Golem (GLM) Achieves Self Reported Market Capitalization of $413.65 Million
by Tristan Rich · The Markets DailyGolem (GLM) traded up 4.7% against the US dollar during the 1 day period ending at 11:00 AM Eastern on January 5th. One Golem token can now be bought for approximately $0.41 or 0.00000422 BTC on major exchanges. During the last seven days, Golem has traded up 13.5% against the US dollar. Golem has a total market capitalization of $413.65 million and approximately $51.17 million worth of Golem was traded on exchanges in the last day.
Here’s how related cryptocurrencies have performed during the last day:
- 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 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.
- SolvBTC (SOLVBTC) traded up 0.2% against the dollar and now trades at $97,798.77 or 0.99652299 BTC.
- SolvBTC.BBN (SOLVBTC.BB) traded up 0% against the dollar and now trades at $96,910.91 or 0.98747613 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
About Golem
Golem was first traded on November 11th, 2016. Golem’s total supply is 1,000,000,000 tokens. The official website for Golem is golem.network. The official message board for Golem is blog.golemproject.net. 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 possible to purchase alternative cryptocurrencies such as Golem directly using US dollars. Investors seeking to acquire Golem should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Golem using one of the exchanges listed above.
GLM/USD price chart by TradingView