Golem Network Token (GLM) is the native cryptocurrency of the Golem Network, a decentralized, open-source platform that provides computing power to the AI industry through a peer-to-peer marketplace ¹ ² ³.$GLM
*Key Stats:*
- _Market Capitalization_: $341 million ¹
- _Circulating Supply_: 1 billion GLM ¹
- _Total Supply_: 1 billion GLM ¹
- _24-hour Trading Volume_: $49.7 million ³
*What is Golem Network?*
Golem Network is building an ecosystem to provide computing power to the AI industry. It's a decentralized platform that connects users worldwide, enabling them to share their unused computing power or access additional resources as needed ².
*How does GLM work?*
GLM is needed to pay for computations on the network and is the currency that drives the marketplace. As a Requestor, you set a bid for an amount of GLM you are willing to pay to have your task completed. As a Provider, you earn GLM by computing tasks for Requestors ³.
*Where to buy GLM?*
You can trade GLM tokens on centralized crypto exchanges like Upbit, Binance, and Bitget ³.
*Price Performance:*
Golem's price has increased by 3.7% in the last 24 hours and 20.8% in the past 7 days ³. Its all-time high was $1.32, recorded on April 13, 2018 ³.