Galxe (GAL) Trading Down 7.5% Over Last 7 Days

Galxe (GAL) traded 3.3% lower against the US dollar during the twenty-four hour period ending at 8:00 AM Eastern on November 1st. Galxe has a total market cap of $16.49 million and approximately $35,694.91 worth of Galxe was traded on exchanges in the last day. One Galxe token can now be bought for approximately $1.75 or 0.00002495 BTC on exchanges. In the last week, Galxe has traded 7.5% lower against the US dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 3% against the dollar and now trades at $69,973.87 or 0.99802915 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.4% lower against the dollar and now trades at $69,650.02 or 0.99341011 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Galxe Profile

Galxe launched on May 5th, 2022. Galxe’s total supply is 81,679,590 tokens and its circulating supply is 9,428,921 tokens. Galxe’s official website is galxe.com. Galxe’s official Twitter account is @galxe and its Facebook page is accessible here. Galxe’s official message board is blog.galxe.com.

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 possible to buy alternative cryptocurrencies such as Galxe directly using US dollars. Investors seeking to trade Galxe should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. 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