A metaverse coin project built on Ethereum is defying the recent pullback of the cryptocurrency market due to whale activity. As Kriptokoin.com, we are transmitting WhaleStats data, which examines the movements of Ethereum whales…
According to the data, whales turned to this metaverse coin project
According to WhaleStats, the website that tracks the movements of crypto whales, Gala Games (GALA) has become the third most purchased cryptocurrency by whales in the past 24 hours, behind only Ethereum (ETH) and Tether (USDT). Other cryptocurrencies are listed in the table below:
GALA, a blockchain-based gaming protocol that allows users to take part in the development of a game by allowing users to own in-game items as non-fungiable tokens (NFTs), has increased its price from $0.452 to $0.548, a 24-hour low. It increased by 21 percent. GALA has been down slightly since then and is currently changing hands at $0.48.
According to the data, the average whale purchased 102,199 GALA for $53,556, making it a more popular investment than other popular metaverse tokens such as Decentraland (MANA) and The Sandbox (SAND). WhaleStats also states that the average whale has close to one million GALA tokens, which at the time of writing are worth about $480,000. This makes the coin the sixth most popular crypto by whales. GALA is currently 42 percent below its all-time high of $0.82, which it reached on Nov.