Golem

GLM Price

What Is Golem Network?

Golem Network is an open-source, decentralized computing platform that is building an ecosystem to provide computing power to the AI industry. A peer-to-peer marketplace for distributed computing resources. Users engage directly on the Golem platform, exchanging GLM tokens for the utilization of their idle computing resources.

Golem allows to break down tasks into smaller subtasks and distribute them across multiple providers, enabling parallel processing. This approach boosts efficiency and speeds up the completion of complex computations.

What is GLM?

GLM or Golem Network Token is needed to pay for computations on the network and is the currency that drives the marketplace. As a Requestor, you set a bid for an amount of GLM you are willing to pay to have your task completed. As a Provider, you earn GLM by computing tasks for Requestors.

How can I get involved?

If you want to stay up to date with the latest developments and updates, join the Golem Network Discord community here: https://chat.golem.network/

On Discord you can also find support to become a Provider or a Requestor in the Golem platform.

Where can you buy Golem?

GLM tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Golem is Deepcoin, where the most active trading pair GLM/USDT has a trading volume of $352,705.95 in the last 24 hours. Other popular options include Binance and Ourbit.

What is the daily trading volume of Golem (GLM)?

The trading volume of Golem (GLM) is $2,237,035.83 in the last 24 hours, representing a -42.70% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Golem (GLM)?

Golem (GLM) reached an all-time high of $1.32 and an all-time low of $0.009138. It’s now trading -89.90% below that peak and 1,360.40% above its lowest price.

What is the market cap of Golem (GLM)?

Market capitalization of Golem (GLM) is $133,445,151 and is ranked #244 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of GLM tokens (1 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Golem (GLM)?

The fully diluted valuation (FDV) of Golem (GLM) is $133,445,151. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion GLM tokens are in circulation today. Depending on how the emission schedule of GLM tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Golem compare against its peers?

With a price increase of 2.90% in the last 7 days, Golem (GLM) is outperforming the global cryptocurrency market which is down -2.60%, while outperforming when compared to similar Artificial Intelligence (AI) cryptocurrencies which are up 1.80%.

How to add Golem (GLM) to MetaMask?

Adding Golem (GLM) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import GLM as a token. You can copy GLM’s contract address (0x7dd9c5cba05e151c895fde1cf355c9a1d5da6429) and import it manually, or if you've installed MetaMask's chrome extension, add GLM to MetaMask with one click on CoinGecko.

Add GLM to MetaMask.