Looking for a GALA price prediction? GALA is the crypto token for the Gala play-to-earn gaming ecosystem. This coin enjoyed a spectacular increase of over 34,000 percent in 2021 – and that was without a single blockchain game being released in its final format.

Now that Gala Games is further down the road, we give a Gala Games price prediction below for 2022, 2023, 2025, and 2030. We consider short-term technical trading factors as well as longer-term influences on the crypto sector as a whole. And, best of all, we identify two coins – TAMA and IBAT – which are billed as 2022’s hottest GameFi crypto of all.

Gala Price Prediction 2022

With a price hovering just above 5c per coin, we look into whether GALA could qualify as one of the best crypto under $1.

Below we outline 4 key Gala price predictions:

  • End of 2022 – The GALA price could double to hit $0.10 (that is 10c) by the end of the year.
  • End of 2023 – If macro factors like inflation and the Ukraine crisis dissipate, we might expect a potential GALA high of $0.27 in 2023 – almost 3 times its present level.
  • End of 2025 – If GALA breaks through historic resistance levels, we might see a GALA 2025 high of $0.38.
  • End of 2030 – GALA will need to push through its all-time high of $0.71 to approach the magic value of $1 a coin.

 

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Gala Price History

 

The price of Gala today is $0.06223. That’s 6.2c per coin.

Gala Price 2021 and 2022 Highlights

  • The Gala price showed two surges of explosive growth in late 2021. With its play-to-earn credentials, it was at the time viewed as one of the most promising crypto.
  • Over the first two quarters of 2022, Gala then followed the rest of the crypto sector into a period of correction, losing 90% of its value.
  • Since 26th July, 2022, the price has recovered by 31% from $0.04764 to its present price of $0.06223.

2021: 454% and 747% Price Surges

In September, 2021, the Gala price soared by 454% in five days.

  • On September 12th, 2021, the Gala price was $0.02119.
  • Five days later – on September 17th, 2021 – the Gala price had risen to $0.1175.

In November, 2021, Gala surged 747% in 16 days.

  • On 12th November, 2021, Gala stood at $0.08409.
  • Then just over two weeks later, on 28th November, 2021, Gala coin hit an all-time high of $0.7121.

Gala Price Prediction 2022

  • Gala Current Price: $0.062
  • Gala Potential High 2022: $0.1
  • Gala Potential Low 2022: $0.047

Our Gala coin price prediction 2022: when an investor is on the lookout for the hottest cryptos right now, it is important to decide whether short-term trading or ‘HODL’ing for the long-term is the priority.

GALA may be one of the best long-term investments – but only time will tell. As part of the nascent play-to-earn gaming phenomenon it is well-placed. But a lot depends on how Gala games go down with players and how competitors do.

In the short term, the Gala price has shown what is known as a ’rounding bottom’ pattern. This pattern is shown by the blue line in the chart below.

The ’rounding bottom’ is generally a bullish sign. It means that the Gala price has found a lower support level – between $0.045 and $0.05. Traders are prepared to buy at this level, pushing the price up.

However, it is not all good news. We can see that the price has recently found an upper resistance level at the $0.070 mark. At this point, traders are selling. This reduction in demand for Gala has pushed the price down. It has breached a minor support level of $0.0656, with a 10%+ slump in recent days.

MACD Indicator Analysis – Gala Token Price Prediction

MACD is a technical charting term of some relevance here. MACD stands for ‘Moving Average Convergence Divergence’. The MACD line gives us an idea of short-term trends in the price.

Technically, the MACD is arrived at by subtracting the 26-day Exponential Moving Average from the 12-day Exponential Moving Average.

The MACD for Gala (not shown) is indicating:

  • Upper resistance levels at $0.07 and $0.078 – if the price rises above these levels, we might expect a bull run.
  • Lower Support levels at $0.065 and $0.0588 – if the price falls below these levels, we might expect a bearish run. Over the last two days the price has breached the support level of $0.065.

