Golem Market Capitalization Achieves $577.38 Million (GLM)

Golem (GLM) traded down 3.3% against the U.S. dollar during the 1-day period ending at 22:00 PM ET on May 7th. During the last seven days, Golem has traded up 21.9% against the U.S. dollar. One Golem token can now be purchased for about $0.58 or 0.00000923 BTC on exchanges. Golem has a total market capitalization of $577.38 million and $92.89 million worth of Golem was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 0.5% lower against the dollar and now trades at $0.30 or 0.00000476 BTC.
• 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 2.4% higher against the dollar and now trades at $0.0101 or 0.00000016 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 launch date was November 11th, 2016. Golem’s total supply is 1,000,000,000 tokens. The official message board for Golem 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. 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.”

Golem Token Trading

It is usually not presently 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 Coinbase, GDAX 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