Summary
TLDR: GALA token price surged 27% after GalaSwap DEX launch on GalaChain network. GALA is now up almost 70% in the past 30 days, reaching a 10-month high. Other gaming tokens like IMX and BEAM have also seen significant increases. GalaSwap offers fast, low-cost trades and rewards for users.
Key Points
1. GALA token, part of the Gala gaming and entertainment ecosystem, experienced a significant price surge after the launch of GalaSwap, a decentralized exchange (DEX) on the GalaChain network offering rewards to traders.
2. The price of GALA jumped from around $0.033 to a high of $0.042 within six hours of the news, marking a 27% increase. It has since settled above $0.039, representing a 17% climb in the past 24 hours.
3. GALA’s recent price peak is the highest in 10 months, with a nearly 70% increase over the last 30 days. The broader cryptocurrency market’s recovery, including Bitcoin’s gains, has also boosted other gaming tokens like IMX, BEAM, and ILV.