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Gala(GALA)

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$0.031443
(-2.19%)
0.00000074 BTC
Market Cap (Rank#76)
$835,383,801
19,688 BTC
Vol 24h
$108,666,262
2,561 BTC
Circulating Supply
26,568,161,028.50
Max Supply
50,000,000,000
3h agocryptonews
SOL rallying before Christmas, Galaxy Fox presale sails past $750k
Solana and Galaxy Fox dominate news headlines. SOL is rallying before Christmas while the GFOX presale has raised over $750,000
16h agozycrypto
Market Records 7 Ethereum Spot ETF Filings From Institutional Players
The cryptocurrency market has recorded Ethereum Spot ETF filings from several institutional players. As Bloomberg reported, a total of 7 Ethereum Exchange Traded Funds (ETFs) have been filed so far. VanEck, Fidelity, Ishares, Invesco & Galaxy, Grayscale, Hashdex, and ARK & 21 Shares are the institutions behind these Ethereum filings.  While regulators had previously recognized […]
19h agocryptonews
Beginners guide to staking: users can explore these crypto projects
Crypto users exploring staking are also looking at Galaxy Fox, a meme coin, whose presale has raised over $400K
1 day agocryptonews
NEAR Protocol rallying as Galaxy Fox stage 2 presale nearly sells out
Near Protocol (NEAR) has been trending higher, rising in sync with Bitcoin (BTC). Meanwhile, Galaxy Fox (GFOX), a meme coin project, is in stage 3 of its presale
2 days agocryptopotato
Galaxy Fox (GFOX) Presale Closes in on $700K Amidst Bitcoin’s Blazing Rally
Headlines have been dominated recently by the news that Bitcoin soared past the $43k barrier, after months of consolidating in the $30K region. Crypto is known to be an industry where there’s no shortage of options to diversify a portfolio, regardless of what the investor’s risk appetite is. Galaxy Fox ($GFOX) is a new altcoin […]
3 days agocryptonews
Robinhood crypto trading volume rise, investors exploring meme coins
Robinhood crypto trading volume rise as meme coin enthusiasts turn to emerging projects like Galaxy Fox (GFOX)
3 days agocoinotag
Michael Novogratz Counters Jamie Dimon’s Bitcoin Critique Amid Crypto’s Market Triumph
Amidst a financial landscape punctuated by crypto volatility and banking crises, Galaxy Digital's Mike Novogratz defends Bitcoin's robust performance against Jamie Dimon's skepticism. The post Michael Novogratz Counters Jamie Dimon’s Bitcoin Critique Amid Crypto’s Market Triumph appeared first on COINOTAG NEWS.
3 days agocoindesk
Galaxy-Backed Gyroscope's 'All-Weather' Decentralized Stablecoin Goes Live on Ethereum Mainnet
Gyroscope's GYD token aims to protect against the risks of holding stablecoins by offering an alternative to centralized and algorithmic designs.
4 days agocryptonews
Holders of Dogecoin’s rival, Galaxy Fox, are bullish
While Dogecoin is in the spotlight ahead of its moon mission, investors are monitoring Galaxy Fox, a new crypto project conducting its GFOX presale
5 days agocryptonews
Institutions can consider these tokens; can they outpace GFOX
Investors are looking at Axie Infinity (AXS), Gala (GALA), and Enjin Coin (ENJ) and whether it can outpace Galaxy Fox (GFOX)
6 days agocryptonews
Whale transfers 2m Solana to Binance, investors exploring this safer alternative
Investors are looking at Galaxy Fox in the ongoing GFOX presale amid fears of an impending Solana (SOL) dump
7 days agocryptonews
Synthetix in bullish zone, Galaxy Fox presale eyes $500K 
Synthetix (SNX) and Galaxy Fox (GFOX) are firm. This article explores SNX's upside potential and whether GFOX can replicate this pattern
7 days agocryptonews
Solana could 3x in December, Galaxy Fox 10x after presale
One of the top performers in the October and November cryptocurrency rally was Solana ($SOL). The altcoin outperformed the rest of the market with a 200% price increase.
