Golem (GLM) Hits Market Capitalization of $340.87 Million

Golem (GLM) traded 0.5% lower against the US dollar during the 24 hour period ending at 18:00 PM ET on October 12th. During the last seven days, Golem has traded 3% higher against the US dollar. One Golem token can currently be bought for $0.34 or 0.00000539 BTC on popular exchanges. Golem has a total market capitalization of $340.87 million and approximately $12.23 million worth of Golem was traded on exchanges in the last day.

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

• 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 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 4.9% against the dollar and now trades at $0.0516 or 0.00000082 BTC.
• P2P Solutions foundation (P2PS) traded up 1.5% against the dollar and now trades at $160.48 or 0.00253742 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. 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. The official message board for Golem 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.”

Buying and Selling Golem

It is usually not currently possible to purchase alternative cryptocurrencies such as Golem directly using US dollars. Investors seeking to trade Golem should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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