Golem (GLM) Price Down 5.9% This Week

Golem (GLM) traded up 8.8% against the U.S. dollar during the 24-hour period ending at 0:00 AM E.T. on November 5th. One Golem token can now be bought for about $0.30 or 0.00000403 BTC on major cryptocurrency exchanges. In the last week, Golem has traded 5.9% lower against the U.S. dollar. Golem has a total market capitalization of $299.88 million and approximately $9.90 million worth of Golem was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in 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 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 9.4% higher against the dollar and now trades at $74,648.80 or 1.00232956 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 9.8% against the dollar and now trades at $74,562.35 or 1.00116882 BTC.
• AXIA Coin (AXC) traded down 0.1% 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. 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 official website for Golem is golem.network. 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 presently possible to purchase alternative cryptocurrencies such as Golem directly using U.S. dollars. Investors seeking to acquire Golem should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Golem using one of the aforementioned exchanges.

GLM/USD price chart by TradingView