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Price Analysis

Golem Coin Price Analysis: Will GNT Be the Future for Idle Computing Resources?

  • One of the most actively developed projects on the blockchain platform
  • A transaction system based on Ethereum
  • Golem aims to build a free and decentralized platform for idle computing power
  • Graphene to be the gamechanger for Golem

Golem (GNT) is a cryptocurrency token issued on the blockchain platform. It is a marketplace for idle computing power where unused resources can be rented out and monetized on the decentralized network. GNT is rightly heralded as the “new Internet for tomorrow.” Recently, it has been much in the news for news relating to the release of Graphene – a major step in sharing advanced processing power. The coin is slowly gaining popularity worldwide.

Golem Coin Statistics:

Golem Price Chart - 13 June

On June 13, 2019, at 5:40:22 UTC, current statistics are as below:

  • The Golem Coin market price is $ 0.11
  • Current Market Cap is around $106,076,594
  • 24-hour volume is at $8,467,781
  • ROI has risen to a gigantic 631.37% at a Circulating supply is at 963,622,000 GNT.
  • 52 Week High/Low is $ 0.411678 /$ 0.053155

GNT Price Comparison:

The Golem price was trading as high as $0.11 on May 29, 2019, and low of $0.05 on Feb 6, 2019. The price movements as compared to the current Golem price of $ 0.11 was to the extent of no change / 120%. This shows that the price ascent has begun for Golem and set to continue in the future.

Golem Coin Price Prediction:

Fundamentally, GNT is considered to be one of the most useful blockchain technology launched in recent times. If handled properly, it has the dynamics to change the face of the computing landscape. All much await graphene project release in July 2019 in the crypto world. Investors have started considering this coin as a good pick for long-term investment and watching the outcomes in the coin. Being a well-funded project, GNT has picked up well and has been relatively stable ever during 2018 bear market. Its partnerships with industry giants have also evinced investors and traders’ interest in the coin. The coin is traded on popular exchanges. The market sentiment is bullish for Golem Coin, and analysts expect the coin to be in the price range of $0.12-$0.13 by the year-end. They feel that GNT has a sound technology with advanced features, and its ever-expanding customer base will also fuel further growth.

Conclusion:

The coin has been steadily moving up in the price chart. Investors can take note of this. Existing investors should look at a long-term forecast and hold the coin. For new investors, the time looks just right to buy the coin. Golem is all set to change the way internet works.

 

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Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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