Gala (GALA): Price Prediction For 2030
✍️ 10 November, 2022 - 17:51 👤 Editor: Jakub Motyka
- The play-to-earn cryptocurrency Gala (GALA) is set to rise to $5 by 2030.
- A rising popularity of P2E games, and the overall crypto adoption back the forecast. What is the price prediction of Gala (GALA) for 2030?
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Gala (GALA) is a play-to-earn gaming blockchain on Ethereum, BNB Chain, and currently working on its own blockchain, GalaChain. On the platform, players use in-game items - video game accessories for enhancing the capabilities of virtual characters - as non-fungible tokens tradeable in the secondary market. Below we look at the price prediction of the GALA token for 2030.
At the time of publication, GALA was trading for $0.03255, representing a +15.32% in the past day and a 12% drop in the last week. Judging from the technical and fundamental analysis, GALA would be worth $5 by 2030, according to experts.
Decentralization In Gala Set to Boost GALA Price
Backing the prediction is the concept of Gala games. It aims at giving players control over their games and the in-game items. The idea of a fully owner-controlled gaming is gaining popularity and can boost the adoption of Gala games. As more users adopt the blockchain, the demand for GALA and the price will rise.
Founded in 2019, Gala Games is the creation of Eric Schiermeyer, co-founder of gaming firm Zynga, Wright Thurston, and Michael McCarthy. The trio founded the Gala to decentralize p2e gaming and onboard as many users as possible. With the strategic position that Gala enjoys in the blockchain space, GALA, also used in rewarding nodes and in-game trading items, could jump to $5 by 2030.
How Strong Is Gala Blockchain, And Can The Price Prediction Of GALA For 2030 Hold?
Gala blockchain competitiveness has a possibility of pushing GALA to $5 by 2030. The network uses a triple algorithm – proof of work, proof of stake, and proof of storage. Additionally, it lets users participate in governance through voting rights – decisions including the games to be added to the ecosystem.
One can also purchase nodes (computers connecting a network) with Gala (GALA), Ether (ETH), or Basic Attention Token (BAT) for governance.
Overall, as the concept of p2e tokens gains traction, GALA stands to benefit, and the token's popularity could reach as high as $5 by 2030.
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