Breaking Down GALA - Full Analysis
Let's talk about GALA for a moment. I've pulled together some key metrics that paint an interesting picture.
📈 Current Price Action
Currently trading at $0.01, we're seeing upward momentum in the short term. We're seeing bearish pressure over the past week. The monthly chart shows significant correction from recent highs.
GALA price movement over the last 7 days
💰 Market Metrics
With a market cap of $287.50M, it's ranked #214 in the crypto market. The 24h volume of $41.61M represents 14.47% of the market cap, which indicates strong trading activity.
| Metric | Value |
|---|---|
| Current Price | $0.01 |
| 24h Change | +0.75% |
| 7d Change | -16.37% |
| 30d Change | -27.07% |
| Market Cap | $287.50M |
| 24h Volume | $41.61M |
| Market Rank | #214 |
🪙 Supply Dynamics
There are $46.88B coins in circulation out of a maximum supply of $50.00B (93.76% circulating). We're close to max supply, which means minimal inflation pressure.
📊 Historical Context
The all-time high was $0.82, and we're currently 99.26% below that level. The all-time low sits at $0.00, which means we're 4456.79% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.
🤔 My Take
From a fundamental perspective, GALA is in a consolidation phase. The fundamental metrics show room for growth if fundamentals improve.
Remember, higher volatility means higher risk. Position sizing is crucial.
🎯 Final Thoughts
This is what I'm seeing with GALA right now. Obviously, crypto moves fast and things can change quickly. Drop your analysis in the comments!
This is not financial advice. Always do your own research before making investment decisions.
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