GALA is all set to rally for this month primarily due to the disruptive nature of blockchain gaming. While GALA currently runs on the Binance Smart Chain and Ethereum ecosystems, it has plans to switch to its own blockchain soon. A string of recent partnerships, including that with Epic Games Store, a major non-blockchain gaming company, makes the coming months interesting as we enter December 2022. So, how do we navigate through our Gala Price Prediction 2024 – 2032?
The success of the Epic Games partnership would mean that GRIT, one of the first Web3 games to be released, will be done through the Epic platform. If one can recall the report from trend-spotting firm Gartner, 20% will spend at least an hour each day shopping, working, playing, or learning in the metaverse by 2026. All these only confirm that Gala Games (GALA) is well-positioned to grow and benefit from that future trend.
Two aspects of this metaverse play could encourage you to include GALA in your portfolio:
How much is GALA worth?
Today’s Gala price is $0.0682 with a 24-hour trading volume of $168,615,903. Gala is up by 12.48% in the last 24 hours. The current CoinMarketCap ranking is #126, with a live market cap of $328,463,461. It has a circulating supply of 6,977,205,436 GALA coins and the max. supply is not available.
Let’s take a look at factors for consideration that can help validate our Gala price predictions.
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Gala price analysis 1-day chart: GALA/USDT aims to regain momentum after experiencing pullback from $0.086.
The price of GALA has been experiencing significant volatility, with a notable uptrend since the beginning of the year, as depicted by the series of higher highs and higher lows. Recently, there’s been a pullback from $0.086, with prices currently testing the 20-day Simple Moving Average (SMA) for support.
The Bollinger Bands (BB) show that the price has moved from the upper band toward the middle band, indicating a decrease in volatility and a potential consolidation phase after a period of upward movement. The bands are wide apart, suggesting that high volatility has been the norm in the recent past.
The Moving Average Convergence Divergence (MACD) is above the signal line but is trending downwards, indicating that the bullish momentum may be slowing down. The histogram shows a decline in momentum as the bars decrease in height and begin to change color from green to red, further suggesting a potential bearish reversal or a consolidation.
In summary, while the recent trend for GALA has been bullish, the indicators suggest a potential slowdown in momentum, with key support around the 20-day SMA. Traders may look for either a bounce back from the SMA to confirm a continuation of the uptrend or a break below it to signal a deeper correction.
GALA/USD 4-hour price chart: GALA price exhibit ascending trend
The 4-hour chart for GALA/USDT exhibits a constructive price pattern characterized by an ascending trend. The cryptocurrency has recently broken above the upper Bollinger Band, indicating a strong push by buyers; however, prices have retracted slightly, potentially signaling overbought conditions or a period of consolidation after the breakout.
The Moving Average Convergence Divergence (MACD) is in bullish territory, as the MACD line is above the signal line. The histogram illustrates increasing bullish momentum with taller green bars. This suggests that the bullish trend is still in place, though traders may watch for any crossover below the signal line as a sign of weakening momentum.
The price is currently situated above both the 20-period Simple Moving Average (SMA) and the middle Bollinger Band, which may now act as support levels. If these levels hold, it could indicate that the bullish sentiment remains strong and could possibly lead to a continuation of the uptrend. Conversely, a break below these supports could signal a trend reversal or a deeper pullback. Overall, the current market structure leans bullish, but as with any trading environment, caution must be exercised, particularly due to the potential for sudden volatility in cryptocurrency markets.
What to expect from Gala price analysis next?
The 1-hour chart for GALA/USDT showcases a dynamic market with the price experiencing both ups and downs within a short period. Notably, the price has recently surged above the 20-period Simple Moving Average (SMA), suggesting an immediate bullish trend. This uptrend is confirmed by the price’s position above the middle band of the Bollinger Bands.
However, the latest candles indicate a minor retracement or consolidation, with the price dipping back toward the SMA, which could serve as a short-term support level. This price action comes after a strong upward move, implying that buyers may be taking profits or the market may be pausing before deciding on the next move.
The Bollinger Bands are moderately wide, implying reasonable volatility for this timeframe, and traders might expect continued swings within the bands. The current chart suggests a watchful eye on the SMA for potential support and the upper Bollinger Band for resistance, with a keen observation for a potential continuation of the trend or a reversal if the price breaks below the SMA.
Recent news/opinions on the Gala Network
GALA games have joined forces with Gems Esport. The partnership aims to bring GalaChain into the heart of esports.
