Project Galaxy has released it’s new Ethereum-based altoin, GAL, earlier this month. The project is focused on the development of Web3 and say they are the largest Web3 credential data network in the world.
GAL Price Drops
But they have seen the token’s price plummet nearly 75% from an all-time high of $18.32 on May 6th to $4.71 at time of writing.
GAL is used for governance in the Project Galaxy decentralized autonomous organization (DAO). GAL token holders can set the platform fees collected by the protocol, and they control funds held by the Project Galaxy Community Treasury.
Binance and Coinbase both listed Project Galaxy earlier this month, each attaching a special label to the asset.
Coinbase added an experimental label to GAL, which it often does for new projects with lower trading volumes in order to warn investors about their potential volatility.
Binance listed the token in its “Innovation Zone,” a dedicated trading space for assets that could be more prone to rapid price swings.
Additionally, Seychelles-based crypto exchange KuCoin listed the project, as did popular crypto exchange FTX, which is based in The Bahamas.
Check Price Action
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Web3 Token List
This is a complete list of all Web3 tokens to date from CoinMarketCap.com.
Polkadot
DOT
Chainlink
LINK
Filecoin
FIL
Theta Network
THETA
The Graph
GRT
BitTorrent‐New
BTT
Helium
HNT
Stacks
STX
Basic Attention Token
BAT
Arweave
AR
Livepeer
LPT
Braintrust
BTRST
Siacoin
SC
Audius
AUDIO
Golem
GLM
Ontology
ONT
Storj
STORJ
Ethereum Name Service
ENS
Hive
HIVE
Render Token
RNDR
Casper
CSPR
Conflux
CFX
Flux
FLUX
Nervos Network
CKB
Ocean Protocol
OCEAN
XYO
XYO
Chromia
CHR
Civic
CVC
NuCypher
NU
Fetch.ai
FET
Steem
STEEM
Orchid
OXT
Reef
REEF
Radicle
RAD
Aragon
ANT
iExec RLC
RLC
NKN
NKN
API3
API3
Band Protocol
BAND
Mask Network
MASK
Akash Network
AKT
AIOZ Network
AIOZ
Syntropy
NOIA
KILT Protocol
KILT
Marlin
POND
Elastos
ELA
Handshake
HNS
Gitcoin
GTC
DIA
DIA
district0x
DNT
Streamr
DATA
Kin
KIN
Somnium Space Cubes
CUBE
PARSIQ
PRQ
Litentry
LIT
MAPS
MAPS
Tellor
TRB
StackOs
STACK
Numbers Protocol
NUM
BEPRO Network
BEPRO
VIDT Datalink
VIDT
Stratos
STOS
FOAM
FOAM
Ethereum Push Notification Service
PUSH
ACENT
ACE
Modefi
MOD
suterusu
SUTER
PolkaBridge
PBR
Torum
XTM
Crust Network
CRU
Big Data Protocol
BDP
Raze Network
RAZE
DAOstack
GEN
Bloom
BLT
Gari Network
GARI
TrustFi Network
TFI
Lost Worlds
LOST
X Protocol
POT
Metaverse Index
MVI
GameYoo
GYC
Aircoins
AIRX
Minds
MINDS
ShibaMask
SHBMA
Aragon Court
ANJ
Altera
AEN
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