Golem Achieves Self Reported Market Cap of $280.76 Million (GLM)

Golem (GLM) traded 4.6% higher against the US dollar during the twenty-four hour period ending at 17:00 PM E.T. on November 5th. One Golem token can now be bought for about $0.28 or 0.00000407 BTC on popular exchanges. Golem has a total market capitalization of $280.76 million and $7.76 million worth of Golem was traded on exchanges in the last day. During the last week, Golem has traded down 11.9% against the US dollar.

Here is how similar 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 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 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2% against the dollar and now trades at $69,074.71 or 1.00211409 BTC.
• SolvBTC (SOLVBTC) traded 2% higher against the dollar and now trades at $69,047.43 or 1.00171838 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Golem Token Profile

Golem’s launch date was 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 Twitter account is @golemproject and its Facebook page is accessible here. Golem’s official website is golem.network. Golem’s official message board is blog.golemproject.net.

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.”

Golem Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Golem directly using US dollars. Investors seeking to acquire Golem should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, 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