Gala Games GALA/USD is a project that attempts to reshape the way gamers play video games in a way where it re-introduces control to the hands of the players when it comes to their in-game assets.
Players can own non-fungible tokens (NFTs) and influence the governance of the games within the Gala Games ecosystem.
The Binance listing as a catalyst for growth
Non-fungible tokens (NFTs) and play-to-earn gaming have become some of the hottest trends within the cryptocurrency sector due to the fact that each of them provides new attraction points for newcomers.
Each participant has ways through which they can generate wealth, rather than just spend money to be a part of a community.
Historically on many centralized games, players would spend hundreds of dollars on in-game assets and spend countless hours playing a game, which could potentially be taken away from them if the studio shuts down or decides to stop the gaming servers at an instant.
Gala Games (GALA) is a solution to this issue. It is a blockchain-gaming-focused project that saw its GALA token get listed on Binance on September 13.
In fact, trading for GALA/BTC, GALA/BNB, GALA/BUSD, and GALA/USDT trading pairs opened on September 13 at 06:00 (UTC).
The question on everyone’s mind right now is, is GALA worth buying after this listing, and does it have the potential for growth?
Should you buy Gala Games (GALA)?
On September 14, Gala Games (GALA) had a value of $0.048.
To get a better perspective of this value point, we will be going over its historical performance before the listing as well as its all-time high value.
Gala’s all-time high value occurred after the listing on Binance when the token climbed to a value of $0.073. In other words, when compared to the value on September 14, the token was $0.025 higher in value or 52% at its peak.
In terms of its performance in August, GALA saw its lowest point on August 7, where the value was at just $0.016.
Its highest point in August was August 26, where the token had $0.037. Based on this data, we can see that the token increased its value by $0.021 or 131% throughout August.
With all of this in mind and the future potential of NFT-based games that bring control of their in-game assets back to the players, we can expect the GALA token to reach $0.064 by the end of September, making it a worthwhile purchase.
The post Gala Games got listed on Binance, is it worth buying in September 2021? appeared first on Invezz.
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