Gate News Bot news, on November 19, according to CoinMarketCap data, as of the time of writing, GLM (Golem) is currently priced at 0.24 USD, having risen 14.98% in the last 24 hours, reaching a high of 0.27 USD and a low of 0.20 USD, with a 24-hour volume of 36.4 million USD. The current market capitalization is approximately 235 million USD, an increase of about 30.6 million USD compared to yesterday.
Important news about GLM recently:
1️⃣ Golem Network technology upgrade enhances performance
The Golem network recently completed an important technical upgrade, optimizing its decentralized computing capabilities and resource allocation mechanisms. This upgrade significantly enhances network performance and is expected to attract 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 Requirements
The Golem ecosystem has recently seen the emergence of multiple innovative applications, covering high-demand areas such as artificial intelligence training and scientific computing. The implementation of these applications and the growth of users have directly driven the actual usage demand for GLM tokens, providing solid support for its price.
3️⃣ Improved 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 due to its unique positioning and technological advantages, making GLM one of the sought-after objects in the market.
From a technical perspective, GLM has broken through several important moving averages, showing a strong upward trend. However, considering the recent significant rise, investors should remain cautious of potential short-term pullback risks.
This message does not constitute investment advice, and 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
Pump.fun launches GitHub creator fee sharing: integrating "tips" into the meme coin factory's funding pipeline
Pump.fun introduces a new mechanism in 2026 that allocates "creator fees" to GitHub accounts, potentially changing its incentive structure and enhancing user engagement. This move aims to drive the platform toward a more social direction, although it also faces supply-side risks and market controversy.
PANews4m ago
Economist Timothy Peterson: Bitcoin Still Has Structural Upside Potential, 88% Chance of Rise by Year-End
Cryptoeconomist Timothy Peterson's analysis indicates that Bitcoin still has upward potential in the current bear market, with an 88% probability that the price will be higher than the current level in the next 10 months. He believes the market is approaching a turning point rather than continuing to decline. The current Bitcoin price is approximately $68,173, and sentiment is becoming neutral.
GateNewsBot23m ago
The crypto market has almost given back the gains from the 2024-2025 U.S. presidential election cycle, with the total market cap down about 40% from its peak.
The crypto market experienced a significant rise after the 2024 U.S. presidential election but has now pulled back. Total3 market capitalization dropped from $1.16 trillion to approximately $713 billion, a 40% decline from the peak. Both Bitcoin and Ethereum have fallen sharply, market sentiment is subdued, and the Fear & Greed Index indicates extreme fear.
GateNewsBot46m ago
Bitcoin sideways: Why has BTC's recovery momentum still not been confirmed?
Bitcoin (BTC) has been stuck in a sideways range for two consecutive weeks, hovering between two key levels of $60,000 and $72,000. At the time of reporting, BTC is trading around $68,000, with some short-term signs of a slight recovery.
However, the overall market sentiment still remains cautious.
TapChiBitcoin51m ago
LUNA Price Faces Key Fibonacci Test as Volatility Builds
Key Insights
LUNA remains below the $0.0741 Fibonacci resistance, keeping short-term structure bearish despite stabilization above the $0.0657 support level.
Open interest surged above $30 million before dropping sharply, highlighting aggressive speculative cycles shaping recent LUNA price
CryptoFrontNews1h ago
High-Risk Zone: 5 Altcoins That Could Explode 2× If Momentum Returns
Prolonged consolidation suggests reduced speculative excess across major altcoins.
Assets with real utility may lead to recoveries if momentum returns.
High volatility remains likely, reinforcing the high-risk nature of these setups.
The altcoin market in general
CryptoNewsLand2h ago