Golem Reaches Market Cap of $333.36 Million (GLM)

Golem (GLM) traded down 1.8% against the U.S. dollar during the 24-hour period ending at 0:00 AM Eastern on October 12th. Golem has a market cap of $333.36 million and approximately $8.59 million worth of Golem was traded on exchanges in the last 24 hours. In the last week, Golem has traded 1.7% higher against the U.S. dollar. One Golem token can now be bought for about $0.33 or 0.00000531 BTC on cryptocurrency exchanges.

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

• 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 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 2.2% lower 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 7.9% against the dollar and now trades at $0.0499 or 0.00000079 BTC.
• P2P Solutions foundation (P2PS) traded 0.7% higher against the dollar and now trades at $159.29 or 0.00253565 BTC.

Golem Profile

Golem’s launch date was November 11th, 2016. Golem’s total supply is 1,000,000,000 tokens. Golem’s official Twitter account is @golemproject and its Facebook page is accessible here. Golem’s official message board is blog.golemproject.net. The official website for Golem 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 possible to buy alternative cryptocurrencies such as Golem directly using U.S. dollars. Investors seeking to trade Golem should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Golem using one of the exchanges listed above.

GLM/USD price chart by TradingView