Golem (GLM) Reaches Market Capitalization of $606.73 Million

Golem (GLM) traded down 3.2% against the dollar during the 24 hour period ending at 22:00 PM ET on March 29th. One Golem token can now be bought for about $0.61 or 0.00000865 BTC on popular exchanges. Golem has a market cap of $606.73 million and $436.19 million worth of Golem was traded on exchanges in the last 24 hours. In the last week, Golem has traded 27% higher against the dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded 1% lower against the dollar and now trades at $0.45 or 0.00000638 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 down 2.2% 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 up 0.3% against the dollar and now trades at $0.0093 or 0.00000013 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Golem Token Profile

Golem’s genesis 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. Golem’s official message board 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. The official website for Golem is golem.network.

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 US dollars. Investors seeking to acquire 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 exchanges listed above.

GLM/USD price chart by TradingView