Blockchain gaming platform Gala Games’ GALA token has shot up in value thanks to Binance’s announcement to list the token. On Monday, September 1, Binance announced it will list GALA and it will open for trading at 6:00 UTC.
Soon after, GALA, the platform’s utility token, witnessed significant gains. According to Cointelegraph, the token’s price skyrocketed by around 270% to $0.077 on September 13. On September 12, the token was trading only at $0.021.
Gala Games has been growing steadily
A gaming and NFT platform, Gala Games’ mission is to build a decentralized ecosystem of blockchain games.
“The decentralized Gala Games ecosystem aspires to blow the doors wide open and give players back the control they deserve,” it notes on its website. “Through decentralization, players not only own their in-games items, but they have a voice in how the Gala Games roadmap develops.”
In recent months, it has been steadily growing its platform. For instance, the platform currently has 1.3 million monthly active users. Moreover, it has sold 26,000 NFTs, with the most expensive one fetching $3 million.
Last month, Gala Games wrapped up the first sale of VOX, its “adorable new collectible series.” The drop even sent the Ethereum network into overdrive!
Priced at 0.0888 ETH, 8,888 VOX were minted on August 11. These NFTs offer more than just cute collectibles. For instance, they function as DeFi avatars, creating future earning opportunities. VOX also comes with source files, which means their owners can animate or 3D print the characters.
With its Binance listing, the platform is well on the path to becoming a successful gaming platform!