GAL Price Analysis December 2022

GAL is a token of the platform Galxe. Its current price is around $1.02 at the time of writing, with a low of $0.996, and it has a market cap of 55 million dollars.

What is Galxe (GAL)?

GAL is the coin of the Galxe platform, which is around $1.02 at the time of writing, with a low of $0.996.

It reached a high of $18.26, and its current ranking is #289, according to CoinMarketCap, with a market cap of 55 million dollars. Galxe is a data network that can help developers build better products and communities.

Galxe is the leading networking platform. It forms a global collaborative infrastructure that creates and shares certificates to help brands & developers engage communities and build effective Web3 products.

This past year, Galxe has achieved a lot of milestones. Namely, integration with 10+ chains, initiating our Token and receiving the Binance Launchpool project award this July. In addition, 760 Protocols has partnered with over 760 communities and ran 5,000 RBC campaigns.

These task-based campaigns are a popular way for them to help their partners grow healthy communities daily.

GAL Coin Market Analysis 

GAL has a total supply of 200,000,000 coins worth around $1.02 with a market volume of 7 million dollars, whereas the market capitalization is 55 million dollars at writing. 

GAL Price Prediction

Project Galaxy is forecasted to reach a value of $136.61 in 2030 and offer a 5000% return on investment in 8 years. GAL coin is currently priced at $1.5 and may go as high as $13.25 by 2030. 

On the 1D timeframe, the price action of $GAL/USDT has broken the support trendline of the ascending triangle.

After a successful retest, the price has come down. Currently, the price is bouncing from the horizontal support zone. If the price breaks down its support zone, it can go downwards.

For any time, on-demand analysis on $GAL or any other coin can join our Telegram channel.

Gal Price Analysis
GAL Price Analysis

Closing Thoughts

The Crypto market is known for its volatile nature. According to the above analysis, the coins we discussed might prove to be profitable if other market conditions prevail favorably. We suggest you engage in adequate research before investing in any digital assets.

Pratyaksh
Pratyaksh

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