Convert and Swap Galxe GAL to United States Dollar USD
GAL/USD: 1 Galxe equals $1.93 USD
Last update: 5:48 PM, December 22, 2024
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Galxe is falling this week.
The current price of Galxe is $1.93 per GAL. With a circulating supply of 7,949,539.12 GAL, it means that Galxe has a total market cap of $15,274,554.25. The amount of Galxe traded has risen by $330,806.65 in the last 24 hours, which is a 90.22% increase. Additionally, in the last day, $366,686.79 worth of GAL has been traded.
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About Galxe
The GAL token has been migrated to G to support Galxe’s shift towards a more scalable and efficient ecosystem, including the introduction of its Layer 1 chain, Gravity. GAL is an Ethereum-based ERC-20 token that powers Galxe’s credential data network. Galxe is a collaborative credential infrastructure enabling brands and developers to engage communities and build robust products in Web3.
Galxe, also known as Galatasaray Fan Token (GAL), is a digital asset that represents proof of ownership or membership for the fans of Galatasaray Sports Club. It is a type of Fan Token, a new category of tokens that has emerged with the advent of sports blockchain ventures. Galxe aims to provide fans with voting rights to influence the clubs they support. It is a finite digital asset that provides access to an encrypted ledger of voting and membership rights ownership. The Galxe token operates on the Ethereum blockchain, adhering to the ERC standard for tokens.
Galxe operates on the Socios.com platform, a platform designed for football fans to acquire voting rights by obtaining club-specific Fan Tokens. To acquire Galxe tokens, fans must first purchase Chiliz ($CHZ), an ERC20 utility token on the Ethereum blockchain that serves as the digital currency for the chiliZ and Socios.com platform. Once they have $CHZ, fans can participate in what is known as a Fan Token Offering (FTO) to acquire Galxe tokens. These tokens are specific to the Galatasaray Sports Club and aim to provide fans with a sense of ownership and influence over the club they support.
The primary use case for Galxe is to provide fans of the Galatasaray Sports Club with voting rights and a sense of ownership. By acquiring Galxe tokens, fans gain access to an encrypted ledger of voting and membership rights ownership. This means that they can influence the decisions of the club they support, fostering a deeper connection between the club and its fans. Additionally, as Galxe operates on the Ethereum blockchain, it could potentially be used in any application that supports ERC standard tokens.
Galxe is tied to the history of the Galatasaray Sports Club, which was founded in 1905 by students of Galatasaray Lycee in the Beyoglu area of Istanbul. Known for their fiery yellow and red color palette and a tradition of intimidation on the pitch, the club has earned its nickname – the “Lions”. Galatasaray has won the Turkish Super League 22 times and is the only Turkish club to have claimed the UEFA Cup & Super Cup, which they did in 2000. The Galxe token was introduced as a way for fans to have a more active role in the club, providing them with voting rights and a sense of ownership.
How Galxe and United States Dollar differ
Galxe (GAL) and the US Dollar (USD) are two distinct forms of currency, each with its unique characteristics and uses. Galxe, a digital asset tied to the Galatasaray Sports Club, operates on the Ethereum blockchain and adheres to the ERC standard for tokens. It aims to provide fans with voting rights and a sense of ownership over the club they support. To acquire Galxe tokens, fans must first purchase Chiliz ($CHZ), an ERC20 utility token on the Ethereum blockchain, and then participate in a Fan Token Offering (FTO). On the other hand, the US Dollar is a traditional fiat currency, issued and regulated by the US government, and used for a wide range of transactions, from buying groceries to international trade. Unlike Galxe, the US Dollar does not operate on a blockchain, nor does it provide any voting rights or sense of ownership over a specific entity. It's important to note that while Galxe's value can fluctuate based on market dynamics and the popularity of the Galatasaray Sports Club, the value of the US Dollar is influenced by economic indicators such as inflation and interest rates.
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The exchange rate of Galxe is increasing.
The current value of 1 GAL is $1.93 USD. In other words, to buy 5 Galxe, it would cost you $9.65 USD. Inversely, $1.00 USD would allow you to trade for 0.52 GAL while $50.00 USD would convert to 25.91 GAL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 37.04%. Meanwhile, in the last 24 hours, the rate has changed by 4.27%, and that the the highest exchange rate of 1 GAL to United States Dollar was $2.15 USD and the lowest 24 hour value was 1 GAL for $1.78 USD. This time last month, the value of 1 GAL was $1.75 USD, which is a 12.69% decrease from where it is now. Looking back a year, Galxe has changed by $1.90 USD. That means that in a single year, the value of Galxe has shrank by 6.41%.
GAL to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$1.85 USD | 4.27% | $3.08 USD | -37.04% | $1.75 USD | 12.69% | $1.90 USD | -6.41% |
GAL to USD
Amount | Today at 5:48 pm |
|---|---|
0.5 GAL | $0.97 |
1 GAL | $1.93 |
5 GAL | $9.65 |
10 GAL | $19.30 |
50 GAL | $96.50 |
100 GAL | $193.00 |
500 GAL | $965.00 |
1,000 GAL | $1,930.00 |
USD to GAL
Amount | Today at 5:48 pm |
|---|---|
0.5 USD | 0.26 GAL |
1 USD | 0.52 GAL |
5 USD | 2.59 GAL |
10 USD | 5.18 GAL |
50 USD | 25.91 GAL |
100 USD | 51.81 GAL |
500 USD | 259.07 GAL |
1,000 USD | 518.13 GAL |
Today vs. 24 hours ago
Amount | Today at 5:48 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 GAL | $0.97 | $0.93 | +4.21% |
1 GAL | $1.93 | $1.85 | +4.21% |
5 GAL | $9.65 | $9.26 | +4.21% |
10 GAL | $19.30 | $18.52 | +4.21% |
50 GAL | $96.50 | $92.60 | +4.21% |
100 GAL | $193.00 | $185.20 | +4.21% |
500 GAL | $965.00 | $926.00 | +4.21% |
1,000 GAL | $1,930.00 | $1,852.00 | +4.21% |
Today vs. 1 month ago
Amount | Today at 5:48 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 GAL | $0.97 | $0.88 | +10.10% |
1 GAL | $1.93 | $1.75 | +10.10% |
5 GAL | $9.65 | $8.77 | +10.10% |
10 GAL | $19.30 | $17.53 | +10.10% |
50 GAL | $96.50 | $87.65 | +10.10% |
100 GAL | $193.00 | $175.30 | +10.10% |
500 GAL | $965.00 | $876.50 | +10.10% |
1,000 GAL | $1,930.00 | $1,753.00 | +10.10% |
Today vs. 1 year ago
Amount | Today at 5:48 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 GAL | $0.97 | $0.95 | +1.47% |
1 GAL | $1.93 | $1.90 | +1.47% |
5 GAL | $9.65 | $9.51 | +1.47% |
10 GAL | $19.30 | $19.02 | +1.47% |
50 GAL | $96.50 | $95.10 | +1.47% |
100 GAL | $193.00 | $190.20 | +1.47% |
500 GAL | $965.00 | $951.00 | +1.47% |
1,000 GAL | $1,930.00 | $1,902.00 | +1.47% |
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