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The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$66,319.00
6.07%$2,999.41
3.33%$6.88
4.93%$580.64
2.43%$162.81
12.65%$1.00
-0.10%$0.517491
3.40%$2,996.07
3.30%$6.45
-6.80%$0.154828
3.81%$0.453906
5.11%$0.00002526
6.55%$34.45
4.89%$0.124739
-0.57%$66,296.00
6.12%$453.30
6.16%$8.13
13.31%$13.83
5.76%$0.682669
4.22%$82.29
4.53%$2.28
12.84%$12.26
3.99%$5.96
0.12%$7.32
6.28%$0.0000104
-5.23%$27.14
5.13%$10.21
2.31%$0.110193
4.61%$0.999966
-0.01%$8.45
6.98%$2.39
19.48%$3,110.69
3.37%$0.125324
3.22%$8.42
4.41%$0.989025
4.87%$5.77
7.15%$0.106581
3.93%$2.08
9.32%$49.55
1.93%$2,945.77
3.08%$2.93
0.33%$0.304822
13.76%$0.121897
7.01%$43.97
6.67%$399.63
10.94%$0.03585715
6.35%$0.978359
4.21%$2,763.32
1.51%$2.43
4.62%$133.65
-0.08%$1.032
14.03%$1.002
0.07%$0.816572
24.07%$6.67
18.07%$23.65
11.26%$2.14
10.41%$0.00021319
-2.57%$3,317.05
3.22%$0.00002527
5.65%$9.01
10.54%$0.55834
21.42%$1.83
17.88%$1.16
12.44%$0.04400583
10.46%$1.11
5.04%$0.17874
3.49%$3,093.78
3.94%$9.89
0.62%$1.57
-1.60%$95.77
2.80%$5.89
17.57%$0.876971
6.47%$85.90
5.77%$0.866852
14.67%$63.27
6.41%$0.02510835
18.37%$0.947046
12.15%$0.0000012
3.37%$0.02823845
4.94%$2.03
7.50%$40.61
7.45%$19.10
3.21%$15.35
5.47%$0.119928
5.23%$0.02084645
5.93%$4.91
2.52%$0.709251
3.30%$8.03
1.43%$7.18
7.00%$0.557006
4.56%$0.02046335
13.85%$193.76
12.93%$0.435978
6.45%$12.19
3.28%$0.00004877
6.41%$0.804162
5.53%$9.65
2.58%$2.15
10.63%$0.916064
5.79%$0.795272
9.07%$0.802505
3.91%$0.212347
9.83%$2.66
7.37%$2.58
6.18%$0.01221025
15.32%$1.14
-0.06%$0.820836
5.15%$38.34
4.88%$0.426228
5.19%$3,004.60
3.99%$4.71
3.77%$1.22
6.90%$3,020.82
3.44%$193.05
12.91%$13.09
9.50%$0.997761
0.00%$0.660127
5.79%$1.27
4.79%$274.95
0.98%$0.213479
4.51%$0.105598
16.60%$2.62
5.64%$1.032
6.95%$4.39
6.82%$0.436804
7.17%$20.25
11.82%$0.01477421
-0.83%$0.999682
0.08%$16.34
14.71%$0.172563
5.57%$0.00010797
5.18%$0.950623
11.72%$1.96
0.32%$35.09
8.19%$2,992.57
3.67%$0.370363
10.27%$0.088255
8.28%$0.716126
5.55%$2,386.17
0.92%$0.00000028
5.28%$0.867221
11.58%$4.70
19.21%$3,157.13
3.04%$3,206.84
3.43%$2.03
7.07%$0.540323
7.23%$83.98
3.91%$1.50
0.96%$0.03624692
-0.19%$0.285443
9.68%$2.36
5.22%$0.525568
9.16%$1.00
-0.08%$0.419187
5.18%$1.11
17.70%$0.089735
5.84%$0.00000048
1.87%$0.02619597
9.34%$0.050395
11.13%$0.04524199
3.34%$3,242.19
3.41%$4.76
-2.30%$2.70
4.76%$0.279095
4.08%$1.73
16.58%$3.92
12.96%$0.04507782
7.58%$9.74
30.86%$1.071
1.16%$14.15
5.78%$0.382101
7.73%$0.976711
8.49%$0.218458
7.21%$0.815866
12.03%$2,368.10
0.78%$0.29902
5.64%$0.02330186
5.91%$0.504997
13.35%$0.399416
11.43%$20.57
6.92%$0.308202
3.60%$0.02953
7.81%$4.87
9.67%$1.62
3.11%$0.00119311
4.50%$0.00715799
6.28%$0.00226152
4.81%$3.48
5.77%$0.583098
