Galxe Reaches Market Cap of $12.28 Million (GAL)

Galxe (GAL) traded 3.5% lower against the dollar during the 24-hour period ending at 8:00 AM Eastern on January 29th. In the last week, Galxe has traded down 11.8% against the dollar. One Galxe token can now be purchased for approximately $1.54 or 0.00001511 BTC on popular exchanges. Galxe has a total market capitalization of $12.28 million and approximately $94,076.54 worth of Galxe was traded on exchanges in the last day.

Here is how other 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 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.
• SolvBTC (SOLVBTC) traded 0.3% lower against the dollar and now trades at $102,133.46 or 0.99864511 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.5% against the dollar and now trades at $101,772.97 or 0.99512025 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Galxe Profile

Galxe’s launch date was May 5th, 2022. Galxe’s total supply is 80,200,208 tokens and its circulating supply is 7,949,539 tokens. Galxe’s official Twitter account is @galxe and its Facebook page is accessible here. The official website for Galxe is galxe.com. The official message board for Galxe 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 currently possible to purchase alternative cryptocurrencies such as Galxe directly using US dollars. Investors seeking to acquire Galxe should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Galxe using one of the aforementioned exchanges.

GAL/USD price chart by TradingView