Gala Price (GALA)

Gala logo
$0.06721.17%1D
Binance
GALA
USD
1 GALA =$0.0673Last updated:
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About Gala (GALA)

The asset with ID 3267 is Gala, symbol GALA. Gala is a digital asset with various features and technologies associated with it. While the short summary and description are not provided, Gala is known for its active presence on social media platforms such as Twitter, Instagram, Facebook, and Pinterest. The asset also has a logo version 0 and an updated timestamp of 1,704,857,333. Gala's website link, whitepaper link, and other important links are not available in the provided data. The asset's image can be viewed at https://cdn.lunarcrush.com/gala.png. Overall, Gala seems to be a dynamic digital asset with a strong social media presence and potential for further growth and development.

How does Gala work?

Gala (GALA) operates as a decentralized platform that facilitates peer-to-peer transactions through its underlying blockchain technology. Utilizing a consensus mechanism known as Proof of Stake, Gala allows users to securely and transparently exchange digital assets without the need for intermediaries. Its unique features include smart contracts, tokenization capabilities, and a decentralized governance model that empowers users to participate in decision-making processes. Gala's use cases span across gaming, NFTs, DeFi, and other industries, offering a versatile platform for creating, trading, and managing digital assets. By leveraging its decentralized nature and innovative functionalities, Gala distinguishes itself from traditional financial systems by providing a more efficient, secure, and inclusive ecosystem for users to engage in various transactions and activities.

How to keep your Gala (GALA) safe?

To keep your Gala (GALA) safe, consider using hardware wallets like Ledger for enhanced security measures. These wallets store your cryptocurrency offline, making them less vulnerable to hacking. Additionally, trusted platforms like Nexo, Coinbase, and YouHodler offer secure storage options and insurance against theft or hacking. By diversifying your storage options and utilizing these reputable platforms, you can better protect your Gala holdings from potential security threats.

Sentiment about Gala (GALA)

Gala (GALA) is currently priced at $0.0652, with a market cap of $1,976,451,007.42 and a circulating supply of 30,280,682,068.61 GALA tokens. Over the past 24 hours, the price has decreased by 4.54%, while the 7-day change shows a positive trend of 20.58%. The social sentiment for GALA is bullish, with a sentiment absolute score of 45.00% and a social impact score indicating a positive trend in social activity relative to price movements.

The asset ranks 62nd in terms of market cap and 365th in the alt rank, showcasing its position relative to other supported assets. Gala's galaxy score of 45 reflects a combination of technical indicators, social sentiment, and correlation with price and volume. With a high social impact score and bullish sentiment, Gala may have a positive market outlook, especially considering its potential for increased social engagement and price correlation.

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