Golem is a flexible, open-source platform for democratized access to digital resources. You can rent your idle resources and get paid in $GLM tokens. This might be worth your time as the token has been listed in many exchanges and recently in KuCoin.
The price of Golem crypto was up 68 percent sometime in the last week of February and trading at US$ 0.475 per token. Since its launching, its volume soared over 8000%.
Today’s Golem price is $0.407767 USD with a 24-hour trading volume of $8,250,865 USD. Golem is down 2.11% in the last 24 hours. The current CoinMarketCap ranking is #142, with a live market cap of $407,766,973 USD. It has a circulating supply of 1,000,000,000 GLM coins and a max. supply of 1,000,000,000 GLM coins.
What’s the future for Golem, and why should that matter to you? Golem has created the first global market for idle computing power. The Golem team excitedly announced this March’s GLM Rewards Program awardees. No doubt, future applications being built on Golem are worth the watch. Golem Gained 15.41% a month ago and is leading the charts. Let’s see what’s in store for this coin.
What is Golem cryptocurrency?
GLM is an ERC-20 token (based on Ethereum). GLM is a utility token used to gain access to the Golem Network. It is the money utilized in peer-to-peer transactions for renting idle digital resources such as spare computing power. GLM is currently available on big centralized exchanges, Uniswap, and other exchanges.
What is the GNT to GLM migration process?
GNT is being replaced by GLM. The contract address has been modified from: 0xa74476443119a942de498590fe1f2454d7d4ac0d to 0x7DD9c5Cba05E151C895FDe1CF355C9A1D5DA6429.
GNT, the old coin of the Golem Network, started its transition to GLM towards the conclusion of 2020. The migration is continuing and has no set end date. Users may switch from GNT to GLM at a 1:1 ratio. The transition is gradual and will eventually lead to the same maximum total supply of 1,000,000,000 tokens.
Source: Blog.Golem
How does GLM function?
The two most important nodes in the Golem network are the requestor and the supplier. A Golem network member that provides hardware resources in exchange for Golem tokens is known as a provider. Almost any computer may act as a provider.
Source: Coincentral
After a provider has placed their available computing power in the marketplace, Golem employs an identical approach to find requestors.
When compared to Amazon Web Services, developers get more straightforward access to the network. Because of Golem’s low entry-barrier policy, developers may pay per usage rather than long-term subscriptions.
Price history of Golem
The cryptocurrency’s present value has dropped by -0.19 percent in the last 24 hours. When we compare the current market capitalization of the GNT to the previous day’s market cap, we can observe that the market cap is likewise down.
The GNT rising trend during the previous seven days made it increase by 1.99 percent. Golem has recently portrayed a lot of promise, and now may be an excellent time to get in and invest.
Source: CoinGecko
GNT’s price has dropped by -90.401 percent in the previous month, removing a substantial average amount of $0.49 from its present worth. This abrupt drop indicates that the currency is now slumped, suggesting that it might be an excellent purchase opportunity for a quick investment.
The price was between a minimum price of $0.12 and a maximum price of $0.12 during the last 90 days, resulting in a -54.92 percent price change.
In the last four months, Golem has dropped by -54.92 percent, with the most excellent average price of the currency being around $0.12 and the minimum price around $0.12.
Roadmap for Golem
Source: Twitter
Technical analysis of the Golem network token
Even though 100 percent correct technical analysis for Golem Network Token is unlikely based on historical data, you can check the real-time summed GNT buy-and-sell rating for a specified period on this sophisticated technical analysis tool by TradingView. The analysis for GNT/USD is derived from the most often used technical indicators, which are Moving Averages, Oscillators, and Pivots.
Source: Tradingview
Fundamental analysis of the Golem network coin
Source: Coingecko
Golem price forecast/predictions for 2022-2030
Golem Price Predictions 2022 – 2030
Cryptopolitan
Note: All values in USD.
GLM Price Prediction 2022
With major plans to expand Thorg, the Golem mining platform, to accommodate new features such as gaming, better UI customization and more mining CPU engines, we anticipate Golem value to grow exponentially this year to reach $0.67. Volatility will however push Golems’ value to unprecedented prices.
