Gala (GALA) continues to take the crypto world by storm as it keeps surging its position to almost +80% in the past 7days. The never-ending development of the network is one way GALA was able to maintain its bullish trend.
To be specific, GALA games offer different kinds of blockchain games that enable players to have real ownership of their games. For example, in-game characters, skins, and items are just some of the NFTs that players can own while playing the games.
In terms of market status, GALA records a market capitalization amount of almost $3 billion with a 24-hour trading volume of more than $1.7 billion. This huge fund gathered by the network enables GALA to maintain its position as one of the top sixty cryptos in CoinGecko. Indeed, this is an impressive performance that catches the attention of investors around the world.
Source: TradingView
Meanwhile, GALA price has continued to pump its price in the past few days. As a result, the crypto was able to advance its price from $0.18 to $0.35, a bullish move. If the crypto is able to maintain this momentum, GALA may be able to break its resistance level of $0.44 and advance further. If it does, the doors towards the bullish price of $0.54 will open, an opportunity that GALA must not overlook.
However, this price forecast still depends on the behavior of the bullish market and the investors inside its network. Hence, investors must still practice respecting the rules of their indicator in order to avoid losses of funds that cannot be reverted.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.
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Source: Cryptocurrency - investing.com