Crypto News

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.

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