On August 2, Golem token price is floating at approximately $0.25 after a few days of solid increase. However, I strongly believe that the actual potential of the token extends far beyond the levels we are seeing now or have seen in the past couple of months. In early June, the price increased substantially as Chinese investors became interested in the concept but soon many left the crypto due to the ICO that brought the entire Ethereum network to its knees. Surely we will see the GNT to bounce back to $0.70 in the coming months, and with the release of Brass we can expect the price climb as far as $1 by Christmas.
However, as many in-the-know acknowledge, the potential of the GNT is massive and even $5 dollars will not be impossible although that will require an incredible amount of market cap. Chinese investors are also seeing the token as one of the most future-proof out there which will guarantee sizeable inflows of capital with only marginal outflows and as a result we can expect the market cap to grow in great numbers. Consequently, this concept, the coin and the technology, is one of the standouts in the crypto community and I will be more than happy to invest in it before it takes off.