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
Overview
| Cryptocurrency | The Graph |
| Token | GRT |
| Price | $ 1.4900 |
| Market cap | $ 1,822,384,491.0000 |
| Circulating Supply | $ 1,224,999,438.0000 |
| Trading Volume | $ 0.0000 |
| All Time High | $ 2.8400 February 12, 2021 |
| All Time Low | $ 0.1033 December 17, 2020 |
Fundamental Analysis of Graph Token
The Graph is an indexing protocol and global API for organizing blockchain data making it easily accessible with GraphQL. 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 was founded by Yaniv Tal, Jannis Pohlman and Brandom Ramirez.
Also Read: Ethereum Classic Prediction 2021 – Will ETC Price Reach $150, By End of 2021!
GRT Price Prediction 2021
The token entered the year 2021 on a bearish note with a price of $0,35 during the early January. Later, the token started to recover and marked its ATH at $2.88 of Feb 12, 2021. However the price further declined slightly, yet trending above $1.2 levels manifesting a probable bull run fast approaching.
GRT prices might hit new heights if it concentrates significantly on upgradation of its software as well as its protocol. At the end of 2021, GRT might be traded at $5 to $7 mark.
GRT Price Prediction 2022
The graph might start off the year 2022 with a price of $6.8. Further the digital currency might rise if it comes across certain developments and also if the market turns bullish. Further the bears might drag the prices down to $4. By the end of 2022, GRT might trade around $12 to $15 at the end of 2022.
Price Prediction For The Next 5 Years
By 5 years, GRT might be considered as the utmost currency to build a new decentralized generation. The graph’s price might escalate if the community focuses on investing in certain projects and enhancing the blockchain infrastructure. The graph might fall up to $10 if the market continues to be volatile for a long period. By the end of 5 years, GRT might be traded at the $20.
GRT Market Prediction
Walletinvestor
According to Walletinvestor, the graph’s price could be $5.532 at the end of 2021 and by 2026, the price lead to $21.539
DigitalCoinPrice
DigitalCoinPrice analyst predicts that GRT will trade at an average price of $2.22 at the end of 2021 and could exchange at $4.49 by the end of 2025.
TreadingBeasts
TradingBeasts predicts that the graph would trade at $2.87435 at the end of 2021 and $5.01913 by the end of 2024.
Gov.Capital
The analyst of Gov.capital predict the GRT price may trade in between $4.911 to $5.6 by the end of 2021.
Our GRT Price Prediction
The graph’s price could intensify if the community explores new blockchain integrations and it might break its previous price records. Further announcement of crypto regulations by several nations may result in the decline of GRT prices up to $3.5. At the end of 2021, Graph might be exchanged at $18 in the coming 5 years
Also Read: Decentraland Price Prediction 2021 : MANA Price Hits $1 , What’s next?
Historic Market Sentiments
2020
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.
FAQ
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.
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