Gala Increases 13% in Just One Week as Analyst Supports Doubling Its Price While DICE Presale Reachs $770,000

The cryptocurrency that powers the Gala Games ecosystem, Gala (GALA), has been very active lately.

After soaring 13% over the previous seven days, a well-known analyst is now speculating that GALA could potentially double from this point on.

Analyst Says If Technicals Strengthen, GALA Could Double

It’s been a fantastic week for GALA holders.

The token has surged to $0.048 – its highest level since April 24.

GALA’s rally appears to be backed by solid technical momentum.

The token’s price formed a double bottom around $0.040 before posting four bullish closes in the past five days.

But it’s not just the current price action that has investors excited.

Renowned cryptocurrency analyst Decilizer is making waves with his audacious forecast that the price of GALA may soon double.

Decilizer said in a tweet earlier today that GALA is "all set to cross our subsequent target of $0.081" and that it has "verified its primary support" at $0.040.

Compared to GALA's present value, this would indicate a gain of almost 100%.

Interestingly, Decilizer also cited previous instances in which GALA generated returns of over 520%, indicating without a doubt that, given its current technical configuration, he sees the token as a high-potential play.

Gamers' Owned Assets in a Gaming Environment Drive GALA Hype

In case you're not aware, Gala's group has an audacious goal to transform gaming by giving players, not developers, true ownership.

Instead of providing a single game, this blockchain-powered ecosystem seeks to build a library of games wherein in-game assets owned by players are organized as NFTs.

To facilitate this approach Gala introduced "GalaChain," a blockchain designed exclusively for its vision in January.

This relaychain assists Gala to expand its gaming libraries and economy with screamingly fast speeds at a palatable cost.

One very interesting part of this ecosystem is GalaSwap, a DEX designed to facilitate token swaps within the GalaPhantom network.

GalaSwap has seen enormous growth since being launched just a few days ago, breaching over $100M in volume - but as the team behind Gala reveals below, this is only the beginning of what they have planned.

The fact that this milestone was reached in less than three months indicates that users are very interested.

It's simple to understand why investors (and analysts like Decilizer) are so optimistic about Gala's prospects with a team of seasoned gaming veterans leading the way, a library of games expanding quickly, and now a highly active DEX.

Which Other GameFi Coins Might See a Rise?

Gala's popularity is evident, but it's not the only gaming cryptocurrency making waves at the moment.

Mega Dice Token (DICE), a new project that blends GameFi mechanics with provably fair gambling, is one that is gaining attention.

Project DICE, a Crypto Casino, is Set for Success After Raising $770K During the Presale

DICE is a token that combines gaming and gambling, and if the development team's ambitious roadmap is successful, it may achieve success similar to that of GALA.

DICE is linked to an established online cryptocurrency casino with over 50,000 players and $50 million in monthly bets, in contrast to many startup tokens.

Building on this solid base, the current DICE token presale has hit over $770K in just a few weeks - demonstrating that there exists considerable enthusiasm for how the team aims to integrate cryptocurrency with online gaming.

And this is where the DICE token comes in.

Token holders will enjoy an array of benefits including cashback, premium game access, airdrops and partake in the casino profits from Mega Dice.

Voting using DICE as well and VIP benefits, loyalty programs etc are likely in the pipeline for gamification to the experience.

Additionally, DICE's tokenomics are attractively structured.

Pre-sale buyers will receive a whooping 35% of the entire DICE supply, with the remaining 15% going toward funding the intended airdrop campaign.

Because of these factors, DICE has generated a lot of buzz; over 27,000 people have followed the project's official Twitter account.

Thus, other up-and-comers like Mega Dice Token may be set for future growth, as evidenced by GALA's price pump, which highlights the insane demand for cryptocurrency gaming projects at the moment.