In this guide, we will voice our own and market’s opinion on GLM future while discussing Golem price forecast for Q4 2023 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Golem.
Now, let’s head into it. Before we delve deep into the Golem price prediction and answer questions if GLM is a good investment or not, why will GLM succeed or fail or why will Golem price rise or drop, let’s quickly throw a glance at what is GLM and its to date history.
Our GLM price forecast suggests the token price will be around $0.3496 in the next 90 days.
👉 Golem Price Prediction 2024
Our GLM price forecast suggests the token price will be around $0.9528 in 2024.
👉 Golem Price Prediction 2025
We predict the Golem price to hover around $1.25 in 2025 based on our analysis.
👉 Golem Price Prediction 2026
In 2026, we expect the Golem price to be approximately $1.34 according to our price prediction model.
👉 Golem Price Prediction 2027
Our GLM prediction indicates the token price will be in the vicinity of $1.72 in 2027.
👉 Golem Price Prediction 2028
For 2028, we forecast the GLM price to be around $2.09 given current trends.
👉 Golem Price Prediction 2029
Looking ahead to 2029, we estimate the Golem price will settle around $2.47.
👉 Golem Price Prediction 2030
Our GLM price prediction suggests a token price of about $2.68 by 2030 based on projected growth.
What you'll learn 👉
Golem Intro
Golem, abbreviated as GLM, emerges as a decentralized marketplace designed to facilitate the sharing and utilization of computing power among users by leveraging their unused hardware capabilities. Established in 2016 by a team comprising Julian Zawistowski, Andrzej Regulski, Piotr Janiuk, and Aleksandra Skrzypczak, Golem has carved its niche in the decentralized computing power market.
The initial protocol, known as Brass Golem, made its debut on Ethereum’s mainnet in 2018, marking a significant milestone in its development journey. Golem doesn’t just stop at being a marketplace; it aspires to be a foundational element for future Internet service providers and software development. The platform extends flexible tools to developers, enabling them to securely distribute their software while also generating revenue from it.
Diving into its fundamentals and tokenomics, Golem operates as a peer-to-peer network, allowing users to engage on an equal footing to trade computational power and divide complex tasks into manageable subtasks across the network. It incorporates a feature dedicated to the Ethereum-based transaction system, thereby facilitating direct payments among requestors, providers, and software developers.
The network’s native token, Golem (GLM), an ERC-20 asset, plays a pivotal role in transactions within the platform. Requestors utilize GLM to pay for the computing power provided by network members, while providers are compensated in the token. With a maximum supply of one billion GLM tokens, all of which are presently in circulation, Golem boasts a market capitalization of $415.6 million, reflecting its substantial presence in the market.
Golem Price Prediction
As the first few months of 2024 concluded, we can say that this year has started on a high note for the cryptocurrency industry, marked by significant milestones and growing enthusiasm. Following the landmark approvals of Bitcoin ETFs, there has been a noticeable surge in interest from both retail and institutional investors, signaling a robust period of growth and acceptance for digital assets. These developments have not only bolstered investor confidence but have also hinted at a maturing market that is increasingly aligning with traditional financial systems. With the regulatory landscape beginning to stabilize and provide clearer guidelines, the cryptocurrency market is poised for a transformative year, potentially setting new benchmarks for adoption, innovation, and investment. Bitcoin ETF approvals were done in early January, setting a positive tone for the market. Analysts had predicted the SEC would decide on Bitcoin ETF applications potentially catalyzing industry growth. The approvals have been seen as a significant step towards mainstream acceptance and have sparked optimism among investors and traders alike. Now, attention is turning towards post-halving rallies, with the BTC halving now behind us. Bitcoin has almost tripled in price since last summer, with the recent Wall Street earthquake and the upcoming halving expected to further boost Bitcoin, Ethereum, and the broader crypto market. Bitcoin is trading around $60k now, after it hit a new ATH of $73k in March. Ethereum has also grown following ETF approvals, with many anticipating ETH ETF approvals could be next. Ethereum is trading around $3,000 and still has not broken its ATH from the 2021 bull run. Investors are hopeful this will happen soon. The majority of investors, traders, and crypto influencers are hopeful that the real crypto bull run will finally commence, bolstered by the recent ETF approvals and anticipation of the upcoming Bitcoin halving event. Bitcoin ETFs, a growing meme coin, AI crypto coins, and RWA mania have helped the bull run to gain momentum. The total market cap (TMC) is now $2.2 trillion.
GLM Price Prediction For The Next 90 Days
Below is a tabular overview of how will GLM develop in the short-term (for the next 90 days), according to our prediction model:
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Golem Price Prediction 2024
The cryptocurrency market has shown promising signs for gains in the early months of 2024, with Bitcoin leading the charge. The digital currency has seen an impressive gain, now trading well above $70,000, a significant increase that underscores the renewed institutional interest and positive momentum within the sector. The market has demonstrated growth, with its total market capitalization soaring to $2.65 trillion (it around $1 trillion in June last year).
