Galxe Market Cap Hits $256.68 Million (GAL)

Galxe (GAL) traded up 6% against the dollar during the one day period ending at 20:00 PM Eastern on June 30th. Galxe has a market capitalization of $256.68 million and $12.72 million worth of Galxe was traded on exchanges in the last day. During the last seven days, Galxe has traded up 1.8% against the dollar. One Galxe token can now be bought for about $2.22 or 0.00003544 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded up 1.2% against the dollar and now trades at $0.21 or 0.00000329 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 0.2% lower against the dollar and now trades at $0.0115 or 0.00000018 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 115,513,331 tokens. Galxe’s official Twitter account is @galxe and its Facebook page is accessible here. Galxe’s official message board is blog.galxe.com. The official website for Galxe is 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 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