Sector Influences on the Gala Price

Our Gala coin price prediction 2022 must take into account more than short-term trading factors.

Over the longer term – specifically Q3 and Q4 2022 – the key influence on the Gala price will be the price of Bitcoin and Ethereum.

Investors who choose to buy Bitcoin are buying into the hype of the crypto sector. Generally, if the price of Bitcoin is doing well, most other cryptos usually do well too.

  • The market capitalization of Bitcoin is currently just under $450bn.
  • Bitcoin comprises 40% of the total value of the $1.12T crypto sector.
  • Since 18th June, 2022, the price of Bitcoin has risen from a 2022 low of $17,744 to $23,515 today. That is a rise of 32% in two months.

As an Ethereum token, we might expect Gala to be influenced by the price of Ethereum too.

  • The market capitalization of Ethereum is currently $226bn.
  • ETH claims 20% of the market capitalization of the entire crypto sector.
  • Since 18th, June, 2022, the price of Ethereum has followed Bitcoin in an upwards trajectory. ETH, though, has done a lot better. It rose from a price of $897 to a present price of $1,853.  That is an increase of 106%.

If Gala continues to rise in value over 2022, a significant point of resistance is the $0.1 mark. The Gala price achieved a price of $0.1006 on 15th May, 2022 – after a localized bounce. If the price exceeds this $0.1 mark in 2022, we can expect to see continued price development.

 

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Gala Price Prediction 2023

  • Gala Current Price: $0.062
  • Gala Potential High 2023: $0.2718
  • Gala Potential Low 2023: $0.047

On 30th March, 2022, the Gala price achieved a localized high of $0.2718 after a minor bounce. We might usefully take this price as an upper resistance level for 2023. If the Gala price pushes through this level, we would expect to see continued bullish development.

We posit a Gala potential low for 2023 which is the same as for 2022: $0.047. In simple terms, this price is just under 5c. The Gala price double-bottomed around this level in Q2 2022. If it falls below this level in 2023, we would expect to see the price fall much further.

Macro-Economic Factors: Gala Price Prediction 2023

The wider stock markets have been in disarray in the first half of 2022. This has had a negative knock-on effect on the crypto sector and on the Gala price in particular.

The benchmark US S&P 500 has been down over 20%. And the tech-heavy NASDAQ has been down by over 30%.

Three key factors have resulted in these bearish market conditions:

  • Price inflation. In the US, 2022 has seen the worst price inflation for 40 years. The CPI index stands at 8.5% for July, 2022. With prices going up, companies are under increased economic pressure – and this is reflected in valuations.
  • The Ukraine crisis. Fractured global supply chains and general uncertainty has led to less investment in the markets.
  • The US Federal Treasury’s ongoing policy of Quantitative Tightening. This policy continues, and aims to reduce the amount of money in the markets. This has a negative impact on investment.

The good news is that all three factors are expected to reduce in 2023. The broader markets – as well as the crypto market – will possibly be safer ground. This will encourage investment.

As a GameFi token, the Gala coin can expect to benefit from the perennial appeal of gaming as a leisure pursuit. But we must bear in mind that – whatever the intrinsic value and popularity of the burgeoning Gala ecosystem – the Gala coin price does depend heavily on broader economic influences.

Gala Coin Price Prediction 2025

  • Gala Current Price: $0.062
  • Gala Potential High 2025: $0.38
  • Gala Potential Low 2025: $0.047

Our Gala price prediction 2025: on 8th February, 2022, the Gala price hit a 2022 high of $0.38 after more than doubling in less than a week. That is a 533% increase in price on its current level. The sudden gain in price was shown to be unsustainable, with the price having then declined for over 4 months.

We might posit that this 2022 high of $0.38 gives us a Gala potential high for 2025. Whatever the price does, it must break through this resistance level at some point to rise any further. At this stage, we cannot predict with any confidence what will happen by the time 2025 comes around.

