Galxe Market Capitalization Tops $250.24 Million (GAL)

Galxe (GAL) traded 4.9% lower against the dollar during the 1-day period ending at 10:00 AM Eastern on June 29th. One Galxe token can now be bought for approximately $2.17 or 0.00003551 BTC on exchanges. During the last week, Galxe has traded 1.7% lower against the dollar. Galxe has a market cap of $250.24 million and $8.42 million worth of Galxe was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 1.2% against the dollar and now trades at $0.20 or 0.00000336 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 2.3% against the dollar and now trades at $0.0114 or 0.00000019 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Galxe Token Profile

Galxe’s launch date was May 5th, 2022. Galxe’s total supply is 200,000,000 tokens and its circulating supply is 115,513,331 tokens. Galxe’s official message board is blog.galxe.com. The official website for Galxe is galxe.com. Galxe’s official Twitter account is @galxe and its Facebook page is accessible here.

According to CryptoCompare, “Galxe is a decentralized credential data network aiming to create an open and collaborative ecosystem. The Galxe ecosystem uses the GAL token as a governance token, payment token, and incentive mechanism. The GAL token is used for voting and governance in the Galxe DAO, to pay for application module fees, to pay for Galxe Oracle Engine and Galxe Credential API, and to curate digital credentials. The bonding curve system is used to signal a credential data set’s value, and curators can purchase stakes of a credential data set using GAL tokens, which will result in a revenue stream that will be split between credential stake holders pro-rata.”

Buying and Selling Galxe

It is usually not currently possible to buy alternative cryptocurrencies such as Galxe directly using U.S. dollars. Investors seeking to trade Galxe should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Galxe using one of the aforementioned exchanges.

GAL/USD price chart by TradingView