Golem Market Capitalization Tops $315.79 Million (GLM)

Golem (CURRENCY:GLM) traded 1.7% higher against the U.S. dollar during the one day period ending at 17:00 PM Eastern on July 22nd. Over the last seven days, Golem has traded 7.1% higher against the U.S. dollar. Golem has a total market cap of $315.79 million and approximately $11.22 million worth of Golem was traded on exchanges in the last 24 hours. One Golem coin can now be bought for about $0.32 or 0.00000978 BTC on popular exchanges.

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

  • Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00003097 BTC.
  • Chainlink (LINK) traded up 7.8% against the dollar and now trades at $16.05 or 0.00049693 BTC.
  • DREP (DREP) traded 21% lower 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.
  • Polygon (MATIC) traded up 7.1% against the dollar and now trades at $0.90 or 0.00002773 BTC.
  • Dai (DAI) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00003102 BTC.
  • THETA (THETA) traded up 10.5% against the dollar and now trades at $4.68 or 0.00014478 BTC.
  • Aave (AAVE) traded 10.3% higher against the dollar and now trades at $275.18 or 0.00852064 BTC.
  • botXcoin (BOTX) traded down 1.2% against the dollar and now trades at $2.04 or 0.00006313 BTC.
  • Crypto.com Coin (CRO) traded up 2.5% against the dollar and now trades at $0.11 or 0.00000342 BTC.

Golem Profile

Golem (GLM) is a coin. Its launch date was 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 Twitter account is @golemproject and its Facebook page is accessible here. The official website for Golem is golem.network. 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 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Golem using one of the exchanges listed above.

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