GALA Coin Value Spikes by Over 70% in Seven Days

One of the highest growing tokens last year, GALA appears to have picked up from where it stopped with an increase of almost 80% over the previous seven days as it is now trading for $0.36.

The cryptocurrency, which is the native token of the Gala Games ecosystem, has now recovered from its drop earlier this year.

GALA’s Recent Spate of Partnerships

GALA token broke into public consciousness last year after a massive spike that saw its price go up by more than 1000% in the space of a few weeks. Since then, the blockchain gaming ecosystem has been building on its performance to attract more users.

We reported that it recently partnered with Kungfu Factory to develop a card collectibles game named Legends Reborn. The game recently had a venue presale where users can own gaming arenas that they can rent out and monetize later on,

But Gala games isn’t resting on their oars. Based on Binance Smart Chain, the platform is also working on several games, including Spider Tank, Mirandus, Town Star, Echoes of Empire, and Fortified.

These developments have been a catalyst for its rising prices over the past few weeks.

Beyond the dozens of games it has or currently working on, the platform also has a built-in marketplace for game items. This makes it possible for users to buy non-fungible characters and objects to improve their gaming experience. 

Other NFT Tokens are on the Rise Too

The integration of NFTs into play-to-earn games has boosted the profile of related tokens in recent months. Apart from GALA, tokens of Metaverse focused, and play-to-earn platforms such as Decentraland, The Sandbox, Axie Infinity, and Enjin have also been performing well.

Available data shows that Decentraland (MANA) has grown by 24% in the last seven days, the Sandbox (SAND) has increased by 15%, Axie Infinity (AXS) has risen by 19%, and (Enjin Coin) is up by 12%. 

Notably, GALA appears to have recorded the most significant growth in the past seven days, with a 75.8% increase in value.

This growth follows a pattern in its price action, which has been positive for a month now. In the past 30 days, the token increased by 9.9% and continued with 91.6% in the last fourteen days. Growth remains positive today, with a 6.4% rise in 24 hours.