Golem Self Reported Market Cap Hits $342.50 Million (GLM)

Golem (GLM) traded 5.3% higher against the dollar during the one day period ending at 0:00 AM E.T. on October 18th. Golem has a total market cap of $342.50 million and approximately $21.47 million worth of Golem was traded on exchanges in the last day. During the last week, Golem has traded 0.8% higher against the dollar. One Golem token can currently be bought for approximately $0.34 or 0.00000501 BTC on exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 50.5% higher against the dollar and now trades at $0.0743 or 0.00000109 BTC.
• P2P Solutions foundation (P2PS) traded up 1.1% against the dollar and now trades at $171.29 or 0.00250606 BTC.

Golem Profile

Golem was first traded on November 11th, 2016. Golem’s total supply is 1,000,000,000 tokens. 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. Golem’s official website is golem.network. Golem’s official Twitter account is @golemproject and its Facebook page is accessible 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 currently possible to purchase alternative cryptocurrencies such as Golem directly using U.S. dollars. Investors seeking to trade Golem should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Golem using one of the aforementioned exchanges.

GLM/USD price chart by TradingView