Galxe Hits Market Cap of $418.19 Million (GAL)

Galxe (GAL) traded 3.2% higher against the dollar during the 1 day period ending at 0:00 AM ET on April 16th. Galxe has a total market capitalization of $418.19 million and $24.58 million worth of Galxe was traded on exchanges in the last 24 hours. One Galxe token can now be purchased for approximately $3.97 or 0.00006222 BTC on popular exchanges. Over the last week, Galxe has traded down 9.9% against the dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded down 5.8% against the dollar and now trades at $0.33 or 0.00000519 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 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 1.5% against the dollar and now trades at $0.0088 or 0.00000014 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 200,000,000 tokens and its circulating supply is 105,305,665 tokens. The official website for Galxe is galxe.com. The official message board for Galxe 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.”

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Galxe using one of the exchanges listed above.

GAL/USD price chart by TradingView