Golem Self Reported Market Capitalization Tops $247.76 Million (GLM)

Golem (GLM) traded 4.5% higher against the dollar during the one day period ending at 13:00 PM Eastern on June 10th. One Golem token can currently be bought for $0.25 or 0.00000227 BTC on major cryptocurrency exchanges. In the last seven days, Golem has traded up 0.8% against the dollar. Golem has a market cap of $247.76 million and approximately $7.94 million worth of Golem was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

  • 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Central African Republic Meme (CAR) traded 25.2% higher against the dollar and now trades at $0.0510 or 0.00000047 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • SolvBTC (SOLVBTC) traded 1% higher against the dollar and now trades at $108,982.98 or 1.00065431 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 1.1% higher against the dollar and now trades at $108,862.30 or 1.00089960 BTC.
  • Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Golem Profile

Golem’s genesis date was November 11th, 2016. Golem’s total supply is 1,000,000,000 tokens. The official message board for Golem is blog.golemproject.net. The official website for Golem is golem.network. The Reddit community for Golem is https://reddit.com/r/golemproject and the currency’s Github account can be viewed here. Golem’s official Twitter account is @golemproject and its Facebook page is accessible here.

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 -“

Buying and Selling Golem

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

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