Golem Achieves Self Reported Market Cap of $513.67 Million (GLM)

Golem (GLM) traded up 9.5% against the dollar during the twenty-four hour period ending at 10:00 AM Eastern on November 26th. Golem has a market cap of $513.67 million and approximately $930.34 million worth of Golem was traded on exchanges in the last day. In the last week, Golem has traded up 39% against the dollar. One Golem token can currently be purchased for about $0.51 or 0.00000550 BTC on exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• 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 2.2% lower 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.
• 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.
• SolvBTC (SOLVBTC) traded 3.4% lower against the dollar and now trades at $92,939.35 or 0.99561612 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 3.8% against the dollar and now trades at $92,625.62 or 0.99225519 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% 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 message board for Golem is blog.golemproject.net. Golem’s official Twitter account is @golemproject and its Facebook page is accessible here. Golem’s official website is golem.network. The Reddit community for Golem is https://reddit.com/r/golemproject and the currency’s Github account can be viewed here.

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 buy alternative cryptocurrencies such as Golem directly using U.S. dollars. Investors seeking to acquire Golem should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Golem using one of the exchanges listed above.

GLM/USD price chart by TradingView