Deep Dive: The Graph (GRT) Analysis
The Graph has been on my radar, and I finally sat down to analyze the current situation. Here's what I found when I looked at the data.
📈 Current Price Action
Currently trading at $0.03, we're seeing upward momentum in the short term. The weekly trend has been fairly sideways, suggesting consolidation. The monthly chart shows significant correction from recent highs.
The Graph price movement over the last 7 days
💰 Market Metrics
Market cap stands at $308.47M, placing it at rank #133. With $28.13M in 24h volume, we're looking at healthy trading.
| Metric | Value |
|---|---|
| Current Price | $0.03 |
| 24h Change | +9.01% |
| 7d Change | +2.23% |
| 30d Change | -21.45% |
| Market Cap | $308.47M |
| 24h Volume | $28.13M |
| Market Rank | #133 |
🪙 Supply Dynamics
There are $10.73B coins in circulation out of a maximum supply of $10.80B (99.32% circulating). We're close to max supply, which means minimal inflation pressure.
📊 Historical Context
The all-time high was $2.84, and we're currently 98.99% below that level. The all-time low sits at $0.02, which means we're 22.84% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.
🤔 My Take
From a technical standpoint, The Graph is showing strength. The price structure show room for growth if fundamentals improve.
Remember, higher volatility means higher risk. Position sizing is crucial.
🎯 Final Thoughts
That wraps up my deep dive into The Graph. As always, these are just observations based on current data. I'd love to hear your thoughts - are you bullish or bearish here?
This is not financial advice. Always do your own research before making investment decisions.
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