Golem (GLM) Achieves Market Cap of $266.74 Million

Golem (GLM) traded 9.7% lower against the US dollar during the one day period ending at 15:00 PM Eastern on July 5th. One Golem token can currently be purchased for approximately $0.27 or 0.00000470 BTC on cryptocurrency exchanges. During the last week, Golem has traded down 24.8% against the US dollar. Golem has a total market cap of $266.74 million and $19.85 million worth of Golem was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded down 2.3% against the dollar and now trades at $0.19 or 0.00000327 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.5% lower against the dollar and now trades at $0.0118 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Golem Profile

Golem’s launch date was November 11th, 2016. Golem’s total supply is 1,000,000,000 tokens. The official message board for Golem is blog.golemproject.net. The Reddit community for Golem is https://reddit.com/r/golemproject and the currency’s Github account can be viewed here. Golem’s official website is golem.network. Golem’s official Twitter account is @golemproject and its Facebook page is accessible here.

According to CryptoCompare, “Golem Network Token (GLM) is a digital currency used as a means of exchange on the Golem Network, a decentralized platform for computing power. Created by Golem Factory GmbH, GLM is an ERC-20 token built on the Ethereum blockchain. It is used to pay for services such as rendering graphics, scientific research, and machine learning, and to incentivize computing power providers on the network. GLM can also be traded on cryptocurrency exchanges and stored in digital wallets.”

Buying and Selling Golem

It is usually not possible to purchase alternative cryptocurrencies such as Golem directly using U.S. dollars. Investors seeking to acquire Golem should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Golem using one of the exchanges listed above.

GLM/USD price chart by TradingView