Galxe (GAL) Reaches 1-Day Trading Volume of $18.83 Million

Galxe (GAL) traded 0.1% lower against the US dollar during the 1 day period ending at 0:00 AM Eastern on May 6th. Galxe has a market capitalization of $428.01 million and approximately $18.83 million worth of Galxe was traded on exchanges in the last day. One Galxe token can now be purchased for $3.71 or 0.00005842 BTC on popular cryptocurrency exchanges. In the last seven days, Galxe has traded up 6.8% against the US dollar.

Here is how other cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 1.1% lower against the dollar and now trades at $0.30 or 0.00000472 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 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.6% against the dollar and now trades at $0.0098 or 0.00000015 BTC.
• AXIA Coin (AXC) traded 0.1% lower 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 115,513,331 tokens. Galxe’s official message board is blog.galxe.com. Galxe’s official website is 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 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 Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Galxe using one of the aforementioned exchanges.

GAL/USD price chart by TradingView