Galxe priceGAL
Galxe price calculator
More cryptocurrencies calculator >Galxe price live data summary
What is the highest price of GAL?
What is the lowest price of GAL?
Galxe price prediction
Set your predictionWhen is a good time to buy GAL? Should I buy or sell now?
What will the price of GAL be in 2025?
What will the price of GAL be in 2030?
Trade smarter on Bitget
A welcome pack worth 1000 USDT for new Bitgeters!
Galxe price performance in USD
Galxe price history in USD
Galxe market information
Galxe ratings
About Galxe(GAL)
What Is Galxe?
Galxe is a web3 data network, launched by the Project Galaxy Team in January 2023. It aims to redefine community building through a community-driven approach built on Ethereum. Galxe emerged as a solution to the fragmented and closed nature of credential data, which was typically segregated and stored in permissioned databases, making it challenging for individuals to provide or prove their credentials swiftly. Galxe strives to create an open and collaborative Credential Data Network in web3, enabling developers to construct products, engage communities, and leverage open credential data. It boasts over 11 million unique users and partnerships with over 2,700 entities, including industry giants like Polygon, Optimism, and Arbitrum.
Galxe allows users to curate and contribute to its Credential Data Network, offering both on-chain and off-chain credentials. On-chain credentials encompass contributions to subgraph queries and static snapshots, while off-chain credentials integrate with external data sources like Twitter and Github. This innovative platform is distinct from traditional web2 community building platforms like Reddit and Discord, as it offers ownership of data and content, open-source code, rewards for participation, and decentralization, ensuring resistance to censorship and enabling easier participation.
Resources
Official Documents: https://docs.galxe.com/
Official Website: https://galxe.com/
How Does Galxe Work?
Galxe operates through a multifaceted approach, utilizing application modules, credentials, an API, and an oracle to simplify digital credentials and enhance web3.0 adoption. It provides developers with tools to build communities and incentivize user participation through features like watch-2-earn, engage-2-earn, and play-2-earn, integrated with the Chingari app. The platform’s architecture is based on contributors and users who contribute their data to the network, with contributors curating both on-chain and off-chain credentials. The Galxe Credential Data Network is open-source, incentivizing contributors with GAL tokens each time projects utilize their datasets.
One of Galxe's notable features is the Galaxy Passport, a universal digital ID allowing users to enter Web3.0 applications without revealing personal information to third parties. Another significant component is the Galxe Credential Oracle Engine and Credential API, which play a crucial role in supporting customized use cases and reducing monitoring and integration costs and technical barriers. Galxe’s application modules, such as OAT, enable developers to reward users for completing specific actions and issue GALXE NFTs to incentivize users and enhance engagement.
What Is GAL Token?
GAL is the utility token of Galxe, serving multiple purposes within the ecosystem. It acts as the governance token, allowing holders to participate in decision-making processes around platform fees and managing treasury funds within the Galxe DAO. It is also used to pay for products like the Galaxy Oracle Engine and Credential API within the platform. GAL can be staked to participate in governance services, and users receive rewards and pay fees with this digital asset. The tokenomics of GAL are structured with a total supply of 200 million, with different allotments scheduled to unlock over a period of time at a determined frequency.
Galxe's Impact on Finance
Galxe is making substantial strides in the financial sector by decentralizing access to credential data and enabling a more efficient and inclusive market with added ROI support. It empowers developers to create responsive and inclusive communities and users to secure profits by engaging in various features offered by the platform. By providing a decentralized and open alternative to the traditional centralized systems, Galxe is fostering community consensus and governance in distributed networks, allowing projects to integrate decentralized voting systems into their processes.
Galxe’s innovative approach to digital credentials and its extensive ecosystem, including partnerships with 841 networks and over 5 million active users, position it as a pivotal player in the blockchain and financial ecosystem. Its commitment to decentralization, interoperability, and community governance is contributing to the advancement of web3.0 technologies and blockchain adoption, making it a wise and impactful addition to the space.
What Determines Galxe's Price?
The price of Galxe, like other cryptocurrencies, is influenced by a myriad of factors, reflecting the dynamics of the cryptocurrency market. The cryptocurrency price in the future is primarily determined by supply and demand dynamics, market sentiment, and external market conditions. When the demand for Galxe increases, perhaps due to positive cryptocurrency news or favorable cryptocurrency trends, the price is likely to rise. Conversely, negative news or trends can lead to a decrease in demand and subsequently, a drop in price. Cryptocurrency analysis and cryptocurrency charts are essential tools for enthusiasts and experts alike, providing insights into potential price movements and aiding in crypto portfolio management.
In addition to market dynamics, the price of Galxe is also impacted by its inherent features and developments within its ecosystem. Developments such as partnerships, enhancements, and adoption in new sectors can positively influence the price. Cryptocurrency enthusiasts and the crypto community keenly follow such developments, as they can indicate the potential of the token as the best crypto investment for 2023 and beyond. Furthermore, the availability of Galxe on leading exchanges such as Bitget can affect its price, as it becomes more accessible to a broader audience, potentially leading to increased demand. Cryptocurrency experts and influencers play a significant role in shaping opinions and perceptions about Galxe, influencing buying decisions and impacting its price in the cryptocurrency market.
GAL to local currency
Crypto calculator- 1 GAL to USD$3.41
- 1 GAL to JPY3.4065018
- 1 GAL to VND3.4065018
- 1 GAL to RUB3.4065018
- 1 GAL to EUR (Español)3.4065018
- 1 GAL to TRY3.4065018
- 1 GAL to EUR (Italiano)3.4065018
- 1 GAL to EUR (Français)3.4065018
- 1 GAL to EUR (Deutsch)3.4065018
- 1 GAL to CNY3.4065018
- 1 GAL to TWD3.4065018
- 1 GAL to EUR (Português)3.4065018
- 1 GAL to IDR3.4065018
- 1 GAL to THB3.4065018
- 1 GAL to PLN3.4065018
- 1 GAL to UAH3.4065018
- 1 GAL to UZS3.4065018
- 1 GAL to SAR3.4065018
- 1 GAL to PHP3.4065018
How to buy Galxe (GAL)
Trade GAL perpetual futures
After having successfully signed up on Bitget and purchased USDT or GAL tokens, you can start trading derivatives, including GAL futures and margin trading to increase your income.
The current price of GAL is $3.41, with a 24h price change of -1.22%. Traders can profit by either going long or short onGAL futures.
Join GAL copy trading by following elite traders.
Galxe news
See moreBlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.
Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally
“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”
People are also inquiring about the price of Galxe.
Trade
Earn
GAL/USDT
SpotGAL/USDT
MarginGAL/USDT
USDT-M FuturesGAL/USD
Coin-M Futures
Galxe Social Data
In the last 24 hours, the social media sentiment score for Galxe was 3, and the social media sentiment towards Galxe price trend was Bullish. The overall Galxe social media score was 0, which ranks 1294 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Galxe being mentioned with a frequency ratio of 0%, ranking 1294 among all cryptocurrencies.
In the last 24 hours, there were a total of 11 unique users discussing Galxe, with a total of Galxe mentions of 0. However, compared to the previous 24-hour period, the number of unique users decrease by 0%, and the total number of mentions has decrease by 0%.
On Twitter, there were a total of 0 tweets mentioning Galxe in the last 24 hours. Among them, 0% are bullish on Galxe, 0% are bearish on Galxe, and 100% are neutral on Galxe.
On Reddit, there were 0 posts mentioning Galxe in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% . Additionally, there were 0 comments mentioning Galxe. Compared to the previous 24-hour period, the number of mentions decrease by 0%.
Visão geral das redes sociais
3