Golem Reaches Self Reported Market Cap of $221.43 Million (GLM)

Golem (GLM) traded 6.3% lower against the US dollar during the 1-day period ending at 11:00 AM E.T. on April 7th. Golem has a market cap of $221.43 million and $26.57 million worth of Golem was traded on exchanges in the last 24 hours. During the last week, Golem has traded 15.1% lower against the US dollar. One Golem token can currently be purchased for about $0.22 or 0.00000282 BTC on exchanges.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 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.
• SolvBTC (SOLVBTC) traded 5% lower against the dollar and now trades at $78,261.67 or 0.99620442 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 5.2% against the dollar and now trades at $77,875.17 or 0.99128464 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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.

Golem 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. Golem’s official Twitter account is @golemproject and its Facebook page is accessible here. 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.

According to CryptoCompare, “The Golem Network is a decentralized computation network. Using Golem users can buy or sell computational power from other users in a peer to peer environment. Golem is built using Ethereum smart contracts as a transaction system for nano-payments within the network. Golem Network Tokens (GNT) will serve as a secure medium for all transactions within the Golem Network.Starting 19 NOV 2020, Golem Network Token is migrating towards an ERC20 token, mainly because New Golem’s transaction framework is built on Ethereum’s Layer 2, and this scaling method requires tokens to be ERC-20.Migrate your GNT to the new, ERC-20 GLM token -“

Buying and Selling Golem

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

GLM/USD price chart by TradingView