8 days agonulltx
Unlocking Financial Prosperity: These Underrated Coins Could Be Your Golden Ticket to Crypto Riches
TLDR Market experts foresee GALA surging by 73% in 2024. Experts predict that Decentraland (MANA) will cross the $0.7 price mark by the end of 2024. Rebel Satoshi (RBLZ) has become the best ICO with predictions of a stunning 1505 price gain. Gala Games has announced a strategic partnership with […]
8 days agocryptonews
3 presale tokens that are rising fast right now
From the possibility of Bitcoin ETFs shaking up the market to the fun-filled arena of Meme Kombat and Galaxy Fox project hitting almost $400k in its presale.
9 days agocoinotag
Galaxy Digital CEO Mike Novogratz Reveals Bitcoin Price Prediction!
Renowned investor and Galaxy Digital founder Mike Novogratz revealed his Bitcoin predictions while assessing the current market outlook. The post Galaxy Digital CEO Mike Novogratz Reveals Bitcoin Price Prediction! appeared first on COINOTAG NEWS.
9 days agozycrypto
Bitcoin At $70,000? Mike Novogratz Foresees BTC Blasting To New Highs On ETF Prospects
Renowned investor and Galaxy Digital founder Mike Novogratz has projected a significant uptick in Bitcoin (BTC) value, foreseeing a climb to $70,000 should the...
10 days agocryptopotato
Galaxy’s Novogratz Forecasts BTC Price to Shoot Above $70K on SEC Approval of Bitcoin ETF
Michael Novogratz predicts Bitcoin's resurgence, driven by a potential SEC approval of the first Bitcoin ETF and growing institutional interest.
10 days agonulltx
The Growth of GameFi: NuggetRush, Decentraland, and GALA in Comparison
TLDR NuggetRush (NUGX) leads the decentralized crypto scene, blending meme coin status with real-time revenue and impact gaming in the GameFi sector. Gamers earn by mining in-game assets, with NUGX characters doubling as NFTs. Decentraland (MANA) announced a partnership with Smiley for an NFT collection on November 9, boosting MANA’s […]
11 days agocoinotag
According to Novogratz, Developments at Binance are Positive for Bitcoin and the Crypto Sector!
Mike Novogratz of Galaxy Digital explained why the developments at Binance are positive for both the crypto sector and Binance. The post According to Novogratz, Developments at Binance are Positive for Bitcoin and the Crypto Sector! appeared first on COINOTAG NEWS.
11 days agocointelegraph
Binance settlement 'net positive’ for cryptocurrency industry - Mike Novogratz
Galaxy Digital CEO Mike Novogratz believes Binance has satisfied regulators and users after its $4.3 billion settlement with United States authorities.
17 days agocryptopotato
GameFi Memecoin $GFOX Debut About to Blaze Past $200K in Red Hot ICO
Just days after GameFi memecoin $GFOX surpassed the $100K level, the Galaxy Fox ($GFOX) foundation announced its presale revenue has doubled, already clearing the $200K hurdle and closing in fast on their first million. With investor confidence quickly growing in Galaxy Gox ($GFOX) – this new memecoin hybrid with GameFi utility, $GFOX appears to have […]
18 days agocryptonomist
Latest Meme Coin Galaxy Fox ($GFOX) has Whales Flocking to Their Pre-Launch
Crypto whales looking to rotate out of the larger cap coins have shifted profits
18 days agocryptopotato
Some Investors Pounce on the Chance to Buy Into Galaxy Fox Meme Coin Before 33% Price Jump
In the ever-evolving world of cryptocurrencies, one name is gaining recognition as an interesting crypto to watch right now among many investors and enthusiasts alike: Galaxy Fox. The Galaxy Fox meme coin isn’t your run-of-the-mill digital currency. It’s a game-changer, blending gaming, NFTs, and staking in a way that’s got some investors ready to ride […]