 

Therefore we posit the same potential low for 2025 as for 2022 and 2023: $0.047.

Below this support level, the GALA price may drop significantly – depending on whether any short-term moving averages at the time indicate any other support levels below.

 

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Gala Price Prediction 2030

  • Gala Current Price: $0.062
  • Gala Potential High 2022: $0.7121
  • Gala Potential Low 2022: $0.047

2030 is a long way off. All we might say with any confidence is that the Gala price may challenge its all-time-high of $0.7121 achieved on 28th November, 2021.

Potential Highs & Lows of Gala

The GALA future price depends largely on whether the Gala ecosystem can produce the best blockchain games. This remains to be seen. In the meantime, we can tentatively project some potential highs and lows for the GALA price:

Year Potential High Potential Low
2022 $0.10 $0.047
2023 $0.27 $0.047
2025 $0.38 $0.047
2030 $0.71 $0.047

Note that we project the same potential low of $0.047 for each of 2022, 2023, 2025 and 2030. This is because this is a key support level, below which we must go back to 2020 for an idea of what resistance the coin’s value will find.

What is Gala used for?

Gala is the utility coin of the burgeoning Gala play-to-earn gaming network.

 

GALA may turn out to be one one of the best coins to buy on the dip. But that depends on its games output. In terms of games available right now, the Gala ecosystem is on the beginning of its journey:

  • 10 games in development: Fortitude (tower defense), Grit (battle royale), Battlestar Galactica (4x), Eternal Paradox (RPG), Superior (3rd-person shooter), The Walking Dead: Empires (MMORPG), Legends Reborn (card/strategy), Mirandus (fantasy RPG), Legacy (business simulation), Echoes of Empire (4x).
  • 1 game in test phase: Town Crush (Match-Three).
  • 1 game pending node vote (which means participants in the Gala ecosystem get a vote on its development) – Last Expedition (FPS).
  • 2 games in Beta version: Town Star (simulation) and Spider Tanks (PvP Brawler).

GALA: Utility Token

Gala coin is planned to take centre stage as the token of exchange in Gala’s P2E and NFT-based games.

  • So far, Gala’s only available game does not use GALA but a special in-game token. In the Beta release of fun simulation Town Star, in-game token TOWN may be used to buy NFT game features that differ in rarity and value.

 

GALA: Network Node Reward

Gala may be used to pay for a license to run one of the 16,000 nodes on the Gala network.

  • Currently a license costs 1.82m GALA. At today’s price, that equates to $113k.

Gala node operators can expect to receive rewards in the form of NFTs and GALA.

But the company is very clear that potential node operators should see the hefty outlay as a contribution to a project they believe in, rather than as an investment:

‘The node license is a product sold by Gala Games, and even though it comes with the ability to earn GALA tokens and NFTs as rewards for operation, there should be no expectation of profit or return.’

What Drives the Price of Gala?

Three main factors underpin the price of Gala:

Investor Sentiment over the Gala Ecosystem

As one of the low market cap cryptos, Gala is very susceptible to investor sentiment over the GALA company.

With a market capitalization of just $400m, the price is very volatile. And, even when the total coin supply was worth a lot more in its heyday in late 2021, hype was very much the driver of price.

  • Between January and December 2021, the Gala price soared by a staggering 34,200%.

Investor Sentiment over P2E Gaming and Metaverse Coins

GALA’s meteoric performance in 2021 was also down to an upsurge in interest in blockchain gaming and metaverses in general. Investors were on the lookout for the best metaverse stocks, and were happy to speculate that GALA could be the next big thing.

Wider Economic Factors

Even if GALA develops into one of the best video game crypto, its fortunes depend on the wider crypto sector as a whole. With investors generally fearful right now thanks to the Ukraine crisis and crippling price inflation, GameFi crypto is under negative price pressure along with all crypto. The best crypto winter tokens are managing to weather the storm – but the outlook remains uncertain at best.

