Post
Topic
Board Altcoin Discussion
Topic OP
Gala - can someone explain current supply/potential?
by
JamesDaniel90
on 13/07/2023, 08:12:59 UTC
Hi all,

I have been in Gala for quite a while and since the upgrade in May there has been a lot of confusing when it  comes to their supply and potential in the coming bull run.

Many people sold their position after the upgrade in May however I have just held but haven't bought any since.

The current price should be appealing but I am put off by a lot of talk going round saying the potential of Gala is not so great anymore due to the increased supply.

Can someone explain this as I a fairly new to understanding tokenomics and how it affects potential.

I initially started to invest in Gala in the hope it would reach at least $1 next bull run but many are saying now it will struggle to even reach 50 cents.

I am just not sure what to believe and if I should buy these lows to bring my average buy down or just hold and hope for the best.