About Gala?

The live price of Gala (GALA) today is 0.031443 USD, and with the current circulating supply of Gala at 26,568,161,028.50 GALA, its market capitalization stands at 835,383,801 USD. In the last 24 hours GALA price has moved 0.001939 USD or 0.06% while 89,416,698 USD worth of GALA has been traded on various exchanges. The current valuation of GALA puts it at #76 in cryptocurrency rankings based on market capitalization.

Learn more about the Gala blockchain network and how it works or follow the price of its native cryptocurrency GALA and the broader market with our unique COIN360 cryptocurrency heatmap.

Gala Games was launched in 2019 by Eric Schiermeyer (co-founder of Zynga), Wright Thurston and Michael McCarthy, as a play-to-earn gaming project that aims to create an ecosystem wherein players decide what blockchain games they’d like to play and exercise complete control over them. Since players receive complete ownership of their in-game NFT assets, they are free to use them as they prefer, within or outside the Gala Games ecosystem.  

The Gala Games project is currently deployed on both Ethereum and BNB Smart Chain. However, the developers are currently working on a native proprietary blockchain called GalaChain, which will help resolve issues like scalability and high transaction fees currently faced by the project.

Ever since its launch, Gala Games has made great strides and has formed fruitful partnerships with the likes of AMC’s The Walking Dead, Under Armour and Frank Miller. The available games in the Gala ecosystem include Townstar, Spider Tanks and Town Crush, with many more under development. The platform has also launched its NFT collectible series called VOX. As of writing, Gala Games claims to have 1.3 million monthly active users.

GALA price

The GALA price stayed well under a cent from the time of Gala Games’ launch in 2019, till February 2021, when it started rallying upwards amid a crypto market-wide bull run and touched $0.03 for the first time in late February 2021. Thereafter, GALA coin’s price kept fluctuating between $0.01 to $0.03 till September that year. According to our GALA live price chart, the token breached $0.05 resistance for the first time in mid-September, amid the second crypto rally of 2021. 

Buoyed up by overall bullish market sentiment, GALA price registered a noteworthy upward surge two months later in mid-November 2021, breaking multiple resistance levels, and reaching its all-time high of $0.84 on November 26, 2021. GALA’s fully diluted valuation was well over $40 billion at that time. GALA coin’s price has since charted a sideways downward movement, and the token was trading in the vicinity of $0.04 in Q2, 2022.

How GALA works

Gala Games is powered by its users who run nodes from their home computers. These nodes can be of three different types – Founders Nodes, Game Nodes and Storage Nodes. 

The Gala ecosystem is supported by its native GALA token, which exists both as an ERC-20 as well as a BEP-20 token. It has multiple use-cases including the purchase of in-game NFT assets, rewarding players and incentivization of the Founder Node operators. 

Founder Nodes are tier-1 nodes that form the backbone of the Gala ecosystem. There are only 50,000 of these nodes that will ever exist, and as of writing, you can buy them directly for 1.21897 million GALA tokens, from the Gala Games official website. Founder nodes implement a ‘see-saw’ algorithm that decides if the Gala network requires storage or processing power at any given time, and facilitates on-the-fly adaptation. Running a Founder’s Node contributes to the growth of Gala’s decentralized gaming network, and provides players actual ownership of their content and assets. In return, Founder Node operators receive GALA tokens, governance power and gaming NFTs. 

Game Nodes are game-specific nodes that power a specific game in the Gala ecosystem. These nodes run based on a smart contract ‘rental’ structure and help in developing a localized network for the concerned game, thus facilitating the scalability of the overall Gala network. The rewards and governance rights earned by Game Nodes are specific to the game they support.

Lastly, Storage Nodes are free nodes that allow for a Gala game to be entirely hosted on the Gala’s node ecosystem, thus doing away with the need for any centralized hosting providers.

GALA news, updates and highlights

In important GALA news, Gala Games and a well-known crypto investment firm, C2 Ventures, announced the creation of a joint $100 million fund in December 2021. The purpose of this fund is to invest in upcoming metaverses, play-to-earn games and various other projects being built using blockchain technology. With the global gaming revenue expected to touch $200 billion by 2024, this collaboration came as a welcome move for GALA ecosystem’s future growth. 

As per another GALA news story, reported on June 1, 2021, on the platform’s official website, Gala Games announced the integration of Chainlink’s Verifiable Random Function (VRF) with its ecosystem, to facilitate truly random NFT drops. Chainlink’s VRF functions as a fully tamper-proof and verifiable RNG (Random Number Generator) which can serve all RNG-based functions in the Gala ecosystem. 

Frequently asked questions about GALA

  • How can you earn GALA tokens?

You can earn GALA tokens by running a Founder Node in the Gala Games ecosystem. Alternatively, you can also win GALA tokens as a reward by playing and excelling in Gala’s featured games.

  • Which are the most commonly used GALA wallets?

Some of the best GALA wallets include MetaMask, Ledger, Trezor, Atomic Wallet and Trust Wallet.

  • What can you do with GALA tokens?

You can use your GALA tokens to buy NFT assets within the games featured in the Gala ecosystem. The token can also be used to purchase Gala nodes.

  • How can you buy GALA cryptocurrency?

The best way to buy GALA tokens is from established crypto exchange platforms. You can buy it through trading pairs like GALA/USDT, GALA/BTC, GALA/ETH and others. 

Gala Price0.031443 USD
Market Rank#76
Market Cap835,383,801 USD
24h Volume108,666,262 USD
Circulating Supply26,568,161,028.50 GALA
Max Supply50,000,000,000 GALA
Yesterday's Market Cap914,063,612.29 USD
Yesterday's Open / Close0.032471 USD / 0.03441 USD
Yesterday's High / Low0.03441 USD / 0.031938 USD
Yesterday's Change
0.06% ( 0.001939 USD )
Yesterday's Volume89,416,697.85 USD
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