intermediate
Golem is both a cryptocurrency and a peer-to-peer network with the GLM token serving as the internal currency. The project was initially designed as a decentralized supercomputer. Its nodes make up a single computer. They are designed to solve certain problems. The developers aim to create a global computing market as a single decentralized network. Let’s read about the cryptocurrency and compare Golem (GLM) price prediction.
Golem (GLM) Overview
Our real-time GLM to USD price update shows the current Golem price as $0.215529 USD.
According to our Golem price prediction, GLM price is expected to have a -7.03% decrease and drop as low as by May 19, 2023.
Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 68%, with a Fear & Greed Index score of 50 (Neutral).
Over the last 30 days, Golem has had 13/30 (43%) green days and 5.16% price volatility.
Golem (GLM) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Golem (GLM) Price Prediction For Today, Tomorrow and Next 30 Days
Golem Prediction Table
Golem Historical
According to the latest data gathered, the current price of Golem is $$0.21, and GLM is presently ranked No. 137 in the entire crypto ecosystem. The circulation supply of Golem is $214,736,123.27, with a market cap of 1,000,000,000 GLM.
In the past 24 hours, the crypto has increased by $0.0005 in its current value.
For the last 7 days, GLM has been in a good upward trend, thus increasing by 1.16%. Golem has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of GLM has increased by 16.67%, adding a colossal average amount of $0.04 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Golem Price Prediction 2023
According to the technical analysis of Golem prices expected in 2023, the minimum cost of Golem will be $0.1733596623. The maximum level that the GLM price can reach is $0.2057614218. The average trading price is expected around $0.2381631813.
GLM Price Forecast for May 2023
Based on the price fluctuations of Golem at the beginning of 2023, crypto experts expect the average GLM rate of $0.20227977 in May 2023. Its minimum and maximum prices can be expected at $0.1881641817 and at $0.2163953583, respectively.
June 2023: Golem Price Forecast
Cryptocurrency experts are ready to announce their forecast for the GLM price in June 2023. The minimum trading cost might be $0.1733596623, while the maximum might reach $0.2354444932 during this month. On average, it is expected that the value of Golem might be around $0.2044020777.
GLM Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of Golem in 2023 and in previous years, so the average GLM rate they predict might be around $0.2370303946 in July 2023. It can drop to $0.2358976079 as a minimum. The maximum value might be $0.2381631813.
August 2023: Golem Price Forecast
In the middle of the year 2023, the GLM price will be traded at $0.2363948915 on average. August 2023 might also witness an increase in the Golem value to $0.2370418268. It is assumed that the price will not drop lower than $0.2357479562 in August 2023.
GLM Price Forecast for September 2023
Crypto experts have analyzed Golem prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $0.2350794564. The lowest and peak GLM rates might be $0.2344540856 and $0.2357048272.
October 2023: Golem Price Forecast
Crypto analysts expect that at the end of summer 2023, the GLM price will be around $0.2337640213. In October 2023, the Golem cost may drop to a minimum of $0.233117086. The expected peak value might be $0.2344109566 in October 2023.
GLM Price Forecast for November 2023
Having analyzed Golem prices, cryptocurrency experts expect that the GLM rate might reach a maximum of $0.2330739569 in November 2023. It might, however, drop to $0.2318232154. For November 2023, the forecasted average of Golem is nearly $0.2324485861.
December 2023: Golem Price Forecast
In the middle of autumn 2023, the Golem cost will be traded at the average level of $0.231133151. Crypto analysts expect that in December 2023, the GLM price might fluctuate between $0.2304862157 and $0.2317800863.
Golem Price Prediction 2024
After the analysis of the prices of Golem in previous years, it is assumed that in 2024, the minimum price of Golem will be around $0.379962. The maximum expected GLM price may be around $0.469953. On average, the trading price might be $0.389961 in 2024.
Golem Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of Golem, in 2025, GLM is expected to have the following minimum and maximum prices: about $0.579942 and $0.669933, respectively. The average expected trading cost is $0.589941.
Golem Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of Golem and their fluctuations during the previous years. It is assumed that in 2026, the minimum GLM price might drop to $0.779922, while its maximum can reach $0.9999. On average, the trading cost will be around $0.79992.
Golem Price Prediction 2027
Based on the analysis of the costs of Golem by crypto experts, the following maximum and minimum GLM prices are expected in 2027: $1.35 and $1.15. On average, it will be traded at $1.18.
Golem Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of Golem. Based on their predictions, the estimated average GLM price will be around $1.71. It might drop to a minimum of $1.65, but it still might reach $1.94 throughout 2028.
Golem Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of Golem. It is estimated that GLM will be traded between $2.37 and $2.86 in 2029. Its average cost is expected at around $2.44 during the year.
Golem Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the Golem’s price. The year 2030 will be determined by the maximum GLM price of $4.12. However, its rate might drop to around $3.52. So, the expected average trading price is $3.65.
