### Graph Token Sees a 4% Drop in Value Within a Day

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

The GRT/USD price on The Graph has decreased by 4.14% in the past 24 hours, reaching $0.26. This downward trend has persisted throughout the previous week, with a slight decline of -0.0% from $0.26 to its current value.

The comparison between the price fluctuations and volatility of The Graph in the last 24 hours (on the left) and the trends over the past week (on the right) is visually depicted in the chart below. The chart showcases Bollinger Bands, which are represented by gray bands indicating the volatility in both daily and weekly price movements. A wider band or a larger gray area suggests higher volatility.

The trading volume for the coin has decreased by 35.0% in the previous week, contrasting with the increase in the total circulating supply by 0.19%. The current circulating supply amounts to 9.48 billion, representing around 87.9% of the maximum supply of 10.79 billion. According to our data, GRT holds the #49 position in terms of market cap, valued at $2.46 billion.

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