Golem (GLM) price rallies 230% to hit a 3-year high after protocol upgrade
Golem price has rallied 230% since the start of February and on-chain data shows an uptick in active addresses and transfers. Over the past few weeks Golem (GLM) price saw a strong rally which pushed the token to a 3-year high at $0.65. The altcoin also underwent a strong pump on Feb. 19, but most of the gains evaporated as Bitcoin (BTC) corrected below $45,000 over the past three days. Nevertheless, GLM still holds a 230% gain in February alone.Golem is an Ethereum decentralized application that enables users to rent out computing-power resources. Since November 2020 the project has been....
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Decentralized global market for computing power, Golem, has announced that its Golem Network Token (GNT) crowdsale will begin on Nov. 11. The announcement claims that the token is a crucial element of the Golem network, and is designed to ensure flexibility and control over the future evolution of the project. Eddy Azar of Golem Project, tells Cointelegraph that the network, which will kick off fully in about six months time, shall be available for any computer to connect to by simply downloading a given program. The Promise of a Supercomputer. Golem has been described by its creators as a....
Many cryptocurrencies recorded price fall in the past 24 hours. For instance, Bitcoin prices have fallen by 1.65% in the past 24 hours. Even though the 7-day gain shows a 3.23%, the current level is not encouraging. Ethereum hasn’t fared well, either. Its 1-hour trend shows a 0.99% loss, while the 24 hours level indicates a 1.76% fall. Looking at ETH 7 days price movement, the crypto has lost 7.02%, which is surprising given the hype around the Merge. Related Reading: Displaced ETH Miners Seek Refuge In Ethereum Classic, Ravencoin Tether USDT shows all red in 1 hour, 24 hours, and 7....
WARSAW, Poland — Golem wants to provide what it calls the “Airbnb for computers,” a first-of-its-kind decentralized market for shared computing power. The company hopes the public will find its goals appealing, as it will open a crowdsale for the Golem Network Token (GNT) on November 11, 2016. Golem: Building a Supercomputer on the Blockchain. This decentralized, Ethereum-based service, once up and running, will reportedly allow people to rent out unused computing power in exchange for cryptocurrency. On the other end of the service, costs for resource-intensive processes will decline,....
Golem's recently concluded highly successful ICO may accelerate the development of decentralized computing. and internet. In the dawn of recent mass DDoS attacks that disrupted the internet, rendering some of the leading websites inaccessible — interest in the decentralized internet has been rekindled. The concept of the decentralized internet is not a new thing, with innovations in the cryptocurrency sector it is now within hands reach. There are few blockchain technology companies that are working on creating decentralized internet platforms and Golem is one among them. In order to fund....
The Ethereum price has fallen by around -25% since its mid-March peak at around $4,100 and is currently trading just above $3,000. While this loss is in line with the broader market trend and in particular Bitcoin’s price drop of about -22% in the same time, there could be another reason for ETH’s price slump, which seems plausible since the German government only sells BTC and not ETH, and Mt. Gox doesn’t own any ETH either. But what if Ethereum has its very own “Mt. Gox“? Is The Ethereum Price Suppressed By Golem? Chinese crypto journalist Colin Wu (@WuBlockchain)....