Infinaeon's Presale Bonus Drives GRT Token Surge

The Graph, an indexing protocol designed to facilitate dApp development, has experienced a recent price rally, with its GRT token surging by over 10% to reach $0.15. This positive price action comes after months of decline, during which the token plummeted to new multi-month lows.

The Graph's price recovery has coincided with increased whale activity in the Infinaeon presale, suggesting a shift in investor focus from struggling projects like The Graph to more promising opportunities. The INF60 presale promotional code offers investors 60% extra in tokens, further incentivizing participation and contributing to the project's momentum.

Infinaeon, a Layer-2 Ethereum scaling project, aims to address the shortcomings of existing Layer-2 solutions. Its comprehensive platform includes a DEX, bridge, and unique staking options, 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, which 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.

The Graph's recent price increase, while notable, has not significantly altered its technical outlook. The moving averages remain in the sell zone, and long-term indicators suggest that more selling pressure could be on the way. Despite the price rally, The Graph's GRT token is still trading 95% below its all-time high from the 2021 bull market.

The INF60 bonus code is adding to the bullish momentum created by Infinaeon's 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.