Cryptocurrency The Graph Falls More Than 7% In 24 hours
Portfolio Pulse from Benzinga Insights
The Graph's cryptocurrency (GRT) has seen a 7.23% decrease in price over the last 24 hours, continuing a negative trend from the past week with a 1.0% loss. The trading volume for GRT has increased by 17.0% over the past week, while the circulating supply rose by 0.15% to 9.36 billion, approximately 86.8% of its max supply. The Graph is currently ranked #48 in market cap at $1.70 billion.
January 05, 2024 | 7:02 pm
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The Graph (GRT) has experienced a significant price drop of 7.23% in the past day and a 1.0% decrease over the past week, with an increase in trading volume and circulating supply.
The price drop of over 7% in a single day is a strong bearish signal, likely leading to a negative short-term impact on GRTUSD. The increase in trading volume could indicate higher interest from traders, possibly due to the price movement. The rise in circulating supply could put additional downward pressure on the price if demand doesn't keep up.
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