Golem is a decentralized transaction network that users can easily access. With Golem Network, users can connect with each other and share their unused resources. The GLM coin is the native cryptocurrency of the network.
What is a Golem?
Golem is described as a global, open source, decentralized and accessible “supercomputer”. This “supercomputer” is formed by combining the computing power provided by the computers of the users on the network.
“ The Golem Project Important details of the project are included in the technical article titled ”. Its emergence goal is to offer a new way of allocating idle computing power, based on demand, to those who need it. It has created a peer-to-peer (P2P) network where users join the network fairly to exploit, buy and sell processing power, and complex tasks are divided into small subtasks on the network. There is no central authority in the Golem network. No user is more or less valuable than another.
Here are the main features that make the Golem Network (GLM) project unique:
- The network allows users to easily connect and pay each other to share unused resources.
- With its cutting-edge architecture, it allows developers to create projects without facing restrictions.
- The open source platform is also flexible. It is fully programmable and supports creativity while also eliminating censorship concerns and de-platforming via an unlimited, Proxy-free network.
What is GLM Coin?
GLM coin is the cryptocurrency of the Golem network. GLM is an ERC-20 based token. Golem Network’s old token, GNT, was changed to GLM in the last months of 2020. GLM; A token used in peer-to-peer transactions to access the Golem network, make payments in exchange for calculations on the networks, and lease digital resources.
The Golem network, with its cutting-edge architecture, allows project developers to create more innovative projects. Users can share their unused computing capacity with those who need them. Users who provide this sharing can receive GLM as payment in return. Also, the Golem network is built on top of Ethereum layer 2.
GLM gives its users the ability to offer the computing power of their computers to other users who need it. In this way, it is not necessary to have that much hardware in order to perform complex and high computational operations.
Who is the Golem Founder?
Golem (GLM) was founded in April 2016 by Golem Factory, co-founded by Julian Zawitowski, Andrzej Regulski, Piotr Janiuk and Aleksandra Skrzypczak.
Looking at the history of the project, it is seen that its roots go back to very old times. In 2014, the first presentation at DEVCON0 took place. In 2015, the CEO of Golem Network presented nano payments in Ethereum at DEVCON1. By 2016, it was initially funded by DAOist. In November, Golem Network became one of the first projects to be crowdfunded for its construction. In the following years, it continued on its way with new applications and developments.
How and Where to Get a Golem?
Golem coin is bought through cryptocurrency exchanges where it is listed. These exchanges allow users to buy or sell cryptocurrencies with dollars, euros or other fiat currencies. For example, exchanges such as Binance, Coinbase, Bittrex can also be used in our country. In addition, if you want to buy your crypto money directly, you can buy it with a credit card through internet banking of banks in Turkey. However, first of all, you should know how to use, store and invest cryptocurrencies, and of course, you should know which exchanges you are involved in for buying GLM coins.
To buy Golem coins, the following steps must be followed:
- Registering on a crypto exchange: First of all, you must register with one of the exchanges where GLM is located. This process usually includes basic information such as first name, last name, email and phone number.
- Authentication: Many exchanges require authentication. This process usually requires you to upload a photo or one side of your ID.
- Deposit: You can use many methods to deposit money on the exchange. For example, credit card, bank transfer, e-wallet.
- Buying cryptocurrencies: After making a deposit, you can place a buy order to buy GLM tokens. This order will be executed between a certain price and quantity.
- Storing cryptocurrencies: You need to create a wallet to store Golem tokens. These wallets can be provided by exchanges or downloaded as personal wallets, called external wallets.
- Tracking cryptocurrencies: To track the GLM asset, you can use exchange or wallet applications. These apps show the value of your cryptocurrencies and on which exchanges they are traded.
GLM Market Information
Market data shows important variables such as Golem price, volume, supply and demand. These data can be used to predict the future performance of the GLM token. These data, obtained from various sources, are generally accessible over the internet. For example, sites like Coinmarketcap and CoinGecko can be used to track the prices, volume and other data of digital currencies.
How Many Golem Coins Are There, How Much Is The Supply?
The digital currency supply refers to how much a digital currency currently has or how much will be produced in the future. Supply is usually defined as the total amount of a digital currency, and some coins may be in limited supply. For example, the supply of Bitcoin is limited to 21 million units and all these Bitcoins are mined over time. This limited supply could cause Bitcoin’s value to increase over time. The supply of some crypto assets can be unlimited. So how many Golem coins are there before investors buy Golem? seeks the answer to the question.
Accordingly, Golem coin has a circulating supply of 1 billion units. The entire supply is in the hands of users and circulating on cryptocurrency trading platforms.
How Many Highs Has Golem Coin Seen?
The highest level of crypto assets is called ATH. ATH stands for All Time High in English; which means an all-time high. The Golem ATH level represents the highest level this coin has ever seen. In other words, for those who will also invest in GLM, the question of what is the potential of this token will be answered and create a foresight.
The highest ATH price of Golem Coin was seen as 1.32 USD on April 13, 2018.
How Many Lows Has Golem Coin Seen?
Users who will invest in GLM have seen the lowest amount of Golem coin? They are wondering the answer to the question. Because knowing the lowest level that can fall in any purchase situation will create an investment plan for a coin. The lowest price in crypto, called ATL, is short for All Time Low.
The lowest ATL price of Golem coin was recorded as 0.009 USD on 12 December 2016.
GLM Coin Price
GLM coin price is determined by supply and demand. Supply refers to how much a digital currency currently has, while demand refers to how valuable people believe that digital currency is. If supply is low and demand is high, the price will be high. If supply is high and demand is low, the price will fall.
The Golem token price can also be affected by external factors such as worldwide news, regulations, and government decisions. For example, government bans on cryptocurrencies may lower prices, while government incentives for cryptocurrencies may raise prices.
All this causes cryptocurrencies to be volatile and cause prices to change quickly. That’s why it’s recommended to use various sources to keep track of the prices of digital currencies in general.
The current price of Golem coin is as follows:
Golem (GLM)
On Which Exchanges Is Golem Available?
To buy cryptocurrencies on exchanges, you must first register with a crypto exchange. After signing up, you can buy your cryptocurrencies with fiat money (USD, EUR, etc.) or other cryptocurrencies available on the exchange. These transactions usually require a bank account or credit card. Cryptocurrency exchanges include popular options such as Binance, Coinbase, Kraken.
Foreign and domestic exchanges where the GLM token takes place are as follows:
- Binance
- BtcTurk
- bitay
- Poloniex
- bithumb
- KuCoin
- Uniswap (V2)
- Coinbase Exchange
- Bitfinex
- OKX
- Huobi
- Gate.io
GLM Coin Review
Cryptocurrency reviews contain opinions and reviews about cryptocurrencies. These comments often contain predictions about future price movements, technologies, or other characteristics of cryptocurrencies. Comments are used to evaluate the future performance of cryptocurrencies in relation to crypto investors, analysts, experts or current events.
Cryptocurrency comments are often featured on cryptocurrency exchanges, forums, social media or news sites. These reviews can help users make trading decisions, but they can also be misleading or misleading. Therefore, investors should be careful when reading GLM coin reviews and make the decisions that are appropriate for them.
