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Price Analysis

Golem (GNT) Price Analysis: Will Graphene Carve The Success Saga for Golem?

  • Key business tie-ups a major attraction
  • Graphene release expected in July 2019 to boost GNT’s marketability on a grand scale
  • One of the most well-funded crypto projects

Golem is a cryptocurrency based on the Ethereum blockchain. It is a supercomputer on the blockchain network that works on cloud-computing. Future releases in the ecosystem will bring major improvements in terms of flexibility and greater transaction speed. These solutions will make GNT a handy competitor for applications using cloud-computing.

Golem Coin Latest Statistics:

On June 11, 2019, current statistics at 5:04:23 UTC is mentioned below

Golem price chart - june 11

  • The market price of Golem is $ 0.10. There has been a slight fluctuation in price from the last close to the extent of 0.20%.
  • Current market cap is $ 97,499,372 and 24-Hour volume is $ 4,444,391
  • For a Circulating Supply of 963,622,000 GNT, ROI is a massive 572.24%
  • 30 Day High/Low is $0.118075 / $0.070236

GNT Price Comparison:

Over the past month, the price of Golem was trading as high/low as $0.11 on May 16, 2019, and $ 0.07 on May 12, 2019. This price movement has been to the tune of -9.09% / 4.29% as compared to today’s price of $0.10. The above comparison shows that the price of GNT has been moving steadily in the upward direction. With all the recent developments taking place in the coin, the price is further set to go upwards.

Golem Price Prediction:

Graphene development has evinced much interest in the crypto world, with more contributors coming on board. This shows that the project is something to watch out for and will bring about a major change in the global business arena. Developers are continually working on enhancing the technology making it more user-friendly in terms of faster speed and flexibility. The price movements over the past month have also been positive. Golem has been slowly making its mark on the blockchain platform. Though the 2018 market volatility affected Golem like the other cryptocurrencies, it still stood its ground. Its been one of the more stable coins. Experts believe that GNT holds good promise, and more is yet to come from this coin. They feel that considering the stable nature of the coin and recent developments taking place, the price of the coin should be moving towards a range of $0.12-$0.13 by the 2019 year and further to around $0.15 by 2020.

Conclusion:

Golem is a coin to watch out for. Though the short-term outlook is a little bearish, still the coin has been moving at a steady pace. A good investment for a long-term investor. A David in the land of Goliaths, competing against the cloud-computing industry heavyweights.

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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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