Gala Games
GALABINANCE
Product information
What is Gala Games (GALA)?
Gala is the token of an ecosystem covering Gala Games, which publishes blockchain-based games, and the music and film platforms under the same umbrella. GALA was originally issued under an Ethereum token standard; the ecosystem later launched its own infrastructure, GalaChain, and the token can be moved between these networks via a bridge.
Players can use GALA as a means of payment for in-game assets, NFTs and various digital products. Fees for transactions carried out on GalaChain are also paid in GALA. Independent node operators who support the network's infrastructure receive GALA rewards for their contributions; this distribution model directly affects the circulating supply. Node owners can also take part in votes on matters such as which games are added to the ecosystem.
GALA's price may be shaped by player interest in the games released, the net effect of node rewards and burn mechanisms on supply, and platform risks such as past bridge security incidents. On this page, Lzzo.com uses the price formed in the GALA/USDT pair on Binance; it converts the value into dollars at Coinbase Exchange's USDT/USD rate and displays the chart based on this series.
Sources: gala.com, coingecko.com
- Name
- Gala Games
- Symbol
- GALA
- Market
- Crypto
What to look for in the technical analysis of Gala Games
Moving averages help assess the trend and RSI helps assess momentum. Indicators are calculated from real history; when there is not enough history or the required candle fields are missing, the indicator is not calculated. Past results do not guarantee future performance.
Technical indicators
Calculated from observed daily candles (at least 201 observations). No intraday indicators. Indicators are descriptive, not a buy/sell recommendation.
Investment Return CalculatorWith observed closes over the past year
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