Golem Tops One Day Trading Volume of $7.86 Million (GLM)

Golem (GLM) traded 3.7% higher against the dollar during the 1 day period ending at 18:00 PM ET on May 14th. Golem has a total market cap of $248.29 million and approximately $7.86 million worth of Golem was traded on exchanges in the last 24 hours. One Golem coin can now be bought for $0.25 or 0.00000836 BTC on popular cryptocurrency exchanges. In the last week, Golem has traded 25.4% lower against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

  • BITCOIN ADDITIONAL (BTCA) traded down 1.2% against the dollar and now trades at $29,689.99 or 1.00008060 BTC.
  • Binance USD (BUSD) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00003373 BTC.
  • Crypto.com Coin (CRO) traded 5% higher against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded up 0% against the dollar and now trades at $1.00 or 0.00003371 BTC.
  • Polygon (MATIC) traded down 4.5% against the dollar and now trades at $0.67 or 0.00002258 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • FTX Token (FTT) traded 1.4% lower against the dollar and now trades at $31.10 or 0.00104761 BTC.

Golem Coin Profile

Golem (GLM) is a coin. It launched on 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. 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.

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 “

Golem Coin Trading

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

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