Golem (GLM) Price Down 7.3% Over Last Week

Golem (GLM) traded down 0.5% against the US dollar during the 1 day period ending at 10:00 AM E.T. on March 30th. One Golem token can now be bought for $0.26 or 0.00000311 BTC on cryptocurrency exchanges. Golem has a total market cap of $257.66 million and approximately $14.37 million worth of Golem was traded on exchanges in the last 24 hours. During the last week, Golem has traded 7.3% lower against the US dollar.

Here is 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 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.
• SolvBTC (SOLVBTC) traded 0.2% higher against the dollar and now trades at $82,695.53 or 0.99972633 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0% higher against the dollar and now trades at $82,319.67 or 0.99518251 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 0.1% lower 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. Golem’s official Twitter account is @golemproject and its Facebook page is accessible here. The Reddit community for Golem is https://reddit.com/r/golemproject and the currency’s Github account can be viewed here. Golem’s official message board is blog.golemproject.net. Golem’s official website is golem.network.

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 Gemini, GDAX or Changelly. 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