Golem
ATH / ATL
24h Price
24h summary
Over the last 24 hours, Golem moved from $0.103 to $0.0971. The session high was $0.1033, the low was $0.0964, and the intraday range was $0.0069 / 6.7%.
- 24h open
- $0.103
- 24h close
- $0.0971
- 24h high
- $0.1033
- 24h low
- $0.0964
- Volatility / range
- $0.0069 / 6.7%
- Updated
Monthly Returns heatmap
Heatmap summary
Golem posted 14 positive months out of 41. The longest positive streak lasted 3 months, while the longest negative streak lasted 4 months.
- Strongest month
- Feb 2024 +80.6%
- Weakest month
- Feb 2026 -35.1%
- Longest positive streak
- 3 Sep 2023 — Nov 2023
- Longest negative streak
- 4 Mar 2023 — Jun 2023
- Luckiest calendar month
- Nov • avg 36.6% • 3 mo.
- Unluckiest calendar month
- Jun • avg -16.6% • 4 mo.
Networks
Supported exchanges
About the coin
Golem is a decentralized marketplace for computing power, enabling users to rent out their idle computing resources or utilize the computing power of others.
The Golem network operates on a peer-to-peer basis, connecting users who need computational tasks performed with those who have spare capacity to offer.
This distributed approach aims to create a more efficient and accessible market for computing resources, potentially serving a wide range of applications from scientific research to CGI rendering.
The native token of the Golem network is Golem (GLM). GLM is utilized within the ecosystem for transactions and incentivizing participation.
Users who provide computing power are typically rewarded in GLM, while those who utilize the network's resources pay in GLM.
The GLM token plays a crucial role in facilitating these exchanges and maintaining the economic balance of the Golem network.
Golem's architecture is designed to be flexible, allowing for various types of computational tasks to be processed on its distributed network.
This includes tasks that require significant processing power, which can be challenging to access or afford on traditional centralized platforms.
The project aims to democratize access to computing power, making it more readily available to a broader range of individuals and organizations.
The Golem network is built on blockchain technology, ensuring transparency and security in its operations.
The GLM token operates on the Ethereum blockchain as an ERC-20 token, indicated by its contract address.
This standard ensures compatibility with a wide range of Ethereum-based wallets and decentralized applications.
The status of Golem (GLM) is active, signifying its ongoing development and operational status within the blockchain ecosystem.
The Golem network represents an innovative approach to resource sharing and distributed computing, with GLM serving as its integral utility token.
Key aspects of the Golem network include:
- Decentralized marketplace for computing power.
- Peer-to-peer resource sharing.
- GLM token for transactions and incentives.
- Support for various computational tasks.
- Built on the Ethereum blockchain (ERC-20 token).
Trust & methodology
Last updated:
Data source: Price and volume snapshots are sourced from Binance using the GLMUSDT market feed.
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