So far, the year 2020 has been very fruitful for Golem (GNT), despite the flash crash in March. The token price began to soar in the first weeks of the year but then collapsed to $0.026 after the coronavirus pandemic had hit the entire world and affected all markets severely. Nevertheless, GNT didn’t fall to the all-time lows, as many altcoins did during those gloomy days, and began to slowly roll to the upside, having first taken out the level at $0.05, from which the price had a nosedive in March, and then continued to chug along with the gradually recovering market.
GNT year-to-date chart
Golem has been flying below the radar of most retail traders until the first week of August when the buyers began to enter the market and push the price of GNT vehemently to the upside, which resulted in the respectful 120% gain against both USD and BTC over the past four weeks. You can see GNT’s latest performance profile below.