Gala Games GALA/USD is a platform that builds blockchain-powered games.
Each of these games is intended to provide players with ownership of their in-game items through non-fungible tokens (NFTs).
Metaverse hype as a catalyst for growth
On September 13, Gala Games (GALA) got listed on Binance. Since that point in time, the token has experienced solid growth.
There have been numerous gaming and metaverse-based cryptocurrency token which have seen increases in value, such as Decentraland (MANA) and The Sandbox (SAND), all of which have increased their value throughout November.
On October 29, we covered how metaverse tokens surged following Facebook’s rebranding to Meta, and this has not seemed to stop.
Since the company issuing GALA, Gala Games builds blackchin-based games; it is no wonder that it soared to record highs in October.
This boosted interest in blockchain gaming has the potential to increase the value of the GALA token even further.
Should you buy Gala Games (GALA)?
On November 23, Gala Games (GALA) had a value of $0.388.
To get a better perspective as to what kind of value point this is for the token, we will compare it to it’s all-time high value as well as its performance in October.
In terms of its all-time high value, GALA achieved a value point of $0.483 on November 21. Here, we can see that the token was $0.095 higher in value, or by 24% at its all-time high.
With that in mind, let’s go over October’s value so we can see how the token’s value moved throughout that span of time.
In terms of the highest recorded
