Golem (GLM) Tops 24 Hour Trading Volume of $15.94 Million

Golem (GLM) traded 13.6% lower against the U.S. dollar during the 24 hour period ending at 22:00 PM E.T. on August 4th. One Golem token can currently be purchased for approximately $0.25 or 0.00000467 BTC on major cryptocurrency exchanges. In the last week, Golem has traded down 25.8% against the U.S. dollar. Golem has a market capitalization of $251.84 million and $15.94 million worth of Golem was traded on exchanges in the last day.

Here is how other 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.
• 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.
• 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 down 2.4% against the dollar and now trades at $0.0120 or 0.00000022 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 5% lower against the dollar and now trades at $0.0770 or 0.00000132 BTC.

About Golem

Golem’s genesis date was November 11th, 2016. Golem’s total supply is 1,000,000,000 tokens. The Reddit community for Golem is https://reddit.com/r/golemproject and the currency’s Github account can be viewed here. Golem’s official message board 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.

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 possible to purchase alternative cryptocurrencies such as Golem directly using U.S. dollars. Investors seeking to trade Golem should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, 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