Where to Buy Gala?

etoro logo

When it comes to where to buy Gala crypto, full-service broker eToro is one attractive option.

Founded in 2007, eToro has a reputation for safe and easy trading. This broker offers 68 crypto coins to buy and sell, including Gala coin. eToro charges just 2% commission on a return journey of buying and selling, plus a spread fee.

Also available to trade are 14 crypto-cross pairs (like BTC/ETH), 63 crypto-currency pairs (like BTC/EUR) and 1 crypto-commodity pair (GOLD/BTC) are also available. Generally eToro has a good track record in updating the coins on offer with the best utility tokens that have come to market.

With a free eToro crypto wallet, investors can move certain crypto out of their account for use on the internet. But generally eToro suits those looking to benefit from crypto as an investment rather than as a useable currency.

For investors looking to minimize the risk of buying crypto, diversification is key. eToro usefully provides a range of less risky assets:

  • 3,000+ stocks: everything from the best tech stocks to penny stocks.
  • Commodities: including natural gas, oil and wheat – all of which are hot right now thanks to global supply chain issues.
  • Indices: use CFDs (Contracts-For-Difference) to benefit from small changes in indices like the NASDAQ 100, the FTSE 100 and the GER 40.
  • Forex: 48 currency pairs to trade.
  • Exchange Traded Funds (ETFs): 264 ETFs.

What’s more, eToro is famous as one of the leading social trading platforms. Social investing aims to ensure that investors can learn from each other. eToro offers two key tools: CopyTrader and Smart Portfolios:

  1. With CopyTrader, investors can copy more experienced traders for free. There are almost 1000 crypto traders to copy.
  2. There are 75 Smart Portfolios on offer. Each offers a basket of stocks or crypto based around a particular theme. A minimum investment of $500 applies to buy in. Bucking the slump in the crypto sector, the algorithm-based Napoleon-X Smart Portfolio has returned 8.39% in the last 12 months.

 

eToro is well-served when it comes to payment methods. Investors can buy BTC with credit card, bank transfer and (outside the US and the UK) PayPal.

Gala is also available at top exchanges Binance, Coinbase and Crypto.com.

Pros

 

  • Free eToro smartphone crypto app and eToro Money crypto wallet
  • Competitive trading fees
  • 23m verified users
  • Fully regulated: FCA, ASIC, CySEC, SEC
  • Wide range of supported cryptos including penny cryptocurrencies
  • CopyTrader and Smart Portfolios

 

 

Cons

 

  • $5 flat withdrawal fee
  • Limited crypto withdrawal

 

 

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Is Gala the Best Crypto to Buy in 2022?

 

The Gala coin could turn out to be one of the best gaming crypto coins. But, with only one game released so far and the price of Gala 90% down on its all-time-high, its future is uncertain. Maybe, Gala coin is finished as a dynamic investment for the moment?

On the up, though, is LBLOCK, the crypto for the No.1 NFT competitions platform Lucky Block. Investors are catching on that LBLOCK may turn out to be one of the most undervalued cryptos.

 

Lucky Block is a blockchain-based lottery which aims to reward investors who buy Lucky Block NFTs. NFT holders get entered into draws as well as receive daily rewards relating to the profit pool of the competitions running.

Two versions of Lucky Block crypto have been issued: V1 and V2.

The LBLOCK V2 price has been listed on 3 exchanges in the last month. And, on August 5th, 2022, it will make its debut on Gate.io, which has a 24hr trading volume of roughly $1.2bn.

Over August, 2022, LBLOCK V2 has found a consistent price support level above $0.002.

 

Price predictions for both LBLOCK V1 and LBLOCK V2 are very encouraging. Investors should note that they can buy into the Lucky Block success story without getting involved with Lucky Block's core activity of online lotteries and NFT purchase. Simply get a Metamask or Trust wallet and link up with one of the exchanges offering LBLOCK.

