Is GALA Finally Worth Buying? NEW Bull Run Potential!
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- Опубликовано: 31 май 2024
- What is Gala Games? Today, I’ll cover one of the popular names in web3 gaming and whether I think it’s worth buying for the next crypto bull market. Play-to-earn games were hyped up in the last cycle, but will the same thing happen in the next one?
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.
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Chapters:
00:00 Intro
00:33 What Is Gala Games?
01:13 Tokenomics
#GalaGames #Crypto #web3gaming 
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He's on Instagram ***
This is the best informative analysis on #GALA I've seen anywhere on RUclips.🙌🙌💪🔥
Unbelievable that gala price is still so low. Great video.
Enjin could also be a dark horse. I think if you hold: Wax Enjin Gala immutableX and even Polygon then you have a great overview of the gaming genre.
Dont ignore the insurance genre.
I'm So Glad I Found You. They Way You Explain Things Is So Crystal Clear. I'm New To Crypto. Thanks For All You Do Too Keep Us Updated.
Thanks bro. your'e always clear in your explanation.
awesome on gala-extremely helpful-saw another presentation today-not even close to yours. would love your comment's
on immutable x and magic
Thanks for this , good insights
GALA keep building! Have good games. Easy 30 x
The Max token supply is still 50B. They burned 21b coins for a good reasons, for investor and for the node ecosystem. ❤
what a detailed video, probably the best one on GALA.
Great analysis and insight.
Do you think it will go to new high in next bull market?
Many thanks and Kind regards
Oooo yeah....youtubers are talking about Gala again ‼️🚀🚀🚀
I was just reading this yesterday! Confirmation thank you 🙏
Really nice channel bro, subscribed
Great Video thank you
Thanks bro, it is my biggest bag
Thank you for this. For years, I've been seeing people say on twitter "the tokenomics suck", but no one ever articulates why or how they suck, or even what makes for bad tokenomics.
Nice try, scammer @VirtualBaconhotline_
thanks for your sharing insights
Thanks for the submission buddy. Most importantly have you gotten your $XRP, $FLR Airdrop For XRP Holders that Doubles Your Next XRP Holdings and Prepares you for the next Bull run? Or don't know how to do about it?
Gala going to $1 easy this time
Maybe $0.30 - $0.45 this cicle. But FOMO associated with bull market can bring another thing
Hi, if gala is your 2. Games token what is first? Thankyou
Bought more and more! Bullish on GALA
I bought a tonne of gala during the FUD dip, be greedy when other are fearful
Excellent explanation on Gala tokenomics. Please do more Gala videos.
It wasn't excellent. It was incorrect.
Thank you 🎉
Great Video! Thank you!
Much Appreciated.
Have you heard of the $FLR Airdrop & Gala? have you successfully claimed the Flare token airdrop as an holder of $XRP?
Thanks for the submission buddy. Most importantly have you gotten your $XRP, $FLR Airdrop For XRP Holders that Doubles Your Next XRP Holdings and Prepares you for the next Bull run? Or don't know how to do about it?
Very well explained and made very clear. Brilliant at explaining the techy stuff....Thank youuuu!!🙏🌟💥🙌🙌🙌
Great and very explanatory video regarding the tokenomics. However, I was hoping to hear a bit more regarding the utility and fundamentals of why Gala is a good investment. Also, it would be great if you could do a video regarding crypto gaming narrative and why it would worth investing now.
Nodes earn 700 per day . This guy has no idea about the tokenomics
The burned tokens will still get reminted back to nodes. Therefore the total supply is still 50 billion
@@corbolysis4374 the max supply is 50 bn
Did he answer you ?
Great video!
Nice breakdown.
Great explanation of the tokens in circulation and the early yield returns.
It’s crazy how underrated Gala still is
The hit game hasn't come yet. When it does, Gala will be a household name and it will one day have a 25bn market cap at least.
@@CalumL-fr6lgI prefer Gfal. The team around it is incredible as well
@@thatbillionairesvibe gfal has value but its no gala, let's be clear.
