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GAL/USD: Convert Galxe (GAL) to United States Dollar (USD)

1 Galxe equals $2.24 United States Dollar

Last update: 6:44 AM, June 19, 2024

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Overview

About Galxe (GAL)

GAL is an Ethereum-based ERC-20 token that powers Galxe’s credential data network. Galxe is a collaborative credential infrastructure enabling brands and developers to engage communities and build robust products in Web3.

Galxe, also known as Galatasaray Fan Token (GAL), is a digital asset that represents proof of ownership or membership for the fans of Galatasaray Sports Club. It is a type of Fan Token, a new category of tokens that has emerged with the advent of sports blockchain ventures. Galxe aims to provide fans with voting rights to influence the clubs they support. It is a finite digital asset that provides access to an encrypted ledger of voting and membership rights ownership. The Galxe token operates on the Ethereum blockchain, adhering to the ERC standard for tokens.

Galxe operates on the Socios.com platform, a platform designed for football fans to acquire voting rights by obtaining club-specific Fan Tokens. To acquire Galxe tokens, fans must first purchase Chiliz ($CHZ), an ERC20 utility token on the Ethereum blockchain that serves as the digital currency for the chiliZ and Socios.com platform. Once they have $CHZ, fans can participate in what is known as a Fan Token Offering (FTO) to acquire Galxe tokens. These tokens are specific to the Galatasaray Sports Club and aim to provide fans with a sense of ownership and influence over the club they support.

The primary use case for Galxe is to provide fans of the Galatasaray Sports Club with voting rights and a sense of ownership. By acquiring Galxe tokens, fans gain access to an encrypted ledger of voting and membership rights ownership. This means that they can influence the decisions of the club they support, fostering a deeper connection between the club and its fans. Additionally, as Galxe operates on the Ethereum blockchain, it could potentially be used in any application that supports ERC standard tokens.

Galxe is tied to the history of the Galatasaray Sports Club, which was founded in 1905 by students of Galatasaray Lycee in the Beyoglu area of Istanbul. Known for their fiery yellow and red color palette and a tradition of intimidation on the pitch, the club has earned its nickname – the “Lions”. Galatasaray has won the Turkish Super League 22 times and is the only Turkish club to have claimed the UEFA Cup & Super Cup, which they did in 2000. The Galxe token was introduced as a way for fans to have a more active role in the club, providing them with voting rights and a sense of ownership.

How Galxe (GAL) and United States Dollar (USD) differ

Galxe (GAL) and the US Dollar (USD) are two distinct forms of currency, each with its unique characteristics and uses. Galxe, a digital asset tied to the Galatasaray Sports Club, operates on the Ethereum blockchain and adheres to the ERC standard for tokens. It aims to provide fans with voting rights and a sense of ownership over the club they support. To acquire Galxe tokens, fans must first purchase Chiliz ($CHZ), an ERC20 utility token on the Ethereum blockchain, and then participate in a Fan Token Offering (FTO). On the other hand, the US Dollar is a traditional fiat currency, issued and regulated by the US government, and used for a wide range of transactions, from buying groceries to international trade. Unlike Galxe, the US Dollar does not operate on a blockchain, nor does it provide any voting rights or sense of ownership over a specific entity. It's important to note that while Galxe's value can fluctuate based on market dynamics and the popularity of the Galatasaray Sports Club, the value of the US Dollar is influenced by economic indicators such as inflation and interest rates.

Galxe Markets

Galxe is falling this week.

The current price of Galxe is $2.24 per GAL. With a circulating supply of 115,513,331.026 GAL, it means that Galxe has a total market cap of $259,484,740.36. The amount of Galxe traded has fallen by $3,258,536.23 in the last 24 hours, which is a 20.53% decrease. Additionally, in the last day, $15,873,225.65 worth of GAL has been traded.

Market cap

€259.5M

Volume (24h)

€15.9M

Circulating supply

115.5M GAL

FAQ

How much is 1 Galxe in USD?

