The recent developments led its trading volume to skyrocket to levels which were last witnessed in March 2022. As of today, January 9th, the current price of GALA is 0.037, and it has a market cap of 262.41 million, a market domination of 0.03, and a trading volume of 3.46 billion over the past 24. Data from CoinMarketCap shows that the $GALA is currently trading at $0.042. The traders anticipated that the momentum of the news was set to run out and that the token would correct itself. The impressive bull run of GALA came to an end earlier today after opportunistic degen traders started shorting the token. All $TOWN tokens will be swapped for GALA at a 2:1 ratio. Furthermore, the GALA token will be used to power its flagship play-to-earn game Townstar. In addition to the acquisition, Gala Games also announced partnerships with popular Hollywood stars Dwayne Johnson and Mark Wahlberg. According to the platform’s developers, 50% of the gas will be burned while the rest will be distributed among the node operators, founders, and partners of the ecosystem. Both the games will be integrated into the platform’s layer 1 blockchain and use the native token $GALA as gas fees. According to an update provided by the platform, two high-priority games, Dragon Strike and Meow Match, are currently at the center of their attention. The acquisition paves the way for Gala to onboard more than 20 million active users. Both parties were involved in the development of this game and rumors about the acquisition had been going around over the past few days. Gala Games revealed that it will develop two films. The price of the entity’s native token GALA spiked by nearly 70 shortly after the disclosure. Gala Games acquires Ember EntertainmentĮarlier today, Gala Games confirmed that it had acquired Ember Entertainment, the game studio behind the popular play-to-earn game The Walking Dead: Empires. The developers of Gala Games announced a major partnership between the blockchain gaming platform and the popular actors Dwayne Johnson (better known as The Rock) and Mark Wahlberg. The ERC-20 token has gone from $0.023 all the way up to $0.045, within a span of 48 hours, marking an impressive bullish run of nearly 100%. These developments have had a rather bullish effect on their native token $GALA. Gala Games, the popular blockchain-based pay-to-earn platform, revealed multiple high-profile developments over the past couple of days. Opportunistic traders have begun shorting the token while anticipating the momentum to die out.The platform has also partnered up with Hollywood superstars Dwayne Johnson and Mark Wahlberg.The play-to-earn platform recently announced the acquisition of Ember Entertainment, which had positively impacted the token’s price.Gala Games’ native token $GALA has gone up 142% over the past week according to data from Coingecko.
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