Gala is a web3 platform that is built on a layer-1 blockchain known as GalaChain. The platform was initially designed to support the Gala Games, Gala Music, and Gala Film ecosystems. The GlaChian is now welcoming external developers and projects from various industries. The project provides open-source developer resources to simply build and deploy applications on its blockchain. Do you want to know more about Gala? We have all the significant details for your consideration. Check out the project overview, performance, token distribution, six-year price prediction, available exchanges, and credibility.
Let us explore Gala:
What is Gala (GALA)?
Gala is a trending gaming platform that allows participants to explore different games. The focus of the project is to become the first blockchain to reach one billion users. Open-source tools like GalChain SDK and Creator Portal aim to make it easier for innovators to leverage the benefits of Web3. The platform helps developers to bring their ideas to life within the Web3 space. The $GALA token fosters a unique ecosystem by allowing developers to design specific tokens for their projects. The GalaChain ecosystem ensures secure transactions within the platform.
Token Details: Gala (GALA)
The official token of the ecosystem is $GALA. This is a utility and gas token that can be used for transactions within the platform.
| Market Cap | $842,390,505 |
| 24-hour Trading Volume | $132,401,766 |
| Circulating Supply | 39,480,549,466 |
| Max Supply | 50,000,000,000 |
| Chains | Ethereum Ecosystem, GalaChain Ecosystem |
Tokenomics of GALA
The maximum supply of the GALA tokens is 50.00B. Here is the allocation of the GALA tokens:
- Founder’s Node Distribution (Year 1): 50%
- Founder’s Node Distribution (Year 2): 25%
- Founder’s Node Distribution (Year 3): 8.34%
- Founder’s Node Distribution 1 (Post-Burn): 8.38%
- Founder’s Node Distribution 2 (Post-Burn): 8.20%
Future Price Prediction of Gala (GALA)
Do you want to invest in Gala? It is better to initiate the investment after analyzing the future price prediction. Professional investors make it a point to check the price prediction before investing. This helps you to analyze the best entry point for investment. We have made future price predictions after examining the performance and the market trajectory of the project. You can check the future price prediction of GALA, here:
| Year | Minimum Price Prediction | Average Price Prediction | Maximum Price Prediction |
|---|---|---|---|
| 2025 | $0.02421 | $0.3231 | $0.8575 |
| 2026 | $0.03351 | $0.06754 | $0.4141 |
| 2027 | $0.02819 | $0.03870 | $0.08034 |
| 2028 | $0.02715 | $0.05332 | $0.1011 |
| 2029 | $0.04766 | $0.2281 | $0.8786 |
| 2030 | $0.05150 | $0.09113 | $0.4346 |
Where can you buy Gala (GALA)?
You can trade GALA tokens on centralized crypto exchanges. If you want to look for the most popular option then Binance is the right destination for you. It has the active trading pair GALA/USDT and the most active trading volume of $15,429,268 for the past 24 hours. You can also check for other popular options like HTX, and ByBit. The exchange functions as your trading partner. Make sure that you check the transaction fees and reliability of the platform before choosing.
How Do You Buy Gala (GALA)?
Have you decided to invest in GALA? If yes, check for the steps below:
Step 1: The initial step of the investing process is to create your free account on the website or application of the exchange. Read for the user’s review and reliability of the exchange before investing.
Step 2: After the account is created, you can fund it. There are different options for funding which include Credit Cards, Debit Cards, Bank Deposits, P2P Trading, and Bank Deposits.
Step 3: You can now proceed to buy GALA. Check for the token in the “buy and sell” section of the exchange. If the price of the token seems to be higher than your investment budget, you can choose to buy a fraction of GALA.
Step 4: After the purchase is made, you have to find ways to store the crypto. You can hold GALA in the crypto account or save it in the personal cryptocurrency wallet. You can trade GALA for other cryptocurrencies. This can make you passive revenue.
Reminder: Check for the authenticity of each platform before participating. There is scamming happening on the internet, so be sure to stay away from scams.
Is Gala (GALA) a credible investment option?
The platform prioritizes a user-friendly approach that helps developers build applications. The crypto project is unique in various ways. As per the analysis of the crypto project, Gala appears to be a credible investment option for crypto enthusiasts. However, be sure to do your research about the project before proceeding with the investment. The volatile nature of the crypto ecosystem demands your special attention.
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