Golem (GLM) Hits Market Cap of $406.73 Million

Golem (GLM) traded down 5.5% against the US dollar during the 24-hour period ending at 14:00 PM E.T. on June 14th. Golem has a market cap of $406.73 million and approximately $25.56 million worth of Golem was traded on exchanges in the last day. One Golem token can currently be purchased for $0.41 or 0.00000624 BTC on cryptocurrency exchanges. In the last week, Golem has traded down 11.7% against the US dollar.

Here’s how related cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded down 4.1% against the dollar and now trades at $0.22 or 0.00000339 BTC.
  • 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.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% 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 down 0.1% against the dollar and now trades at $0.0104 or 0.00000016 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Golem Token Profile

Golem launched on November 11th, 2016. Golem’s total supply is 1,000,000,000 tokens. The official message board for Golem 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. The official website for Golem is golem.network. Golem’s official Twitter account is @golemproject and its Facebook page is accessible 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 currently possible to purchase alternative cryptocurrencies such as Golem directly using US dollars. Investors seeking to acquire Golem should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Golem using one of the aforementioned exchanges.

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