@@CalumL-fr6lg Hmmm I don’t know about that. The team is much better
@@thatbillionairesvibe why's that?
Thanks for a very detailed analysis. What kind of prices do you anticipate in this bullrun? If you say the tokenomics are now much more improved, is there a chance of the previous ath being beaten?....
If Gala returned to its previous all time high market cap with these new tokenomics, the price would be an 11X from where it is today
@@hereafter79 a 19c Gala would be nice, but do you reckon it could get higher, maybe 30-50c?
@@ASMRkiddo easily but it may not be in the next two years. Long term, 5 years plus, you will see gala at 25 to 50bn market cap or around $1-$2. People are clueless on Gala.
You misunderstood. GALA is not a permanent combustion of 20 billion, but a cyclic combustion of 20 billion, so the maximum supply remains unchanged at 50 billion
Ok, I personally would be happy if it hits .30 next run.
Hey! This video is actually a bit incorrect
The TOTAL supply of Gala was decreased, not the MAX supply
They burned 20 billion of their treasury tokens
You should read into the mint/burn function they introduced with Gala V2 for sure
i quickly ran and told my mother about Gala games just so you were correct. I made an entry into Gala after their dump due to aleged fallout/corruption of the team. solid entry point.
i am surprised you dont mention the leadership issues that caused a great entry. i think its not a deal breaker but ignoring it makes the video either little bit disingenuous or naive.
so why did u decide to invest when they have internal issues? like devs suing each other etc...
@@afrobian1be greedy when others are fearful…
@@peterRobinson10101 Yeah cuz this guys gonna dump his gala that was gifted when it pumps, probably but I hope I'm wrong
@@afrobian1 because it dumped under value. i dont intend marrying the bag.
Awesome..plz guide about nftb coin(gaming project)
Excellent analysis. Thank
THANKS FOR THE INFO 👊
Great how detailed this explanation.
@YT_VirtuaIBacon- Who are you?! Stay away. I don’t trust anyone in the space anymore. Network of imposters.
good video but the information at the start is incorrect. There was 37B tokens released in Nov 21'.. but CMC reported it incorrect at 7B.
As a node founder, the correction of earnings today is 720 GALA / day on average.
720 gala is all you earn per a day as a node operator?
@@shakstar that's about $5K per year passive income.
minus electricity bills, any maintenance and taxes@@CalumL-fr6lg
At bull market, the daily distribution costs few hundred per day. I’m grateful that I own Gala node.
@snowie4991 if you got a founders node for a good price, you are set! All that's left to do is wait for $Gala to reach $25BN market cap.
great video
The 2bln tokens are in their reserve...Do we know how many nodes the team operates and how many tokens are locked in those nodes? Also what about the lawsuit between the founders. Is that resolved?
I like all of your analysis.. what do you think about Supraoracles.. do you think it have something great?? ❤❤
I watched your recent portfolio video and I was wondering to which category Gala belongs. Is it Gaming Infrastructure or a Web 3 Game? Please help me out,other knowledgeable viewers can help out as well :)
Thanks in advance ❤
Can you pls explain difference between ZKID and ZKLAB? Thanks
Hey hey could you do a gala price prediciton update video! Really curious to get your thoughts on this one sir
DOT for the win. 🏆
How many hold?
I have started listening to Gala music. Very cool.
Wow very well explained
Gala just keeps building, getting bigger and better.
Well, I'm wondering which one is your first pick for GameFi Project? is it RNDR?
WhIch one is the numner 1 gaming token if Gala de 2?
Ok thanks what's you number 1 gaming token then?
Excellent Job. Thanks. Can you please dive into the Jasmy token
I am available for a one on one convo get in touch
I love Hadera, got some on my Ledger, I think 10x from here is possible. I will share now gem with you, presale is still in progress. It is Staxum, and potential is massive, 100x-1000x possible.
What is Ascent Exchange?
