Galxe Achieves Market Cap of $284.03 Million (GAL)

Galxe (GAL) traded 1.5% higher against the dollar during the 1 day period ending at 23:00 PM ET on July 13th. One Galxe token can now be bought for about $2.40 or 0.00004027 BTC on cryptocurrency exchanges. Galxe has a market capitalization of $284.03 million and approximately $19.56 million worth of Galxe was traded on exchanges in the last day. During the last week, Galxe has traded up 12.5% against the dollar.

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

• KILT Protocol (KILT) traded 0.4% lower against the dollar and now trades at $0.19 or 0.00000312 BTC.
• 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 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 2% higher against the dollar and now trades at $0.0132 or 0.00000022 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 200,000,000 tokens and its circulating supply is 118,544,998 tokens. Galxe’s official website is galxe.com. Galxe’s official message board is blog.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.”

Galxe Token Trading

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

GAL/USD price chart by TradingView