available tokens on the market, the higher their value will be. The total token supply of GALA is capped at 50 billion, and there are currently 27 billion tokens in circulation. However, at some point, GALA tokens will stop being minted, which could raise its value.

Market Capitalization

Market capitalization shows how much a specific digital coin is worth on the crypto market — how many investors it has. Generally, cryptocurrencies with high market caps will be more valuable. Market caps are divided into three groups — large, mid, and small.

GALA belongs to the mid-cap group, as its market cap currently stands at $7 billion. Coins with mid-caps usually show excellent growth potential.

We must also mention its trading volume. Namely, cryptocurrencies with a large trading volume are less prone to price fluctuations. That said, GALA currently has a trading volume of $66 million. This means that there’s little chance of its price being manipulated.

Notable Partnerships

Partnering with notable companies increases the transparency of crypto projects, which is very important for investors. With that in mind, Gala Games has several partners. They partnered with One Tree Planted, a non-profit organization that deals with environmental issues.

They also partnered with Elixir Games, a well-known game launcher for P2E games. This will enable Elixir users to get access to Gala Games. And finally, they are partners with DWF Labs, one of the largest crypto trading entities that enables trading with spots and derivatives.

That said, after Gala Games announced that it would collaborate with Mark Wahlberg and Dwayne Johnson, its price increased by 60%. The goal of this collaboration is to create a Gala Film blockchain that would enable film artists to step into the Web 3.0 world.

Features

Although Gala Games is best known for its P2E model, the gaming industry is not its only focus. They are also focused on the music and film industry. For example, its users can benefit from the Listen and Earn and Watch and Earn features. These features will allow them to earn GALA tokens and NFTs by listening to music and watching films.

At the time of writing, Gala Games had more than 1.3 million monthly active users, which greatly impacted its value.

Is GALA Crypto a Good Investment?

GALA works best for long-term investing and hodling. Why? Firstly, it’s a relatively new project that shows great growth potential. What’s more, Gala Games is one of the leading companies for blockchain games, with more than 1.3 million active users. They currently have 28 games. However, this number will grow as its ecosystem develops.

Furthermore, we believe that its price will increase significantly after the launch of its native blockchain — Project GYRI.

However, Gala Games doesn’t only deal with blockchain gaming. It also focuses on music and film. They are trying to bring Web 3.0 and blockchain closer to musicians and film artists through their partnerships. Likewise, GALA tokens are a good choice for investors who want to diversify their crypto portfolios.

And let’s not forget that this token has a capped total supply, which suggests that its value could increase in the future.

Conclusion

We’ve based our GALA price prediction guide on factors that could contribute to its price growth. On that note, we took into account its tokenomics, market cap, trading volume, and partnerships. Since GALA is a new crypto project, we cannot predict its price fluctuations with certainty since its ecosystem is still developing.

However, based on the above-mentioned factors and its price history, we believe that by the end of 2024, GALA tokens could reach the $0.0458 mark.

FAQs