Golem Reaches Market Capitalization of $335.16 Million (GLM)

Golem (GLM) traded up 0% against the US dollar during the 1-day period ending at 15:00 PM Eastern on July 29th. Golem has a market capitalization of $335.16 million and approximately $9.44 million worth of Golem was traded on exchanges in the last day. One Golem token can currently be bought for $0.34 or 0.00000498 BTC on major exchanges. During the last seven days, Golem has traded 3.1% lower against the US dollar.

Here’s how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 0.2% against the dollar and now trades at $0.18 or 0.00000274 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 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 down 0.3% against the dollar and now trades at $0.0134 or 0.00000020 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 was first traded on November 11th, 2016. Golem’s total supply is 1,000,000,000 tokens. The official website for Golem is golem.network. Golem’s official Twitter account is @golemproject and its Facebook page is accessible here. The Reddit community for Golem is https://reddit.com/r/golemproject and the currency’s Github account can be viewed here. Golem’s official message board is blog.golemproject.net.

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.”

Buying and Selling Golem

It is usually not presently 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 Gemini, Coinbase or GDAX. 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