4.96%$0.00698719
2.65%$1.69
12.48%$0.999843
0.08%$1,331.51
6.16%$3.42
5.27%$0.52404
3.06%$55.39
4.24%$3.61
4.58%$3,078.92
3.44%$3.81
1.47%$0.806514
-1.10%$0.072133
5.53%$0.476749
11.79%$3.37
5.64%$0.04258702
38.71%$0.03733495
8.69%$0.237293
6.20%$23.22
4.17%$0.856412
10.57%$0.703232
5.29%$0.00682881
16.27%$29.18
5.01%$0.02805635
3.64%$4.24
5.59%$0.03718149
4.81%$5.05
4.35%$58.06
5.35%$20.38
12.25%$60.28
3.64%$0.0323109
2.32%$30.67
1.29%$3.29
4.33%$0.25298
5.89%$0.00401071
11.15%$0.88889
6.56%$0.717419
5.20%$0.445514
71.42%$7.60
3.27%$0.818538
12.54%$0.00092645
-12.59%$30.96
11.94%$3.64
2.48%$0.329257
10.14%$0.00327015
2.62%$2.03
-2.00%$0.443157
19.82%$110.81
-3.66%$3.87
2.49%$0.315496
8.47%$1.96
9.95%$0.367326
10.49%$0.00000072
30.68%$0.00003593
14.10%$2.40
10.24%$0.194061
17.26%$0.33299
22.27%$0.84106
0.86%$28.95
7.22%$3,138.77
3.16%GALA, the token of the Gala gaming and entertainment ecosystem, skyrocketed in price Tuesday following the launch of GalaSwap, a decentralized exchange (DEX) running on the new layer-1 GalaChain network that offers rewards to traders.
According to data from CoinGecko, GALA jumped from a price of about $0.033 before the news was announced Tuesday morning to a recent high of $0.042 six hours later, marking a 27% rise in that span. As of this writing, the price has settled to just above $0.039, still representing a 17% climb over the past 24 hours.
Tuesday’s high price represents a 10-month peak for GALA, which last popped above the $0.04 level back in April 2023. GALA is now up almost 70% over the past 30 days, though it remains down substantially from its all-time peak of $0.82 set in 2021.
GALA is one of many gaming tokens that have seen substantial jumps in recent weeks as the broader cryptocurrency market recovers. Bitcoin’s recent gains, which culminated in topping a price of $61,000 on Wednesday morning for the first time since 2021, has helped propel other gaming tokens as well.
The IMX token of the Immutable gaming network, for example, is up 76% over the past month and has entered the top 25 overall cryptocurrencies by market cap according to CoinGecko. The BEAM gaming token is up 95% over the past 30 days, as well, while the Illuvium game’s ILV token has climbed 68% in the same span.
In the case of GALA, however, the biggest jump came immediately after news that GalaSwap had launched, offering what the company says are fast, low-cost trades on its GalaChain layer-1 network. Furthermore, the DEX offers trading rewards for users, as well as referral incentives for bringing in additional users.
Gala is the publisher behind such games as Champions Arena and Legacy, and also operates music and film divisions.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.