Golem (GLM) Market Cap Hits $321.57 Million

Golem (GLM) traded 4.8% higher against the dollar during the 1-day period ending at 9:00 AM ET on October 4th. One Golem token can currently be bought for approximately $0.32 or 0.00000523 BTC on popular cryptocurrency exchanges. In the last seven days, Golem has traded down 7.6% against the dollar. Golem has a market capitalization of $321.57 million and approximately $10.32 million worth of Golem was traded on exchanges in the last 24 hours.

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

• 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 down 2.2% 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 up 8.9% 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 up 4.2% against the dollar and now trades at $0.0373 or 0.00000060 BTC.
• P2P Solutions foundation (P2PS) traded up 1.7% against the dollar and now trades at $154.41 or 0.00250911 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. 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 currently possible to buy alternative cryptocurrencies such as Golem directly using US dollars. Investors seeking to trade Golem should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. 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