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Gala, Gaming Altcoin on Ethereum Continues Spike Despite Market Pullback Into Dip

Gala, A metaverse token on Ethereum is not obeying the dip with the entire crypto market z even as it sees a red day.

Furthermore, A crypto whale surveillance website WhaleStats, notes how Gala Games is now the third-most cryptocurrency whales buy. Of course, it’s just behind Ethereum (ETH) and Tether (USDT) within the last 24 hours.

Notably, GALA is a blockchain-base gaming protocol, which allows users to take part in a game’s development. Also, this is through allowing users to own their in-game items. Which will include non-fungible tokens (NFTs). Recently, is seeing a price surge from a 24-hour low of $0.452 to $0.548, a 21% increase.
Currently, it is cooling off and it’s trading at $0.509.

More so, as per the data, the average whale acquires 102,199 GALA for $53,556. Therefore, making it a more popular investment than other popular metaverse tokens. Especially, like the Decentraland (MANA) and The Sandbox (SAND).

Additionally, WhaleStats notes how the average whale holds just under a million GALA tokens. Of course, it’s worth about $480,000 currently, placing it on the sixth-most whale held crypto.

Lastly, Despite this recent price rally, GALA is yet to make full recovery from its all-time high of $0.743 in November.

Galaxy Interactive Rises Additional $325M Fund For Metaverse and Next Gen…>>

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Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.