📉 Why GALA Isn’t Performing Well
Macro pressures on crypto
Like other cryptocurrencies, GALA has felt the strain of high interest rates (Fed near 5.25–5.50%), a strong US dollar (DXY at ~105), and shifting investor appetite toward safer assets like money market funds yielding ~6%
Weak game ecosystem traction
Gala Games’ titles (e.g., Townstar, Dragon Strike, The Walking Dead: Empires) have failed to reach mainstream adoption. Sales of NFTs have dropped, and the recent shutdown of The Walking Dead: Empires (July 2025) further dented investor confidence
Token supply & inflation
GALA has a massive circulating supply (~35.7 billion tokens) and high inflation (~27% yearly), which dilutes value and leads to downward price pressure
Legal disputes among founders
Co-founders Wright Thurston and Eric Schiermeyer face lawsuits over the alleged theft of ~$130 million worth of tokens—this public conflict undermines trust
governance and internal mismanagement concerns:
“They are battling over a $130 million theft ... investors tend to avoid assets with such issues.”
Security breaches & token exploits
Gala has suffered multiple hacks (e.g., $200 million in May 2024, and a $130 million minting exploit in 2021), eroding confidence. Reddit users rightfully note:
“Following a $240 million exploit … CEO admitted internal control failures.”