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Golem

GLM

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About Golem

GLM is an Ethereum token that allows users to pay or receive payment for resources via the Golem protocol. The protocol aims to allow participants in the network to loan out their computer’s spare processing power to others.

Golem (GLM) is a decentralized computation network that strives to distribute excess computing power to those who need it. Initiated in 2018 by Golem Factory, the network operates on a peer-to-peer basis, allowing users to exchange computation. In this network, every user is equally important, and there's no central authority. The Golem Network Token (GNT), now migrated to GLM, is the currency that facilitates the marketplace. Users, known as Requestors, set a bid for an amount of GLM they are willing to give in exchange for their tasks being completed. Providers, on the other hand, receive GLM by computing tasks for Requestors.

Market

Market stats

Market cap

$413.0M

Volume (24h)

$10.3M

Circulating supply

1.0B GLM

Typical hold time

14 days

Popularity

#169

All time high

$1.25

Price change (1h)

-0.54%

Price change (24h)

-0.96%

Price change (7d)

+15.12%

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Social

Some highlights about Golem on social media

292 unique individuals are talking about Golem and it is ranked #503 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Golem has an average sentiment score of 4.3 out of 5. Finally, Golem is becoming more newsworthy, with 0 news articles published about Golem. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about Golem. There were 51.39% of tweets with bullish sentiment compared to 12.5% of tweets with a bearish sentiment about Golem. 36.11% of tweets were neutral about Golem. These sentiments are based on 72 tweets.

On Reddit, Golem was mentioned in 3 Reddit posts and there were 9 comments about Golem. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

292 people

Volume rank

#503

Average Sentiment

4.3 out of 5

Twitter

Reddit

Post Score

1,063

Comment Score

1,138

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Golem is on the rise this week.

The price of Golem has decreased by 0.54% in the last hour and decreased by 0.96% in the past 24 hours. Golem’s price has also risen by 15.12% in the past week. The current price is $0.41 per GLM with a 24-hour trading volume of $10.27M. Currently, Golem is valued at 67.04% below its all time high of $1.25. This all-time high was the highest price paid for Golem since its launch.

The current circulating supply of Golem is 1,000,000,000 GLM which means that Golem has as total market cap of 1,000,000,000.

FAQ

What is the current price of Golem?

We update our Golem to USD currency in real-time. Get the live price of Golem on Coinbase.

What is the market cap of Golem?

The current market cap of Golem is $413.01M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Golem?

The all-time high of Golem is $1.25. This all-time high is highest price paid for Golem since it was launched.

What is the 24 hour trading volume of Golem?

Over the last 24 hours, the trading volume of Golem is $10.27M.

What other assets are similar to Golem?

Assets that have a similar market cap to Golem include Orbler, Basic Attention Token, Moonbeam, and many others. To see a full list, see our comparable market cap assets.

How many Golem are there?

The current circulating supply of Golem is 1 billion.

What is the typical holding time of Golem?

The median time that Coinbase customers hold Golem before selling it or sending it to another account or address is 14 days.

What is the relative popularity of Golem?

Golem ranks 198 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Golem?

Currently, 88% of Coinbase users are buying Golem. In other words, 88% of Coinbase customers have increased their net position in Golem over the past 24 hours through trading.

Can I buy Golem on Coinbase?

Yes, Golem is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Golem guide.

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