GALA Music (MUSIC)
1. Fundamental Analysis
1.1 Introduce
Gala MUSIC (MUSIC) is a decentralized platform built using blockchain technology. It’s the new music destination for artists who are looking for control, transparency and improved monetisation - and for listeners wanting a more rewarding experience that s directly connected to musicians, access, events, merchandise and more.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | MUSIC | Market Cap | 3910289.1 |
| Name | GALA Music | White Paper | -- |
| Web Site | https://music.gala.com/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2023-12-08 |
| Available Supply | 143655000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.02729 | 0.02729 | 0.02722 | 0.02727 | 279.7469234 |
| 2024-12-31 | 0.02742 | 0.02743 | 0.0271 | 0.02729 | 5955.0884064 |
| 2024-12-30 | 0.02721 | 0.02807 | 0.02718 | 0.02738 | 10354.4652251 |
| 2024-12-29 | 0.02701 | 0.02857 | 0.0267 | 0.02721 | 14785.4341082 |
| 2024-12-28 | 0.02646 | 0.02702 | 0.02642 | 0.02698 | 3930.4897723 |
| 2024-12-27 | 0.0271 | 0.02752 | 0.02638 | 0.02646 | 8830.8937135 |
| 2024-12-26 | 0.02837 | 0.02842 | 0.0271 | 0.02716 | 11003.9143242 |
| 2024-12-25 | 0.02804 | 0.02842 | 0.02798 | 0.02837 | 4051.332111 |
| 2024-12-24 | 0.02739 | 0.02807 | 0.0261 | 0.02807 | 18628.7788222 |
| 2024-12-23 | 0.02688 | 0.02757 | 0.02646 | 0.02739 | 10492.0260434 |
| 2024-12-22 | 0.02728 | 0.02762 | 0.02666 | 0.02692 | 7264.721283 |
| 2024-12-21 | 0.02788 | 0.02837 | 0.02703 | 0.02728 | 20105.8685469 |
| 2024-12-20 | 0.029 | 0.029 | 0.02674 | 0.0279 | 27637.7296046 |
| 2024-12-19 | 0.03227 | 0.03227 | 0.029 | 0.029 | 17305.3206392 |
| 2024-12-18 | 0.03396 | 0.03399 | 0.03223 | 0.03223 | 12363.1417698 |
| 2024-12-17 | 0.03553 | 0.03553 | 0.03393 | 0.03393 | 19543.8642929 |
| 2024-12-16 | 0.03586 | 0.0375 | 0.035 | 0.03553 | 33792.0929651 |
| 2024-12-15 | 0.03704 | 0.03856 | 0.03541 | 0.03541 | 7675.9122716 |
| 2024-12-14 | 0.03704 | 0.0373 | 0.03595 | 0.03725 | 8334.9344966 |
| 2024-12-13 | 0.03644 | 0.0389 | 0.03577 | 0.03665 | 21412.7791714 |
| 2024-12-12 | 0.03452 | 0.03894 | 0.03452 | 0.03644 | 25641.0527345 |
| 2024-12-11 | 0.03368 | 0.0349 | 0.03278 | 0.03451 | 38451.977233 |
| 2024-12-10 | 0.03367 | 0.03376 | 0.03263 | 0.03371 | 14856.8614243 |
| 2024-12-09 | 0.03701 | 0.03723 | 0.03343 | 0.03369 | 24170.2082349 |
| 2024-12-08 | 0.03873 | 0.03899 | 0.03685 | 0.03696 | 27110.8838464 |
| 2024-12-07 | 0.0394 | 0.0394 | 0.03775 | 0.03867 | 50995.7501364 |
| 2024-12-06 | 0.03772 | 0.04091 | 0.03772 | 0.03943 | 51307.2323931 |
| 2024-12-05 | 0.03783 | 0.04011 | 0.03749 | 0.03769 | 57449.9817773 |
| 2024-12-04 | 0.03036 | 0.03867 | 0.03009 | 0.03781 | 118128.3328432 |
| 2024-12-03 | 0.03096 | 0.03195 | 0.03017 | 0.03032 | 37519.460744 |
2.2 Analysis
The recent price action shows a significant upward trend that has reversed, indicating a potential short-term correction or consolidation phase. However, underlying bullish momentum remains evident, suggesting a resumption of the upward trend is likely in the medium to long term. Volatility is expected to continue in the short term, with potential for further price declines before another push higher. Continued monitoring for confirmation signals is advised.
