Galxe Achieves Market Capitalization of $359.57 Million (GAL)

Galxe (GAL) traded up 0.9% against the US dollar during the one day period ending at 18:00 PM ET on July 29th. During the last seven days, Galxe has traded down 19.7% against the US dollar. One Galxe token can now be bought for about $3.03 or 0.00004507 BTC on popular exchanges. Galxe has a total market capitalization of $359.57 million and $396,582.13 worth of Galxe was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • KILT Protocol (KILT) traded down 2.2% against the dollar and now trades at $0.18 or 0.00000269 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 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 0.2% against the dollar and now trades at $0.0134 or 0.00000020 BTC.
  • AXIA Coin (AXC) traded down 0.1% 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.”

Buying and Selling Galxe

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, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Galxe using one of the exchanges listed above.

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