Golem (GLM) Price Hits $0.62

Golem (CURRENCY:GLM) traded up 15% against the dollar during the 24-hour period ending at 22:00 PM Eastern on November 25th. One Golem coin can now be bought for about $0.62 or 0.00001075 BTC on exchanges. Golem has a market cap of $624.77 million and approximately $34.18 million worth of Golem was traded on exchanges in the last 24 hours. During the last week, Golem has traded up 24.2% against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Crypto.com Coin (CRO) traded 15.2% lower against the dollar and now trades at $0.75 or 0.00001284 BTC.
  • Polygon (MATIC) traded up 0.1% against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Polygon (MATIC) traded 4.7% higher against the dollar and now trades at $1.86 or 0.00003202 BTC.
  • Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00001721 BTC.
  • Chainlink (LINK) traded up 0.3% against the dollar and now trades at $26.43 or 0.00045455 BTC.
  • Decentraland (MANA) traded 3.5% higher against the dollar and now trades at $5.03 or 0.00008653 BTC.
  • Axie Infinity (AXS) traded 2.8% lower against the dollar and now trades at $135.53 or 0.00233120 BTC.
  • Parkgene (GENE) traded up 2,618,096.3% against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • FTX Token (FTT) traded up 3.1% against the dollar and now trades at $52.31 or 0.00089972 BTC.
  • THETA (THETA) traded up 5% against the dollar and now trades at $7.23 or 0.00012428 BTC.

About Golem

Golem is a coin. Its genesis date was November 17th, 2016. Golem’s total supply is 1,000,000,000 coins. Golem’s official message board is blog.golemproject.net. Golem’s official website is golem.network. Golem’s official Twitter account is @golemproject and its Facebook page is accessible here. The Reddit community for Golem is /r/GolemProject and the currency’s Github account can be viewed here.

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 Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Golem using one of the aforementioned exchanges.

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