Golem Tops 24-Hour Trading Volume of $5.72 Million (GLM)

Golem (GLM) traded 1.9% higher against the US dollar during the twenty-four hour period ending at 11:00 AM Eastern on August 31st. Golem has a total market cap of $280.38 million and approximately $5.72 million worth of Golem was traded on exchanges in the last day. One Golem token can now be bought for approximately $0.28 or 0.00000475 BTC on exchanges. In the last week, Golem has traded 18.5% lower against the US dollar.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 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.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 3.6% lower against the dollar and now trades at $0.0497 or 0.00000084 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Golem Profile

Golem launched on 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 website is golem.network. Golem’s official message board is blog.golemproject.net. 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.”

Buying and Selling Golem

It is usually not possible to buy alternative cryptocurrencies such as Golem directly using US dollars. Investors seeking to trade Golem should first buy 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 buy Golem using one of the aforementioned exchanges.

GLM/USD price chart by TradingView