Gala Games has the potential to reach a price of $2 by 2025, which is a 48x increase from its current level, due to several reasons. Firstly, the company has over 1.2 million monthly active users and has already sold 26,000 NFTs, showing rapid growth potential. Gala is also set to enter the DeFi market with a decentralized exchange being built on its own blockchain, Jiri, which is projected to be worth over $230 billion by 2030. Secondly, the next crypto bull run is expected to be bigger than ever, with over 420 million crypto owners globally. Finally, Gala’s recent acquisition of Ember Entertainment, a mobile gaming studio with 20 million users and $100 million in revenue, and its focus on mobile gaming, which beats out spending on PC and console gaming, is another factor that could impact its growth potential.
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Introduction
How high can Gala reach by 2025? Personally speaking, I think Gala will at least reach the price of two dollars and do a 48x from here, and let me explain why.
Reason 1: Growing at a Rapid Pace
The first reason why I think so is because I believe that Gala games is growing at a very rapid pace and it’s not showing any signs of stopping. Gala games has managed to have over 1.2 million monthly active users and it’s been able to have already sold around 26,000 NFTs already. Gala is also potentially looking to enter the D5 Market which is projected to be worth over 230 billion dollars by 2030. Gala games is so well-rounded, focused on gaming, film, music, building a metaverse, and D5. The price may be down over 90 percent from its all-time high price, and the market cap may be sitting at around 300 million dollars, but the ecosystem is just fantastic.
Reason 2: Next Bull Run will be Bigger and Better
The next Bull Run will be bigger and better than ever before. Currently, there are over 420 million crypto owners globally and in 2022 alone, there was over 100 million new crypto owners. With these many people owning cryptos, buying volume, buying pressure, and FOMO, will all be at an all-time high which is going to be great news for all coins like Gala. Thus, during the next Bull Run, Gala will have no issues reaching the price of two dollars.
Reason 3: Heavy Focus on Mobile Gaming
Gala recently purchased a mobile gaming studio called Ember entertainment. Amber entertainment has over 20 million users and has generated around 100 million dollars in revenue already. When it comes to consumer spending on mobile games, it beats out all other gaming platforms, including PC and console. So, Gala did the right move by being focused on mobile gaming.
Conclusion
When I take into consideration what Gala is focused on, when I consider how fast they are actually growing, when I consider all that, I really don’t see why it is out of the realm a possibility for Gala to do a 48x and reach the price of two dollars by 2025. If anything, I actually think that’s a very realistic Target for Gala in the next couple of years. Gala has a lot of potential and that is why I keep accumulating more and more Gala that is not Financial advice but I really do believe in gala’s future.
