Nonfungible tokens (NFTs) and play-to-earn gaming are ii of the hottest trends in the crypto sector because each presents new avenues for alluring users and the unique character of each niche allows participants to generate wealth rather than having to spend money to become a part of the customs.

Gala Games, a blockchain-gaming-focused project that allows users to use their unique NFT characters in gameplay, saw its GALA token etch out significant gains after Binance appear plans to listing the GALA token.

Data from Cointelegraph Markets Pro and TradingView shows that after hit a low of $0.021 on Sept. 12, the price of GALA catapulted 270% to an intraday loftier at $0.077 on Sept. 13 equally its 24-hr trading book skyrocketed.

GALA/USDT 4-hr chart. Source: TradingView

The sudden burst in trading book and the price breakout shortly after GALA listed on Binance, a development that has historically led to rapid price movements.

Related: NFT space is an exciting claiming to remain competitive, says Sean Kelly

GALA's fundamentals are in its growing NFT ecosystem

The Binance list helped kickstart the recent momentum for GALA, but the projection has been steadily building its platform and gaining momentum for several months at present as the NFT sector was booming.

On Baronial 11, Gala Games successfully completed the commencement sale of VOX, the project'southward main NFT offering, which sold out in less than eight minutes, despite  issues with network congestion and loftier gas prices.

In addition to the VOX sale, Gala Games has released new updates for its popular Boondocks Star game and the project has teased details near new games like Spidertanks.

With these latest moves, GALA could be attempting to follow the path laid out by other successful play-to-earn games similar Axie Infinity, which has seen its highest priced Axies sell for 300 Ether (ETH) and Illuvium (ILV), which saw the price of its native ILV token surge from $33.thirty to a loftier of $613 in less than iii months with only a minimum feasible product.

The views and opinions expressed here are solely those of the author and do non necessarily reflect the views of Cointelegraph.com. Every investment and trading motility involves risk, yous should conduct your own inquiry when making a decision.