Download the app for quick and easy access, This section is under construction. GAL, the projects governance and utility token, is used to manage operations and facilitate transactions on the network. Credential data today is segregated across closed databases that are owned and permissioned by applications, government organisations, and financial and credit institutions. A day after the launch, Project Galaxys coin value rocketed to an all-time high of $18.12. Credential data is behavioural data of users online, including credit history and shopping habits.
To make your watch list and receive notifications, you need to register on the website via Telegram. Note that analysts forecasts can be wrong. There is uncertainty as to whether these features can be rolled out successfully. Forecasts are based on inferences drawn from the past performance by analysts and may go wrong, due to market gyrations, change in policies and unknown parameters. Most of the fee will be allocated to the curators, and the community treasury will collect the rest. Investors should gauge how comfortable they are about losing money, as you should never invest money that you cannot afford to lose. Prior to the listing of GAL on cryptocurrency exchanges, the project organised several token generation events (TGE) to raise funds, including the public offering of 10 million tokens on 17 February 2022 on CoinList. The token could rise further to reach $17.22-22.03 in 2023. Transactions with non-deliverable over-the-counter instruments do not entail the transfer of ownership and other rights to the underlying assets, are a risky activity and can bring not only profit but also losses. According to CoinMarketCap, the current circulating supply is 35.1 million. All rights reserved.
16 dated 16.04.2019. Project Galaxys GAL token was listed on the Binance Launchpool. Currently all application module fees are waived as the feature is in beta testing. Trading financial instruments carry a high level of risk and one for which we strongly advise you to consult with your registered investor advisor. The size of the potential loss is limited to the size of the deposit. Risk warning: transactions with non-deliverable over-the-counter instruments are a risky activity and can bring not only profit but also losses. However, analysts forecasts can be wrong and have been inaccurate in the past. 2022 VestLab. As the project is in its early stage and has been in operation for just over a year, many of its features are still in beta testing. On the first day of its listing, GALs trading volume reached a billion, but, as evidenced by the chart, trading activity fell subsequently and was last at $277.3m on 16 May, CoinMarketCap data showed. Read this analysis for the latest Project Galaxy coin news and price predictions. Use the training services of our company to understand the risks before you start operations. You should do your own research and never invest what you cannot afford to lose.
According to Project Galaxys whitepaper, GAL has a total supply of 200 million tokens. Since then GAL prices have been volatile, falling as low as $2.6222 on 11 May, before rebounding the next day to above $4. Optimism price prediction: What is Optimism (OP)? By using the Capital.com website you agree to the use of. The main tool of the service is VestLab Bot in Telegram, which will notify you about all changes and new projects added to the site and remind you of the date and time of all events for the projects on your watch list. Project Galaxy provides Application Modules, Credential API, and Credential Oracle Engine to help developers leverage credential data. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. The GAL token price fell to $6.1156 on 16 May, less than half of its $14.55 launch price on 5 May. The week ahead update on major market events in your inbox every week. Past profits do not guarantee future profits. Query fees are also being waived during beta testing. According to the Project Galaxys whitepaper, it is the largest Web3 credential data network. Index trading explained: How to trade indices. GAL incentivises user participation and serves as the primary payment token of the projects ecosystem. Direxion Daily Semiconductor Bull 3X Shares, ProShares Ultra VIX Short-Term Futures ETF, iShares Trust - iShares Select Dividend ETF. The platform operates on the Ethereum blockchain.
