Gate News Bot news, on November 14th, according to CoinMarketCap data, as of the time of writing, GLM (Golem) is currently priced at 0.24 USD, with a rise of 5.57% in the last 24 hours, reaching a high of 0.26 USD and a low of 0.19 USD, with a 24-hour volume of 50.9 million USD. The current market capitalization is approximately 244 million USD, an increase of nearly 12.9 million USD compared to yesterday.
Important news about GLM recently:
1️⃣ Golem network technology upgrade drives performance improvement
The Golem network recently completed an important technical upgrade, optimizing its decentralized computing power and resource allocation mechanisms. This upgrade significantly improved network performance, attracting more developers and users to participate, becoming one of the key factors driving the rise in GLM prices.
2️⃣ Expansion of innovative application scenarios and usage demands
The Golem ecosystem has recently emerged with multiple innovative applications, covering high-demand areas such as artificial intelligence training and scientific computing. The implementation of these applications and user growth directly drive the actual usage demand for GLM tokens, providing solid support for its price.
3️⃣ Improvement in market sentiment drives investment interest
As the overall atmosphere of the cryptocurrency market warms up, investors' interest in projects with practical application value has significantly increased. Golem, as a pioneer in the decentralized computing field, has gained more attention for its unique positioning and technical advantages, making GLM one of the sought-after assets in the market.
From a technical perspective, GLM has broken through several important moving averages, presenting a strong upward trend. However, given the recent significant rise, investors should remain cautious of potential short-term pullback risks.
This message is not intended as investment advice; investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
When "stability" begins to fluctuate: A full review and structural analysis of the USD1 de-pegging event
The stablecoin USD1 experienced a depegging on February 23, dropping to 0.98 USDT at one point. The project team attributed this to a "collaborative attack." Although the price quickly recovered, it raised concerns in the market about its reserve transparency and credit structure. This incident is seen as a trust stress test for liquidity shocks. While it did not pose systemic risk, it serves as a reminder for the market to reassess the credit and risk of stablecoins.
PANews21m ago
Altcoins Up 10–20% as Breakout Hype Builds—Is a 50% Rally Next or Too Risky to Chase?
Each coin analyzed shows early momentum signaling potential 50% short-term gains.
Historical altseason patterns suggest total market capitalization could exceed 16,000% gains.
Consolidation at support levels across coins indicates high-probability setups for a breakout.
Recent mar
CryptoNewsLand54m ago
Pi Network merchants doubled to 148,000, with a 60% annual increase in migrated users
Pi Network development team released ecosystem data on the first anniversary of the mainnet launch, showing significant growth in migrated users, KYC completion rates, and merchant acceptance. Technical indicators also show potential bullish signals. However, the PI token is currently down more than 20% from the February 15 high of $0.2067, and has fallen over 90% from its all-time high.
MarketWhisper1h ago
XRP Today's News: ETF Net Inflows Exceed 1.2 Billion, Institutional Demand Supports Mid-Term Outlook
On February 24, the US CB Consumer Confidence Index unexpectedly rose to 91, boosting the Federal Reserve's hawkish expectations. The probability of a rate cut in June decreased to 49.6%, putting short-term pressure on XRP. However, on the same day, US XRP spot ETF inflows reached $3.04 million, with a total net inflow of $1.23 billion since its launch in November last year. Continuous buying by institutional investors has formed structural support.
MarketWhisper1h ago
WLFI Holds $0.12 as Bearish Structure Pressures Key Support
WLFI shows a bearish trend, trading near $0.12 under pressure from EMA20 and Supertrend indicators. A break below $0.1042 could lead to significant downside targets, while a close above $0.1434 may shift the structure to bullish. Bitcoin's performance further affects WLFI's movement.
CryptoFrontNews1h ago
Bitcoin dips gradually; buying more means losing more, discouraging buyers from entering the market
Recently, the Bitcoin market has continued to decline, with prices dropping from the peak to around $62,800. Nearly 45% of the circulating supply is showing unrealized losses. The market lacks selling pressure, and investors remain cautious, viewing short-term rebounds as exit opportunities. The US Bitcoin spot ETF is also experiencing net capital outflows, and large holders have increased their recent sales. The market expects support between $60,000 and $69,000, with the main resistance level at $79,000.
ChainNewsAbmedia1h ago
