Galxe (Previously Project Galaxy) Price Prediction 2023, 2025, 2030: Is GAL Coin a Good Investment?
Previously known as Project Galaxy, Galxe (GAL) is a Ethereum-based Web3 credential data network. This guide will offer you the latest GAL coin price prediction for 2023, 2025 and 2030, and its potential prospects as a long-term investment. You may always see searches for Project Galaxy price prediction, which actually is the same thing.
At the end of this review, a clear picture will emerge as to how high the GAL coin price will go.
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Before diving into the Galxe (GAL) price prediction and discussing numbers that might get you bored for no reason at all, let us talk about the history of Project Galaxy and a basic overview of current Galxe in the market.
Galxe (GAL) Overview
| Cryptocurrency | Galxe |
| Ticker Symbol | GAL |
| Rank | 267 |
| Price | $1.99 |
| Price Change 24H | +5.72% |
| Market Cap | $107,881,922 |
| Circulating Supply | 54,267,333 GAL |
| Trading Volume | $17,874,406 |
| All Time High | $18.26 |
| All Time Low | $0.996 |
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What is Galxe (GAL)?
On September 6, 2022, Project Galaxy (GAL) has rebranded to Galxe (GAL), which highlights its mission & goal to fuel exploration for all in Web3.
“We are no longer a “project” but rather a fully-fledged ecosystem within Web3. We at Galxe are passionate about constantly innovating and pushing the boundaries of what’s technologically possible.” according to CMO at Galxe.
Galxe is a blockchain development platform that helps Web3 projects and developers build better products and communities using curated credential data. Put basically, credential data are just records that make up our digital identity. Data curators collect this data and are rewarded for its utilization.
Galxe identified that credential data is segregated across closed and permissioned databases owned by different parties like governmental, financial and credit institutions. This results in the data being unattainable to the individuals and companies that could make the best use of it. An example of credential data on the blockchain is a borrowing record from a money market or your on-chain voting history. However, off-chain credential data is often stored out of the reach of users and developers on private servers. Galxe aims to build an open and collaborative credential data network accessible to all Web3 developers.
Another important aspect of the platform is the Galaxy ID, which is “aiming to become your Web3 LinkedIn.” The Galaxy ID includes a user’s individual user name, representing them across multiple chains and wallets, and displays their credentials collected in Web3. Developers can integrate the Galaxy ID toolkit and offer customized features based on the credentials provided, thereby tapping into a plethora of possibilities for different Web3 applications. Users can already integrate their Galaxy ID with Twitter, Discord and Github.
Finally, the Galaxy on-chain achievement token (Galaxy OAT) is a solution for event organizers and community managers to utilize the project’s NFT infrastructure and on-chain credential data network to build and distribute NFT badge campaigns easily and reward their community members. Galxe bills the OAT as “a digital record of all your life’s achievements.” The OAT aims for integration between one’s offline and online identities and could allow, for example, to combine offline events like concerts with online events through the issuance of NFTs.
GAL is the native token that powers Galxe. GAL holders have the ability to control the amount of the platform fee collected by the protocol and control funds held by the Galxe community treasury.
Developers using the data curated by Galxe have to pay a platform fee in GAL, which is mostly distributed among data curators. Curators utilize GAL to signal a data set’s value.
GAL Coin Price
GAL went to the open market at $1.50 on 5 May, 2022. On launch day, the token was trading hands at the all-time high (ATH) of $18.26. After hitting the ATH, however, the price fell, first slowly and then quickly with continuous volatility.
While 2022 was a year which saw disaster strike the whole crypto sector, 2023 so far has looked a bit better for both GAL and the wider crypto market.
At the time of writing, GAL is trading at $1.99 with a market capitalization of $107,881,922, ranking #267 amongst all cryptocurrencies by that metric. In the past 24 hours, the price of Galxe has soared 5.72% with a trading volume of $17,874,406.
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Project Galaxy Price Prediction 2023, 2025, 2030
As a new crypto project launched in 2022, current GAL token price predictions are limited. The cryptocurrency’s price forecasts are highly speculative and should not be used to guide your investment decisions on their own. Always conduct your own research before investing in any coin.
