+98% in 24h! Buy now?

+98% in 24h! Buy now?

After the bitter crash of yesterday, there is a strong bounce on the crypto markets today: numerous coins are going through the roof, increases in the high double-digit percentage range. Currently, the cryptocurrencies with the best performance: Stepn Coin (GMT) and Gala Coin (GALA). How have the courses developed – and could it be worth starting now?

Stepn Coin Pumps More than 98%

No other coin can match these gains today: Stepn Coin (GMT) has moved from yesterday’s low of $0.84 to up to $1.67 within the last 24 hours – an increase of more than 98%! At the peak of the rally, there were slight profit-taking, as a result, the Move-2-Earn app is currently trading at $ 1.55.



Top trader “tehMoonwalkeR” (@tehMoonwalkeR) commented:

“These course jumps show that quality will lead the next bull run!“

Bullish for Stepn Coin: The developers are planning a significant change for the next few months. Because: So far you have to buy expensive NFT sneakers to be able to use Stepn – this prevents many users from testing the app. The team wants to change that.

For example, a function for the rental of sneakers is to be introduced in the coming months in order to reduce participation costs. Then it should be possible for new players to borrow sneakers from someone who is already in the game.

In this case, the income would be shared with the sneaker owner. Analysts expect, that this will bring numerous new users to the Stepn ecosystem – with potentially positive consequences for the GMT course.

Does this already show up in current GMT forecasts?

Stepn Coin Forecast 2022 to 2027

Stepn Coin is currently trading at $1.55. How high can Stepn Coin go up?

  • Gov.capital is bullish on the fitness app, expects a strong performance in the coming months. Accordingly, GMT reaches a price of $ 22.27 within 12 months (+1.336%). The 5-year forecast even considers $ 92.22 possible (+5.849%).
  • Walletinvestor.com designates Stepn Coin (GMT) as a “excellent” investment, issues a price target of $23.24 by May 2023 (+1.399%). The long-term forecast even expects a price of 104 dollars by 2027 – this corresponds, in relation to the current price, to a Return of 6.667%!

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Gala Coin (GALA) with price-plus of almost 90%

In addition to Stepn Coin, the gaming platform Gala Coin (GALA) has also exploded today. This has managed to move from $0.054 to $0.1028 within the last 24 hours.

GALA daily chart. Picture: Coinmarketcap.com

The course-plus of almost 90% brought Gala Coin to a new local high though. However, traders warn against, that in the short term the air could be out of the coin.

CryptoJobs3, for example, writes to its more than 22,000 Twitter followers about Gala Coin: GALA has reached its peak.

“The climax is here.“

In addition, he shows a chart that suggests: In the short term, GALA is now going down again. But what applies in the long term? Could the entry be worthwhile if GALA corrects?

Gala Coin Forecast 2022 to 2027

At the moment, GALA is trading at $0.1028. What development is possible in the medium and long term?

  • Walletinvestor.com according to Gala Coin, a “sensational” investment. The 1-year forecast expects a price of $ 0.37 (+259%), the 5-year forecast considers $1.33 to be possible by 2027 (+1.193%).
  • Gov.capital’s forecast is even more bullish: according to this, GALA will initially reach $0.86 within the next 12 months (+736%). Then the coin ignites the price turbo and explodes to $ 8.37 by 2027. Or, to put it another way: Gala Coin evaluates Gov.capital according to in the next five years by 8.042%!

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Last updated on May 13, 2022

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