Gala (GALA) is positioned at the head of the recovery movement that is currently affecting the cryptocurrency marketthis with an upward movement of 56% which brings its price to $0.03759.
The token of this company, focused on the crypto-gaming and metaverse sector, has recently been the source of a big surprise for investors with an increase of 495% its trading volume, the latter thereby increasing to 992 million dollars in the last 24 hours. Surprisingly, this positive GALA momentum could increase in the hours ahead and potentially continue into the week.
Why such a high price increase for the GALA?
The significant jump in the GALA award can be attributed to a new strategic partner announced by the ecosystem development team a few hours ago with international star The Rock. Additionally, the team has been working hard lately to reshape the company’s business model while encouraging community participation through Twitter Spaces.
Gala Games and Dwayne Johnson, better known as The Rock, have indeed signed a collaboration agreement, 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 gaming veteran as he is also the co-founder of Zynga. Recall that Zynga is a company based in San Francisco and leader in the social games 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 everyday .
Separately, Take-Two Interactive acquired Zynga in a deal valued at $12 billion in 2022. For its part, Gala Games is a startup in the blockchain sector that aims to build an environment dedicated to gaming. The platform was an early player 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 momentary increase in the GALA price shows that the community surrounding the project appreciates the latest changes and developments that the teams are focusing their efforts on. Likewise, the new collaboration with The Rock serves as a pivotal point in the progression of the token. In this partnership, The Rock is accompanied by Mark Wahlberg, another big name in the American film and entertainment industry.
According to a press release issued by the developers of the project, users within the Gala ecosystem will be able to scan a QR code to purchase movie tickets and win virtual prizes on Netflix. The Gala Games development team 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 applications faster and earn rewards in GALA tokens.
Satoru Kikugawa, general manager of Gala, said in an announcement to the community:
“I see a lot of questions about our change of strategy for the mobile sector. Our recent acquisition represents a major step forward in terms of our ability to test and explore new development strategies (…) If you asked our teams to create fifteen games, it would take 9 to 12 months per project. »
GALA flies by 120% in one week: where will it stop?
The price of Gala is significantly bullish in the last 24 hours and this sudden increase has surprised many investors, especially considering that the bitcoins (BTC) and theEthereum (ETH) has maintained relatively stable trajectories. The level of support a $0.0150 it provided an opportunity for the bulls to take control of the trend.
An increase in buying pressure from traders during the day, coupled with renewed investor interest, offered enough strength for GALA to peak in the $0.03759 action zone. Although the bulls have the upper hand, the uptrend appears to have stopped at the 50-day exponential moving average (EMA) (in red) at $0.0402.
A break above the 50-day moving average could push GALA price to $0.08716 and beyond it to the symbolic $0.20. Note that at its all-time high, GALA’s price was $0.87. Technical indicators imply that the bulls are in a strong position, however in the absence of news most of GALA’s upward movement has likely already ended, at least in the short term.
Which Altcoins to Choose for a Quick Return on Investment?
Many investors missed the rapid rise in Gala’s price, which jumped 120% on the week. However, traders could make even greater gains if they focus on a selection of crypto projects currently in their pre-sale stages.
Calvari (RIA)
Cranial vault (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 players don’t need to purchase an NFT to start playing. Indeed, the game is accessible for free, which allows the wider audience to enjoy the experience.
The team leading the project intends to make their game interesting for both the Web3 sector and the traditional gaming market, by creating two versions of the game, one of which will be accessible through the different app stores such as Google Play or the Apple Store.
The Play to Earn version, on the other hand, will benefit from all the blockchain features and will allow the arrival of players who are not habitués of the crypto sector. This wish from the development team aims to give Calvaria a gain in popularity as soon as it is released.
Do not hesitate to consult the White paper of the Calvaria project as well as participating in the presale by clicking on this link.
RobotEra (TARO)
RobotEra is a new blockchain game project supported by LBank. Like The Sandbox, the RobotEra teams are currently working to create a metaverse whose worlds would be interconnected with each other. Users who register on the platform will have the opportunity to own plots of land on which it will be possible to offer various services.
Furthermore, it should also be noted that players will have the ability to build upgradeable buildings, collect resources, and participate in quests in order to obtain specific rewards.
TARO is the project’s native token, 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, playing games and 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 public listing.
Click on this link to visit the official website of the RobotEra project and take part in the pre-sale.
Tamadōge (TAMA)
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, merge and take care of virtual pets designated under the name of Tamadoge Pets.
Tamadoge Pets are represented as NFTs, making it easier for players to sell, buy, and simply trade them. Furthermore, it is also possible to improve Tamadoge Pets: players will have the possibility to train their own Tamadoge Pets and equip them with items obtained through the platform’s integrated shop.
Tamadoge Pets owners will also be able to earn Doge Points by exploring the Tamaverse and competing with each other. Users with the most Dogepoints at the end of each month will have the chance to get special rewards, which will increase the competitive aspect of the community and probably positively influence the price of TAMA in the long run.
Visit Tamadoge official website and get TAMA token
Infinity Battle (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 in a professional sport.
IBAT is the native token of Battle Infinity, a Blockchain platform that is attracting a lot of attention. In Battle Infinity, players can purchase NFTs representing top real-world athletes to build the best teams possible. Players can browse and search for top performing athletes through the in-project store.
The objective of Battle Infinity is to win the competition by earning points, these are based on the performance of the athletes in the real world, therefore 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 championship, the winner being awarded with IBAT tokens.
Buy the IBAT token now by visiting the official site of the Battle Infinity project.
Click 2 Exchanges (D2T)
Learn 2 Trade veteran and expert traders have come together to launch a new project that promises to be the best analytics platform in the cryptocurrency industry. Dash 2 Trade aims to provide its expertise so that investors can benefit from quality trading signals and social analysis on the state of the markets, in order to maximize their profits.
A strategy builder with the latest technical indicators and live data from major exchanges will allow traders to create buy or sell strategies, which can be shared with other users on an integrated forum.
The presale of the Dash 2 Trade project ended a few days ago, but the team leading the project allows investors to buy at a price of $0.0556. The token will make its first debut on a centralized exchange on January 11, 2022.
Click here to visit the official site of the Dash 2 Trade project.
Combat (FGHT)
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 give as many people as possible the opportunity to benefit of 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. The pre-sale of Fight Out raised over $2.78 million by offering a 50% bonus on purchases under $5 million.
Visit the official Fight Out website