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Metaverse Token GALA Soars 100% In A Week Following ‘SpiderTanks’ Launch

February 9, 2022
in Australian Crypto News
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Metaverse Token GALA Soars 100% In A Week Following ‘SpiderTanks’ Launch
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Play-to-earn (P2E) metaverse gaming protocol Gala (GALA) has seen its token price rocket 117 percent this month, with 100 percent of that figure soaring in a single week.

If you’re going to buy a metaverse coin as an investment, $GALA makes the most sense to me right now. I see more potential in it than the other popular coins in the space.

Don’t me wrong, I love $MANA, I love $SAND, I love $ENJ, but I think #GALA will be the flavor of the month.

— Slim Trady – non giver of ICP (@TradySlim) February 7, 2022

A big part of the Gala surge can be ascribed to the launch of SpiderTanks, a PVP Brawler game developed by award-winning Netherlands-based gaming studio GAMEDIA:

Land and Venue Sales Also Booming

As well as actual gameplay, the newer generation of games launching on Gala has tapped into another growing trend in the P2E space, land and venue sales. These allow users to earn passive income, helping to grow a larger pool of community members invested in the protocol long-term.

New partnerships are also helping Gala expand the reach of its ecosystem. One of the most significant is this week’s announcement of a collaboration with the 888innercircle community, which numbers more than 205,000 members who are fans of digital art and collectibles:

Gala User Numbers Explode

The Gala community has recorded a huge leap in user numbers, particularly since the beginning of December. The aggregate was 122,230 as at February 7, representing a threefold increase since November from 40,380 users, confirms Dune Analytics.

Metaverse tokens in general have been surging since November, with VR (virtual reality) tokens and blockchain games on fire over the holiday period. Also in November, the metaverse token SAND hit an all-time high after announcing its highly anticipated Metaverse Alpha event.

Disclaimer:
The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.


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