Golem
Market Open
9 Jun, 18:37
$
0. 109700
-0.0032
-2.8344%
$
169,416 Volume
$ 0.1129
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GLMUSD Overview
GLMUSD denotes the market price of one Golem token (GLM) expressed in US dollars (USD). It reflects how much fiat currency is required to buy or sell GLM across spot markets where the token is listed.
Golem is a blockchain-based project that enables a decentralized marketplace for computing power. The protocol was developed by Golem Factory, a team launched in 2016, and initially issued its token in that year; the token underwent a migration and rebranding to the ERC‑20 GLM standard in 2020. Golem aims to connect providers of spare computing resources with users who need distributed processing, operating as a peer-to-peer network layered atop Ethereum-compatible infrastructure.
The GLMUSD rate is formed by the interaction of supply and demand on exchanges, influenced by trading volume, order-book liquidity, developer activity, and adoption of the network. Market sentiment, broader cryptocurrency trends, macroeconomic conditions and regulatory announcements also affect price discovery, as do news about protocol upgrades or partnerships.
GLMUSD serves as the primary reference for traders and investors assessing the token’s value, enabling portfolio allocation, performance measurement and execution of trading strategies. It also provides an indicator for the economic activity of the Golem network when compared against usage metrics.
Like many altcoin pairs, GLMUSD can exhibit elevated volatility and liquidity varies by venue; spreads and depth should be considered when executing larger orders.
Golem is a blockchain-based project that enables a decentralized marketplace for computing power. The protocol was developed by Golem Factory, a team launched in 2016, and initially issued its token in that year; the token underwent a migration and rebranding to the ERC‑20 GLM standard in 2020. Golem aims to connect providers of spare computing resources with users who need distributed processing, operating as a peer-to-peer network layered atop Ethereum-compatible infrastructure.
The GLMUSD rate is formed by the interaction of supply and demand on exchanges, influenced by trading volume, order-book liquidity, developer activity, and adoption of the network. Market sentiment, broader cryptocurrency trends, macroeconomic conditions and regulatory announcements also affect price discovery, as do news about protocol upgrades or partnerships.
GLMUSD serves as the primary reference for traders and investors assessing the token’s value, enabling portfolio allocation, performance measurement and execution of trading strategies. It also provides an indicator for the economic activity of the Golem network when compared against usage metrics.
Like many altcoin pairs, GLMUSD can exhibit elevated volatility and liquidity varies by venue; spreads and depth should be considered when executing larger orders.
GLMUSD Chart
GLMUSD FAQ
What is the current Golem price?
The current price is $0.109700, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.0032 (-2.8344%), showing how much the asset has moved compared to the previous close.
What is the previous close for Golem?
The previous close was $0.112900, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-2.8344%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.107200) and highest ($0.112800) prices traded during the selected period, helping assess volatility.
Why is Golem (GLM) moving today?
Price movements in Golem are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.109700) is below the previous close ($0.112900), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Golem?
You can view real-time charts, price updates, and market data for Golem (GLM) directly on this page.
