GALA is the native token of the gaming blockchain platform Gala Games. Despite the crypto market’s impressive growth in recent months, it is still trading 93.2% below the all-time high reached in December 2020. Meanwhile, Kangamoon KANG presale is surging due to its Play-to-Win Gaming platform.
What is Gala Games?
Gala Games develops blockchain games, creating its own ecosystem using distributed ledger technology. The platform operates on the Ethereum and Binance Smart Chain networks. The project team constantly interacts with community members and analyzes their proposals, since user opinions determine the design, plot and specifics of each game.
The GALA token is used to manage the platform and purchase in-game elements in the form of NFTs. At the time of writing, the asset is ranked 61st in the top 100 crypto, and its market capitalization is $2.04 billion. The MVRV coefficient confirms the possibility of correction. The indicator indicates that the majority of wallets that purchased GALA in the last 30 days have an unrealized profit of 88%.
GALA Games: Price Forcast
Technical analysis of Gala supports the possibility of a price fall. If selling by whales continues, a drawdown to $0.050 will likely erase some of the recent gains. However, if investors remain resilient in anticipation of further growth, the token could rebound from $0.058. This will give GALA the impetus to break through the $0.0845 resistance level, allowing it to potentially rise to $0.09 and refute the bearish thesis.
The Kangamoon (KANG) Adventure
Kangamoon will offer immersive gameplay mechanics, enabling players to construct their avatars and cultivate unique talents. Players can connect with other fans globally and partake in demanding battles and tournaments to assess their abilities. The gaming mechanisms are crafted to deliver an enthralling experience suitable for both casual gamers and competitive gaming aficionados.
Play2Win Attributes
Kangamoon sets itself apart by integrating play-to-win attributes. By winning matches, participating in special events, conquering demanding quests, or speculating on the outcome of battles, players can amass KANG and acquire rare in-game items. These items possess tangible worth beyond the game and can be exchanged or sold in the game’s marketplace. The play-to-win model fosters skill enhancement, dedication, and active involvement within the dynamic Kangamoon community.
Kangamoon Digital Currency and Exchange
Kangamoon operates on its native token KANG serving as the primary means of transaction within the ecosystem, enabling players to procure in-game items, enhance their avatars, and engage in various endeavors. The demand for KANG is propelled by the SocialFi and Play To Win mechanisms, forging an ecosystem where the value of KANG is directly shaped by members of the community and player involvement.
