Yes,it’s true that one cheap token gain more than 500% in just one month.The price was $0.098 on 14 Nov pumped to $0.80 on 26 Nov and live time price is 0.52 (23/12/2021).
(Source:-Gala games)
Token name is GALA.
GALA is a non-refundable utility token which will be used as the medium of exchange between participants in the Gala Games ecosystem. The token runs on Ethereum. Gala has 1.3 million active users. It aims to give those users more control over their games.
(Source:-support.gala.games)
Games under Gala...
- Legacy
- Last Expedition
- Echoes of Empire*
- Spider Tanks
- Mirandus*
- Town Star
- Fortified*
(* in development)
Reason of Gain:-
Gala Games also announced the launch of a $100 million blockchain gaming fund in partnership with C² Ventures, a new crypto investment firm founded by Ciara Sun, the former Head of Listing and Blockchain Investments at Huobi Global. The joint fund will invest in game developers and emerging projects building with blockchain technology, including but not limited to play-to-earn, GameFi, metaverses, and other decentralized gaming solutions.
(Source:-prnewswire.com)
(Source:-ownsnap.com)
Price predictions
Predictions continue to roll in for Gala.
Price Prediction Net estimates Gala will reach an average value of $0.61 in 2022, $1.90 in 2025 and $6.05 in 2027.
John Vasquez, a crypto expert known as Coach JV, recently told The Sun: "My 3T Warrior Academy research team and I are super bullish on Gala.
"The gaming industry is roughly a $175billion industry and is one of the largest media categories by revenue."
As always, any predictions should be taken with a grain of salt, as they are not set in stone.
(Source:-the-sun.com)
Thanks for reading😊