- The Gala community has made strategic acquisitions together with Ember Leisure, which could have its Dragon Strike and Meow Match built-in with its blockchain.
- The GALA ecosystem has grown to over 1.3 million month-to-month energetic customers who’ve traded over 26k NFTs.
The GALA coin has jumped over 138 p.c up to now few days to commerce round $0.04246041 on Tuesday. The blockchain video games improvement ecosystem takes delight in a vibrant on-line group and extremely incentivized builders. As such, the GALA community has seen its each day traded quantity spike considerably up to now few days.
Based on our newest crypto value oracles, the GALA community recorded a mean traded quantity of roughly $1.58 billion up to now 24 hours and a market cap of about $319 million.
Notably, the spike is partially attributed to a report that GALA video games have inked an official partnership with common actors Dwayne Johnson alias The Rock and Mark Wahlberg. Nonetheless, the GALA community has since deleted the tweet announcement on Twitter, which has contributed to a slowdown within the earlier pump.
“Just a bit bit of knowledge concerning our ongoing work with @TheRock and @markwahlberg.$GALA is the gasoline token in @GoGalaFilms and @GoGalaMusic as properly!,” the tweet famous.
The Gala video games have made strategic acquisitions together with Ember Leisure, which could have its Dragon Strike and Meow Match built-in with its blockchain. As such, the sport builders have widened the real-world utility of GALA cash, which will likely be used for paying transaction charges in newly acquired video games.
Extra particulars about our acquisition of Ember Leisure! These video games, beginning with Dragon Strike and Meow Match will likely be built-in with our L1 Blockchain and use $GALA as gasoline.
P2E is coming to cell! pic.twitter.com/RfBJh6uqQe
— Gala Video games (@GoGalaGames) January 10, 2023
With extra gaming platforms utilizing GALA cash for transaction charges, the ecosystem is sure to exponential development regardless of the year-long bear market.
“Benefactor pronounces that $GALA would be the token that powers @TownStarGame and can swap all $TOWN for $GALA at a 2:1 ratio,”
the corporate announced.
GALA Market Outlook Amid Delicate Altcoin Rally
The crypto market has obtained a gentle rally up to now few days regardless of detrimental sentiment fueled by the FTX and Alameda fallout. Crypto firms are having a difficult time convincing merchants about normal crypto safety. Moreover, rug pulls and hacks have been rampant within the crypto market, particularly throughout the 2022 bear market.
The GALA group has not been exempted from such rumors. Final 12 months, the GALA coin crashed by over 25 p.c in a number of hours following rumors of a rug pull orchestrated on the pNetwork bridge. Whereas the information later got here out as fud, the GALA coin had misplaced over 90 p.c of its worth on some crypto exchanges.
Sure, we observed pGALA wasn’t to be thought-about secure anymore and coordinated the white hat assault to forestall pGALA from being maliciously exploited. Funds are secure however customers ought to NOT switch or purchase/promote pGALA on pancakeswap
— pNetwork 🦜 (@pNetworkDeFi) November 3, 2022
In the meantime, the GALA ecosystem has grown to over 1.3 million month-to-month energetic customers who’ve traded over 26k NFTs. Notably, the most costly NFT bought on the GALA community went for about $3 million.
