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Cryptocurrency News Articles

Golem (GLM) Outpaces Bitcoin, Soaring in Value

Mar 29, 2024 at 03:44 pm

GLM is on the rise, currently trading at 957.4 KRW on Upbit as of 4:39 PM KST on February 29th. This represents a significant 14.33% increase from the previous day. The upward trend began on February 23rd, with GLM experiencing consecutive gains for seven days. Notably, despite a decline in Bitcoin's value below the 100 million KRW mark, GLM has surged by over 10%. GLM even briefly surpassed 1000 KRW in intraday trading on February 29th. [Disclaimer: This article is not intended as investment advice. All investments should be made at the reader's own discretion and final responsibility rests with the investor.]

Golem (GLM) Outpaces Bitcoin, Soaring in Value

Golem (GLM) Surges, Outperforming Bitcoin

Seoul, South Korea - Golem (GLM), a decentralized computer network, has witnessed a significant surge in value, outperforming Bitcoin in the cryptocurrency market.

At 4:39 PM local time on May 29th, GLM was trading at KRW 957.4 (USD 0.83) on the domestic cryptocurrency exchange Upbit. This represents a remarkable 14.33% increase compared to the previous day.

GLM's upward momentum became evident on May 23rd, marking seven consecutive days of gains. The cryptocurrency's steady ascent has drawn attention to its potential for further growth.

Notably, GLM's surge has occurred despite a slight decline in the price of Bitcoin, which has been fluctuating around the KRW 100 million (USD 88,000) mark. This divergence highlights GLM's bullish performance in the market.

During the day, GLM reached a high of KRW 1000 (USD 0.88), briefly surpassing the KRW 1000 threshold.

Disclaimer: This article is not intended as investment advice. All investments carry risk, and individuals should make informed decisions based on their circumstances. The ultimate responsibility for any investment lies with the investor.

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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Nov 06, 2024