Golem Price Prediction 2031
After years of analysis of the Golem price, crypto experts are ready to provide their GLM cost estimation for 2031. It will be traded for at least $5.15, with the possible maximum peaks at $6.21. Therefore, on average, you can expect the GLM price to be around $5.30 in 2031.
Golem Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the Golem’s price. The year 2032 will be determined by the maximum GLM price of $8.93. However, its rate might drop to around $7.34. So, the expected average trading price is $7.55.
The Golem project was created by the Polish entrepreneur Julian Zawistowski. He realized that many active computers often stay turned on and work in idle mode. For the rational use of their capacities, Julian decided to create a pool by combining user computers into it. As a result, he created an ecosystem that can help to solve various problems at leased facilities. Users are offered passive earnings without extra effort. Each person determines how many resources (processor power, hard disk space) are leased.
Golem project team
Like many blockchain projects, Golem organized an ICO to raise funds for development. The training camp took place in November 2016. Sales ended in 20 minutes. The team raised 820,000 ETH or $8 mln at the time of sale. For every 1 ETH contributed, investors received 1000 project tokens.
The total amount of issued coins was 1 billion GLM. 82% of them were sold, and 18% the developers left for themselves. Why Golem has decided to issue so many coins? Such huge emissions can be explained by the following reasons:
Simplified block mining;Operational transactions;Low risk of illegal operations and frauds.
GLM Coin Fundamental Value
GLM (Golem Network Token) has several functions on the Golem platform:
Payments between Applicants and IT Resource ProvidersPayment to software developersCompensation of testers / validators of new software implemented on the platform.
Suppliers offer networks their capacities for various calculations. Users who need the power for certain computing act as customers and rent resources from suppliers. Using special software, customers set up a specific list of tasks for performers. When the cost suits both sides of the transaction, the automatic division of subtasks takes place.
Distribution of subtasks will be performed by computing nodes (suppliers). System participants can change their category, and switch the role from customers to suppliers. When all the fragments of the completed task are sent, a GLM payment is sent.
Software developers have their own tasks. They deal with various programmatic issues in order to improve the platform. The network provides a registry for applications. By using it, anyone can sell their own developed software. The author has the right to set the price and determine the payment option.
The creators of Golem allow everyone to rent idle capacity. It will be used to perform such tasks as:
Cgi rendering (generating graphics on a computer, for example, for special effects in films) and processing graphics on a computer;Scientific calculations: in biology (dna analysis), in mathematics (monte carlo method), in chemistry and physics (creation of materials of a fundamentally new generation);Business analytics: predicting market trends, analyzing large amounts of data;Cryptography: factorization of large numbers, support for mining pools and more;Machine learning – processing large data sets and training neural networks on them.
Information about Golem (GLM) coin
Golem has become pretty popular in crypto community thanks to the following advantages:
The platform is built on Ethereum, which allows developers to correctly write smart contracts;Attractiveness and relevance in the community of the main idea of a startup;Use of the Ethereum blockchain guarantees uninterrupted operation and system security;The platform can be used to solve a wide variety of tasks, which makes it universal;Privacy – all calculations are performed on a virtual computer. However, suppliers cannot influence processing in any way. They also do not have access to the processed information;The team includes developers who are known in professional circles;Anyone can get coins, even a person far from cryptocurrencies. To do this, simply install the desired program on the PC.
In 2019, the popularity of Golem raised together with related news. For example, in June 2019, CEO Julian Zawistowski announced the launch of a new division called the Golem Foundation.
Golem Price Analysis
According to the latest data gathered, the current price of Golem is $$0.21, and GLM is presently ranked No. 137 in the entire crypto ecosystem. The circulation supply of Golem is $214,736,123.27, with a market cap of 1,000,000,000 GLM.
In the past 24 hours, the crypto has increased by $0.0005 in its current value.
For the last 7 days, GLM has been in a good upward trend, thus increasing by 1.16%. Golem has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of GLM has increased by 16.67%, adding a colossal average amount of $0.04 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
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FAQ
Golem price now
As of now, Golem (GLM) price is $0.21 with Golem market capitalization of $214,651,043.85.
Is Golem a good investment?
Considering current bearish trend in Golem price movements, it is expected the cryptocurrency will continue meeting price decline. Please, invest wisely and don’t forget to DYOR when investing in any type of asset.
Can Golem rise?
It seems that the average price of Golem might reach $0.279972 in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $1.18. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will Golem be worth 2023?
GLM minimum and maximum prices might hit $0.269973 and $0.309969 accordingly.
How much will Golem be worth 2025?
Golem network is developing rapidly. GLM price forecast for 2025 is rather positive. The GLM average price is expected to reach minimum and maximum prices of $0.579942 and $0.669933 respectively.
How much will Golem be worth 2030?
GLM is provided with suitable environment to reach new heights in terms of price. GLM price prediction is quite positive. Business analysts predict that GLM might reach the maximum price of $4.12 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is $3.65
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
Source: https://changelly.com/blog/golem-glm-price-prediction/
