Golem Coin (GLM), the Ethereum ICO project has seen significant movement over the recent period. The token has transferred massive amounts of ETH to exchanges like Coinbase and Binance. Reports suggest that over $337 million worth of ETH has been moved causing market anxiety amongst Ethereum investors. Amidst this, Golem Project began to stake over $120 million in ETH after a sizeable sale. They have also shipped 4,600 ETH to Binance and Bitfinex amidst a price recovery phase. Speculation on why Golem is moving huge sums of ETH to centralized exchanges continues.
Despite the market jitters, Golem continues to make its mark as an innovator. Researchers have used Golem's blockchain network to simulate the dawn of life on Earth. It has launched on Coinbase Pro in select jurisdictions and even raised 820,000 ETH in its 2016 ICO. Golem, hailed as a decentralized supercomputer, released an app enabling laptop users to mine Ethereum, although, turning a profit is not confirmed.
Golem had raised $8.6 million in under 29 minutes for its Airbnb for Computers. The coin is promising in the crypto market with a pump prediction of 55% to $0.3645. Looking to the future, price predictions harbor positive sentiments, hinting a good investment opportunity. Despite a volatile present, experts see a rising potential in cryptocurrencies, including Golem.
Golem Coin News Analytics from Thu, 08 Sep 2016 07:00:00 GMT to Fri, 11 Oct 2024 14:22:14 GMT -
Rating 6
- Innovation 8
- Information 7
- Rumor -3
