Graph (GRT) has become the most traded token by ETH whales, surpassing the popular altcoin Polygon (MATIC). Graph (GRT) has surpassed popular altcoin Polygon (MATIC) as the most traded cryptocurrency by the top 1000 Ethereum (ETH) whales in the past 24 hours. GRT Coin also entered the list of top 10 cryptocurrencies bought by the largest Ethereum (ETH) wallets. Cryptocurrency stands in ninth place. Detail cryptocoin.com‘in.
This altcoin surpasses Polygon
The most traded cryptocurrency by ETH whales was GRT. The top 1,000 Ethereum wallets are worth an average of $143.66 million. And these wallets hold an average of 40,453 ETH, 38 tokens and 1 NFT. The biggest ETH whales have taken an interest in the coin to make the coin the third most used contract in the last 24 hours. However, USDC and Ethereum top the list with first and second positions respectively.
The UNI token is the most widely held token by ETH whales, while the FTX token is still the largest token held by dollar value. The largest wallets hold over $1.5 billion in FTX tokens. It accounts for more than 19% of the total among the rest of the cryptocurrencies.
Graph (GRT) Coin released new announcements
Recently GRT posted some announcements regarding Subgraph, NFT use cases and more. Graph is a project focused on the future of data retrieval and management. It is currently hosted on Ethereum as we plan to add support for the Ethereum virtual machine. The growing list of Subgraphs can be called the main reason why GRT has attracted the attention of investors. Subgraphs are open application programming interfaces (APIs) delivered by the network for popular decentralized applications and blockchain protocols. It can be created by anyone and is designed to make data easily accessible.
Recently, Subgraphs has been launched for individual projects such as porting game subgraphs to NiftyLeague, a community-led game studio. It was previously integrated with Subgraphs, Juicebox Protocol, and AssangeDAO. The Graph token is trading at an average price of $0.351883 with a 24-hour trading volume of $124,281,861. It’s down 0.19% in the last 24 hours. According to Coinmarketcap, GRT ranks 56th with a total market capitalization of over $1.6 billion.
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