Golem is not the type of cryptocurrency, the price action, or potential gains from which would have traders lying awake at night. It is sitting close to the bottom of top 100, currently ranked 83rd, to be precise, and doesn’t belong to the cohort of the most prominent gainer, especially in the year 2019, during which Golem had decreased in value by 1,7% - not a lot, but certainly not the type of performance we would expect from the prospective coin.
GNT lays hopes on 2020
However, come 2020, GNT began silencing the skeptics by adding 88% in value over the period of the last 30 days. It had even outperformed Bitcoin by 73% and the currently powerful Ethereum by 24%. Perhaps this year would turn out to be the crowning moment for Golem after the bear market of 2018/2019, possibly bringing it a bit closer to the all-time high of $1.43, which is still 96% away. But first, Golem would have to break the highs of the previous year that had been established at the level of $0.11 that could prove to be a mighty strong resistance which, as you can see on the chart below, the price had punctured that level at least nine times before but to no avail.
1-week GNT/USDT chart