What is the issue price of GLM coin? Introduction to the issue price and issue quantity of GLM coin

During its ICO in November 2017, the issue price of Golem (GLM) coin was established at $0.01.

Oct 16, 2024 at 11:53 am

Understanding the Issue Price of GLM Coin

1. What is GLM Coin?

GLM Coin (GLM) is the native token of the Golem network, a decentralized platform for cloud computing. It enables users to rent out their spare computing power and earn rewards for providing computational resources.

2. Issue Price of GLM Coin

The issue price of GLM coin was $0.01 during its initial coin offering (ICO) in November 2017.

3. Issue Quantity of GLM Coin

A total of 1,000,000,000 GLM tokens were issued during the ICO.

4. Current Price of GLM Coin

As of February 22, 2023, the current price of GLM coin is approximately $0.40.

5. Market Capitalization of GLM Coin

The market capitalization of GLM coin is approximately $400 million.

6. Factors Influencing GLM Coin Price

The price of GLM coin is influenced by various factors, including:

Demand for computing power on the Golem network
Supply and demand dynamics in the cryptocurrency market
News and updates related to the Golem project
Overall sentiment in the cryptocurrency industry

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