Right now, 1 Galxe is worth about $2.24.

How much GAL could I buy for 1 USD?

Based on the current rate, you could get 0.45 GAL for 1 USD.

How much has the price of Galxe changed?

Galxe price has been on the rise. Since yesterday, the exchange rate of Galxe has increased. Since last month, the exchange rate of Galxe has decreased. Since this time last year, the price of Galxe has increased.

How do I calculate or convert GAL to USD?

You can use our GAL to USD calculator at the top of this page to convert any amount of GAL to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 2.23 GAL. Inversely, 5 GAL will cost about 11.21 USD.

How can I buy 1 Galxe on Coinbase?

Galxe is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Galxe.

What are assets similar to Galxe that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Galxe, including NEM, API3, and Chia. For a more robust list of assets to explore, jump to the asset page dedicated to Galxe.

Conversion tables

The exchange rate of Galxe is decreasing.

The current value of 1 GAL is $2.24 USD. In other words, to buy 5 Galxe, it would cost you $11.21 USD. Inversely, $1.00 USD would allow you to trade for 0.45 GAL while $50.00 USD would convert to 22.30 GAL, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 23.7%. Meanwhile, in the last 24 hours, the rate has changed by 0.25%, which means that the the highest exchange rate of 1 GAL to United States Dollar was 2.286 USD and the lowest 24 hour value was 1 GAL for 2.111 USD. This time last month, the value of 1 GAL was $3.49 USD, which is a 35.82% increase from where it is now. Looking back a year, Galxe has changed by -$1.04 USD.

GAL to USD

Amount
Today at 6:44 am
0.5 GAL
$1.12
1 GAL
$2.24
5 GAL
$11.21
10 GAL
$22.43
50 GAL
$112.13
100 GAL
$224.25
500 GAL
$1,121.25
1,000 GAL
$2,242.50

USD to GAL

Amount
Today at 6:44 am
0.5 USD
0.22 GAL
1 USD
0.45 GAL
5 USD
2.23 GAL
10 USD
4.46 GAL
50 USD
22.30 GAL
100 USD
44.59 GAL
500 USD
222.97 GAL
1,000 USD
445.93 GAL

Today vs. 24 hours ago

Amount
Today at 6:44 am
24 hours ago
24H Change
0.5 GAL
$1.12
$1.12
+0.25%
1 GAL
$2.24
$2.24
+0.25%
5 GAL
$11.21
$11.19
+0.25%
10 GAL
$22.43
$22.37
+0.25%
50 GAL
$112.13
$111.85
+0.25%
100 GAL
$224.25
$223.70
+0.25%
500 GAL
$1,121.25
$1,118.50
+0.25%
1,000 GAL
$2,242.50
$2,237.00
+0.25%

Today vs. 1 month ago

Amount
Today at 6:44 am
1 months ago
1M Change
0.5 GAL
$1.12
$1.75
-35.82%
1 GAL
$2.24
$3.49
-35.82%
5 GAL
$11.21
$17.47
-35.82%
10 GAL
$22.43
$34.94
-35.82%
50 GAL
$112.13
$174.70
-35.82%
100 GAL
$224.25
$349.40
-35.82%
500 GAL
$1,121.25
$1,747.00
-35.82%
1,000 GAL
$2,242.50
$3,494.00
-35.82%

Today vs. 1 year ago

Amount
Today at 6:44 am
1 year ago
1Y Change
0.5 GAL
$1.12
$0.60
+86.88%
1 GAL
$2.24
$1.20
+86.88%
5 GAL
$11.21
$6.00
+86.88%
10 GAL
$22.43
$12.00
+86.88%
50 GAL
$112.13
$60.00
+86.88%
100 GAL
$224.25
$120.00
+86.88%
500 GAL
$1,121.25
$600.00
+86.88%
1,000 GAL
$2,242.50
$1,200.00
+86.88%

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