Ethereum-based Altcoins Explode as Coinbase and Binance Announce Surprise Support

Leading cryptocurrency exchanges Binance and Coinbase list new altcoins focused on developing the Web3 space.

The new altcoin, Project Galaxy (GAL), a native token launched on Thursday, claims to be the world’s largest Web3 credential data network, and traded for $18.07 at the time of writing.

project galaxy It has increased by more than 22% in the last 24 hours.

coinbase additional assistance For Project Galaxy with “Experimental Label”.

“New Asset: Coinbase will add support for Project Galaxy (GAL), which has the Experimental label.”

Coinbase added experiment label Moving on to new projects with low volume to warn traders of potential volatility.

Likewise, Binance list GAL is located in the “Innovation Zone,” a trading space dedicated to assets that may be vulnerable to rapid price fluctuations.

“Binance is pleased to announce its 30th project for the Web3 credential data network, Binance Launchpool – Project Galaxy (GAL).

Project Galaxy also became the 30th project of the exchange’s staking protocol, Binance Launchpool.

Seychelles-based cryptocurrency exchange KuCoin is also available. list As with popular projects cryptocurrency exchange FTX based in the Bahamas.

Project Galaxy aims to provide “a collaborative credential infrastructure that enables brands to build better communities and products on Web3”. Website.

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