Gala is one of the biggest Metaverse gaming platforms around right now, and the Gala token is one of the most well known cryptocurrencies in the space, so how much will it grow? or will it decline?
In this video we break down the most impactful demand drivers and supply factors to get a better idea of whether to be bullish or bearish on Gala token and form a price prediction.
We talk about what Gala Games is and what games are on its platforms. We talk about ecosystem activity. We also mention some of the big names in Gala.
I believe this isn’t the small cap gem you’re hoping will moon instead I think this will be a cryptocurrency that ultimately fails.
I do happen to include some good cryptos to look at in this video and on my channel though.
I do believe that Gala is one of the most well known decentralized metaverse plays currently on the market, although with a lack of serious backers behind it I see it having a bearish negative situation on the horizon when other gaming platforms perform better than it with better gaming offerings.
Please note that this isn’t advice, I don’t know your investing situation and this video just contains my opinion, speculation and best of my research abilities. You should endeavor to prove me wrong and see if you come up with different numbers for Sand token.
Let me know in the comments if you disagree with my assessment or have saved you from burning money, that is my main objective with this video.
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Love your videos bro.
I dismissed this token when I saw it going for $0.0001 because I thought the total supply is too high. Imaging just putting $100 into it, lol.
Normally I avoid centralized crypto, but in this case I do like a few crypto companies who have actual real products. Their portfolio is pretty impressive, and launching snoop dog album as nft shows they are serious. I won't buy it, but I think it's one company that positioned itself very well for future growth. I don't know about how much demands there could be, but there are utilities with GALA token as you use it to buy game items, etc, so it is a currency for its ecosystem. Just be aware of the emission rate and circulating vs full supply. There might be too much whales holding plus the massive amount of more coins not yet going in circulation. Their limitation or growth will be based on the scaling solution that they can adopt for their products.
What are your thoughts on enjin? With its deal with the likes of Microsoft I could see it potentially being the bridge between mainstream console gaming and gaming nfts in the future, which would be massive.
Nice unbiased and level headed review.
God someone with sense, unbiased reviews
For me Gala has an utility else as buying nft. Its the gas coin of gala chain.
Gala music is not the same as a normal streaming app. They want to empower artists and community which most streaming service won’t like Spotify… sure there is audius and emanate but to give power to artists and fans and even users is a completely different valuation in my view. As well the payments is 250 times more than with Spotify per stream. But i like that your content is not like most others always moon…👍