G is the native token on Gravity and the utility token for both Gravity and the Galxe ecosystem. G powers transactions as the gas token and secures the network through staking. As the primary utility token across both ecosystems, G drives governance decisions, incentivizes growth, and facilitates payments.
Galxe is a decentralized super app and web3’s largest onchain distribution platform. Through its robust infrastructure and product suite of modular AI, digital identity, and blockchain solutions — Quest, Passport, Score, Compass, and Alva — Galxe supports the development of advanced, user-friendly applications with an emphasis on web3 exploration and self-sovereign digital identity management.
Gravity is a Layer 1 blockchain designed for mass adoption and an omnichain future. Its approach abstracts the technical complexities of multichain interactions, integrating advanced technologies like Zero-Knowledge Proofs, state-of-the-art consensus mechanisms, and restaking-powered architecture to ensure high performance, enhanced security, and cost efficiency.
Gravity Price Analysis
As of November 25 2024 Gravity has a marketcap of $243M.
This is {{percentagefromath}} from its all time high of $0.091691.
In terms of its tokenomics, there's a total supply of 12B with 60% currently outstanding.
Keep in mind Gravity has a fully diluted value of $403M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
