Many cryptocurrencies recorded price fall in the past 24 hours. For instance, Bitcoin prices have fallen by 1.65% in the past 24 hours. Even though the 7-day gain shows a 3.23%, the current level is not encouraging.\u00a0<\/p>\n
Ethereum hasn\u2019t fared well, either. Its 1-hour trend shows a 0.99% loss, while the 24 hours level indicates a 1.76% fall. Looking at ETH 7 days price movement, the crypto has lost 7.02%, which is surprising given the hype around the Merge.<\/p>\n
Related Reading: Displaced ETH Miners Seek Refuge In Ethereum Classic, Ravencoin<\/a><\/p>\n Tether USDT shows all red in 1 hour, 24 hours, and 7 days gain. Many other altcoins<\/a> also in red include USDC, BNB, XRP, ADA, SOL, Dogecoin, etc.\u00a0<\/p>\n But amid these recent woes, Golem GLM has pushed past expectations.\u00a0<\/p>\n Golem GLM Leads in 24 hours Price gains<\/p>\n Golem has seen a price push within the past few days. Currently, GLM price sits at $0.3583, indicating a 14.76% price gain in 24 hours. Watching its movement on the trading chart<\/a> today, September 15, the coin has been increasing steadily since the market opened.\u00a0<\/p>\n Apart from adding more in its 24 hours price growth, Golem GLM is also encouraging investors with its 7 days price gain. It has added more than 20% growth in one week. This growth level is above many altcoins, besides Ravencoin. The coin also has a high 7 days price growth but is in red for both 1-hour and 24 hours growth.\u00a0<\/p>\n GLM\u2019s price is currently trading at around $0.36. | Source: GLMUSD price chart from TradingView.com<\/a> On September 12 and 13, the Golem price pushed higher, showing a 55% price increase in 24 hours. The coin, previously struggling between $0.276 and $0.281, spiked to $0.4054, sending the market into a buying frenzy.\u00a0<\/p>\n September 14 saw the price move down to $0.345. But GLM is currently adding more as trading continues on September 15. There\u2019s hope the crypto might reach September 12 and 13 levels again.\u00a0<\/p>\n This fast growth has made market watchers wonder about the possible reasons. The recent spike in Golem might be linked to the announcement of new hires. According to its Twitter<\/a> message on September 6, the network is adding developers to its team, indicating expansion.<\/p>\n It also announced that new hires would earn between $3K and $10K monthly, plus other priceless life-changing experiences. The community head, Mattias Nystrom, even stated that the developers could choose a currency they want for their payments.\u00a0\u00a0<\/p>\n Should Investors Go Bullish?<\/p>\n This announcement might have caught investors\u2019 interest in adding funds to a rapidly expanding network. But some analysts advise waiting a bit before going bullish on the crypto. They expect a 78.6% Fibonacci retracement level, the next level of support that might underpin GLM price at $0.3275.\u00a0<\/p>\n Related Reading: AVAX Price Rebound Fails To Breach $22 Resistance Due To High CPI Data<\/a><\/p>\n For now, the resistance is at $0.3746 and $0.4079. Investors can buy until the $0.4413 and $0.4820 price levels if the coin breaks above these levels.\u00a0<\/p>\n Featured image from Pixabay and chart from TradingView.com<\/p>","protected":false},"excerpt":{"rendered":" <\/p>\n Many cryptocurrencies recorded price fall in the past 24 hours. For instance, Bitcoin prices have fallen by 1.65% in the past 24 hours. Even though the 7-day gain shows a 3.23%, the current level is not encouraging.\u00a0<\/p>\n Ethereum hasn\u2019t fared well, either. Its 1-hour trend shows a 0.99% loss, while the 24 hours level indicates a 1.76% fall. Looking at ETH 7 days price movement, the crypto has lost 7.02%, which is surprising given the hype around the Merge.<\/p>\n Related Reading: Displaced ETH Miners Seek Refuge In Ethereum Classic, Ravencoin<\/a><\/p>\n Tether USDT shows all red in 1 hour, 24 hours, and 7 days gain. Many other altcoins<\/a> also in red include USDC, BNB, XRP, ADA, SOL, Dogecoin, etc.\u00a0<\/p>\n But amid these recent woes, Golem GLM has pushed past expectations.\u00a0<\/p>\n Golem GLM Leads in 24 hours Price gains<\/p>\n Golem has seen a price push within the past few days. Currently, GLM price sits at $0.3583, indicating a 14.76% price gain in 24 hours. Watching its movement on the trading chart<\/a> today, September 15, the coin has been increasing steadily since the market opened.\u00a0<\/p>\n Apart from adding more in its 24 hours price growth, Golem GLM is also encouraging investors with its 7 days price gain. It has added more than 20% growth in one week. This growth level is above many altcoins, besides Ravencoin. The coin also has a high 7 days price growth but is in red for both 1-hour and 24 hours growth.\u00a0<\/p>\n GLM\u2019s price is currently trading at around $0.36. | Source: GLMUSD price chart from TradingView.com<\/a> On September 12 and 13, the Golem price pushed higher, showing a 55% price increase in 24 hours. The coin, previously struggling between $0.276 and $0.281, spiked to $0.4054, sending the market into a buying frenzy.\u00a0<\/p>\n September 14 saw the price move down to $0.345. But GLM is currently adding more as trading continues on September 15. There\u2019s hope the crypto might reach September 12 and 13 levels again.\u00a0<\/p>\n This fast growth has made market watchers wonder about the possible reasons. The recent spike in Golem might be linked to the announcement of new hires. According to its Twitter<\/a> message on September 6, the network is adding developers to its team, indicating expansion.<\/p>\n It also announced that new hires would earn between $3K and $10K monthly, plus other priceless life-changing experiences. The community head, Mattias Nystrom, even stated that the developers could choose a currency they want for their payments.\u00a0\u00a0<\/p>\n Should Investors Go Bullish?<\/p>\n This announcement might have caught investors\u2019 interest in adding funds to a rapidly expanding network. But some analysts advise waiting a bit before going bullish on the crypto. They expect a 78.6% Fibonacci retracement level, the next level of support that might underpin GLM price at $0.3275.\u00a0<\/p>\n
\nGolem Price Grows, What Could Be The Reason?<\/p>\n
\nGolem Price Grows, What Could Be The Reason?<\/p>\n