 

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Latest Gala News

Gala Games have recently had three token listings with key exchanges:

  • MTRM listed in a USDT pair with Singapore-based Coinstore.
  • MTRM and TOWN listed with MEXC Global.
  • GALA, TOWN and MTRM listed with Estonia-based exchange P2PB2B.

Gala Games also recently had some of their smart contracts successfully audited by AnChain.AI.

AnChain.AI CEO Dr. Fang said, 'Gala Games' proactive approach to securing their smart contracts and committment to protecting their users has been evident since our first conversation.'

In early August, 2022, Gala launched a new in-house team to maximise engagement with the crypto community called the CaCE Squad (Crypto and Community Engagement).

Is Gala the Best Crypto to Invest in?

A suspicion is that GALA has had its heyday with its all-time-high above $0.7 in late 2021.

So where else can investors look in order to make money from crypto?

With over 20,000 crypto now available, investors might like to narrow their research to two hot new crypto with bright futures: Tamadoge, the P2E token billed as the next Dogecoin, and Battle Infinity, the crypto for a brand-new Indian fantasy gaming metaverse.

Tamadoge (TAMA) - Dogetastic Play-to-earn Gaming Token

Tamadoge is a brand-new gaming metaverse where players develop their own virtual pets. This is a fun new world of casual gaming, with plenty of play-to-earn incentives and strong NFT market mechanics.

What is great about Tamadoge is that TAMA is right now still in it presale phase.

Within just a few weeks, investors have poured 5.6m USDT into the Tamadoge project. This brought the beta presale to an end three weeks before schedule. Investors would be well advised to get in now, as the price is rising as the presale progresses:

  • In the Beta sale, 1 USDT bought 100 TAMA.
  • Now, in the fourth tranche of the presale, 1 USDT buys 57 TAMA.

And with TAMA soon to list on DEX Uniswap and CEX LBank, a pump is surely on the cards.

Investors can buy Tamadoge direct right now.

Min Investment 1,000 TAMA (∼$10+ gas fee)
Max Investment NA
Purchase Methods ETH or USDT now; fiat currency soon
Blockchain Ethereum
Beta Sale Ends 2nd September 2022

 

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Battle Infinity (IBAT) - Hot New GameFi Crypto that Pumped 700% on Listing

IBAT is the in-house crypto for the spectacular new Battle Infinity play-to-earn metaverse.

Battle Infinity places IBAT at the centre of a winning fusion of compelling play-to-earn mechanics and NFT trading - with 6 different areas to the Battle Infinity metaverse, rendered with the famous Unreal 3D graphics engine.

Central to the commercial potential of Battle Infinity and its IBAT coin is the popularity of fantasy sports gaming. The sector is expected to be worth $49bn by 2027. What's more, Battle Infinity is the only competitor to India's two resident giants of fantasy sports: Dream 11 (100m users) and Mobile Premier League (85m users).

  • Thanks to overwhelming demand from investors, the IBAT presale ended recently 65 days early having raised over $5m.
  • IBAT then hit key DEX PancakeSwap on 17th August, 2021 with a list price 26% higher than presale.
  • Buoyed by excited investors, IBAT immediately spiked 700%.

Could Battle Infinity be the next Axie Infinity? We expect it to do even better. Whereas Axie focuses on one play-to-earn gaming platform, Battle Infinity takes in a whole metaverse of fantasy gaming - including India's favourite game, cricket.

Investors can buy Battle Infinity right now. The easiest way of doing it is to sign up for a Metamask or Trust wallet and head over to the Battle Infinity site. Check out the Battle Infinity Telegram site too with over 28k other canny investors.

 

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Gala Price Prediction - Conclusion

Above we have provided Gala price predictions for 2022, 2023, 2025 and 2030.

Having assessed the financial metrics around GALA coin, we conclude that investors may be better off considering one of the best emerging crypto instead.

Best of all, one of the best crypto presales is still available to investors: which is the carbon credit project IMPT. Click the link below for more details.

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