The price of the gala token has gone up by a huge 60% in the last 24 hours. It happened after the developers announced a big partnership with The Rock and a change in how they run their business. The Gala price made a great comeback.
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After falling by a huge amount in 2022, the price of GALA has risen by a huge 130% so far this year. So, is this rebound likely to make more room for running?
Gala Games and Dwayne Johnson worked together.
Gala Games is a blockchain game company that was started by one of the people who started Zynga. In 2022, Zynga was bought by Take-Two Interactive in a $12 billion deal. The goal of Gala Games is to make a place to play games where people want to spend time. Popular blockchain games like Axie Infinity and Sandbox have lost a lot of users in the last few months.
— Gala Games (@GoGalaGames) January 9, 2023
Just a little bit of information regarding our ongoing work with @TheRock and @markwahlberg.$GALA is the gas token in @GoGalaFilms and @GoGalaMusic as well! pic.twitter.com/u9fdXoNte1
— Gala Games (@GoGalaGames) January 9, 2023
After the developers announced a new turn, the price of this token went up. The producers are making two movies with The Rock and Mark Wahlberg, who are two of the biggest names in the entertainment business. A statement from the people who made the app says that people who buy movie tickets will be able to scan a QR code to win digital prizes.
The fact that the developers are now focusing more on mobile is another thing that is pushing up the price of GALA. The games will be easy to download and play, and as users do so, they will earn GALA tokens.
Analysis of Gala Prices
At the time this was written, Gala’s price was $0.03807, and it had a market capitalization of $1.3 billion and a 24-hour trading volume that was up by 392.96%. Right now, it’s at $900 million. At the same time, there are about 6,977,205,436 GALA in circulation.
Source: Google Trend