This Altcoin Said “Big Announcement is Coming”, Gave a Date – Volatility Increased in Price

Artificial intelligence altcoins one of the most popular among The Graph (GRT) In the statement made on the official X account, it was reported that a big announcement would be made.

In the announcement made by the developers, it was stated that The Graph will enter a “new era” on November 7, 2023.

Following the announcement, there was a sudden increase of approximately 10% in the price of the altcoin. GRT, which was traded at $ 0.1053 before the announcement, reached $ 0.1176 at its peak after the climb and is trading at $ 0.1164 at the time of writing this article.

No details were given about what kind of innovation would be introduced in the announcement. cryptocurrency In the world, such “announcement announcement” posts are frequently used by developers to attract attention and create an increase in price. We do not yet know if there will be a “sell the news” type of event for The Graph.

The Graph promotes itself as a decentralized data marketplace that offers access to blockchain data. GRT also saw a similar price increase, especially during the period when the artificial intelligence trend was experiencing strong increases. GRT, which is not a very new altcoin, is trading at a 95.98% lower level than its peak at the beginning of 2021, when it was first launched.

*This is not investment advice.

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