It is necessary to praise GALA, a public chain that is seriously undervalued in this round!
GALA has been changed to GALACHAIN, becoming an emerging public chain. The reason why it is emerging will be discussed later (related to the price of the currency). It is Layer 1 and has the following features:
1. Decentralization
2. High performance
3. Support the gaming ecosystem
For example:
Player A obtained a rare item in a blockchain game.
This item is an NFT (non-fungible token) minted through a smart contract on GALACHAIN.
GALACHAIN is responsible for recording the ownership of this item while ensuring the transparency and security of transactions.
In the same way, releasing music, releasing movies, and releasing NFTs (think about why Sun Ge has been playing the art of eating bananas recently 🍌🍌🍌🍌, do you smell something?) is also possible!
Similarly, releasing MEME games and Defi games is also possible!!!
In other words, GALA is the first public chain in the web3 field, entertainment (not just games)! It must lead the field in this round of bull market. I personally think that a 10-fold increase is the starting point!
Let’s start talking about the main point, the price of the currency that everyone cares about!!!
There are several reasons why the price of the currency is so low:
1. In 2021, the opening price soared from 0.02 to 0.84, a 40-fold increase. Then BTC entered a bear market, and the pNetwork incident and pNetwork security incident caused GALA to fall from 0.6 to 0.03. This is the main reason!!! Now the technology has been upgraded and changed to GALAchain.
2. In 2023, the two co-founders went to court and 8.6 billion Gala coins were stolen, but they were recovered.
3. Excessive centralization is the cause of all events. There is now a strong node verification network (here is an example. I can’t remember clearly some time ago, the news broke that Alibaba’s server crashed, and a financial or other industry that used the server suffered huge losses, but it was Gala’s node that saved it. I can’t remember it, but similar stories are true. This just shows that it has strong technology and has been doing things since the bull market in 2021, that’s all).
Having said these main advantages and disadvantages, the wind of gamefi in this round of bull market has not come yet. When the wind comes, I think gala should take off first. After all, it can withstand the test of bull and bear markets and does things. In this round of bear market, it has built a public chain, and there are cases of games, music, and movies (on December 5, the movie token FILM was issued). The nodes are reliable, and a large number of tokens were burned in the middle (I forgot the exact number, I only remember that it was over 100 million) to maintain deflation. The price of 0.04 must be underestimated. In this entertainment and game field, even if you choose one that can fight, it is it. According to the price of Bitcoin in the last round, Gala should be priced at 0.6-0.8. This round of Bitcoin has reached the 10w mark. Gala has upgraded its technology, built a community, and expanded into an entertainment public chain. Compared with that value coin, it has proved itself. Compared with meme coins, gala is not air but a real thing. Why is it underestimated? At least the price is 0.4!!! If you release an application with a solid SDK, it will be easy to release 0.4, 40, 400, or 4000.
The altcoin season is here, with BTC leading the way, followed by ETH, and then major public chains making up for the losses. But don’t forget GameFi, the leader that is most likely to create a Ponzi scheme. No matter how you choose it, it is in the top 50 by market value. Wait for the gala value to be discovered!
