Galxe (GAL) Reaches Market Capitalization of $343.25 Million

Galxe (GAL) traded up 13.6% against the U.S. dollar during the 24-hour period ending at 21:00 PM Eastern on July 17th. Galxe has a market cap of $343.25 million and approximately $40.34 million worth of Galxe was traded on exchanges in the last 24 hours. One Galxe token can currently be purchased for approximately $2.90 or 0.00004483 BTC on major cryptocurrency exchanges. Over the last seven days, Galxe has traded 28.3% higher against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 1.7% higher against the dollar and now trades at $0.20 or 0.00000312 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 down 2.2% 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 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 down 0.1% against the dollar and now trades at $0.0128 or 0.00000020 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 launched on May 5th, 2022. Galxe’s total supply is 200,000,000 tokens and its circulating supply is 118,544,998 tokens. Galxe’s official Twitter account is @galxe and its Facebook page is accessible here. Galxe’s official website is galxe.com. 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.”

Galxe Token Trading

It is usually not 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 Gemini, Changelly or Coinbase. 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