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About The Graph

The Graph Price Prediction

The Graph [GRT] is a query protocol for indexing information in decentralized networks. 

History and team of the GRT Crypto project 

Work on the GRT Crypto started in 2017, and the project was launched in December 2020. The launch was helped by large investors. One of them is the venture capital firm Coinbase Ventures from the eponymous exchange. In total, it took $ 19.5 million to launch. 

The founders of the project are the head Yaniv Tal, the scientific director Brandon Ramirez and the technical director Jannis Pohlmann. In the past, Ramirez and Tal were colleagues at API development tools company MuleSoft. Colleagues have created an immutable database framework called Datomic. The graph was born out of the concept of building immutable APIs and accessing data using the GraphQL query language. 

Yaniv Tal, co-founder and CEO of The Graph, and his team decided to develop an indexing protocol to facilitate access to blockchain data. Tal and his colleagues have learned from their own experience how difficult it is to create new Ethereum blockchain applications.

Through their experience with applications, they figured out that there is no decentralized indexing and software query system for the blockchain yet. At that time, developers had to invent their own methods for collecting and transforming data from different sources.

The Graph Key Features

The Graph works the same way as search engines like Google – it composes a database of transactions and information in blocks. It can then be accessed quickly and easily. In fact, The Graph is a decentralized version of services like Etherescan. But unlike Etherscan, users do not need to rely on the company that makes up such a database. It is protected from any falsification by blockchain technologies. 

The project allows making requests to various networks, for example, Ethereum [ETH] using the GraphQL query language. This language makes it possible to set search criteria and what fields of the base it should be conducted by.

Data in The Graph is organized in the form of "subgraphs", the application can use one or more subgraphs, which contain the data necessary for the application to work. For example, subgraphs that store information from the Uniswap [UNI] exchange contains data about tokens, operations with them, transactions, and trading volumes. With the help of The Graph technologies, this information can be used to build decentralized applications in any blockchain. 

At the moment, The Graph supports indexing data from Ethereum, IPFS and PoA networks. In the future, the platform plans to support several more networks. More than 2300 subgraphs have already been implemented, and developers use them in their applications. The list of apps includes AAVE, Aragon, Balancer, DAOstack, Uniswap, Synthetix and many more.

GRT token 

GRT is the governance and utility token of Graph. It can serve as a means for exchanging and rewarding community members who act as indexers, curators, and delegators. This ERC-20 token has a maximum supply of 10,000,000,000 units, and an additional 3% of tokens will be issued annually. 1% of all paid commissions are burned.

GRT crypto staking

In order to acquire stakes in the nodes on which the platform is based and sell their services on the "query market", the user must block a certain amount of GRT. In return, he receives material rewards If the indexer behaves in bad faith and, for example, deliberately changes data, as punishment the system will confiscate the GRT tokens that it has blocked. 

Is GRT Crypto a good investment?

Most likely, in the future the system will be similar to MakerDAO and Compound. Once the protocol is ready for this, the team plans to create a Decentralized Autonomous Organization (DAO) that will provide key stakeholders with an opportunity to participate in key protocol decisions.

Like the other DAOs, the governing body for the technical parameters of the protocol will be The Graph Council, a community-driven project management body, which is also responsible for how the Graph Foundation distributes GRT tokens. Its core functions include grants and ecosystem funding decisions, protocol updates, protocol parameter changes, and other emergency decisions.

Currently, indexing technologies work only on the Ethereum [ETH] blockchain, but in the future it is planned to expand the functionality to all networks. There are already large popular projects among those who actively use The Graph. They include a decentralized exchange Uniswap [UNI], a network for trading synthetic assets Synthetix [SNX], Decentraland [MANA], Aragon [ANT].

Looking at the rapid development of the DeFi industry, we see how important it is for developers to have free access to data from the blockchain. Making the process faster and easier can impact the growth of the entire industry, as well as its reliability, security and throughput.

The need to create an information bridge between applications and data from the blockchain is obvious to everyone. The Graph offers a potential solution to this challenge. Thanks to the use of smart contracts based on user data, the project turned out to be simple, economical and fast. The platform looks like a promising tool, especially for those looking to increase the number of blockchain use cases. If the network develops successfully, it will become the missing link in the complete decentralization of blockchain applications.

The Graph Price Prediction 2021

Check out the video to know The Graph price prediction for 2021.

How To Buy The Graph

There are several ways to purchase The Graph. But first of all, you need to have the wallet compatible with the token, for example, Ledger, Coinomi, Trezor, etc. It’s important to have a wallet where you can store your tokens, but as The Graph is a token, most wallets support it.

Then you locate the GRT address from there that will look like an Ethereum address starting from 0x. After signing up to The Graph you can buy the coin with fiats or other cryptocurrencies through one of the exchange services. 

Obviously, GRT coin can be bought through Binance. There you can purchase it with any supported asset or with fiat, but with a higher fee. A good source is also eToro that allows investing in The Graph using many traditional payment methods and with low fees.

There are other exchanges where The Graph can be traded with other tokens or bought using traditional ways. It’s also recommended to withdraw the Coins to the wallet not to keep them at the exchange. 

The Graph Roadmap

As of now, with the mainnet launched, The Graph continues to evolve. The team said the Graph Foundation is developing a decentralized Graph Explorer application and Gateway that will provide all network members with the assistance they need.

