The GALA coin seems like a scam. The total supply is extremely high, and it only works with Founder Nodes. To become a Founder Node, you need to own 2 million GALA coins, which is equivalent to $100,000. Who would buy a mining program for that amount just to receive a daily reward of 700 GALA?
It seems like investing in GALA might not be a wise choice, given the high cost to become a Founder Node and the low returns. It appears to be more of a risky investment with uncertain rewards.
What do you think, can it still reach $1 after all this? And is there anyone sane who would buy a mining program for $100,000 just to receive a daily reward of around 700 GALA?
Personally, I am an investor in Gala, but after doing some research, I started to have doubts, especially after my loss in LunaC. I now question every cryptocurrency that has a large number of tokens.