Gala Games (GALA): Collaboration with The Rock

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On January 9, GALA rocketed over 38.45% higher as altcoins saw a huge increase. Following achieving highs last seen at the end of October 2022, the coin is currently trading at $0.04764. How did this indigenous token that runs Gala Games end up being lost? In case you didn't know, Gala Games is a blockchain gaming platform, and they recently released some wonderful, encouraging news regarding The Rock.

GALA Price Skyrockets by 82.33%; Here’s Why (Source: Gala Games)

Gala Games tweeted on January 8 that they had changed their business model and will be collaborating closely with Dwayne Johnson (a.k.a. The Rock). Gala Films and Gala Music are now both using the GALA token as the equivalent of a gas token. (Gala Games deleted this tweet on January 9 for an unknown reason.)

The Rock and Mark Wahlberg, two of the biggest personalities in the entertainment industry, are starring in two films that are currently being made. According to a statement from the app's developers, movie ticket holders will be able to scan a QR code to win digital goodies. Another element raising the price is the recent shift in developer concentration in favor of mobile. The games are simple to download and play, and doing so will reward you with native tokens.

Price Research for GALA

The coin now has a fully diluted market capitalization of $1.6 billion and a $1.48 billion 24-hour trading volume. Furthermore, there are roughly 6,977,205,436 tokens in use now. The token's price had its first substantial rise on January 6, rising by around 30%.

The very next day, it witnessed a tiny dip of roughly 0.72%. The official tweet from yesterday increased the price by 47.56 percent. As it continues its bull run, the token's price has grown today by 38.45%, trading at $0.04764. As of the writing, the price has risen 82.33% (1W) more than the week before.

Final Reflections

The Rock's new alliance is a big step in the blockchain gaming industry. The future of gaming, in my opinion, is blockchain gaming. The Play-to-Earn (P2E) paradigm allows users to play and earn tokens while having complete control over in-game products. Players are given more motivation and reasons to play as a result.