This resurgence is buoyed by several factors, including the approval of Bitcoin spot ETFs in early 2024, which has played a pivotal role in attracting institutional investors and boosting market confidence. Moreover, the anticipation surrounding the Bitcoin Halving event, now just days away, has further fueled investor enthusiasm, with many expecting it to have a positive impact on Bitcoin’s price. The growing interest in various cryptocurrency sectors, such as meme coins, real-world asset (RWA) coins, and AI crypto coins, has also contributed to the bull run, showcasing the market’s evolving nature and its ability to adapt to new trends and technologies.
Looking ahead, the market is poised for what many experts believe could be a prosperous period. The potential approval of Ethereum ETFs later in the year is another eagerly awaited development, which could further validate the cryptocurrency market and attract a new wave of institutional investment.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown for the next 12 months:
GLM Price Prediction 2025
Our prediction model sees GLM reaching $1.25 in 2025.
What will GLM be worth in 5 years?
The price of GLM in 5 years could lie around $1.14, according to CaptainAltcoin’s prediction model.
Golem Price Prediction 2030 – 2040
What Golem will be worth in 2030?
Our forecasting model sees Golem reaching $3.12 in 2030.
What Golem will be worth in 2040?
Our forecasting model sees Golem reaching $6.24 in 2040.
Will Golem replace / surpass / overtake Bitcoin?
No, Golem will not replace or overtake BTC.
Can Golem reach $1?
Yes, Golem could reach $1 by the end of 2025.
Can Golem reach $10?
No, our prediction model sees no possibility for Golem to reach $10 in the short or mid-term period.
Is Golem worth buying?
We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, Golem is worth buying.
Is Golem a good investment?
Golem is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.
How much will Golem be worth?
For the short-term future, it could reach $0.3496. In the long-term (8-10 years), it could jump to $3.12 or even higher.
Why will Golem succeed and go up in price?
Golem has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that is why our prediction model sees Golem rising up to $3.12 in 2030.
Why will Golem fail and drop in price?
Crypto projects fail for various reasons. Some of the most common ones are: team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of well designed marketing strategy, losing community support, potential vulnerability in the protocol, failing to achieve anticipated minimum developement activity on the protocol, failing to attract new developers to build on their platform.
How high will Golem go?
Our forecasting model sees Golem price exploding and reaching $6.24 in a distant future.
What is the short-term prediction for Golem?
Golem will reach $0.3496 in the next 90 days, which is a 41.2% change over the current price which hovers around $0.5946.
Can Golem make you a millionaire?
Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a Golem millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in Golem could make you a millionaire.
Golem Price Prediction Today - What will be the price of Golem tomorrow?
Golem will hover around $0.6358 tomorrow.
Golem Network Coin (GNT) Future Outlook
Golem (GLM) is poised for a bright future, with some analysts forecasting its price to potentially ascend to $1.87 by the year 2030. The team behind Golem is not only envisioning but also planning for numerous practical applications, including rendering and machine learning. Furthermore, they are in the process of developing an enhanced Golem Network implementation, dubbed Yagna 0.12.
Interestingly, the team is not aiming to amplify the token’s value and has not entered into partnerships with exchanges. Additionally, they do not intend to market the token as a speculative investment. The transition from Golem Network Token (GNT) to GLM is currently in progress, and at this point, no deadline has been established for its completion.
The minds propelling Golem forward include CEO and Founder Julian Zawistowski and COO and Co-founder Andrzej Regulski. The GNT token serves as compensation for software and resource providers, and the total circulating supply of GLM is capped at one billion tokens. In a nutshell, with the team ardently developing new applications and enhancing the network’s implementation, Golem’s future trajectory appears to be quite promising.
Market Price Predictions
Four experts have provided their price predictions for Golem (GLM) for the year 2024 and beyond, offering a glimpse into the potential future of the cryptocurrency:
- CoinCodex estimates that Golem will experience a yearly low price of approximately $0.119785 in 2024.
- Changelly provides a detailed forecast, suggesting that GLM’s minimum trading price could be $0.135, while it might peak at $0.172 in October 2023. For 2024, they predict Golem’s price to fluctuate between a minimum of $0.136 and a maximum of $0.243, with an average trading price potentially reaching $0.350.
- CryptoNewsZ anticipates that, in 2024, GLM will be priced at a minimum of $0.37 and may escalate to a maximum of $0.54.
- Lastly, CoinWire envisions Golem’s price hitting $0.25 by the conclusion of 2023, elevating to $0.35 by the end of 2024, and soaring to $1 by the culmination of 2030.
Conclusion
With its robust foundation, innovative approach, and a team that is not only skilled but also visionary, Golem has managed to carve out a significant niche in the decentralized computing power market. Its journey from its inception in 2016, through the launch of Brass Golem in 2018, to its current state and future projections, has been nothing short of remarkable.
The price predictions, while varied, all point towards a future where GLM holds a substantial position in the market. From CoinCodex’s conservative estimate of a yearly low of $0.119785 in 2024 to CoinWire’s optimistic projection of reaching $1 by 2030, the future of GLM is being watched with keen interest by investors and market analysts alike.
However, it’s imperative to note that the world of cryptocurrency is fraught with volatility and unpredictability. The Golem team’s steadfast focus on technological advancements and practical applications, rather than token value amplification, speaks volumes about their commitment to genuine, sustainable development. Their ongoing projects, like the development of Yagna 0.12 and the migration from GNT to GLM, further underscore their dedication to enhancing the network’s functionality and user experience.
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