Golem 1-Day Trading Volume Hits $12.81 Million (GLM)

Golem (GLM) traded 1.6% lower against the US dollar during the 1-day period ending at 23:00 PM Eastern on April 18th. One Golem token can currently be purchased for $0.35 or 0.00000568 BTC on popular cryptocurrency exchanges. Golem has a total market cap of $351.20 million and approximately $12.81 million worth of Golem was traded on exchanges in the last day. In the last week, Golem has traded down 32.5% against the US dollar.

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

• KILT Protocol (KILT) traded up 0% against the dollar and now trades at $0.32 or 0.00000525 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 2.2% lower 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.
• 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 2.7% lower against the dollar and now trades at $0.0084 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Golem Profile

Golem’s launch date was November 11th, 2016. Golem’s total supply is 1,000,000,000 tokens. 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. 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 acquire Golem should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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