Merit Circle

Beam

Gala

<p>The GameFi sector had been lagging behind the meme coin and AI cryptocurrency rallies in recent months. However, after a relatively flat weekend, two major players in the gaming cryptocurrency space, <a href="https://captainaltcoin.com/gala-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">GALA </a>and BEAM, are showing signs of life with impressive price pumps on Monday.</p>
<h2 class="wp-block-heading" id="gala-price-analysis">GALA Price Analysis</h2>
<p>GALA, the native token of the Gala Games platform, is trading around $0.70 at press time, representing a 15% gain over the past 24 hours. While still slightly below its 2023 yearly high of around $0.80 set in mid-March, GALA has broken out of a descending channel it had been trading in following that peak.</p>
<p>On the technical analysis front, GALA’s Relative Strength Index (RSI) is currently at 70, indicating that the asset is in overbought territory and may be due for a short-term pullback or consolidation. However, the Moving Average Convergence Divergence (MACD) line is above the signal line, a bullish signal that could suggest the uptrend has more room to run.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="545" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1128-1024x545.png" alt="" class="wp-image-459514" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1128-1024x545.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1128-300x160.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1128-767x408.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1128-1536x817.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1128-2048x1090.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1128-282x150.png 282w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1128-100x53.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1128-658x350.png 658w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1128-788x419.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1128.png 1477w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
  Source: <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Tradingview" href="https://captainaltcoin.com/go/tradingview-3/" data-shortcode="true">TradingView</a>
 </figcaption>
</figure>
<p>Notably, GALA’s 200-day simple moving average has climbed to $0.602, reflecting the substantial gains the token has made over the past year. While GALA remains far from its all-time high of around $0.87 set during the 2021 bull run, the recent price action suggests that if momentum continues, new yearly highs could be on the horizon.</p>
<h3 class="wp-block-heading" id="what-is-gala">What is GALA?</h3>
<p>Gala Games is a blockchain gaming platform founded by veteran game developers seeking to upend the traditional gaming model. Recognizing the problematic practices of major publishers, which often nickel-and-dime players to continue enjoying their favorite games, Gala Games is building a vast ecosystem of AAA-quality games, many free-to-play, that aim to empower gamers with unprecedented freedom, control, and rewards.</p>
<p>Leveraging Web3 and blockchain technology, Gala Games is ushering in a new era of gaming where players, not publishers, take center stage.</p>
<h2 class="wp-block-heading" id="beam-price-analysis">BEAM Price Analysis</h2>
<p>BEAM, the native token of the Beam gaming ecosystem, is also seeing significant upward price action today, with a 9% gain that has it trading around $0.0035 at press time. This price point represents a slight pullback from BEAM’s 2023 yearly high of around $0.0043, set in mid-March.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="542" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1127-1024x542.png" alt="" class="wp-image-459506" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1127-1024x542.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1127-300x159.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1127-766x406.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1127-1536x814.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1127-2048x1085.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1127-283x150.png 283w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1127-100x53.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1127-661x350.png 661w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1127-788x417.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1127.png 1463w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
  Source: <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Tradingview" href="https://captainaltcoin.com/go/tradingview-3/" data-shortcode="true">TradingView</a>
 </figcaption>
</figure>
<p>Like GALA, BEAM has been trading within a sideways channel since mid-February, ranging from around $0.0026 to its yearly high of $0.0043. A breakout from this range could potentially see BEAM target the $0.006 level as its next major resistance.</p>
<p>BEAM’s RSI currently sits at 61, indicating that while the asset is trending higher, it is not yet in overbought territory. Additionally, BEAM’s MACD line is above the signal line, another bullish technical indicator. BEAM’s 200-day SMA of $0.0032 reflects the token’s steady uptrend over the longer term.</p>
<h3 class="wp-block-heading" id="what-is-beam">What is BEAM?</h3>
<p>The $BEAM token is the native cryptocurrency powering the Beam network, a gaming ecosystem governed by the Merit Circle DAO. Beam serves as a collaborative space where gamers and developers can come together to shape the future of the gaming industry.</p>
<p>At the heart of Beam lies the Beam SDK, a flexible software development kit offering a suite of tools for developers to seamlessly integrate blockchain elements into their games. The Beam SDK empowers creators to fuel and structure in-game economies, governance models, and other Web3 features, unlocking new realms of interactive and immersive gaming experiences.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2>
<p>If the momentum behind GALA and BEAM can be sustained, both tokens could potentially make runs at new yearly highs in the coming weeks. However, the cryptocurrency market remains highly volatile, and any shifts in broader market sentiment could quickly derail the GameFi sector’s newfound bullish price action.</p>
<p>As two of the more prominent players in the GameFi space, the recent price pumps for GALA and BEAM could signal a broader resurgence of interest in blockchain gaming after months of the sector taking a back seat to other cryptocurrency trends. Only time will tell if this is a brief reprieve or the start of a more sustained uptrend for GameFi tokens.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/is-the-solana-era-ending-elite-analyst-bets-on-coinbases-layer-2-ecosystem-heres-his-outlook/" target="_blank" rel="noopener noreferrer nofollow">Is the Solana Era Ending? Elite Analyst Bets on Coinbase’s Layer 2 Ecosystem – Here’s His Outlook</a></li>
 <li><a href="https://captainaltcoin.com/stacks-stx-price-eyes-4-following-30-pump-while-the-graph-grt-consolidates-heres-why/" target="_blank" rel="noopener noreferrer nofollow">Stacks (STX) Price Eyes $4 Following 30% Pump While The Graph (GRT) Consolidates – Here’s Why</a></li>
 <li><a href="https://captainaltcoin.com/the-2024-launchpad-token-outlook-bull-run-investment-strategy/" target="_blank" rel="noopener noreferrer nofollow">The 2024 Launchpad Token Outlook: Bull Run Investment Strategy</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/gamefi-sector-wakes-up-with-gala-and-beam-prices-pump/" rel="noopener noreferrer nofollow">GameFi Sector Wakes Up with GALA and BEAM Prices Pump</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

GameFi Sector Wakes Up with GALA and BEAM Prices Pump

Obsah

CaptainAltcoin

Ďalšie články zverejnené 25. 3. 2024

Cardano Leads in Developer Activity, Defying Market Downturn

Maker’s MKR Token Climbs Nearly 10% as Market Indicators Turn Bullish

Viral Raffle Coin (RAFF) Platform Presale Explodes Amid Big Ethereum (ETH) Corrections & Bitcoin ...

How to Identify Meme Coins with 100x Potential for Investment

Binance Ceases USDC TRC20 Deposits Following Circle's Decision

Bitget Lists OmniCat (OMNI) the Multi-chained MemeCoin on Layer Zero (25 Mar)

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!