GLM Price Prediction 2023
With a complete Golem dAPP stack, navigating the Golem ecosystem will be much easier for both users and developers. The stacks like lego code will enable devs to plug into DEX’s and Oracles while using the Golem ecosystem. GLM price will reach and pass $1 to a maximum price of $1.14.
GLM Price Prediction 2024
Our GLM price analysis indicates Glm will break its previous high of $1.25. In bullish markets, it will trade as high as $1.66 setting a new ATH. Glm price will average $1.40 for the year.
GLM Price Prediction 2025
Based on historical data and the growth of the Golem ecosystem, we project the Glm price will continue to rise potentially achieving 50% gains from the previous year to sell at an average price of $2.09.
GLM Price Prediction 2026
Cryptocurrency market licensing by various institutions will improve investor confidence in cryptocurrencies. Good market sentiment will result in Alt seasons that will inherently impact the value of Golem. Glm price will reach a minimum price of $2.84, a maximum price of $6.92 while averaging at $2.95.
GLM Price Prediction 2027
Golem forecast charts show the future price of Glm trading above $4 with strong support levels at the $3.6 mark. In quiet market conditions, we expect the value of Glm to hover at $4.08.
GLM Price Prediction 2028
By 2028 we anticipate Golem to be deep-rooted into the Web3, Metaverse, lending, P2E gaming, decentralized exchanges and NFT space. Golem will be used interchangeably to incentivise the entire ecosystem. During the period Golem will be selling at an average trading price of $5.87.
GLM Price Prediction 2029
GLM price will continue steep growth into 2029 registering 100% growth from 2028. Glm will benchmark at $10 before a reversal to average at $8.69.
GLM Price Prediction 2030
In the future of Web 3, cryptocurrency utility will define or break the value of the cryptocurrency. Innovations on Eth will be crucial to Golem, and while they are set to happen we anticipate Golem to reach $13.25.
Golem price forecast/predictions for 2022-2030
If you’re seeking Golem price predictions for 2022, 2023, 2024, 2025, and 2030, and would like to know where the prices of Golem (GNT) would be in the future? We’ll look at GNT’s pricing and see what experts think about its potential price movements.
Please bear in mind that this forecast, like all others, should be viewed with the understanding that it is only the opinion of some market experts/analysts.
Not to add that anticipating anything that precise is impossible. But we shall give it our all. Let’s get started.
GLM price prediction by WalletInvestor
According to WalletInvestor, GLM is an awesome long-term (1-year) investment. GLM can be a profitable investment option. On 10th January 2022, GLM is at $0.4011 USD. If you buy Golem for 100 dollars today, you will get a total of 249.290 GLM. A long-term increase is expected, with the price at $2.021 US Dollars on 9th January 2027. With a 5-year investment, the revenue is expected to be around +403.86%. Your current $100 investment may be up to $503.86 in 2027.
Source: Walletinvestor.com
GLM Price Prediction by TradingBeasts
From the tabular values of GLM, we can see a conservative trend reflecting the consistent community support for the coin and increasing interest by investors, echoing WalletInvestor’s forecast that it will be an awesome year-long investment. Your initial investment of $100 today on GLM will increase by 47% in 4 years or a return of $47 for every $100.
Source: TradingBeasts.com
These figures illustrate that predictions for the future of Golem Network Token (GLM) are quite variable. On the subject of potential GLM price fluctuations, there is no consensus. The Golem Network Token’s future development depends on a range of factors, including announcements, new Golem Network Token innovations, the crypto ecosystem in general, legal status, and so on. Before investing in any cryptocurrency, we recommend that you do your research.
GLM Price Prediction by DigitalCoinPrice
The chart by DigitalCoinPrice shows a slow increase for the first three years, a slight uptrend in the 4th year but a dip in the 5th year. By 2027, GLM passes $1.17 and starts uptrending for a 212% price increase by 2029. Your $100 investment will bring you a revenue of $212.
GLM Price Predictions by Cryptopolitan
GLM Price Prediction 2022
With major plans to expand Thorg, the Golem mining platform, to accommodate new features such as gaming, better UI customization and more mining CPU engines, we anticipate Golem value to grow exponentially this year to reach an average trading value of $0.67. Volatility will however push Golems’ value to unprecedented prices.
