In this guide, we will express our opinion and that of the market on the future GLM as we discuss Golem’s price forecasts for 2023 and beyond.
Keep in mind that you should take this and any other prediction with a pinch of salt since predicting anything is a thankless task, not to mention predicting the future of a new highly volatile financial asset like Golem.
Now, let’s get inside.
Before delving into Golem’s price prediction and answering questions about whether GLM is a good investment or not, why GLM will succeed or fail, or why the price of Golem will rise or fall, let’s quickly take a look at what GLM is and its history to
date.
Table of Contents:
Golem Intro
Golem is an Ethereum-based project that aims to build a decentralized network that allows users to share and aggregate computing resources to create a global supercomputer.
The Golem team is creating a network to share resources and hopes to provide software developers with an alternative to traditional centralized cloud service providers such as Amazon, Google, Microsoft and IBM. The network works as a peer-to-peer marketplace for excess computing power
.
Users can rent their hardware in exchange for compensation in Golem (GLM) tokens. Those who require resources to complete intensive tasks, such as CGI rendering, can pay for this excess capacity through a decentralized marketplace. Golem aggregates more resources when it completes processing activities, allowing almost anyone, from a single PC to an entire data center, to contribute to the network
.
Golem Factory was founded in Switzerland in 2016 by Julian Zawistowski and Andrzej Regulski. Golem released the Brass Golem implementation in April 2018, allowing providers to earn GLM by contributing to computer power and applicants to spend GLM on available computing power. The first target use case is for CGI rendering, allowing applicants to distribute the processing of any Blender or LuxRenderer scene on the Golem
network.
You can buy GLM on CEX.io, Coinbase, or Binance. You can store it on the Ledger Nano S, Trezor T, or eToro wallet. You can earn passive income by trading it on Cryptohopper
or Bitsgap.
Golem Price Forecast
The entire cryptocurrency world is on the verge of complete collapse. Bitcoin has fallen 75% from its all-time high amid the largest market declines caused by furious inflation and US Fed rate hikes
.
When you add the most recent collapses of huge players in the sector (FTX, Celsius, Luna, etc.) into the equation, the horizon is murky and there will be more blood on the streets of the crypto city.
Investors are selling risky assets and moving to more stable markets. Crypto is still perceived as a very risky game and therefore the sell off
.
Our algo still sees some green in 2023, especially in the second part of the year. This is reflected in our forecasts for 2023
.
Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.
Once Bitcoin settles into the new price range, altcoins will start to do the same — we’ve witnessed this scenario dozens of times in distant and more recent history.
Our price forecast model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters of Q1 through Q2. We expect whales and other larger market players to finish filling their stock exchanges around that time, which will cause a typical and sudden
crypto spike.
GLM Price Forecast 2025
Our forecast model sees GLM reach $0.4137 in 2025.
How much will GLM be worth in 5 years?
The price of GLM in 5 years could be around $0.3647
Golem Price Forecast 2030 — 2040
How much will the Golem be worth in 2030?
Our forecast model sees Golem reach $1.03 in 2030.
How much will Golem be worth in 2040?
Our forecast model sees Golem reach $2.07 in 2040.
Will Golem replace/surpass/surpass Bitcoin?
No, Golem will not replace or surpass BTC.
Can Golem reach $1?
Yes, Golem could reach $1 by the end of 2025.
Can Golem reach $10?
No, our forecast model doesn’t see any chance for Golem to reach $10 in the short or medium term.
Is it worth buying Golem?
We are supporters of moderately risky investments: invest most of your crypto portfolio in BTC (50%); 35% in a basket of large-cap coins and the rest in small projects with huge increases. So, in this context, it’s worth buying Golem
.
Is Golem a good investment?
Golem is, just like all other cryptocurrencies, a risky investment. It’s more likely to rise than fall 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 $0.1167. In the long term (8-10 years), it could jump to $1.03 or even higher
.
Why will Golem succeed and go up in price?
Golem has a good use case, well-designed tokenomics, an active community, and a solid team behind it. All of these are a prerequisite for success and that’s why our forecast model sees Golem rise to $1.03
in 2030.
Why will Golem fail and fall in price?
Crypto projects fail for various reasons. Some of the most common are: the team goes rogue and leaves the project, the regulators declare it illegal and the press exchanges to discredit it, lack of media attention, more successful competitors, lack of a well-designed marketing strategy, loss of community support, potential vulnerability in the protocol, failure to achieve the minimum development activity foreseen on the protocol, inability to attract new developers to build on their platform
.
How high will Golem go?
Our forecast model sees the price of Golem explode and reach $2.07 in the distant future.
What is the short-term forecast for Golem?
Golem will reach $0.1167 in the next 90 days, which is a variation of 43% compared to the current price of around $0.2048.
Can Golem make you a millionaire?
Yes, if you buy a fairly large sum. Don’t expect to invest $100 and become a Golem millionaire. But 100x price explosions are a common sight in cryptocurrencies, so a $10k investment in Golem
could make you a millionaire.
Golem Price Forecast Today — What will be the Golem price tomorrow?
Golem will hover around $0.2150 tomorrow.
Vitalik Buterin, co-founder of Ethereum said:
Golem Network Coin (GNT) Future Perspectives
As a result, more than 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of the projects will become the new Apple, Google or Alibaba in the cryptocurrency sector. Will GNT be between that 5%?
History has shown that truly innovative technology takes more and more time to develop, costs more to finance and is often questioned before it officially reaches the market. Despite Golem being around for some time (~2.5 years, or 250 years in crypto-years), the innovative efforts and challenges Golem is facing are easily among the biggest in the cryptocurrency world. Patience is a virtue…
However, before we expect Golem to see major adoption, it’s fair to say that the wider cryptocurrency world will need to see its own adoption. It will take time, an effective marketing campaign, greater awareness, further development, and significant partnerships before a ramp in adoption can be expected
.
This makes Golem one of the most intriguing projects to have in your portfolio: the advantage is enormous but the risk is even greater. Investing in Golem only makes sense on a very long time scale and on proper management of expectations — it could easily end up
ingloriously.
