Galxe Reaches Market Capitalization of $397.06 Million (GAL)

Galxe (GAL) traded down 6.4% against the dollar during the 1-day period ending at 15:00 PM E.T. on May 8th. Galxe has a total market cap of $397.06 million and $16.72 million worth of Galxe was traded on exchanges in the last day. One Galxe token can now be purchased for about $3.44 or 0.00005524 BTC on cryptocurrency exchanges. Over the last seven days, Galxe has traded 3.9% lower against the dollar.

Here’s how related cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 1.5% against the dollar and now trades at $0.30 or 0.00000475 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 2.2% lower 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.
• 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 2.7% against the dollar and now trades at $0.0103 or 0.00000017 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Galxe Profile

Galxe was first traded on May 5th, 2022. Galxe’s total supply is 200,000,000 tokens and its circulating supply is 115,513,331 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 GDAX, Coinbase or Gemini. 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