Cryptocurrency The Graph Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
The Graph (CRYPTO: GRT) has seen a 4.9% decrease in price over the last 24 hours, continuing a negative trend with a 13.0% loss over the past week. The trading volume has decreased by 25.0%, while the circulating supply increased by 0.35%, reaching 9.46 billion. The Graph's market cap ranking is now #36 at $3.59 billion.
March 20, 2024 | 3:03 pm
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NEGATIVE IMPACT
The Graph (GRT) experienced a 4.9% price decrease in the last 24 hours, with a 13% loss over the week. Its trading volume fell by 25%, and its circulating supply increased to 9.46 billion.
The significant price drop and decrease in trading volume indicate a negative short-term impact on GRTUSD. The increase in circulating supply could further pressure the price. The market cap ranking provides a broader context but does not mitigate the immediate negative trends.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100