Gala Price Prediction by Cryptopolitan 2024-2032
| Year | Minimum Price | Average Price | Maximum Price |
| 2024 | $0.0761 | $0.0789 | $0.0886 |
| 2025 | $0.1074 | $0.1114 | $0.1301 |
| 2026 | $0.1482 | $0.1527 | $0.1884 |
| 2027 | $0.2245 | $0.2306 | $0.2615 |
| 2028 | $0.3236 | $0.3351 | $0.3951 |
| 2029 | $0.4735 | $0.4869 | $0.5714 |
| 2030 | $0.6676 | $0.6871 | $0.8221 |
| 2031 | $0.9612 | $0.9887 | $1.16 |
| 2032 | $1.40 | $1.45 | $1.67 |
| 2033 | $2.08 | $2.15 | $2.52 |
Gala Price Prediction 2024
Our Gala price prediction for 2024 forecasts a maximum price of $0.0886. We also anticipate the Gala price to stabilize around an average of $0.0789, with a minimum value of $0.0761 for the same year. The expected increase in Gala’s price is attributed to strategic partnerships and developments initiated in 2023.
Gala Price Prediction 2025
Based on our Gala price prediction for 2025, we foresee Gala reaching a maximum price of $0.1301. Additionally, the average Gala price is expected to be around $0.1114, with a minimum value of $0.1074 within the same timeframe.
Gala Price Prediction 2026
Our analysis for 2026 suggests a maximum Gala price of $0.1884. The average price is projected to be around $0.1527, with the minimum price expected to be $0.1482.
Gala Price Prediction 2027
For the year 2027, our Gala price prediction anticipates a maximum price of $0.2615. The average price of Gala is expected to hover around $0.2306, with a minimum price of $0.2245. The continuous price appreciation throughout the year is anticipated, reflecting Gala’s growth trajectory.
Gala Price Prediction 2028
In 2028, we predict that Gala will achieve a maximum price of $0.3951. The forecasted average price is $0.3351, with a minimum value pegged at $0.3236.
Gala Price Prediction 2029
Our projections for 2029 indicate a maximum Gala price of $0.5714. The average price is expected to settle at $0.4869, with a low of $0.4735. The introduction of new projects within the Gala ecosystem is likely to spur mass adoption, positively impacting its market value.
Gala Price Prediction 2030
For 2030, we anticipate Gala to reach a peak price of $0.8221. The average price is expected to be around $0.6871, with a minimum price of $0.6676.
Gala Price Prediction 2031
According to our analysis for 2031, Gala is expected to reach a maximum price of $1.16. The average price is predicted to be $0.9887, with the minimum trading price projected at $0.9612. This year is expected to be significant for Gala, with steady growth leading to potential high returns for investors.
Gala Price Prediction 2032
Our Gala price prediction for 2032 forecasts a maximum price of $1.67. The average trading price is expected to reach $1.45, with a minimum price of $1.40. The year 2032 is anticipated to set new records for Gala, offering promising returns on investment.
Gala Price Prediction 2033
For the year 2033, we project a maximum Gala price of $2.52. The average trading price is anticipated to be $2.15, with a minimum price of $2.08. This projection underscores Gala’s potential for significant growth and its ability to reach new price heights.
Gala Price Prediction by Wallet Investor
According to Wallet Investor, Gala is a bad long-term investment. Wallet Investor also predicts that Gala will be worth $0.00865 in one year. In five years, they expect the coin will devalue by 98.5%.
Gala Price Prediction by CryptoPredictions
According to CryptoPredictions, Gala is expected to reach a maximum price of $0.0930, with an average price of $0.075 by 2024. The lowest price of the coin is expected to be $0.063.
By 2025, the coin is expected to reach a maximum price of $0.105, with an average price of $0.056. The coin’s lowest price by that is expected to be $0.071.
By 2027, CryptoPredictions forecasts that Gala will reach a maximum price of $0.136, with a minimum price of $0.092. The coin’s lowest price by that time is expected to be $0.108.
By 2028, CryptoPredictions predicts that Gala will reach the maximum price of $0.1497, with a minimum price of $0.1018. The average price is expected to be $0.119.
Gala Price Prediction by Digital Coin Price
Digital Coin Price predicts that Gala will reach a maximum price of $0.14, with an average price of $0.13. The minimum price is $0.0560 by the end of 2024.
By 2027, they predict that Gala will be worth a maximum price of $0.28, with an average price of $0.26. The minimum price of the coin is expected to be $0.24.
Furthermore, Digital Coin Price predicts that the Gala coin will reach a maximum price of $0.34, with an average forecast price of $0.33 by 2029. The lowest price of the coin is expected to be $0.34.
Also, Digital Coin Price predicts that Gala will have a maximum price of $1.21, with an average trading price of $1.19 by 2033. The lowest price of the coin is expected to be $1.17.
Gala Price Predictions by Coincodex
Coincodex predicts that Gala will have a yearly high of $0.296, with a low of $0.0624 by 2025.
By 2027, they expect to have a yearly high of $ 0.166337 and a low of $ 0.052010. By 2029, they expect Gala to reach $ 0.400905, with a yearly low of $ 0.161023. By 2030, they expect Gala to reach a yearly high of $ 0.257682, with a low of $ 0.158925.
