Golem Price Tops $0.22 on Exchanges (GLM)

Golem (GLM) traded 5.6% lower against the US dollar during the one day period ending at 12:00 PM E.T. on January 20th. Over the last seven days, Golem has traded down 35.7% against the US dollar. One Golem token can now be purchased for $0.22 or 0.00000247 BTC on exchanges. Golem has a market capitalization of $222.77 million and approximately $10.67 million worth of Golem was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over 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 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 4.4% against the dollar and now trades at $90,695.84 or 0.99733289 BTC.
• SolvBTC (SOLVBTC) traded 2.9% lower against the dollar and now trades at $90,377.91 or 1.00346709 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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.

Golem Profile

Golem launched on November 11th, 2016. Golem’s total supply is 1,000,000,000 tokens. Golem’s official Twitter account is @golemproject and its Facebook page is accessible here. 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.

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 currently possible to purchase alternative cryptocurrencies such as Golem directly using US dollars. Investors seeking to trade Golem should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Golem using one of the aforementioned exchanges.

GLM/USD price chart by TradingView