Detailed below is a brief overview of our Galxe price prediction for the coming years, ensuring you have a rough idea of the coin’s value potential:
| YEAR | MINIMUM PRICE | MAXIMUM PRICE |
| 2023 | $2.56 | $3.85 |
| 2025 | $2.89 | $4.34 |
| 2030 | $5.92 | $8.28 |
GAL Price Prediction 2023
As per our GAL price prediction 2023, GAL coin is expected to reach a maximum price of $3.85 by the end of 2023 with the increasing collaborations and advancements. In the most bearish scenario, the price of GAL may land at a minimum of $2.56, with an average price of around $3.20.
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GAL Price Prediction 2025
GAL coin looks well-positioned to reach its full potential in the coming years. If Galxe successfully boosts market sentiment among crypto enthusiasts, GAL crypto price could continue to rise for the next five years.
In 2025, GAL coin price is estimated to reach $2.89, at minimum, and the maximum price could be $4.34, according to our GAL price prediction 2025. The forecasted average price could be $3.61.
GAL Price Prediction 2030
The Galxe ecosystem is actively growing with new users and brand partnerships and will remain viable in the long term. Our Galxe price prediction 2030 forecasts GAL to trade between $5.92 and $8.28 by the end of 2030. The average price of GAL coin might go to $7.30.
In closing, please know the figures are generated using our price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. Forecasts are not immune to changing circumstances and will be updated with new developments. Be on the lookout for the market condition changes before investing in any coin.
FAQs
How high can GAL coin go?
As per our Galxe price prediction, GAL coin can possibly reach a maximum price of $3.85 this year. Over the next 5 years, it is predicted that GAL coin could be trading at $5.51.
Is GAL coin a good investment?
BTCC does not dispense financial advice. Any figures presented in this blog is for educational purposes only. Please do your own research and evaluate all necessary factors before opening a trade.
Where can I buy Galxe (GAL)?
Notable options for purchasing GAL coin include Binance, BTCC and Coinbase. Among these, BTCC is one of the best exchanges as it witnesses a large trading volume of GAL. Compared to Binance, BTCC has no regulatory concerns and is available in U.S., Canada and many other countries in Europe. Furthermore, BTCC exchange is highly recommended due to its favourable attributes such as extremely low fees, user-friendly interface, excellent customer support, and robust security measures with no reported hacks or security breaches to date.
In order to trade GAL/USDT on BTCC, you need to first register an account. And you need to have some USDT in your crypto wallet, or you can directly buy it on BTCC. Once you have USDT, you can trade GALUSDT Perpetual Contracts on BTCC with a leverage up to 50x. The transaction is safe, cheap, and fast with VERY easy steps. You can also choose to deposit GAL with a minimum single deposit of 166GAL.
What are BTCC’s specs?
Sometimes, users feel more comfortable working with an exchange if they know that the exchange has a footprint in the industry. With 12 years of stable and secure operating history, BTCC is one of the top cryptocurrency derivatives exchanges in CoinMarketCap, which boasts a wide selection of 60+ cryptocurrencies and millions of registered users, offering services in 100+ countries.
BTCC charges 0.06% for both takers and makers, which are way below the industry average. According to the largest and most recent empirical study on crypto exchange trading fees, the average spot trading taker fee is 0.2294% and the maker fee is 0.1854%.
With high liquidity, low trading fees and fast transaction speed, BTCC allows users to open a trade immediately even when the crypto markets experience a sharp rise or plunge.
Apart from crypto trading, BTCC also supports tokenized futures service, allowing users to trade stocks and commodities futures (Gold/Silver) with USDT as the margin. The maximum leverage is up to 150x.
Trading on BTCC begins with registration and log in, which only takes 30 seconds. New customers can now sign up here to get a welcome bonus of 10 USDT, and complete the KYC verification to access all BTCC’s features and BTCC bonus. Once verified, you can start trading GAL now.
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