The price of a little-known cryptocurrency called Gala is continuing to soar.
It is currently valued at $0.76, when it was worth less than $0.10 just 10 days ago.
It spiked again on Wednesday, climbing to a new record high of $0.77, and now investors are hoping it could go further.
Here is everything you need to know about the coin.
What is Gala?
Gala’s full name is Gala Games, and the token is known as GALA. The token runs on Ethereum.
Gala Games says its mission is to make “blockchain games you’ll actually want to play”.
It was created in 2019 by Eric Schiermeyer, one of the co-founders of mobile games company Zynga, which developed the likes of Mafia Wars and Farmville.
Gala has 1.3 million active users. It aims to give those users more control over their games. As Coin Market Cap explains: “The project wants to change the fact that players can spend hundreds of dollars on in-game assets, and countless hours spent playing the game, which could be taken away from them with the click of a button.
“It plans to reintroduce creative thinking into games by giving players control…
