Golem (GLM) Achieves Market Capitalization of $270.83 Million

Golem (GLM) traded up 5% against the U.S. dollar during the one day period ending at 13:00 PM Eastern on September 9th. During the last seven days, Golem has traded 0.5% lower against the U.S. dollar. One Golem token can now be purchased for approximately $0.27 or 0.00000480 BTC on major cryptocurrency exchanges. Golem has a total market capitalization of $270.83 million and $7.33 million worth of Golem was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• 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.
• Hokkaidu Inu (HOKK) traded up 1.2% 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.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 12.6% higher against the dollar and now trades at $0.0655 or 0.00000117 BTC.
• 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Golem Token Profile

Golem launched on November 11th, 2016. Golem’s total supply is 1,000,000,000 tokens. 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. Golem’s official Twitter account is @golemproject and its Facebook page is accessible here. Golem’s official website is golem.network.

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 presently possible to buy alternative cryptocurrencies such as Golem directly using US dollars. Investors seeking to acquire Golem should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Golem using one of the exchanges listed above.

GLM/USD price chart by TradingView