• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

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

February 9, 2022
in Australian Crypto News
Reading Time: 3min read
0 0
A A
0
Metaverse Token GALA Soars 100% In A Week Following ‘SpiderTanks’ Launch
0
SHARES
5
VIEWS
ShareShareShareShareShare

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.


Credit: Source link

ShareTweetSendPinShare
Previous Post

KPMG Canada Adds BTC And ETH To Its Balance Sheet

Next Post

Florida House To Be Sold As An NFT At Auction

Next Post
New DAO Raises $45 Million To Free Julian Assange, Vitalik Contributes 10 ETH

New DAO Raises $45 Million To Free Julian Assange, Vitalik Contributes 10 ETH

You might also like

XRP Price Could Explode After Tokenization Deal With Fund Manager

XRP Price Loses Key Support: The Drawdown May Not Be Over Yet

June 3, 2026
Ethereum Exchange Inflows Climb To 4-Month High – What This Means For Price

Ethereum Exchange Inflows Climb To 4-Month High – What This Means For Price

June 6, 2026
The End Of An Era? Shiba Inu Burns Slow To A Crawl As Investors Lose Interest

The End Of An Era? Shiba Inu Burns Slow To A Crawl As Investors Lose Interest

June 3, 2026
Why Is Crypto Up Today? – October 15, 2025

The Bitcoin Crash Just Wiped $62 Billion From Corporate Treasury Holders, Is the MicroStrategy Model Broken?

June 5, 2026
Bitcoin Above 56,000 Bets Soar Ahead of June 7 Settlement

Bitcoin Above 56,000 Bets Soar Ahead of June 7 Settlement

June 6, 2026
Bitcoin Price Prediction: Florida’s Crypto Bill and $198B U.S. Surplus Boost Market Outlook

JPMorgan, Citi, and Bank of America Just Built a Tokenized Payment Network to Kill Stablecoins

June 6, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Judge Freezes Controversial Bid to Claim US$234 Billion in Dormant Bitcoin Wallets

Judge Freezes Controversial Bid to Claim US$234 Billion in Dormant Bitcoin Wallets

June 8, 2026
Bitcoin Trader Says Something Extremely Bad Is Coming Today, Here’s What

Bitcoin Trader Says Something Extremely Bad Is Coming Today, Here’s What

June 8, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.