Gala (GALA) token, which has a market value of more than 350 million dollars in total, has more than doubled in value in the last month.
The GALA token, like many other cryptocurrencies on the market, has lost value in the past 24 hours. However, according to CoinGecko data, the value of GALA 30 days in the process more than 150% rose.
The tokens of projects working in the field of gaming and metaverse were outperforming other cryptocurrencies in the market at the beginning of this year. GALA, which has shown upward momentum since the beginning of the year, rose to $ 0.548 on January 17.
During these periods when the GALA price was on the rise, two prominent developments took place on the Gala platform. Gala Games on January 12 a comprehensive, platform-wide token burn announced that it will.
According to the statement made by Jason Brink, president of Gala Games, users will be able to find out when during the first quarter of this year, purchase used for this operation, if they Burning of GALAs will happen.
In addition, Gala Films, backed by Gala, has started working with actor and director David Bianchi, who is currently working on the new RZR series.
Gala Films undertakes the production and distribution of the film, which will begin shooting in the coming days.