Graph Token Sees 4% Decline Within a Day

14 views 1:51 pm 0 Comments May 13, 2024

Benzinga – by Benzinga Insights, Benzinga Staff Writer.

The value of The Graph (CRYPTO: GRT) has experienced a 4.14% decline in the past 24 hours, currently resting at $0.26. This reduction aligns with its downward trend observed throughout the previous week, showing a slight -0.0% shift from $0.26 to its present price.

The comparison of The Graph’s price movements and market volatility within the last 24 hours (on the left) and the trends over the past week (on the right) is visually represented in the chart below. The gray-shaded Bollinger Bands indicate the price fluctuations in both the daily and weekly contexts. A broader band or an expanded gray area reflects increased volatility during the respective period.

During the preceding week, the trading volume of the cryptocurrency has decreased by 35.0%, contrasting with a 0.19% rise in the total circulating supply of the digital asset. The current circulating supply is recorded at 9.48 billion units, constituting roughly 87.9% of its maximum supply of 10.79 billion tokens. Based on our data, GRT holds the current rank of #49 concerning market capitalization, which amounts to $2.46 billion.

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