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Golem Price

GLM Price in EUR
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Live Golem Chart in EUR

Golem price overview

The current Golem price is loading EUR. The price has changed by EUR in the past 24 hours on trading volume of loading EUR. The market rank of Golem is based on a market capitalization of loading EUR. Golem has a circulating supply of loading. The highest recorded Golem price is loading EUR. And the lowest recorded GLM price is loading EUR.

How do Golem price movements correlate with market trends? Check our comprehensive cryptocurrency price page for information at a glance.

Golem is one of the earliest projects built and hosted on the Ethereum network, and as such, makes a valuable part of the Ethereum ecosystem. Golem is software on the Ethereum protocol that provides a peer-to-peer market where users can sell and buy computational resources in exchange for cryptocurrency-based incentives.

GLM, the utility token of the network, has been on the market since 2016, serving as the main currency of the Golem network, and supporting the P2P market that Golem represents. The Golem platform is based on blockchain, and by using cloud computing and decentralized architecture, Golem distributes major power resources and makes them available to a wide audience.

How is Golem price defined and what factors determine the market value of Golem? What affects the price of GLM tokens? 

If you’ve ever wondered this, then you’re in the right place. We’ve compiled everything you need in order to get a better understanding of the intricacies of Golem price – and the factors that influence it.

Golem Price History

The price of Golem (GLM) is subject to frequent changes and trend reversals, in part due to the high volatility in the cryptocurrency market. The crypto market has proven to be more volatile than traditional financial markets, like the stock market. Due to the volatility and a great number of specific factors that can influence the price of Golem, GLM price can change radically within a short period.

The first recorded price for GLM was $0.014 in November 2016, after which the crypto dipped to $0.009 by the end of December.

January 2017 saw prices triple, but the first big breakthrough when it comes to scoring gains, was recorded in May 2017 when Golem traded as high as $0.60. The bullish momentum continued into June when Golem reached a peak at $0.82. From that point, Golem followed a downward path to lows of $0.17 in July. After a brief rebound in September to over $0.50, Golem fell back to around $0.17 but then ended 2017 at the price of $0.84 after a bull run in December.

Driven by the famous crypto hype of 2017, Golem reached a peak at its all-time high of $1.32 in the first days of January 2018. In the first week of February, GLM price had already dipped to below $0.30. In April, GLM had a resurgence, breaking $1 again at the start of May, after which Golem started to dip again. By the end of the year, GLM was trading at $0.065.

The year 2019 proved less exciting. Although prices reached more than $0.10 in the first half of the year, the second half was mostly bearish and by the end of 2019, GLM was worth $0.029.

In January 2020, Golem climbed to the price of $0.046 and $0.095 in February. After dipping below $0.020 in March, Golem rebounded to $0.18 in August. Prices then pulled back to $0.07 but had recovered to $0.11 by the end of the year.

Following a fairly static January 2021, GLM began to rally in February, culminating in a peak of $0.70 at the end of March. Prices then fell, as GLM traded as low as $0.20 in May.

Analyzing Golem Price History

Golem price history can be analyzed with numerous techniques that are used to analyze assets in traditional markets, for instance, the stock market. These techniques are commonly used to try and make sense of previous price movements in the market and to predict the future price of Golem and other crypto assets.

Technical analysis is one of the main techniques that examine price charts and other relevant market data to predict the future momentum of assets such as Golem. Traders, market analysts, and investors may use technical analysis to trace and define price patterns and trend reversals in relation to other factors, so as to create a price forecast for Golem. Interesting points would be major rebounds or massive dips, which can be used to determine when a similar trend will affect the Golem value.

Technical analysis, or TA, is commonly used in combination with fundamental analysis and sentiment analysis. Fundamental analysis observes fundamental elements that can affect the price of Golem and other cryptocurrencies, which include updates and upgrades, developments, the activity of the dev team, utility, technology behind the project, and other relevant news and events. Golem’s use case is rather attractive, which is one of the key points for determining its intrinsic and market value. The more people using Golem to buy and sell computational power, the greater the chances are that the price of Golem will rise.

Sentiment analysis values opinion data and ranks the overall emotion among the market participants as negative, positive, or neutral. This technique greatly depends on positive and negative news related to Golem that can affect the price of GLM. For instance, the release of the Golem Beta I mainnet in March 2021 as GLM was surging in price might be a perfect example of positive sentiment.

Factors Influencing the Price of Golem (GLM)

A multitude of different factors may influence the price of Golem to change, which includes the volatility that collectively affects all cryptocurrencies in the market. Limited total supply is one of the factors that influence the price of Golem as well, as finite supply acts as an anti-inflation mechanism.

Golem can likewise be affected by broader market trends, as was the case in the period between December 2017 and January 2018 when the majority of cryptos reached their all-time high prices driven by the hype. A similar scenario brought Golem to a serious rebound by April 2021. Negative conditions in the wider economy, like the Covid-19 pandemic in 2020, can also affect the price of GLM and other cryptos.

New listings, upgrades, updates, and developments, as well as mainstream adoption, mergers, and interest among institutional investors also contribute to the changes in the market price of Golem.

Live Golem Value and Market Cap

The live Golem value can vary from one moment to another as cryptocurrencies may radically change within a brief timeframe. The market price is determined through the balance between the buying and selling activity. Buying and selling activity is displayed in trading volumes.

The market cap is equal to the number of Golem tokens in circulation multiplied by the current price of GLM in the market. The market cap determines the rank of a cryptocurrency in comparison with its market peers.

Golem Price FAQ

What is the highest Golem price in EUR?

Golem price history shows that GLM has recorded a peak value of loading EUR.

What is the lowest Golem price in EUR?

GLM price history shows that loading EUR EUR is the lowest recorded Golem value.

How can I buy Golem?

You can purchase Golem and over 290 different cryptocurrencies in seconds with Kriptomat, learn more about how to buy Golem. It’s available for immediate purchase at the current GLM price quote of loading EUR. Current prices are always displayed in the GLM chart.

What is the current Golem price in EUR?

Kriptomat data confirms that the current Golem price is loading EUR.

Will Golem trade above $1 again?

Golem is a volatile asset, which is one of the main characteristics of all cryptocurrencies. That means that GLM can quickly lose or gain value depending on the relevant factors. With that said, Golem could potentially get back to the value of $1 and even hit new target prices at $2 and above in the future.


Golem is one of the oldest projects on the Ethereum platform, and as such, Golem has a certain level of authority for Ethereum users. Golem has a straightforward utility and it operates a peer-to-peer market where users can buy and sell computational power. With the rising number of Golem network users, the native token GLM is becoming stronger and more valuable as a result.

If you want to get started with the most user-friendly trading experience on the market, register with Kriptomat today to begin your journey into the world of Golem and cryptocurrencies!

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This text is informative in nature and should not be considered an investment recommendation. It does not express the personal opinion of the author or service. Any investment or trading is risky, and past returns are not a guarantee of future returns. Risk only assets that you are willing to lose.
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