Cryptocurrency The Graph Rises More Than 9% In 24 hours
Portfolio Pulse from Benzinga Insights
The Graph (GRT), a cryptocurrency, has seen a 9.12% increase in price over the last 24 hours, reaching $0.20. Over the past week, the price has risen over 3.0% from $0.19. The all-time high for GRT is $2.84. Trading volume has decreased by 25.0% over the past week, while the circulating supply has slightly decreased by 0.06% to 9.36 billion coins, approximately 86.78% of the max supply. GRT's market cap is currently ranked #48 at $1.85 billion.
January 01, 2024 | 3:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The Graph (GRT) has experienced a significant price increase of 9.12% in the last 24 hours, indicating a strong short-term bullish trend.
The price increase of over 9% in a single day suggests a strong bullish sentiment among investors and traders. The decrease in trading volume could indicate a consolidation phase following the price surge. The slight decrease in circulating supply could be contributing to the price increase due to reduced selling pressure. Given the substantial price movement and the current market cap ranking, this news is likely to have a significant impact on investor decisions in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100