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GRT Likely To Retrace Short Term, Despite Bullish On-Chain Metrics

Published 08/11/2023, 08:56
Updated 08/11/2023, 09:15
GRT Likely To Retrace Short Term, Despite Bullish On-Chain Metrics
GRT/USD
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Coin Edition -

  • Santiment revealed in an X post today that GRT’s price has doubled since 19 October 2023.
  • According to the post, there has also been a notable increase in transactions exceeding $100K.
  • At press time, GRT was trading hands at $0.131 following a 24-hour loss of over 5%.

The Graph (GRT) has nearly doubled in price since 19 October 2023 and may continue to rise, according to the blockchain intelligence platform Santiment. In an X post published earlier today, Santiment noted that the altcoin has seen “major whale movement” with several new addresses being created on-chain.

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