GALA soars 140% in one week, thanks to GALA Games

SNEAK PEEK

  • GALA, the native currency powering Gala’s crypto gaming environment, has surged by a startling 139.8% over the previous week, according to data from CoinGecko.
  • GALA is now trading for $0.042, up 13% from the day before, making it the 98th-largest cryptocurrency by market capitalization at the time of publication.
  • Gala prices could increase significantly as a result of The Rock and the ecosystem’s development team announcing a strategic collaboration.

For cryptocurrencies, this year has been profitable so far. Since the beginning of the year, the total market capitalization of cryptocurrencies has increased by 6.7% to $884 billion, according to data from CoinGecko.

According to data from CoinGecko, GALA, the native token driving Gala’s crypto gaming ecosystem, has increased by a staggering 139.8% over the previous week and is the top gainer among the top 100 cryptocurrencies by market value.

By market capitalization at the time of publication, GALA is the 98th-largest cryptocurrency and trades for $0.042, up 13% from the previous day.

The announcement of a strategic partnership between The Rock and the ecosystem’s development team may cause a sharp rise in Gala prices. The team has also been working nonstop to change the business model and promote community involvement through Twitter Spaces.

Gala Games and The Rock actor Dwayne Johnson have agreed to collaborate, but before that, let’s quickly review this metaverse project‘s past. Eric Schiermeyer, who also co-founded Zynga and Gala Games, is renowned in the gaming industry. Millions of people worldwide play the popular social games that Zynga is one of the top manufacturers of every day.

For cryptocurrencies, this year has been profitable so far. Since the beginning of the year, the total market capitalization of cryptocurrencies has increased by 6.7% to $884 billion, according to data from CoinGecko.

According to data from CoinGecko, GALA, the native token driving Gala’s crypto gaming ecosystem, has increased by a staggering 139.8% over the previous week and is the top gainer among the top 100 cryptocurrencies by market value.

By market capitalization at the time of publication, GALA is the 98th-largest cryptocurrency and trades for $0.042, up 13% from the previous day.

However, the business said that “everything is alright” and that both the GALA tokens on Ethereum and the GALA bridge assets were secure. However, the speculative activity had a detrimental impact on the token’s USD valuation, which fell by 90% on certain cryptocurrency exchanges in a few days.