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EN
Up by 39%, down by 15% — All about GEOD’s volatile price action and what’s next
['Lennox Gitonga', 'Written By', 'Reviewed By', 'Samyukhtha L Km', 'Olayiwola Dolapo', 'Kelvin Murithi']
AMBCrypto
The GEODNET team has already released almost half of its total supply of 962.94 million GEOD tokens.
ADThis high trading activity on CEXs and DEXs resulted in a spike in daily volume.
According to Blockworks, 240K GEOD worth over $44K were permanently burned in the last 24 hours alone, taking the two-day total to 715K tokens.
In fact, as per Blockworks, traders unstaked $12K GEOD this week alone, leaving $659K worth of tokens staked.
On the price charts, GEOD started its recovery this August, breaking back above a month-long support at $0.19.