Ascent Exchange is a next-gen liquidity layer on Horizen Eon, transitioning from its initial steps on the Polygon network to a strategic alignment with Horizen Eon.
Why does the maximum supply on Binance is still showing 50billions then ? Why not change it to 29billions ? And last but not least can gala permanently burn some of their tokens ?
Please do MINA protocol review
How much is a good bag to hold for gala?
The cap is always 50b. Over the lifecycle of GALA, there could be trillions upon trillions of coins burnt and the cap stays at 50b to exist at one time. Every coin that is burnt opens up a spot for a new coin to be minted at the tail end of the distribution.
As we move closer to the cap, the distribution slows. So it reaches a point where it cycles through inflationary and deflationary phases. The FN v3 proposal which passed around 2 months ago and is currently being worked on will create incentives for nodes who receive the distribution to delay mining of their coins and redistribute portions of their emissions to nodes who are minting less than they are
He is not listening and dont understand. He think burn mean reduce max supply, in general yes but not in this case lol. In Gala ecosystem BURN=REDUCE Circulation supply. You are spot on! Many are too lazy to do their own research!
Correct.
Yes. The website clearly said: burned from Total suply, not Max supply.
@@cryptocurrency2263so is this a waste of time ??
Ye you are clearly correct, but I think for the current bull market it is even better that these coins have been removed from total supply.
Can you do a video on Myria please 🙏 thanks
Sooo... without to low potential node operators??? Isn't good at all??
How much they paid?
Sir when altcoin buy or wait for dump ???
This is great information for tracking supply but of course demand is also important so which metrics do you use to determine the demand for a coin?
He might use Galas previous run numbers. Gala is huge and they throw massive parties in Vegas and make lots of money for marketing.
The price lol
please tell no.1 gaming token before GALA.
Can you review polkadot next?
Sir, is harmony coin good are bad for 2025
#GalaGames definitely to the moon
But it's already at $1B market cap. How many X's could it do? 8-10 maybe? ATH market cap was due to a crazy pump without many tokens out also which skew things.
Gala Gang!
Have you heard of pikamoon?
Hi VB, can do a review on ziliqa. Thanks
Is gala v1 worthless do I need to start buying v2
I’ve been holding since 2020
Cup and handle still moving in, some nice "Daisy chain" action, very bullish.
Please cover Theta Arena
$GALA 🔥🔥🔥
Hi Dennis. Grerat Video. I have a question. What is your prediction for Gala's Very top, in the future Bull Run.
Sinverse the best game ❤
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest and trade in gold, stock and digital currencies. C. Kevin insights and charts are productive.
His TWlTTERR
Cischketrade
well, I can understand the wisdom behind working with these professionals because I’m completely aware of the psychological effects of bad financial decisions.
It is amazing how accurate his market analysis is and how well and patiently he is with beginners.
You are actually the fourth person that have spoke great about this stra tegy, I think I will try it out.
GALA is about to 🚀
fyi, your gala node calc is incorrect. 365 days * 350 tokens per day ~= 125,000 tokens-per year
What will happen to Gala v1 (old version) holders, should they sell or automatically converted to GALA V2?
Dont understand?found owners gets 718 gala a day until halving happens around july 2024 and thats around 4.3B new tokens and you are saying that is only 2B left in circulation supply?
Im in strong on gala
Is, this still correct?
Whats your price prediction for this Bull Run?
0.50$
What’s the price prediction for GALA in 2024/25?
Currently reward is about 700 gala per day
Where or How do you buy Gala?
From here maybe 50 cents, a reasonable price will be 30c
If it hits only 0,20 cents that's a 10x from here...I'd be a happy man.
@@jacobmoney if you only want a 10x from gala it seems you don't understand the extent of the value they are creating.
How about the big law sues among the founders. One wants130,000
And the other one wants 750,000
What is your #1 gaming token?
You forgot to mention price prediction for GALA like you did with chainlink
Thank you for your great video content.
I wanna talk about an ongoing project, Reef Chain via your channel.
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