Coinbase added Gala (GALA) to its professional trading platform earlier last week. It then provided support for the altcoin on its retail trading platform. Since Coinbase announced its first support for the altcoin, GALA has risen 309% from $0.11 to an all-time high of $0.45 on Sunday.
Gala is the core cryptocurrency of the Gala Games ecosystem. Altcoin GALA is an Ethereum token that powers Gala Games, a platform for blockchain games. Eric Schiermeyer, who is also the co-founder of Zynga, a popular social mobile game company, was founded in July 2019 to create a blockchain-based game network and create structures where users have more rights over games. It is stated that he founded Gala Games.
It is seen that Gala Games reached 1.3 million monthly active users and sold 26,000 NFTs. It is stated that the most expensive item sold by altcoin GALA, a relatively new player in the crypto market, is worth $ 3 million.
So far, Gala Games has released the playable game Town Star and the NFT collectible series called VOX. Townstar was developed as a competitive farming simulation game featuring player-owned NFTs. The game allows players to participate in various challenges to climb the weekly leaderboards and earn in-game rewards.
In the near future, Gala Games is planned to bring to life productions such as a fantasy RPG, a sci-fi strategy and a tower defense game.