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What is GAL coin? GAL coin issuance price, total amount and white paper introduction

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2024-08-09 16:34:01521browse

GAL coin is the native cryptocurrency of Project GALA, dedicated to blockchain gaming and the Metaverse. The issue price is $0.004 and the total supply is 50 billion GAL. Its white paper outlines the vision (creating a blockchain gaming and metaverse ecosystem), mission (empowering players and developers), technical details (based on Ethereum ERC-20 tokens) and practicality (in-game purchases, staking rewards , governance participation, gamification mechanisms, developer platforms). GAL coin holders can influence the development direction of Project GALA through governance voting.

What is GAL coin? GAL coin issuance price, total amount and white paper introduction

What is GAL Coin?

GAL coin is the native cryptocurrency developed by Project GALA, which focuses on the development of blockchain games and the Metaverse.

Issue Price and Total Supply of GAL Coin

GAL Coin will be issued through an Initial Coin Offering (IDO) in 2022 with an issue price of $0.004. Its total supply is 50 billion GAL.

GAL Coin White Paper

GAL Coin White Paper outlines the vision, mission and technical details of Project GALA. Here are some key takeaways:

Vision: Create a seamlessly connected blockchain gaming and metaverse ecosystem.

Mission: Provide players and developers with the tools and resources to create and experience immersive and engaging games.

Technical Details:

  • Based on Ethereum: GAL coin is an ERC-20 token that runs on the Ethereum blockchain.
  • Utility: GAL coins are used to pay for in-game purchases, stake for rewards, and participate in the governance of Project GALA.
  • Gamification Mechanism: The white paper outlines the various uses of GAL coins in Project GALA games, encouraging players to participate and contribute to the ecosystem.
  • Developer Platform: Project GALA provides developers with tools and resources to easily create and integrate blockchain games and Metaverse experiences.
  • Governance: GAL coin holders can influence the development of Project GALA by participating in governance voting.

Galxe (GAL) Price Surge

As of 8 Aug 2024 18:00, the price of Galxe (GAL) is $2.61, up 17.69% in the last 24 hours.

Factors for price changes

Galxe price increase is driven by the following factors:

  • Increased user adoption
  • Partnership expansion
  • Ecosystem development

Future price trends

While past Performance is no guarantee of future results, but Galxe's strong momentum suggests its price may continue to rise. If user adoption and ecosystem growth continue, investors may see further gains.

Recommended Action

For investors looking to position themselves for potential gains, it is recommended to consider buying Galxe around current prices. However, it is important to invest carefully based on your financial situation and risk tolerance.

Short-Term Forecast

Building on the current trend, the short-term trend of GAL is expected to continue to be bullish, and the price is expected to rise further.

Key indicators

  • Price: 2.61 USD
  • 24-hour trading volume: 315,706 USD
  • Circulation market capitalization: 328 million USD
  • Circulation volume: 125,720,997.6647 GAL
  • Maximum supply: 200 million GAL
  • Total supply Amount: 125,720,997.6647 GAL

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