The Web3 protocol The Graph’s native token GRT rose probably the most among the many prime 100 cryptoassets by market capitalization at present, after worth bounced off a key technical assist stage and legendary soccer participant Ronaldinho turned the official international ambassador for an related non-fungible token (NFT) platform.
As of Tuesday at 15:10 UTC, GRT was up 17% over the previous 24 hours, however down 6% over the previous 7 days and down 20% over the previous month. The token, which is at present ranked because the 50th most precious cryptoassets by market capitalization, stood at USD 0.475 on the time of writing.
The robust positive aspects at present positioned GRT because the day’s finest performer among the many prime 100 cash by market capitalization, forward of gala (GALA) and kadena (KDA), which got here in second and third with positive aspects of simply over 14% every.
The most recent rally for the GRT token got here as the worth bounced off a key technical assist stage at round USD 0.4, with the worth shifting as excessive as USD 0.48 earlier than retracing earlier at present.
The USD 0.4 stage has been a key assist stage by a lot of late January and early February, providing some hope for token holders after the worth has been in a constant downtrend since mid-November final 12 months.
Value of GRT since November:
In the meantime, the positive aspects at present additionally got here after the legendary soccer participant Ronaldinho on Monday was introduced because the “international ambassador” of New World Inc., an entirely owned subsidiary of The Graph.
As an envoy for New World, Ronaldinho will take part creating “unique occasions and NFT experiences” in reference to the launch of New World’s augmented actuality (AR) NFT platform, an announcement from the corporate said.
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