• GALA token rose more than 68% to hit highs of $0.04022884
• Gains for GALA, the utility token of Gala Games ecosystem, came after the platform announced partnerships with Hollywood stars Dwayne Johnson and Mark Wahlberg
• As of writing, GALA was trading around $0.04022884 and had a market cap of $288 million
The cryptocurrency market is seeing a surge of buying pressure on Monday, with many of the top tokens trading in the green. One of the highest gainers is GALA, the utility token of Gala Games ecosystem, which has seen a staggering 68% surge in the past 24 hours.
GALA has seen $1,241,426,652 traded in the past 24 hours, pushing its market cap to $288 million. GALA currently trades around $0.04022884 and is up 58.4% against Bitcoin (BTC) to 0.00000222 BTC and 54.3% against Ether (ETH) to 0.00002904 (as at 9:00 am ET on 9 January).
The significant gains for GALA come after Gala Games announced its partnership with Hollywood stars Dwayne Johnson and Mark Wahlberg. GALA will be the gas token users will need to collect digital tokens.
Dwayne Johnson, commonly known as The Rock, is a famous actor and producer, while Mark Wahlberg is also an actor, producer and entrepreneur. Both stars are well-known in the entertainment industry and have been involved in various projects over the years.
The partnership between Gala Games and the Hollywood stars is expected to bring more exposure to the platform and its digital tokens, which should help drive prices higher in the long-term.
In addition to its partnership with Hollywood, Gala Games has also announced the launch of its new Gala Network, a blockchain-based gaming network that will enable gamers to earn rewards in GALA tokens for playing games.
Gala Network will be powered by a dual-token system, where users can earn GALA tokens for playing games, and use the tokens to purchase in-game items and other digital assets. The platform will also feature a range of other features, including a decentralized exchange, smart contracts, and a token economy.
Overall, the recent developments and partnerships for Gala Games have created a lot of excitement in the crypto market and pushed GALA token prices to new highs. With the market cap now at $288 million and its price rising, investors are expecting GALA to continue its bullish run in the near future.
