Source: iStock/PeskyMonkey
Web3 Protocol The Graph's native GRT token was the biggest riser among the top 100 crypto assets by market cap today after price recovered from a key technical support level and legendary soccer player Ronaldinho became the ambassador official global token of a non-fungible token (NFT) associated with the platform.
As of 15:10 UTC Tuesday, GRT is up 17% in the last 24 hours, but down 6% in the last 7 days and 20% in the last month. The token, which is currently ranked as the 50th most valuable crypto asset by market cap, stood at €0,475 at the time of writing.
Today's strong gains positioned GRT as the day's best performing coin among the top 100 coins by market cap, ahead of gala (GALA) and kadena (KDA), which came in second and third with little gains. more than 14% each.
The latest rally for the GRT token came as the price bounced off a key technical support level around €0,4, with the price reaching as high as €0,48 before recovering earlier in the day.
The $0,4 level was a key support level for much of late January and early February, offering token holders some hope after the price has been in a steady downtrend since mid-November. from last year.
GRT prices from November: