Project Galaxy #GAL
Token sale took place on: Coinlist
Current ROI: x1.7
Investment: $10 million
Project Galaxy GAL is one of the leading Web3 credential networks. Built on an open infrastructure, the network helps Web3 developers and projects use digital credentials and NFTs to build better products and communities.
At the seed round, Multicoin Capital, Divergence Ventures, IOSG Ventures invested in the project. In subsequent rounds, they were joined by Dragonfly Capital, Spartan Group, Coinbase Ventures, Alameda Research, Hashkey Capital. In general, the backers of the project are serious.
In honor of the rebranding, they made a promotion where you could get 42 NFTs with a chance to get a 100 GAL bonus one month ago.
From a technical point of view, we see a long accumulation, an obvious support zone in the area of $2.2 - 2.5, and a squeeze towards support, plus there is a weakening of purchases with each wave of growth. We see a strong narrowing of volatility and should expect strong momentum. We lean 60/40% that the momentum to move up ⬆️ is possible after the liquidity withdrawal is lower. The first goals are $3.4 and $4.2, this is provided that the crypto market shows growth, because if bitcoin shows weakness and a fall, then we will play it down to the level with possible goals of $1.5. Purchases can be considered only after fixing above the 50th moving average, and preferably above 100