Blockchain game company Gala Games (GALA) has unveiled the launch dates for Galaverse. Following this announcement, the metaverse coin experienced a surge of over 18% in the last 24 hours, claiming the top spot in CoinMarketCap’s trending coins/tokens list, with a trading volume exceeding 80% in the last 24 hours. Here are the details of the development for readers of Metaverseplanet.net…
Galaverse will take place at a three-day event in Copenhagen, Denmark from June 7-8, according to Gala Games announcement . Official Twitter announcement:
Galaverse prepares to welcome the community
Gala Games recently recreated the most recent events from mid-December 2021 in Las Vegas. During this event, the platform showcased the immersive virtual world experiences awaiting players with the upcoming launches of metaverse projects like Last Expedition, Legacy, and The Walking Dead: Empires. Gala Games also announced on its blog that the event will not offer day tickets, allowing only one ticket for the entire event. With only 800 tickets available for purchase, a single ticket is priced at $8,000, and a double ticket is available for $14,800.
GALA made two important announcements this month
As per Gala Games’ earlier statements, the company is set to invest $5 billion in the NFT ecosystem in the upcoming year. Of this budget, reports indicate that $2 billion will be allocated for game development, $1 billion for music studio projects, $1 billion for movies, and $1 billion for Gala theme park NFTs.
Metaverse coin gained 18% as a result of Galaverse announcement
Following positive news related to Galaverse, the price of GALA has experienced an increase. Currently trading at $0.3348, GALA has sustained gains of around 12% over the past 24 hours. During this period, its 24-hour trading volume surged by 80%, earning it a spot on CoinMarketCap’s list of trending coins/tokens.
Despite the recent uptrend, GALA is still trading approximately 60% below its all-time high (ATH) of $0.8367, reached on November 26. As seen in the aforementioned announcements, the GALA price exhibits a structure that can respond rapidly to news of partnerships and integrations. The next significant development anticipated for the Metaverse project is the Galaverse event scheduled for June 7-8.
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