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Galxe

GAL

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About Galxe

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 (GAL) is a Web3 credential data network that seeks to empower Web3 developers and projects by enabling them to benefit from credential data. Launched on April 28, 2022, Galxe seeks to provide a public and collaborative infrastructure that allows community members to create and contribute digital credentials to its data network. The GAL token, available as both an ERC-20 and BEP-20 token, is used for governance, paying for application module fees, and curating digital credentials. The total supply of GAL tokens stands at 200,000,000 with a circulating supply currently at 35,161,333.00 GAL.

Galxe operates by providing a platform for data curators to contribute credential data, which can be sourced from various on-chain and off-chain sources. The platform rewards curators when their credentials are used in Galxe's Application Modules, Credential Oracle Engine, and Credential API. Galxe also provides developers with tools such as Application Modules, Credential Oracle Engine, and Credential API to leverage credential data to build better products and communities. The GAL token is used within the ecosystem for governance and to pay for application module fees and Galxe Oracle Engine and Galxe Credential API services.

Galxe's infrastructure has a wide range of potential use cases. Developers can utilize Galxe's Application Modules for initiatives such as on-chain achievement tokens, NFT loyalty programs, growth hacking campaigns, gated communities, and customized governance. Additionally, the Credential Oracle Engine and Credential API can be used for more customized use cases such as credit scoring and sybil attack prevention algorithms. Galxe also seeks to build a Web3 DID system that not only provides a multi-chain identity but also allows others to learn more about a user through their past achievements and credentials.

Galxe was co-founded by Harry Zhang and Charles Wayn. Zhang, who serves as the project lead, has a rich history in the tech industry, having co-founded Lino Network and DLive.tv, and served as the head of data product at Club Factory. Wayn, the strategy lead of Project Galaxy, was the co-founder and CEO of DLive.tv and served as the VP of Interactive Entertainment at BitTorrent. Galxe was launched on April 28, 2022, and has since been working to establish a public, collaborative data network that is available to all Web3 developers.

Market

Spain Market Stats

Market cap

€402.3M

Volume (24h)

€11.6M

Circulating supply

115.5M GAL

Typical hold time

24 days

Popularity

#156

All time high

€17.20

Spain Market performance

Price change (1h)

+0.66%

Price change (1d)

+0.35%

Price change (1w)

-15.42%

Price change (2w)

-10.76%

Price change (1m)

-13.84%

Price change (1y)

+117.89%

Spain News about Galxe

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The Block • May 05, 24

Crypto has been ‘validated significantly’ with spot bitcoin ETF approval, says Pantera Capital exec

Pantera Capital's Franklin Bi told The Block that crypto has been 'validated significantly' with this year's spot bitcoin ETF approval in the U.S., solidifying institutional investors' conviction in the industry.

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BeInCrypto • May 04, 24

Veteran Analyst Peter Brandt Shares 8 Tips for Aspiring Crypto Traders

Peter Brandt shares crucial advice for aspiring crypto traders focusing on skill development, financial preparation, and realistic expectations about success rates.The post Veteran Analyst Peter Brandt Shares 8 Tips for Aspiring Crypto Traders appeared first on BeInCrypto.

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The Block • May 04, 24

The Funding: Ethereum restaking, DePINs, Bitcoin ecosystem and RWA tokenization lead crypto VC trends

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Social

Some highlights about Galxe on social media

386 unique individuals are talking about Galxe and it is ranked #503 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Galxe has an average sentiment score of 3.5 out of 5. Finally, Galxe is becoming more newsworthy, with 0 news articles published about Galxe. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about Galxe. There were 52.63% of tweets with bullish sentiment compared to 20% of tweets with a bearish sentiment about Galxe. 27.37% of tweets were neutral about Galxe. These sentiments are based on 95 tweets.

On Reddit, Galxe was mentioned in 1 Reddit posts and there were 3 comments about Galxe. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

386 people

Posts

69 posts

Dominance

0.04%

Volume rank

#503

Average Sentiment

3.5 out of 5

Twitter

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Galxe is on the decline this week.

The price of Galxe has increased by 0.66% in the last hour and increased by 0.35% in the past 24 hours. Galxe’s price has also fallen by 15.42% in the past week. The current price is €3.48 per GAL with a 24-hour trading volume of €11.55M. Currently, Galxe is valued at 79.79% below its all time high of €17.20. This all-time high was the highest price paid for Galxe since its launch.

The current circulating supply of Galxe is 115,513,331.026 GAL which means that Galxe has as total market cap of 115,513,331.026.

FAQ

What is the current price of Galxe?

We update our Galxe to EUR currency in real-time. Get the live price of Galxe on Coinbase.

What is the market cap of Galxe?

The current market cap of Galxe is €402.25M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Galxe?

The all-time high of Galxe is €17.20. This all-time high is highest price paid for Galxe since it was launched.

What is the 24 hour trading volume of Galxe?

Over the last 24 hours, the trading volume of Galxe is €11.55M.

What other assets are similar to Galxe?

Assets that have a similar market cap to Galxe include NEM, API3, Chia, and many others. To see a full list, see our comparable market cap assets.

How many Galxe are there?

The current circulating supply of Galxe is 116 million.

What is the typical holding time of Galxe?

The median time that Coinbase customers hold Galxe before selling it or sending it to another account or address is 24 days.

What is the relative popularity of Galxe?

Galxe ranks 32 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Galxe?

Currently, 89% of Coinbase users are buying Galxe. In other words, 89% of Coinbase customers have increased their net position in Galxe over the past 24 hours through trading.

Can I buy Galxe on Coinbase?

Yes, Galxe is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Galxe guide.