Green Satoshi Token price prediction: Will M2E crypto rebound. Sylo price prediction: Another breakout for the data token, Badger DAO price prediction: A rough patch for BADGER. Have a confidential tip for our reporters? DigitalCoinPrices GAL prediction was less bullish long term, forecasting the average GAL price at $7.88 in 2022, $8.91 in 2023, $9.56 in 2024, $11.92 in 2025, $10.88 in 2026, $14.56 in 2027, $19.89 in 2028, $24.74 in 2029, $27.71 in 2030 and $31.38 in 2031. You can also send a request for adding a new project to the website using special form and we will add it and collect information about it in no time. Closed joint-stock company Capital Com Bel is regulated by NBRB,registered19.03.2019 with company registration number 193225654. Price Predictions GAL target price was $20 for 2025. The size of the potential loss is limited to the funds held by us for and on your behalf, in relation to your trading account. It forecast the GAL price could rise to $9.16 in 2022 and continue climbing to $13.44 by 2023, $20.89 in 2024, $30.36 in 2025, $44.11 in 2026, $63.46 in 2027, $92.20 in 2028, $133.97 in 2029, $192.76 in 2030 and $280.03 in 2031. As of 17 May, the GAL coin price prediction from Price Prediction forecast that the coin could reach $190.92 by 2031, while TechNewsLeader expected the token to reach $280.02 in 2031. Price Predictions Project Galaxy prediction was bullish, with a higher token price projection in the next few years. Two analysts Project Galaxy price predictions exceeded $100 within a decade. The project plans to provide the infrastructure for community members to curate and contribute digital credentials to its data network. Project Galaxy is one of the leading Web3 credential data networks. According to Project Galaxy, the utilities of GAL are: Governance: Token holders can vote on the platform fee charged by the protocol, and control the funds held by the community treasury. Investors should also consider the tokens collaborations, partnership deals and fundamentals before relying completely on the predictions. RISK DISCLAIMER: The information contained on this website is not investment advice. Using the service is absolutely free. Paying for Galaxy Oracle Engine and Galaxy Credential API: GAL is used to pay the query fees for searching credential data through Galaxy Oracle Engine and Galaxy Credential API. Certificate of inclusion in the register of forex companies No. Past profits do not guarantee future profits.
On cryptocurrency research and data site Is This Coin A Scam, projects status was unmonitored. Join the 415.000+ traders worldwide that chose to trade with Capital.com. Are you interested to learn more about the projects future development and outlook? Project Galaxy (GAL) price prediction: Can Web3 project deliver? You should do your own research and never invest more than you can afford to lose. It was launched in March 2021 and aims to build an open and collaborative credential data network that is accessible to all developers in Web3. Paying for application module fee: Developers who utilise Galaxys credential data through application modules will need to pay a platform fee in GAL.
A login link will be sent to your email address. Crypto Predictions GAL forecast was mixed, projecting the price could fall to a low of $4.85 in June 2022, then rebound to $16.44 by December. Tech companies such as Google and Facebook monetise users credential data by sending them targeted advertisements. Matt Williams wrote at Business 2 Community: Despite the project being in its infancy, market expectations for the token were mostly bullish at the time of writing (17 May), with most analysts GAL crypto price predictions expecting it to trend higher in the next 10 years. If you rely on the information on this page then you do so entirely on your own risk. Curators can choose to sell the credential stakes back to the bonding curve in exchange for GAL. When looking at Project Galaxy price prediction investors should remember that the crypto market is volatile. It will be aired soon. Web3 is touted as the future of the internet. Capital Com is an execution-only service provider. Curating digital credentials: Curators can purchase stakes of a credential data set from its corresponding bonding curve. Forecasts shouldnt be used as a substitute for your own research. This site is an analytics service, which is a collection of information about tokenomics, metrics, exact dates and times of upcoming events about the first listing and vesting of cryptocurrency tokens. Digital credential data network Project Galaxy token (GAL) saw its price plunge since launching, as trading activity dwindled over the past 12 days. TechNewsLeaders GAL price prediction was the most bullish in the market. Always conduct your own due diligence before investing.
Whether Project Galaxy is a good investment for you or not will depend on your investing goal, portfolio composition and risk profile, among other factors. An idea that the world wide web will be decentralised and blockchain-based with no single dominant provider. This contrasts with the present Web2, where a few technology companies dominate the space. The average GAL/USD price was expected at $6.88 in 2022, rising to $9.90 in 2023, and $14.81 in 2024, $22.15 in 2025, $32.19 in 2026, $48.61 in 2027, $66.63 in 2028, $96.80 in 2029, $136.61 in 2030 and $190.92 in 2031. However, the projects utility within Web3 has garnered investors interest amid optimism for the development. This has led to a fractured landscape that is not open to the individuals who should own that data or the applications that need it., Any unique sounding use case and utility related to Web 3.0, decentralised finance (, The difference between trading assets and CFDs. The material provided on this website is for information purposes only and should not be understood as an investment advice. As of 17 May, the curation system is still under development. You should do research and base your decision to buy cryptocurrencies on their attitude to take a risk. The price of the credential stake increases with more purchases. DigitalCoinPrice predicted GAL could reach $24 by 2029. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. And never invest or trade money you cannot afford to lose. VestLab.io - analytics service, which is a collection of information about tokenomics, metrics, exact dates and times of upcoming events about the first listing and vesting of crypto tokens. Crypto Predictions Project Galaxy crypto price prediction expected GAL price to reach $20 by 2023, while TechNewsLeader forecast the token to exceed $20 in 2024.