Golem (GLM) Trading 15.3% Lower Over Last 7 Days

Golem (CURRENCY:GLM) traded down 0.2% against the dollar during the one day period ending at 17:00 PM Eastern on April 21st. Over the last seven days, Golem has traded down 15.3% against the dollar. One Golem coin can currently be bought for about $0.46 or 0.00000833 BTC on cryptocurrency exchanges. Golem has a market capitalization of $457.74 million and $7.86 million worth of Golem was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

  • Chainlink (LINK) traded down 3.9% against the dollar and now trades at $37.41 or 0.00068060 BTC.
  • THETA (THETA) traded down 2.7% against the dollar and now trades at $11.40 or 0.00020748 BTC.
  • DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00001819 BTC.
  • Crypto.com Coin (CRO) traded 0.9% higher against the dollar and now trades at $0.20 or 0.00000361 BTC.
  • FTX Token (FTT) traded 1.2% lower against the dollar and now trades at $51.81 or 0.00094264 BTC.
  • Aave (AAVE) traded 0.4% higher against the dollar and now trades at $370.84 or 0.00674660 BTC.
  • PancakeSwap (CAKE) traded up 0.2% against the dollar and now trades at $26.88 or 0.00048894 BTC.
  • Maker (MKR) traded up 14.5% against the dollar and now trades at $4,003.38 or 0.07283230 BTC.

Golem Coin Profile

Golem (CRYPTO:GLM) is a coin. It launched on November 17th, 2016. Golem’s total supply is 1,000,000,000 coins. The Reddit community for Golem is /r/GolemProject and the currency’s Github account can be viewed here. Golem’s official website is golem.network. 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, “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 – step by step guide and migration options “

Buying and Selling Golem

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

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