Wondering Why Gaming Crypto Gala Is Shooting Higher Today? Thank Ethereum Whales, BT And Snoop Dogg

Gala (GALA) rose nearly 20% to $0.33 in the early hours of Tuesday amid heightened whale buying activity and positive news.

Gala Price Performance
Time-frame % Change (+/-)
24-hour 19.9%
24-hour against Bitcoin 11.9%
24-hour against Ethereum 9.9%
7-day -7.5%
30-day -2.7%

YTD performance


See Also: How To Buy Gala (GALA)

Why Is It Moving? GALA rose along with major coins at press time as the global cryptocurrency market cap rose 4.3% to $1.95 trillion. 

GALA was the second-largest 24-hour gainer on both CoinMarketCap and CoinGecko. The coin trended on both the price-tracking websites at press time.

WhaleStat tweeted that, as per its metrics, GALA was on the top 10 purchased tokens by 1000 biggest Ethereum ETH/USD whales in the preceding 24 hours. 

On Monday, Gala Games said in a statement that it was partnering with Grammy-nominated music composer BT on music, art, and non fungible token project called “The Orbs.”

“​​Every single Orb will generate a completely unique visual and aural experience for eternity from the blockchain,” said BT.

“I’m thrilled to be at the intersection of where electronic music, blockchain gaming, and NFTs collide,” said the artist also known as Brian Wayne Transeau

Also on Tuesday, rapper Snoop Dogg tweeted about 25,000 “stash boxes” containing song NFTs from his new album Bacc On Death Row. 

The Song NFTs will have earning potential on the Gala Music Network, as per the webpage tweeted by the rap star. 

Read Next: Canada Invoking Emergency Rules Means Bitcoin, Ethereum, Dogecoin Can Also Be Seized

Photo: Courtesy of Tulane Public Relations via Wikimedia

Posted In: EthereumNFTsSnoop DoggCryptocurrencyGamingNewsMarketsMoversTrading IdeasGeneral

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.