In my last analysis, around a month ago, I noted that GALA could very well be in a longer-term accumulation phase, similar to ADA back in 2018. The token was heavily shorted, so it’s primed for some kind of short-squeeze. Binance has the lowest transaction fee rate amongst all major trading platforms. Get the latest crypto news, updates, and reports by subscribing to our free newsletter.

To check Gala’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. Deposit crypto to our exchange and trade with deep liquidity and low fees. The total dollar value of all transactions What is GAKHcoin for this asset over the past 24 hours. The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading. Get the latest crypto news and latest trading insights with the CoinMarketCap blog.

• In addition, the Gala crypto can be traded on various exchanges, which allows miners to cash in on their earnings.
• The company was founded back in 2019 by Eric Schiermeyer, Wright Thurston, and Michael McCarthy.
• With the help of blockchain technology, Gala could revolutionize the way we play games and interact with each other.
• Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Gala is a decentralized gaming ecosystem that runs on the blockchain. The Gala token, the native virtual currency of the Gala network, https://cryptolisting.org/ is used to power all transactions within the ecosystem. Gala has a wide range of games designed to appeal to all types of gamers.

What is the supply schedule for GALA tokens?

As a result, miners are often rewarded with Gala tokens for their contributions. In addition, the Gala crypto can be traded on various exchanges, which allows miners to cash in on their earnings. The games of the project keep drawing in more and more players, and its token is being traded daily, meaning that they are seen as safe enough by the crypto community.

Huobi labels the pGala token a meme coin, incentivizes users with a trading contest. When you buy into a project early, and with a low budget, you can expect massive returns if you perform proper research and invest at the right time. However, making the correct investment decision can be challenging. In the past, Terra and Gala , which ranks below 200 in the cryptocurrency market, and the rest of the market have done well in October.

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Lastly, you can download the node if you are looking to become one of the runners and help with the improvement of the network. GALA is the ERC-20 utility and rewards token for Gala Games Ecosystem. Founder’s Nodes operators earn GALA and limited edition non-fungible tokens for providing resources to run games on the Gala Network. GALA is transferable between players and may be used to purchase NFTs representing in-game items such as land and buildings. Players of the Town Star game can purchase CraneBot NFTs to speed up the building process of the Town Star world. NFT ownership is permanent on the Gala Games Ecosystem, and users will never be prevented from accessing their in-game items for example from being banned by a moderator.

The year 2031 will be determined by the maximum GALA price of $1.41. Gala was launched without an ICO, and players could directly purchase GALA tokens from Gala. Also, you can buy it on many crypto exchanges, including the big ones like Binance and Coinbase. As told by SlowMist, pNetwork, the cross-chain interoperability bridge used by Gala Games on the BNB Smart Chain, had three privileged roles in its smart contract pGALA. The Gala price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. GALA’s price skyrocketed in November 2021, from $0.086 on Nov. 11 to $0.8248 on Nov. 26, which is the coin’s all-time high to date.

There are currently GALA tokens on the market, with tokens available. Before you are a global chart of the GALAUSDT trading pair The downward trend has been going on for almost 9 months. The chart shows the first signs of a possible break and change in the trend of the GALA price movement to up. However, the truth will be that there is no aggressive confirmation that in the future there will only be an increase in the GALAUSD… Yesterday GALA token took a huge dump due to a whitehack exploit that was meant to be good and help safekeep GALA from future exploits. It was done by the team so price should slowly recover to previous points.

“All GALA tokens on Ethereum as well as the underlying bridge collateral are SAFE,” an affiliated firm tweeted. Check out Axie Infinity – a pet-oriented trading game incorporating NFTs. To learn more about this project, check out our deep dive of Gala.

GALA = $0.026053357215

So far, Gala Games has released one playable game – Town Star and an NFT collectible series – VOX. It plans to release more games in the future, such as a fantasy RPG game, a sci-fi strategy game and a tower defense game. Gala Games is a blockchain gaming platform that aims to provide web3 technologies and services to gamers and developers. The company was founded back in 2019 by Eric Schiermeyer, Wright Thurston, and Michael McCarthy. They are the mobile game developers who were the brains behind Farmville. How to invest in cryptocurrency in India CoinSwitch is the leading crypto exchange in India.

World currency prices are based on rates obtained via Open Exchange Rates. The GALA token runs on Ethereum and the Binance Smart Chain blockchain. The network is secured by its own set of nodes called Founder’s Nodes.

No content on our site is meant to be a solicitation or offer. The fully diluted market value is referring to a cryptocurrency’s market cap when/if its total supply is issued. Polygon was last week’s top performer among the top 20 cryptos in terms of market capitalization, as its value surged by over 30%. At press time, MATIC was trading at $1.20 with a market capitalization of $10.4 billion, according to… SlowMist went on to explain that both the DEFAULT_ADMIN_ROLE and MINTER_ROLE roles were controlled by pNetwork during initialization.

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Gala Games was founded in July 2019 by Eric Schiermeyer, co-founder of Zynga, the social and mobile games company that launched video games Poker and Farmville. As of April 2022, Gala Games has over 1.3 million monthly active users and has sold roughly 26,000 NFTs, with the most expensive one worth over $3 million. Currently, there are 6.98 billion GALA tokens in circulation. Cryptoassets are unregulated in some EU countries and the UK.

Community members are speculating the cause of this massive decline is hack exploitation. Each VOX is unique, but VOX has other uses besides being an NFT avatar – letting users lock up GALA and earn VOXcoin. Get daily alerts on price changes of the top 10 cryptocurrencies.

Nodes can also vote about which games are released to the Gala Games platform. You can operate a node by purchasing an account and running it on your computer. GALA are rewarded to node operators according to a point system. Running a node for a minimum of six hours in a cycle scores 1 point and referrals running nodes for at least six hours scores 0.1 points. At the time of distribution, all of the points are added up and the GALA is split between these points. Gala have also made the ‘Gala Nodes’ available for their users.