Gala Coin has had a tumultuous period, with price forecasts predicting significant growth. However several setbacks including a
$22M crypto heist and further exploits causing the gaming token to crash have shaken investor confidence. Despite this, the
Gala Games company has managed to stabilize the situation and even saw the return of $22M from the exploit attack. The Opera network has noted Gala as a crypto to potentially explode, reinforcing this perspective despite the upheavals. A critical development is the introduction of
GalaChain- a chain for web3 gaming and entertainment, marking an innovative step for the crypto coin. In further positive developments, Gala Games has formed partnerships with companies like
Animoca Brands, albeit causing a slight drop in token price. Despite these incidents, forecasts predict potential
bullish reversals, price rallies, and resistance breakouts for Gala Coin. The gaming platform behind GALA also shows signs of recovery and innovation with the release of Treasure Tapper, a new token-rewarding clicker game. However, the descent of GALA trading beneath price predictions might imply an uncertain future. Gala Games is also venturing into partnerships to advance eSports and facilitate easier credit card payments. Going forward, significant bullish action is anticipated post bitcoin halving and with the future launch of the GalaSwap exchange, where Gala Gaming tokens might see a price jump.
GALA Coin News Analytics from Mon, 18 Sep 2023 07:00:00 GMT to Tue, 27 Aug 2024 22:37:00 GMT -
