Gala is likely one of the largest Metaverse gaming platforms round proper now, and the Gala token is likely one of the most well-known cryptocurrencies within the house, so how a lot will it develop? or will it decline?
On this video we break down probably the most impactful demand drivers and provide elements to get a greater concept of whether or not to be bullish or bearish on Gala token and type a worth prediction.
We discuss what Gala Video games is and what video games are on its platforms. We discuss ecosystem exercise. We additionally point out a few of the huge names in Gala.
I imagine this is not the small cap gem you are hoping will moon as a substitute I feel this shall be a cryptocurrency that finally fails.
I do occur to incorporate some good cryptos to have a look at on this video and on my channel although.
I do imagine that Gala is likely one of the most well-known decentralized metaverse performs presently available on the market, though with an absence of great backers behind it I see it having a bearish unfavourable scenario on the horizon when different gaming platforms carry out higher than it with higher gaming choices.
Please word that this is not recommendation, I do not know your investing scenario and this video simply comprises my opinion, hypothesis and better of my analysis skills. You need to endeavor to show me unsuitable and see if you happen to give you completely different numbers for Sand token.
Let me know within the feedback if you happen to disagree with my evaluation or have saved you from burning cash, that’s my predominant goal with this video.
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Love your videos bro.
Super informative.
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…👍