A gaming altcoin constructed on prime of the Ethereum community has witnessed a virtually continuous parabolic rise after its addition on the main US-based crypto trade Coinbase.
Coinbase added Gala (GALA) to its skilled buying and selling platform early final week and subsequently rolled out assist for the altcoin on its retail buying and selling platform on Wednesday.
The coin is up 43% within the final 24 hours alone, at time of writing.
Gala is the core crypto asset of the Gala Video games ecosystem.
It’s designed to energy a plethora of video games that permit gamers to earn rewards in addition to purchase and promote in-game gadgets within the type of non-fungible tokens (NFTs).
The coin is a relative newcomer to the crypto house, having launched in September of 2020.
To this point, the mission has launched one playable sport known as Townstar, which is a aggressive farming simulation sport that includes player-owned NFTs. The sport permits gamers to have interaction in numerous challenges to climb a weekly leaderboard and earn in-game rewards.
Up to now, Gala Video games says its ecosystem has offered about 26,000 NFTs, with the most costly NFT promoting for $3 million.
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