Currently, GALA is trading at a price of approximately $0.0166, with a market capitalization of about $634 million.
Forecasts for GALA price in 2025
Forecasts regarding the price of GALA in 2025 vary, and here is a summary of the most prominent ones:
• CoinCodex: expects the price to range between $0.0165 and $0.0285 during 2025.
• CCN: forecasts indicate a price range between $0.010 and $0.074, with the possibility of the price reaching $0.074 in the event of a strong market recovery.
• CoinLore: provides an optimistic forecast for the price to reach $0.6840 by 2025, based on the analysis of previous bull markets.
• DigitalCoinPrice: expects the price to range between $0.0312 and $0.0363 by the end of 2025.
Current technical analysis
Technical analyses suggest that GALA may be in a price correction phase, with the formation of a 'Falling Wedge' pattern that is considered a signal of a potential trend reversal to bullish. Additionally, indicators such as the Relative Strength Index (RSI) suggest that the coin may be in an oversold zone, which could pave the way for a potential price increase.
So could GALA reach $2?
To reach a price of $2, GALA's market capitalization must rise to around $75 billion, based on the current supply of approximately 37.8 billion coins. This means an increase of over 11,000% compared to the current price. According to current forecasts, this scenario is unlikely in the near or even medium term.
Summary
• Current price: approximately $0.0166.
• Forecasts for 2025: range between $0.010 and $0.074 in most estimates, with some optimistic forecasts reaching $0.6840.
• Reaching $2: unlikely in the near future, requiring exceptional growth in the project and the market as a whole.
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