Golem Coin, after completing a significant Ethereum (ETH) sale, announced a staking initiative. The project offloaded 36k ETH to Binance and Coinbase amidst market uncertainty and makes major moves by transferring millions in ETH to centralized exchanges. It has seen a price surge to $0.5015, and the key benchmark it eyes is the $0.60 resistance.
Golem Price Predictions range from 2024 to 2030, and despite a bearish rally, the coin remains a potentially good investment.
The
Ethereum ICO project began staking over $120 million in ETH following the major sale. The market, especially Ethereum, felt the effects of Golem network's $115 million move. This move has opened up discussions on the impact of ETH futures.
Golem has been floating around as an investment option in lists predicting the
Next Cryptocurrency to explode and
Best Altcoins to invest in today. Predicted to have a great impact on ETH's price, it is interesting to see if Ethereum's price will fall after many Ethereum ICO participants sell their holdings.
Golem raised 820,000 ETH in 2016 during the ICO but now stakes around 98,016 ETH. Project built on Golem is being used to simulate creation of life on earth;
Golem vs. Render is also a topic of discussion for decentralized computing giants. Lastly, Golem remains the 10th most valuable crypto with project executives pursuing 'Riskier' research with a new non-profit.
Golem Coin News Analytics from Tue, 10 May 2016 07:00:00 GMT to Sun, 18 Aug 2024 02:30:34 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor 0
