Golem (GLM) Price

Golem (GLM) is a utility token powering the Golem Network, a decentralized marketplace for computing power. Currently ranked #253 with a price of $0.1415, GLM facilitates peer-to-peer transactions for renting idle computing resources. The token has seen +1.36% change in the last 24 hours, with trading volume at $5.74K. GLM operates primarily on the Ethereum blockchain and has expanded to the Polygon ecosystem. With a market cap of $141.50M and a circulating supply of 1.00B GLM, GLM has a maximum supply cap of 1.00B GLM. The token supports Golem's distributed computing platform, which focuses on AI, big data processing, and Web3 infrastructure as part of the growing DePIN (Decentralized Physical Infrastructure Networks) sector. Users can earn GLM by sharing their computing resources or spend tokens to access computational power from the network.

Golem was created on November 11, 2016, as the original Golem Network Token (GNT). However, in late 2020, the project migrated from GNT to GLM, which is an ERC-20 compliant token on the Ethereum blockchain. This migration was a significant upgrade that enabled the Golem Network to better leverage Layer 2 solutions for payments, decentralized exchanges, and DeFi functionality. The token maintains its original purpose of powering the Golem Network's distributed computing platform, which focuses on AI, big data, and Web3 applications.

Golem was founded by a team of four individuals: Julian Zawistowski (CEO), Piotr Janiuk (CTO), Aleksandra Skrzypczak, and Andrzej Regulski. They established Golem Factory in 2016 to develop the Golem project, which aims to create a decentralized marketplace for computing power. The founding team has extensive experience in technology and blockchain development, with Julian Zawistowski leading the vision as the project's CEO. Since its inception, the team has been working to build a global, open-source, decentralized supercomputer accessible to anyone.

Golem (GLM) is a decentralized cryptocurrency that powers the Golem network, a peer-to-peer marketplace for computing resources. It operates on the Ethereum blockchain as an ERC-20 token. The GLM token facilitates transactions between users who need computing power (requestors) and those who provide it (providers). Here's how it works: 1. Providers rent out their unused computing resources and receive GLM as payment 2. Requestors pay with GLM to access these distributed computing resources 3. Smart contracts automatically handle payments and task distribution The network specializes in distributed computing for AI, big data processing, and Web3 applications. With a current price of $0.1415 and market cap of $141.50M, GLM ranks #253 among cryptocurrencies. The total supply is capped at 1.00B GLM, with 1.00B GLM currently in circulation. The token enables a decentralized marketplace where anyone can monetize their idle computing power or access resources without relying on centralized cloud providers.

Golem operates on a decentralized architecture that enables distributed computing across a global network of providers. The technical framework consists of: 1. ERC-20 token on Ethereum blockchain with additional support on Polygon network 2. Task template system that allows requestors to split complex computational tasks into subtasks 3. Node network where providers offer computing resources and execute tasks 4. Payment protocol using GLM tokens to compensate resource providers 5. Verification mechanism ensuring accurate task completion The architecture supports distributed computing for AI, rendering, machine learning, and data analysis. Golem's technical design prioritizes scalability and security through its smart contract implementation, allowing seamless resource sharing across the network while maintaining transaction integrity.

Golem has a promising future with a clear roadmap focused on expanding its distributed computing network. The team is developing enhanced AI capabilities, improving network scalability, and strengthening DePIN infrastructure through 2026-2027. Key milestones include protocol upgrades, new developer tools, and expanded use cases in Web3 and AI computing markets. Currently ranked 253 with a price of $0.1415, Golem aims to increase adoption through strategic partnerships and community governance initiatives. The project's long-term vision includes becoming a leading decentralized computing resource by 2031, with projected price growth potential as demand for distributed computing resources increases. The maximum supply is capped at 1.00B GLM, with 1.00B GLM currently in circulation, providing a solid tokenomic foundation for future growth.

Golem is rising due to increased adoption in decentralized computing, successful partnerships, and technological advancements in the Web3 and DePIN sectors. The current +1.36% increase reflects growing market confidence in its distributed computing platform.

Golem is currently dropping due to profit-taking by investors following a recent price surge. Market data shows +1.36% change in the last 24 hours, with trading volume at $5.74K.

Golem price could reach $0.30-0.35 by 2027, potentially hitting $0.50 by 2028 based on current market trends. GLM currently trades at $0.1415 with 253 market rank and $141.50M market cap.

Golem price movements depend on market conditions, project developments, and crypto trends. While currently ranked 253 at $0.1415, Golem could rise with increased adoption of its distributed computing network and Web3 applications. Market analysis suggests potential growth in 2027-2028.

The current price of Golem (GLM) is $0.1415. As the #253 cryptocurrency by market cap, GLM has seen a +1.36% change in the last 24 hours with a trading volume of $5.74K.

The highest price Golem has ever reached was $0.771 on November 29, 2021. This all-time high occurred approximately 3.5 years ago, representing a significant milestone in GLM's price history.

The lowest price Golem has ever been is $0.01. Since its launch in 2016, GLM has experienced significant price fluctuations, with its all-time low marking an important reference point for investors tracking its growth trajectory.

Currently, 1 GLM is worth $0.1415.

Golem is valuable as it powers a decentralized computing network that enables users to rent out idle computing resources. With a market cap of $141.50M and ranked 253, GLM facilitates efficient cloud computing services in the Web3 and DePIN ecosystems.

There are 1.00B GLM GLM tokens in circulation. Golem has a fixed maximum supply of 1.00B GLM, with all tokens already issued. This finite supply is a key characteristic of the token's economics.

Mining Golem (GLM) is not profitable for most miners due to its current price of $0.1415 and 253 market position. Profitability depends on electricity costs, mining equipment, and +1.36% price fluctuations. Consider cloud mining alternatives or staking instead.

Golem was launched on November 11, 2016. It originated as an ERC-20 token on the Ethereum blockchain and was later rebranded from GNT to GLM in November 2020.

Currently, one GLM costs $0.1415.

You can buy Golem through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy GLM at $0.1415. Crypto ATMs also offer direct purchases.

To purchase GLM, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to GLM trading pair, enter purchase amount, and confirm your transaction. Store your GLM in a secure wallet for safekeeping.

Yes, Golem is a legitimate cryptocurrency operating since 2016 on the Ethereum platform. Currently ranked #253 with a market cap of $141.50M, it powers a distributed computing network focused on AI and Web3. The project has active development and community support.

Golem (GLM) is a utility token for the Golem Network, currently ranked #253 with a price of $0.1415. It's used for peer-to-peer transactions to rent computing resources on the decentralized platform, with a total supply of 1.00B GLM.

Golem (GLM) is currently worth $0.1415 with a +1.36% change in the last 24 hours. It ranks #253 with a market cap of $141.50M and 24-hour trading volume of $5.74K.

Yes, Golem is a legitimate project. Founded in 2016, it operates on the Ethereum platform as a decentralized computing network. Currently ranked 253 with a market cap of $141.50M, Golem has established itself as a credible player in the distributed computing and Web3 space.

Golem is a decentralized network that enables users to buy and sell computing power for tasks like AI and cryptocurrency mining. Operating on Ethereum, it creates a marketplace where computational resources are traded using GLM tokens, currently ranked #253 with a price of $0.1415.