The coverage about GALA coin, includes the speculation of an accumulation phase by analysts and potential for a price rise to $0.050. While 2025 price forecasts suggest that GALA could attract stability in the long run, short-term analysis shows the currency may revive from a substantial pullback, with a predicted price of $0.029707 by October 29, 2024.
Bullish sentiments are bolstered by GALA Games’ expansion within the iGaming sector. From facilitating an ecosystem of over 3 million users on its Telegram platform to exciting partnerships and product launches, the company aims to redefine gaming and entertainment on the blockchain. GALA introduced its own chain, GalaChain, and announced the launch of Music Coin, alongside its $TREZ token.
However, a security breach resulted in a significant loss of funds, causing GALA prices to drop, despite advancements like integrating Google Pay. GALA’s recovery from the incident could affect market sentiment. The company took swift action, managing to recover a portion of the stolen funds. GALA also introduced new features spreading optimism, as its growth points towards a potential bull run. The gaming token still stands as one of the cheap altcoins with significant growth potential, showcasing signs of a rally.
GALA Coin News Analytics from Fri, 09 Feb 2024 08:00:00 GMT to Mon, 18 Nov 2024 18:35:00 GMT - Rating 6 - Innovation 7 - Information 7 - Rumor -3