Golem
Market Open
29 May, 23:40
$
0. 209990
-0.00168
-0.7937%
$
15,104 Volume
$ 0.21167
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GNTUSD Overview
GNTUSD denotes the exchange rate between Golem (GNT) and the US dollar, expressing how many US dollars are required to buy one unit of GNT. Price updates reflect the most recent trades on markets where the token is listed and provide a real-time fiat valuation for GNT holders and prospective buyers.
Golem is a blockchain-based project designed to create a decentralized marketplace for computing power. Its original token, GNT, was issued in an initial coin offering in 2016 by the Golem development team (Golem Factory). GNT was implemented as an ERC-20 token on Ethereum and served as the payment unit for renting compute resources; the project later introduced a successor token and encouraged migration as part of ongoing protocol development.
The GNTUSD rate is formed by supply and demand dynamics across cryptocurrency exchanges, influenced by order book depth, trading volume and market-making activity. Broader market sentiment, developments in decentralized computing, Ethereum network conditions and macroeconomic factors can all affect buying and selling pressure and thus the quoted price.
GNTUSD is useful to traders and investors for valuing exposure to Golem’s token economy, executing trades, arbitrage between venues, and observing market reaction to project milestones. It also serves as a benchmark for portfolio allocation decisions involving compute-focused blockchain assets.
Liquidity and volatility can vary significantly between trading venues; spreads and trade sizes should be monitored closely when executing orders or assessing short-term price moves.
Golem is a blockchain-based project designed to create a decentralized marketplace for computing power. Its original token, GNT, was issued in an initial coin offering in 2016 by the Golem development team (Golem Factory). GNT was implemented as an ERC-20 token on Ethereum and served as the payment unit for renting compute resources; the project later introduced a successor token and encouraged migration as part of ongoing protocol development.
The GNTUSD rate is formed by supply and demand dynamics across cryptocurrency exchanges, influenced by order book depth, trading volume and market-making activity. Broader market sentiment, developments in decentralized computing, Ethereum network conditions and macroeconomic factors can all affect buying and selling pressure and thus the quoted price.
GNTUSD is useful to traders and investors for valuing exposure to Golem’s token economy, executing trades, arbitrage between venues, and observing market reaction to project milestones. It also serves as a benchmark for portfolio allocation decisions involving compute-focused blockchain assets.
Liquidity and volatility can vary significantly between trading venues; spreads and trade sizes should be monitored closely when executing orders or assessing short-term price moves.
GNTUSD Chart
GNTUSD FAQ
What is the current Golem price?
The current price is $0.209990, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.00168 (-0.7937%), showing how much the asset has moved compared to the previous close.
What is the previous close for Golem?
The previous close was $0.211670, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-0.7937%) 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 ($0.204290) and highest ($0.213990) prices traded during the selected period, helping assess volatility.
Why is Golem (GNT) 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 ($0.209990) is below the previous close ($0.211670), 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 (GNT) directly on this page.
