Golem (GLM) Self Reported Market Capitalization Hits $291.57 Million

Golem (GLM) traded 7% lower against the US dollar during the 1 day period ending at 22:00 PM E.T. on October 31st. One Golem token can now be bought for approximately $0.29 or 0.00000422 BTC on major exchanges. During the last week, Golem has traded 9.7% lower against the US dollar. Golem has a market cap of $291.57 million and $8.18 million worth of Golem was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during 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 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.5% lower against the dollar and now trades at $69,575.91 or 1.00771512 BTC.
• SolvBTC (SOLVBTC) traded down 4.1% against the dollar and now trades at $69,235.72 or 1.00278795 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Golem

Golem’s genesis date was November 11th, 2016. Golem’s total supply is 1,000,000,000 tokens. Golem’s official message board is blog.golemproject.net. The Reddit community for Golem is https://reddit.com/r/golemproject and the currency’s Github account can be viewed here. 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 buy alternative cryptocurrencies such as Golem directly using U.S. dollars. Investors seeking to trade Golem should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Golem using one of the aforementioned exchanges.

GLM/USD price chart by TradingView