Golem Price Down 5% This Week (GLM)

Golem (GLM) traded 2.1% lower against the US dollar during the 24 hour period ending at 22:00 PM E.T. on September 5th. Golem has a market cap of $269.47 million and approximately $5.78 million worth of Golem was traded on exchanges in the last day. One Golem token can now be bought for approximately $0.27 or 0.00000475 BTC on major cryptocurrency exchanges. Over the last week, Golem has traded down 5% against the US dollar.

Here is how related cryptocurrencies have performed over the last day:

• 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 2.2% lower 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.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 3.2% against the dollar and now trades at $0.0518 or 0.00000092 BTC.
• P2P Solutions foundation (P2PS) traded 0.9% higher against the dollar and now trades at $155.44 or 0.00273998 BTC.

Golem Token Profile

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

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.”

Golem Token Trading

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

GLM/USD price chart by TradingView