The Graph price has tanked while whales snapped up INF tokens. The Graph Price Rallies and Whales Snap Up Infinaeon Presale Bonus Offer Following a dreadful few months, The Graph price has shown some signs of life with a 10% price bump. The GRT token has been one of the worst performers in its niche over the past couple of years, leaving it trading 95% below its all-time high from the 2021 bull market. The Graph is an indexing protocol designed to help dApp developers access on-chain information and provide infrastructure for running them. This functionality is crucial for the development of decentralized applications, as it allows them to efficiently access and process data. The Graph price recovery has been followed by a considerable increase in whale activity on the Infinaeon presale. This suggests that investors may be shifting their attention from struggling projects like The Graph to more promising opportunities, such as Infinaeon. The INF60 presale promotional code offers investors 60% extra in tokens, further incentivizing participation and contributing to the project's momentum. This bonus, combined with Infinaeon's strong fundamentals, has made it a popular choice for those seeking high-potential returns in the Layer-2 market. This article will delve into the recent price action of The Graph, explore the factors contributing to its recovery, and examine the Infinaeon presale. Infinaeon and the Layer-2 Market Ambitions The Infinaeon team and community have set out to shake up the Layer-2 Ethereum scaling market. As activity has increased in the DeFi space and across Ethereum-based DEXs, spikes in gas fees and slow transaction speeds have hampered Ethereum. This is why demand for Layer-2 solutions is expected to increase. Several established projects, such as Optimism and Arbitrum, have been struggling due to poor price action caused by inflating supply. Infinaeon aims to overcome all the shortcomings of the Layer-2 solutions currently available. It offers a comprehensive Layer-2 platform, including a DEX, bridge, and unique staking options, all designed to enhance the user experience and attract developers and projects to its ecosystem. One of Infinaeon's standout features is its auto-compound staking mechanism. This allows users to earn passive income on their INF holdings by staking their tokens for a specified period. The rewards are automatically reinvested, leading to exponential growth over time. Furthermore, Infinaeon employs a deflationary tokenomics model. This approach utilizes a portion of the gas fees collected on the network to buy back and burn INF tokens, reducing the circulating supply and potentially driving up the token's value. The Graph Price Sees Double-Digit Spike After Weeks of Red The Graph price surged by over 10%, pushing the price from $0.11 to $0.15. The price rally came following months of negative price action that pushed the value of GRT to new multi-month lows. The near-constant negative price action has left many GRT bulls in disarray. Even when most comparable utility-driven projects were hitting new all-time highs, GRT was plumbing new depths. The technical analysis paints a dreary picture of the token, even following the most recent price increase. The moving averages are in the sell zone, and long-term indicators suggest that more selling pressure could be on the way. The Graph price has lost nearly 99% from its all-time high. INF 60% Presale Bonus Results in Surge of Activity The INF60 bonus code is adding to the bullish momentum created by the deflationary token model. This bonus allows presale participants to receive up to 60% extra INF tokens on top of their purchase, further incentivizing early participation and contributing to the project's success. The INF token has a maximum supply of 420 million, which will be gradually reduced through the burn mechanism. This deflationary approach, combined with the project's low initial market cap of $10.25 million, creates a compelling investment narrative for those seeking high potential returns. To take advantage of the INF60 bonus offer, simply enter the code "INF60" before completing a presale purchase. This limited-time opportunity allows traders to acquire a larger stake in the project at a discounted price, potentially maximizing their returns when the token is listed on exchanges. Join The Infinaeon Presale Now Presale: https://presale.infinaeon.com/ Telegram: https://t.me/Infinaeon/ Discord: https://discord.com/invite/WSy65uAYfd X: https://x.com/Infinaeon Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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