The Graph (GRT) is a decentralized protocol for querying and indexing the data from blockchains. GRT indexes data from eminent networks like Ethereum. It is an ERC-20 token powered by Decentralized Finance (DeFi).
Looking for an investment in GRT? Or are you already invested but worried about how it will perform?
Don’t be. In this article, we will discuss thoroughly The Graph price prediction for 2021 and beyond. Let’s see if GRT Price will Rise or Crash in the coming days.
Table of contents
|Market cap||$ 2,178,757,674.0000|
|Circulating Supply||$ 1,224,999,438.0000|
|Trading Volume||$ 166,193,039.0000|
|All Time High||$ 2.8400 February 12, 2021|
|All Time Low||$ 0.1033 December 17, 2020|
What is The Graph (GRT)?
The Graph is an indexing protocol and global API for organizing blockchain data making it easily accessible with GraphQL. The main aim of The Graph network is to build a decentralized next generation web3 layer that cannot be monopolized.
The graph network is considered as the middle layer between various blockchains and decentralized apps. The graph network makes the work easy for developers creating decentralized apps by organizing smart contract data on Ethereum blockchain called subgraphs.
The Graph is founded by Yaniv Tal, Jannis Pohlman, and Brandom Ramirez.
GRT Technical Analysis
GRT made its existence in the crypto space on 18 December 2020 with a cost of $0.17 according to Coinmarketcap. Effectively, the token surged to $0.68 within a few days of entering the market. Shockingly, the price dropped to $0.35 on 26 December and further jumped to $0.45 within a day. As the bears were ruling the market, the price further sank to a support level of $0.36 by the end of December to precede the year 2020.
GRT Price Prediction 2021
The graph resumed trading at a value of $0.35 during the start of January 2021. Later, the price started to variate and hit a resistance level at $0.59. GRT might form a new height if it gets listed on many exchange platforms and attains more users. Certain marketers might focus on investing in Graph. At the end of 2021, the token might hit the $15 mark.
GRT Price Prediction 2022
The graph might start off the year 2022 with a price of $18. Further, the digital currency might rise if it comes across certain developments and also if the market turns bullish. By the end of 2022, GRT might trade around $40 at the end of 2022.
5 Years GRT Price Prediction
By 5 years, GRT might be considered as the utmost currency to build a new decentralized generation. Its price might form a new all time high if the community invests in certain projects. It may concentrate on enhancing its blockchain infrastructure. The graph might go down up to $10 if the marketers do not focus on investing in it. By the end of 5 years, GRT might be traded at the $90 range.
GRT Market Prediction
According to CoinArbitrage, the graph’s price could be $1.55157 at the end of 2021. In the next three years, GRT would reach as high as $11.1035 and as low as $0.95887.
According to DigitalCoinPrice, GRT will trade at an average price of $3.8 at the end of 2021 and could exchange at $6.55 by the end of 2025.
TradingBeasts predicts that the graph would trade at $2.87435 at the end of 2021 and $5.01913 by the end of 2024.
Our GRT Price Prediction
GRT Price entered the year 2021 on a bearish note with a price of $0.35. Later, the Bulls gained control and formed an All-Time-High by reaching $2.88. The Graph price could rise if the community explores new blockchain integrations and it might break its previous price records.
Yes, GRT is an ERC-20 token working on Ethereum blockchain.
No, GRT cannot be mined as it is a non-mineable token.
Yes, GRT can hit $20 in the upcoming days.
GRT can be traded on the popular exchanges like Binance, Coinbase Pro, Kraken, KuCoin, Huobi Global and many more.