GALA rebounds after Gala Games integrates Google Pay and Apple Pay

New altcoins and meme coins have swept aside several of the coins that shone during the last bull market.

But while the market anticipates new entrants such as Dogs, Sui and Mantra to pick fresh momentum, there’s likelihood that Gala (GALA) could recapture attention alongside top altcoins Ethereum, Solana and Tron.

Momentum is likely after Gala Games announced integration of Google Pay and Apple Pay to bolster payment solutions available to its users.

Gala integrates Google Pay and Apple Pay

Gala (GALA) is a blockchain-based gaming and web3 entertainment network with GALA as the native utility token. The blockchain platform’s key products include Gala Games, Gala Music, Gala Film and GalaChain.

In the latest positive news, Gala and Coinflow announced an integration with Google Pay and Apple Pay. The partnership brings new payment options to the GALA ecosystem, with users having other ways to undertake transactions.

We’re excited to announce the integration of Google Pay & Apple Pay, powered by Coinflow! Now, owning NFTs and engaging with digital content in the Gala Games ecosystem is easier than ever. #GalaChain#Web3gogames.gala.com/uhotd

Gala said in a blog post that the new payment solutions will initially be accessible to the Gala Games store before expansion to Gala Music and Gala Film.

Significantly, the community can tap into the payment options to access decentralized entertainment. This relates to the explosive interest seen across Gala’s free Telegram mini-app tap-to-earn games Treasure Tapper and Music Coin.

Earlier this year, Gala Games advisor Jason Brink outlined a roadmap that included the new feature allowing anyone to create and deploy tokens on GalaChain. Tokens would be tradable on GalaSwap. These additions and the resurgence seen within the GameFi space has recently helped GALA price.

It includes stemming potential declines after the price of GALA recently fell amid an exploit, reaching lows of $0.014. Despite Gala’s price remaining in a downtrend since hitting its all-time high above $0.82 in November 2021, it’s possible bulls may be about to establish an upper hand.

Gala price: Key levels

According to data from IntoTheBlock, about 50% of GALA holders are in loss at current price levels. The In/Out of the Money metric shows prices between $0.018 and $0.019, and has over 36.6% of holders in profit and 11.7% at the money.

IntoTheBlock data shows Gala addresses in/out of the money

GALA price needs to break above $0.022 to give bulls the control they require to target the critical resistance level at $0.026 to $0.03. The area is significant as 30.39k addresses purchased over 20.34 billion GALA at the average price of $0.029.

If price breaks above this zone, there’s a likelihood of buying pressure to push GALA to the next major hurdle around $0.25-$0.74. This range saw over 55.7k addresses acquire more than 590 million GALA at the average price of $0.44.

GALA’s current price of $0.019 is 2.2% up in the past 24 hours.

The post GALA rebounds after Gala Games integrates Google Pay and Apple Pay appeared first on Invezz

Source