Cryptocurrency The Graph Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
The Graph (CRYPTO: GRT) has seen a price decrease of 3.12% in the last 24 hours, now at $0.27, despite an 8.0% increase over the past week from $0.25. The trading volume fell by 14.0%, while the circulating supply rose by 0.38% to 9.48 billion, 87.9% of its max supply. GRT's market cap ranks it #49 at $2.54 billion.
May 09, 2024 | 3:03 pm
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The Graph (GRT) experienced a 3.12% decrease in price to $0.27 over the last 24 hours, despite a weekly up-trend of 8.0%. The trading volume has decreased by 14.0%, and the circulating supply has increased to 9.48 billion.
The short-term price decrease of The Graph (GRT) despite a positive weekly trend suggests a potential market correction or reaction to the increased circulating supply. The decrease in trading volume could indicate reduced investor interest or market activity for GRT in the short term, potentially leading to further price volatility.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100