Golem (GLM) Hits Market Cap of $555.21 Million

Golem (CURRENCY:GLM) traded 1.2% higher against the dollar during the 1-day period ending at 23:00 PM Eastern on October 13th. Golem has a total market cap of $555.21 million and $11.21 million worth of Golem was traded on exchanges in the last 24 hours. One Golem coin can currently be purchased for approximately $0.56 or 0.00000954 BTC on major cryptocurrency exchanges. During the last seven days, Golem has traded 0.6% higher against the dollar.

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

  • Starname (IOV) traded down 3.9% against the dollar and now trades at $4,099.30 or 0.08159023 BTC.
  • Binance USD (BUSD) traded up 0% against the dollar and now trades at $1.00 or 0.00001718 BTC.
  • Chainlink (LINK) traded 3.7% higher against the dollar and now trades at $25.97 or 0.00044607 BTC.
  • Polygon (MATIC) traded 2.4% higher against the dollar and now trades at $1.32 or 0.00002639 BTC.
  • Polygon (MATIC) traded 0.8% lower against the dollar and now trades at $1.25 or 0.00002142 BTC.
  • Axie Infinity (AXS) traded down 0.3% against the dollar and now trades at $122.67 or 0.00210699 BTC.
  • DREP (DREP) traded 21% lower against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded 19.5% lower against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • FTX Token (FTT) traded 0.8% higher against the dollar and now trades at $54.22 or 0.00093140 BTC.
  • Dai (DAI) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001719 BTC.

About Golem

GLM is a coin. It launched on November 17th, 2016. Golem’s total supply is 1,000,000,000 coins. 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 /r/GolemProject and the currency’s Github account can be viewed here. Golem’s official website is golem.network.

According to CryptoCompare, “The Golem Network is a decentralized computation network. Using Golem users can buy or sell computational power from other users in a peer to peer environment. Golem is built using Ethereum smart contracts as a transaction system for nano-payments within the network. Golem Network Tokens (GNT) will serve as a secure medium for all transactions within the Golem Network. Starting 19 NOV 2020, Golem Network Token is migrating towards an ERC20 token, mainly because New Golem’s transaction framework is built on Ethereum’s Layer 2, and this scaling method requires tokens to be ERC-20. Migrate your GNT to the new, ERC-20 GLM token – step by step guide and migration options “

Golem Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Golem directly using US dollars. Investors seeking to trade Golem should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Golem using one of the exchanges listed above.

Receive News & Updates for Golem Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Golem and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.