The Bonk ecosystem development protocol Graphite Token GP's market capitalization has surpassed 120 million USD, reaching a historical high, with a 24-hour rise of 22.2%.

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On July 8th, according to GMGN data, the market capitalization of Bonk ecosystem development protocol Graphite Protocol's token GP has exceeded $120 million, setting a new historical high, currently reported at $111 million, with a 24-hour rise of 22.2% and a 24-hour trading volume of $13.4 million. According to a previous official announcement from Graphite Protocol, the team has repurchased 2.81% of GP tokens in the past two months and will continue to do so. The official website shows that Graphite Protocol has developed multiple products based on the Bonk ecosystem, including copy trading Bots like Parallel. BlockBeats reminds users that the prices of related tokens fluctuate greatly, and users should invest with caution.

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