Gaming crypto GALA rallies nearly 350% in November — Correction ahead?

Gaming crypto GALA rallies nearly 350% in November — Correction ahead?


Gala Games’ in-house currency GALA rallied by nearly 350% in November, ignoring corrections across the top cryptocurrencies, including Bitcoin (BTC). Notably, GALA price surged from $0.088 to $0.42 between Nov. 1 and Nov. 22.

GALA/USD four-hour price chart. Source: TradingView

GALA’s gains primarily came in the wake of a price rally across a majority of gaming and metaverse crypto assets. For instance, MANA, the native token of Decentraland — a blockchain-based virtual world that allows users to create, experience, and monetize content and applications, climbed by more than 30% month-to-date.

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Similarly, SAND, the native asset of decentralized metaverse project, the Sandbox, more than doubled in prices in November. Gaming projects, including Dvision Network (DVI) and Ultra (UOS), also witnessed more than 100% growth in value.

Rally or correction ahead?

The upside moves across

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