Let me share with you my thoughts about why GALA is an excellent token to have. After writting this together with my previous reviews, I feel very bullish about GALA token and ecosystem. Let me share with you why in a 3 points:
*Gala Ecosystem. The ecosystem includes Music, Fim and Games. -The music revenue will be ~131B by 2030 (according to Goldman Sachs)
- Global Movies and Entertainment Market size will be ~$169B by 2030 (Zion Market Research).
- The blockchain Gaming market size will be ~1117.5B by 2028. If these industries grow, so will do Gala token value.
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Gyri, Gala's own blockchain. As we know Gala token is used for fas fees so the more transantions will be the more gala will be used for gas fees. So now, with Gala V2 (new native token) that bring better mechanism of burning, that will create scarcity, so as the as Gyri grows with more demand of transactions, the supply of token is low, then the price of Gala is predicted to go up over time.
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Gala Games design fantastic games that are fun to play. they have a wide sort of games: Fantasy RPG, third-person shooter, card strategy, simulation and more. Team is focusing on NFT and DeFi so they are taking NFT Market could reach $3.5T by 2030 and DeFi ~$400B by 2031. Gala is planning to built a DEX but righ now the news came out that Gala partnered with Poker Go to launch a web3 poker game.Check this out for more info: (https://coinmarketcap.com/community/articles/646ba5844649107c217c1bcb/)
If you like movies/entertaiment, games and music, Gala is your ecosytem of choice.
After all this I believe that in case of Gala is better investment for holding rather than for trading. However you will still need to do some charting to check the best entry for your buying, in case of buying the token. Show Less
