Singapore-based digital asset change Crypto.com is following within the footsteps of different high exchanges and itemizing a brand new Ethereum (ETH)-based altcoin targeted on growing the Web3 area.
Crypto.com just lately rolled out assist for Mission Galaxy (GAL), which payments itself as the biggest Web3 credential knowledge community on the earth.
The challenge’s native token, GAL, simply launched earlier this month and has seen its worth plummet almost 75% from an all-time excessive of $18.32 on Could sixth to $4.71 at time of writing.
GAL is used for governance within the Mission Galaxy decentralized autonomous group (DAO). GAL token holders can set the platform charges collected by the protocol, and so they management funds held by the Mission Galaxy Group Treasury.
Binance and Coinbase each listed Mission Galaxy earlier this month, every attaching a particular label to the asset.
Coinbase added an experimental label to GAL, which it usually does for brand new initiatives with decrease buying and selling volumes as a way to warn traders about their potential volatility.
Binance listed the token in its “Innovation Zone,” a devoted buying and selling area for property that may very well be extra liable to fast worth swings.
Moreover, Seychelles-based crypto change KuCoin listed the challenge, as did fashionable crypto change FTX, which relies in The Bahamas.
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Featured Picture: Shutterstock/Charming Decor Artwork/Natalia Siiatovskaia
