Golem (GLM) Achieves Market Cap of $562.11 Million

Golem (GLM) traded 2.6% lower against the US dollar during the 24 hour period ending at 22:00 PM ET on May 8th. One Golem token can currently be purchased for $0.56 or 0.00000915 BTC on popular cryptocurrency exchanges. In the last seven days, Golem has traded up 28% against the US dollar. Golem has a total market capitalization of $562.11 million and approximately $68.88 million worth of Golem was traded on exchanges in the last 24 hours.

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

• KILT Protocol (KILT) traded 0.8% lower against the dollar and now trades at $0.30 or 0.00000482 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher 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 up 1% against the dollar and now trades at $0.0102 or 0.00000017 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. Golem’s official website is golem.network. Golem’s official message board 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 presently possible to purchase alternative cryptocurrencies such as Golem directly using U.S. dollars. Investors seeking to trade Golem should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Golem using one of the aforementioned exchanges.

GLM/USD price chart by TradingView