More

    Why is Gala crypto Coin going up and is it a good investment?

    The cryptocurrency sector has been on a constant rise for a long time and several investors have managed to increase their profits using various currencies like Bitcoin, Dogecoin and more. One such currency is the GALA coin and its value has seen a 2.39% rise in the last 24 hours. According to the Coin market cap, GALA’s current value is $0.100567 and it has a 24-hour trading volume of $132,963,439. Because of this, several users have been trying to know ‘why GALA crypto is going up?’ Here is all the information available on the internet about GALA cryptocurrency. 

    Why is Gala crypto Coin going up?

    The current ranking of GALA in the entire cryptocurrency ecosystem is #220. Because of a slight hike in its price the total market cap of the coin has increased to $693,790,006. Since the rice of the coin has been on a gradual rise for almost a week now, the GALA cryptocurrency could be a good investment. It is also because the shortage tends to encourage price rise. Gala Games is a well-known gaming platform that has now been combined with the Non-Fungible Tokens(NFT). The main aim of the gaming platform is to help the creators come up with “blockchain games you’ll actually want to play.” GALA is the company’s native utility token and the success of Gala Games could have an impact on its price. 

    Gala Price prediction

    Well, it is not an easy task to make price predictions for cryptocurrencies which tend to be highly volatile when it comes to their value. So we have used data from PricePrediction.Net that can help predict the price of the NFT using deep artificial intelligence-assisted technical Analysis on the past price data of the coin. According to their data, the price of this coin can reach a maximum value of $0.11 by the end of 2021. Its price could increase to $0.15 in 2022, $0.26 in 2023 and $0.33 in 2024.

    Keep in mind that these are just price predictions and you should always do thorough research before investing in any cryptocurrency.

    Related articles

    Comments

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Share article

    Latest articles

    Stakeholders talk about what could be the way forward

    The government’s plan for a Bill to act against private cryptocurrencies has reopened the debate on the fast-moving, highly volatile sector, where policy has...

    Here’s What’s Next for Polkadot, The Sandbox and Three Low-Cap Altcoins, According to Crypto Analyst

    A popular crypto strategist and trader is mapping out the levels where Polkadot, The Sandbox and three other low-cap altcoins could bounce and potentially...

    This Ethereum L2 rose by 1551%, outperformed Loopring, dYdX, Optimism

    Ethereum has seen a myriad of Layer-2 solutions developing over time, with the fight to gain prominence never-ending. However, the emergence of Boba Network...

    Bitcoin AUM falls 9.5% to record largest monthly pullback since July

    While Bitcoin’s (BTC) position as a viable hedge against fiat inflation continues to attract investors, new data reflects a change in sentiment as Ethereum...

    Is crypto mania more a symptom than a cause?

    The draft legislation on crypto currency being introduced in Parliament and the stance of the RBI suggest that consideration is being given to banning...

    Newsletter

    Subscribe to stay updated.