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Price Analysis

Golem Price Analysis: Is Golem (GNT) All Set For A Bullish Future?

  • One of the stable coins with a great future in the crypto world
  • Graphene release to bring about significant positive changes
  • Circulating supply is at 963,622,000 GNT.

Golem (GNT) incepted in 2016, is a decentralized marketplace on the blockchain network focusing on the area of cloud computing. It makes it possible for an operating system to run applications of a different system. The release of the much-anticipated Graphene in July 2019 is as per plan and has been successful in increasing the curiosity of investors and traders in the coin. The development of Graphene is going the right way and looks very promising with more and more participants in development. Golem’s team is also working on improving its technology and widening user accessibility.

 Latest Statistics Of Golem:

Golem Price Chart - 12 June

As on June 12, 2019, at 5:29:45 UTC, the market price of GNT is $0.09. The current market cap is around $ 97,322,581 and 24 h volume is at $ 6,129,508. GNT fetched a great ROI of 571.02 %, indicating that it has constantly been giving great returns on investment. The coin’s current rank is seventy-seven in the crypto market. 90 Day High/Low is $0.118075/$0.065322.

Golem Price Comparison:

As per the 3-month comparison, the price was as high as $0.11 on April 3, 2019, and low of $ 0.07 as on 10th May 2019. The price movements as compared to the current price of $0.09 was to the extent of -18.18% less and 22.22% more than the respective high and low prices, indicating that GNT is heading towards a slow and steady rise.

Golem Price Prediction:

Golem’s key partnerships, recently with Things Lab (ITL) on Graphene, is making investors sit up and take notice of the coin. Golem, being one of the most well-funded crypto projects, has given results as anticipated. The team is well managed and has been continually working on making Golem a success story in the blockchain world. Golem’s user-friendly features make it a popular coin among the ever-expanding user base. These factors should work in favor of GNT and improve its price and standing in the market. Analysts feel that by working in an area which has ample scope for development, Golem has made its intention clear to its competitors, the upward price movements over the past months is an indicator. Analysts expect GNT to have a price surge in the range of $ 0.12-$0.13 by December 2019.

Conclusion:

Golem is a coin of the future and a significant investment from a long-term perspective. Investors should consider all the facts before investing and should not look at only short-term prospects. Let’s wait and see if Graphene’s release works wonders for the coin’s future in the crypto world.

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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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