Coinbase, one of the top cryptocurrency exchange platforms, recently added a new crypto, GALA (Gala Games.) The new coin was listed on November 16, 2021, on the platform and is ready for you to buy, sell, receive, send, or trade.
One of the reasons Coinbase decided to list the game crypto is probably because of its popularity among the gaming communities. The coin was developed by the creator of Gala Games for its user for in-game transactions.
So, if you don't know what Gala Games is, it's a company that develops video games using blockchain methodology. The company was founded in 2020, and believe it or not; it is already a big boy in the GameFi sector of crypto.
The whole idea of the company behind developing gala coins was, like we mentioned earlier, to let users own assets within the ecosystems through the combination of "Decentralized Finance (DeFi)" and decentralized blockchain-based games.
The price has skyrocketed for the crypto; according to its 7-day trends, the digital coin price is up by over 360%; as of this writing, Gala is trading at $0.3918. Here's what live data looks like for the GALA Crypto,
"The price today is $0.391805 with a 24-hour trading volume of $3,132,290,115. Gala is up 5.10% in the last 24 hours. With a live market cap of $2,733,702,384. It has a circulating supply of 6,977,205,436 GALA coins and the max. Supply is not available."
The founder company was established by one of the co-founders of Zynga gaming company. The company aims to revolutionize the gaming industry in a different direction by giving its users control over their games. How? With the help of Gala coins, players can trade, buy, sell, receive, and send the digital currency in-game. The new rise of "Metaverse."