Overview of Gala coin
| Gala Price | $0.06 |
| Gala Price Change 24h | 12.89% |
| Gala Price Change 7d | 13.19% |
| Gala Market cap | $2,088,045,441 |
| Gala Circulating Supply | 30,142,380,649 GALA |
| Gala Trading Volume | $60,487,873.63 |
| Gala All-time high | $0.84 |
| Gala All-time low | $0.00015 |
Gala Price History
GALA’s price has been bullish for the long term as the token rose to an all-time high above $0.8. Since its inception in 2019, the token achieved a value of $0.0015 in Sept 2020. Following this price level, the token fell as low as $0.0002 and rebounded to reach a price of $0.003.
Following the start of 2021, the token reached a price of $0.03 by March, following down to $0.0078. However, the token again turned bullish and reclaimed $0.04 by Sept 2021.
The GALA price forecast presented by several websites is mainly bullish, and it seems that soon, we will see the average price of the GALA token above $1.
In 2021, GALA saw a remarkable spike in its price, notably in November, when it surged from $0.086 on November 11 to its all-time high of $0.8248 on November 26. This peak was attributed to growing interest in the play-to-earn gaming model and broader cryptocurrency market rallies. By March 25, 2021, the price of GALA was recorded at $0.023859, and by the same date in 2022, it was significantly higher at $0.253302. However, this period marked a high point before a downtrend, reflecting the volatile nature of crypto assets.
Throughout 2022, the broader crypto market faced challenges, with many tokens, including GALA, experiencing price corrections. The decline from its 2021 peak illustrates the impact of market cycles and investor sentiment on cryptocurrency valuations. Despite these corrections, GALA maintained a presence in the market, adapting to the evolving landscape of blockchain gaming and digital collectibles.
Entering 2023, GALA’s price showed resilience amid market fluctuations. On March 25, 2023, the price was noted at $0.039635, representing a 70.38% increase from the previous year, despite not reaching its former highs.
More on Gala Coin
What is GALA?
GALA is the utility token of Gala Games and is the main asset used in the Gala Ecosystem for gaming and buying the in-game assets. The token is an integral part of Gala Games, which users can use in the Gala Games ecosystem by running a Gala Node.
However, to run a node, Gala players will need a license that will allow them to earn rewards and NFT from their home computers. But the catch is that this license costs $13,000 in ETH, BAT, or GALA. Furthermore, the number of nodes that can participate in the process is 50,000.
How does Gala work?
Gala is similar to a Steam store or GOG and involves a variety of games that users can play on the platform. Unlike other stores, which include players paying to play the games, the games here are free-to-play, and users can own all the items in the game. GOG.com is a digital distribution platform with a curated selection of games and a philosophy that is “you buy it, you own it.”
Gala’s approach to blockchain-based gaming is unique compared to the new ‘buying’ in-game items. There are a total of 5 games on the platform:
- Mirandus
- Spider Tank
- Town Star
- Fortified
- Echoes of Empire
Most of these games are NFT and Metaverse-themed, where users will have to create something or use NFT to complete the game. Players will also find an NFT store with several in-game assets distributed in these categories: six rarity classes: Common, Uncommon, Rare, Epic, Legendary, and Ancient.
Gala Partnerships
Gala ended 2021 on a high with an announced partnership with Under Armour. This is poised to be a partnership for charitable causes. Two thousand nine hundred seventy-four editions of the Genesis Curry Flow NFT were made available.
Binance partnered with Gala Games and many other metaverse networks to give metaverse tokens worth $400,000 last December 2021.
Gala promised to develop blockchain games that people would want to play. They delivered on that promise by announcing in December that they would partner with legendary Sims designer Will Wright. Gala Games and Gala Labs worked with Wright to create the VOXverse, a home for your favorite collectible “avatars that DeFi!”.
Gala games enable blockchain-gaming-focused projects, allowing users to utilize their NFT characters in gameplay. These features made it easy for GALA to make significant gains after being listed on the Binance exchange.
What makes Gala unique?
Gala has several unique qualities that stand apart from other blockchain-based play-to-earn gaming platforms.
- Gala has an integrated store, making it way easier for players to play and earn or buy and sell in-game items over its built-in marketplace.
- It is built on the Binance Smart Chain and is a BEP-20 asset. This brings down the transaction fees while spending GALA tokens.
- Gala’s massive community decides which games to list and governs the platform’s performance. It has a whopping 1.3 million-plus monthly users.
Conclusion
Gala is poised to reach new heights in the future based on our price prediction. Having accessed the financial metrics of the coin, we conclude that it is a good long-term investment for investors. Our long-term GALA token price prediction is $2.52. Even though we are bullish on the token, we expect you to do your own research before investing in it.