The cryptocurrency market gained new momentum today with the strong move of Bitcoin. While the market is dominated by bulls, there are positive developments in terms of corporate adoption. In this regard, Galxe, a Web3 platform that connects projects, users and communities in a decentralized world, announced its collaboration with Forbes. Following the news, the altcoin price made a strong move north.
Galxe announces Forbes collaboration, altcoin price jumps!
cryptokoin.comAs you follow from , green color dominates the market today. Leading cryptocurrency Bitcoin managed to overcome the $42,000 barrier, although it later declined. Many altcoin projects are also gathering strength in the green zone. In the midst of these developments, Galxe, a Web3 project, announced that it is collaborating with media giant Forbes. In this context, Galxe shared the following announcement from the social media platform X:
Forbes is diving into web3 with its new social account, ForbesWeb3. Join the movement, take part in the ForbesWeb3 campaign and earn Loyalty Points at Galxe. Exciting missions are waiting for you. Stay tuned for future campaigns and activations!
GAL Token is the native token of the Galxe ecosystem. It is used for voting and governance in the Galxe DAO, payment of application module fees, querying credential data, and issuance of digital credentials. It also rewards users for their achievements and activities on Galxe and other Web3 platforms. Following the news, the altcoin price made a vertical rise. GAL, which dropped to $1.49 during the day, jumped to $1.61 with the development. At press time, the token was trading at $1.61, up 5.9% on a daily basis.
Galxe 2.0: Built to support the growth of Web3 projects
Galxe is a Web3 platform that connects projects, users and communities in a decentralized world. It allows users to explore, participate and contribute to various Web3 projects, including DeFi, NFT, DAO and others. Apart from this, the altcoin project allows its users to create and manage their digital identities, credentials and reputation across different platforms and Blockchains. Galxe initially emerged as Galaxy Projecet. However, it was later renamed Galxe to better express its idea and goal.
Galxe is one of the leading platforms for Web3 community building. The altcoin project has built an impressive community exceeding 12 million active users. Additionally, it has helped more than 3,300 organizations. Moreover, it has run more than 36,000 growth and loyalty campaigns.
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