Golem (GLM) One Day Trading Volume Tops $11.96 Million

Golem (GLM) traded down 2.2% against the US dollar during the 24 hour period ending at 0:00 AM E.T. on June 6th. One Golem token can now be purchased for about $0.49 or 0.00000686 BTC on popular exchanges. Golem has a market cap of $487.96 million and approximately $11.96 million worth of Golem was traded on exchanges in the last day. Over the last seven days, Golem has traded down 4% against the US dollar.

Here is how other cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded 2% higher against the dollar and now trades at $0.26 or 0.00000360 BTC.
  • 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 down 2.2% 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 up 0.3% against the dollar and now trades at $0.0102 or 0.00000014 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Golem Profile

Golem’s launch 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 website 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.”

Buying and Selling Golem

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

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