• The Graph (GRT) token surged by over 35% on Tuesday, hitting its highest point in 9 months.
• Litecoin (LTC) also rose, breaking a three-day losing streak and edging closer to its May high.
• Both tokens have seen strong gains this week, with the Graph up by 100.63% and Litecoin up by 15.31%.
The Graph (GRT)
The graph token surged by over 35% so far on Tuesday, as markets continued to be buoyed by the growth of its ecosystem. Since allowing integrations to new blockchains, prices of the indexing protocol’s native token have jumped by over 200% from 2022 lows. GRT/USD rose to an intraday peak of $0.1848 earlier today, a day after prices hit a low of $0.1278. As a result of this move, GRT/USD jumped to its strongest point since May 17, last year. Overall and as of writing, GRT is up by approximately 100.63% in the last seven days, and this comes after bouncing from a support at $0.090.
Litecoin (LTC), on the other hand, snapped a three-day losing streak, moving back towards recent highs. Following a low of $95.57 on Monday, LTC/USD jumped back above $100.00 on Tuesday, hitting a high of $100.13 in the process Today’s rebound in price sees litecoin edge towards a resistance level at $101