• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Saturday, September 6, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Gala Price Doubles After Town Star Nodes Announcement

Kyle Portman by Kyle Portman
November 17, 2021
in News
Reading Time: 3 mins read
0
Share on TwitterShare on Facebook

Gala price is up over 93% today, making it the biggest gainer on Crypto.com, followed by CRO. With a 24 hour trading volume of $3 billion, the market is definitely excited about Gala. Let’s take a closer look at the Gala token, and see what all the hype is about.

What Is Gala?

Gala Games is a development company focusing on building blockchain-based games that people actually want to play. Their methodology is simple, keep the blockchain part of the game invisible, and create simple, fun mechanics that everyone can enjoy.

Founded in 2020, Gala is one of the top contenders in the GameFi sector of cryptocurrency. Combining aspects of DeFi into decentralized blockchain-based games that allow true ownership of assets within the ecosystem.

Why Is Gala Price Rising?

The most recent news regarding Gala is yesterday’s announcement, regarding the introduction of Town Star Nodes to the Gala platform.

Town Star is a free Play-to-Earn game launched last month on the Gala Network. It allows players to select a plot of land, make money by selling goods, and upgrade your town using money from sales.

Town Star allows you to earn TOWN tokens by holding GALA and adding an NFT to your town. At the time of writing, the cheapest GALA NFT I could find was the Haunted Crypt, which cost roughly $2,000 at the time of writing.

town star nft

Definitely not a cheap endeavor by any means, but the daily rewards generated from placing this NFT in your town, might just outweigh its price in the first place.

The announcement also mentions a new feature on the Gala network called Town Star Node Licenses, which will empower users to “supercharge Town Star’s growth, while earning rewards for yourself in the process.”

Currently, there are over 20,000 Gala nodes online, however up until now there weren’t any Town Star nodes. By running your own Town Star node, you can earn even more rewards, while helping secure and improve the network.

Along with Gala’s price increase, we also saw TOWN’s price increase by over 127% in the past 24 hours alone. With Town Star’s release last month, Gala is setting itself to be a top contender in the GameFi sector of cryptocurrency.

If Gala continues to release blockchain games and structuring them similar to Town Star, with their own tokens, then the long term outlook for GALA is extremely bullish. In my opinion, it wouldn’t be too unreasonable to see GALA double in price by the end of the year.

Disclosure: This is not trading or investment advice. Always do your own research before buying any cryptocurrency.

Follow us on twitter @thevrsoldier to stay up to date with the latest cryptocurrency news!

Previous Post

Shiba Inu Price Holding Support as the FUD Continues

Next Post

Loopring Price Down 10%, Is LRC a Good Investment for 2022?

Related Posts

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing
News

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

September 2, 2025
Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?
News

Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

September 1, 2025
Ethereum whales dump $1.8B – but could retail flip the script?
News

Ethereum whales dump $1.8B – but could retail flip the script?

August 31, 2025
Bitcoin slips to $108K as Google searches explode – Smart money preparing an exit?
News

Bitcoin slips to $108K as Google searches explode – Smart money preparing an exit?

August 30, 2025
Ethereum $5K Squeeze? Whales and Traders Smell Opportunity
News

Ethereum $5K Squeeze? Whales and Traders Smell Opportunity

August 30, 2025
Bitcoin Price Prediction For The Holiday—Breakout or Breakdown Coming
Featured

Investors Drop Lawsuit Against Strategy Over Bitcoin Risks

August 29, 2025

Press Releases

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing
News

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

by Jordan Avery
September 2, 2025

Bitcoin recently slid 12.8% from its all-time high, but before the bears start celebrating, context matters. Pullbacks in the range...

Read more
Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

September 1, 2025
Why Ethereum ATH Could Crush Bears Before Q3 Ends

Why Ethereum ATH Could Crush Bears Before Q3 Ends

August 12, 2025
Ethereum’s 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

Ethereum 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

July 20, 2025
Jupiter Token Crash: Why JUP Lost 80% and What Happens Next

Jupiter Token Crash: Why JUP Lost 80% and What Happens Next

June 24, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier