Why is GRVT up 139.10% Today, July 31, 2026? TGE Distribution Meets Early Price Discovery

GRVT is undergoing volatile post-TGE price discovery after the July 30 token generation event, with GRVT/USDT up 139.10% in 24 hours and a wide 0.1000–0.4503 range. Limited spot-pair turnover (about 63.16K USDT) suggests early liquidity is thin, so marginal flows can move price sharply. Near-term trading is driven by newly available float meeting launch demand and early-holder positioning rather than established trend signals.