Galxe Achieves Market Cap of $488.59 Million (GAL)

Galxe (GAL) traded 2.7% higher against the U.S. dollar during the twenty-four hour period ending at 17:00 PM ET on April 27th. One Galxe token can now be purchased for $4.64 or 0.00007346 BTC on cryptocurrency exchanges. Galxe has a market cap of $488.59 million and $39.61 million worth of Galxe was traded on exchanges in the last day. During the last seven days, Galxe has traded up 14.9% against the U.S. dollar.

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

• KILT Protocol (KILT) traded down 10.7% against the dollar and now trades at $0.29 or 0.00000451 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.3% higher against the dollar and now trades at $0.0096 or 0.00000015 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’s launch date was May 5th, 2022. Galxe’s total supply is 200,000,000 tokens and its circulating supply is 105,305,665 tokens. Galxe’s official Twitter account is @galxe and its Facebook page is accessible here. The official website for Galxe is galxe.com. The official message board for Galxe 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 U.S. dollars. Investors seeking to trade Galxe should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. 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