GLM Price Prediction 2023
With a complete Golem dAPP stack, navigating the Golem ecosystem will be much easier for both users and developers. The stacks like lego code will enable devs to plug into DEX’s and Oracles while using the Golem ecosystem. GLM price will reach and pass $1 to a maximum price of $1.14.
GLM Price Prediction 2024
Our GLM price analysis indicates the crypto will break its previous high of $1.25. In bullish markets, it will trade as high as $1.66, setting a new ATH. GLM price will average $1.40 for the year.
GLM Price Prediction 2025
Based on historical data and the growth of the Golem ecosystem, we project the GLM price will continue to rise, potentially achieving 50% gains from the previous year to sell at an average price of $2.09.
GLM Price Prediction 2026
Cryptocurrency market licensing by various institutions will improve investor confidence in cryptocurrencies. Good market sentiment will result in Alt seasons that will inherently impact the value of Golem. GLM price will reach a minimum price of $2.84, a maximum price of $6.92 while averaging at $2.95.
GLM Price Prediction 2027
GLM Price Prediction 2028
Golem forecast charts show the future price of GLM trading above $4 with strong support levels at the $3.6 mark. In quiet market conditions, we expect the value of GLM to hover at $4.08.
By 2028 we anticipate Golem to be deep-rooted into the Web3, Metaverse, lending, P2E gaming, decentralized exchanges and NFT space. Golem will be used interchangeably to incentivize the entire ecosystem. During the period, Golem will be selling at an average trading price of $5.87.
GLM Price Prediction 2029
GLM price will continue steep growth into 2029, registering 100% growth from 2028. GLM will benchmark at $10 before a reversal to average at $8.69.
GLM Price Prediction 2030
In the future of Web 3, cryptocurrency utility will define or break the value of the cryptocurrency. Innovations on ETH will be crucial to Golem, and while they are set to happen we anticipate Golem to reach a maximum value of $14.57 in 2030.
Conclusion
The development of the Golem token has always depended on innovations, partnerships, the crypto ecosystem, and many other things. Considering Golem developers were busy in 2021 and made a couple of advancements. Plans are already in motion to create more innovations and developments this year, and we can say that we expect Golem (GLM) to make significant improvements soon. If the crypto ecosystem is favorable, the progress might be geometric. However, this is not financial advice, and you are advised to do your research before venturing into the token.
With the rewrite of Golem, they’re migrating from the GNT token to the new ERC-20 compliant GLM token that enables Golem to leverage layer 2 solutions for payments, decentralized exchanges, and DeFi. They are in contact with major exchanges and the Golem team is supporting them through the migration process.
FAQs about GLM
Is it a good time to invest in Golem (GLM)?
There should be a price rise in Golem due to their scarcity. Keep in mind that every investment has a degree of risk involved it. Before forming any conclusions, invest in what you are sure of its fundamentals and do as much research as possible.
Will Golem (GLM) get back to its ATH?
There is every likelihood of Golem (GLM) returning to its all-time high of $1.25 as early as 2024. Experts don’t expect it to get to 2022, as significant partnerships and developments are expected for 2022.
Will Golem (GLM) reach $5?
Golem (GLM) has every potential to get to the $5-mark. Experts expect the token to achieve this potential in due course, but it all depends on the behavior of major coins in the market. It also depends on the interest of stakeholders. So, experts are hopeful the two things listed above favor the token in the long run.
What will be the price of Golem (GLM) in 2025?
We expect Golem to be trading at an average price of $2.09 in 2025
Is Golem (GLM) a good investment, will Golem’s price drop?
According to the data, long-term investing in Golem (GNT) seems to be a smart move. The forecast for the Golem during the next five years or more is referred to as “long-term.”
Is GLM’s fate yet to be determined?
A Golem crash is not expected based on our system’s prediction.
Where I can find Golem (GLM) at its current price?
Listed here are the places where you may trade Golem for other currency (GNT)
Source: https://www.cryptopolitan.com/golem-price-prediction/