The project is also open to any third-party individuals or legal entities who wish to help develop the network. Anyone can apply for participation in the grant program or start collaborating with other members of the community.

FAQ

Where can you buy GRT tokens? 

The most active exchanges for this cryptocurrency are Binance and Coinbase Pro. 

What is the GRT crypto price? 

Since the launch, GRT Crypto managed to grow 10 times, but now it is trading below historical highs. GRT price today is $ 0.845432. Over the past 24 hours, it has grown by 2.9%.

What is the GRT Crypto Price prediction?

According to some analysts, in 2021, the GRT crypto price might rise to almost $0.96. If the bullish trend preserves, the GRT crypto price will reach $1.5 by the end of 2022.

Is The Graph going to go up?

The Graph is a fairly promising cryptocurrency. The price of a cryptocurrency can either go up or go down, it depends on many factors, both in the market and in the media space. We always recommend making your own research.

How much is The Graph worth?

At the time of writing, the cost of The Graph is $0.3043. The market cap is $157.40 million and a $29.04 million 24h volume.

What Is The Future of GRT?

The general Graph price prediction is that the token will experience a strong price increase. The experts suppose the Coin price to rise more than double before the end of 2021. Some of the analysts expect The Graph to reach over $1000 by the end of 2022. Those predictions for the future were boosted by rising trading volumes but can also change at any moment according to the current situation. 

As GRT coin price also plays a big role in The Graph Smart Chain and it’s possible for it to overcome Ethereum in the future.

Will The Graph Reach $1?

We do not make any price predictions and can not guarantee that any investment advice you use will definitely bring a profit or loss. We recommend making your own research. 

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The Graph Price Prediction 2022

We have gathered the latest The Graph price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.

Trading Beasts has set the following targets for The Graph in 2022: an average of $0.547, a maximum of $0.683, and a minimum of $0.465. Based on the provided data, purchasing The Graph might be a good long-term investment.

PricePrediction.net has come out with a positive price prediction for The Graph: an average of $0.58, and a minimum of $0.56 is what holders could be anticipating in 2022.

Wallet Investor is prominent that The Graph prices will fall, forecasting a potential bearish trend in 2022. According to the website algorithm, investors may be expecting an average of $0.061, with a potential maximum of $0.02, and a minimum of $0.041.

The Graph Price Prediction 2023

Similarly, Trading Beasts indicates an average of $0.663, a maximum of $0.829, and a minimum of $0.564 for The Graph.

Based on the information provided by key indicators, PricePrediction.net believes that The Graph prices could grow next year. The website forecasts the following prices for The Graph: an average of $0.87, a maximum of $1, and a minimum of $0.84.

According to Wallet Investor, The Graph prices are estimated to show negative downtrend signs in 2023, reaching an average of $0.086, with an expected maximum of $0.029, and a minimum of $0.057.

The Graph Price Prediction 2024

Trading Beasts expects a continuous positive trend for The Graph throughout 2024. The prices are likely to range between a maximum of $1.058 and a minimum of $0.72, with the average price reaching $0.846.

PricePrediction.net has set an average of $1.23, a maximum of $1.41 and a minimum of $1.19 for The Graph in two years, therefore predicting value growth for the token.

As for 2024, Wallet Investor is bearish on The Graph. Investors should watch out for a potential average of $0.135. The website also indicates a maximum of $0.045 and a minimum of $0.09 in two years.

The Graph Price Prediction 2025

Trading Beasts is also indicating an increase in The Graph prices, starting from the minimum of $0.836 and reaching as much as $1.229. The expected average price is $0.983.

Furthermore, PricePrediction.net is seemingly enthusiastic about The Graph prices in 2024. The website forecasts that the price may go up to as much as $2.08. The expected average price is set at the $1.86 level, whereas the expected minimum price is $1.81.

In 2025 Wallet Investor views The Graph negatively. According to the website algorithm, the expected average price is $0.161, with potential maximum and minimum prices reaching $0.108 and $0.054 respectively.

The Graph Price Prediction 2030

Trading Beasts predicts that the bullish trend will remain strong for The Graph in 2030. Investors could be expecting an average of $1.671. The maximum and minimum prices might hit $2.139 and $1.203 respectively.

Last but not least, based on the sentiment from PricePrediction.net, The Graph prices will continue to grow in the long run, with the average price reaching the $12.27 level. The expected maximum price is $14.61 and the potential minimum is $11.83.

According to the long-term forecast from Wallet Investor, The Graph has bad investment potential. The prices could reach $0.119 on average, whereas the maximum price could go up to as much as $0.156, and the minimum price could hit the $0.082 point.

Conclusion

Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.

FAQ

Is The Graph a good investment?

According to the experts' forecasts, The Graph will be a good investment.

Does The Graph Have Potential?

The GRT is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since The Graph forecast is positive, It has potential.

How much will The Graph be worth in 2022?

In 2022 the price of GRT is expected to reach $0.66, based on the forecasting from various sources.

How much will The Graph be worth in 2023?

In 2023 the price of GRT is expected to reach $1, based on the forecasting from various sources.

How much will The Graph be worth in 2024?

In 2024 the price of GRT is expected to reach $1.41, based on the forecasting from various sources.

How much will The Graph be worth in 2025?

In 2025 the price of GRT is expected to reach $2.08, based on the forecasting from various sources.

How much will The Graph be worth in 2030?

In 2030 the price of GRT is expected to reach $14.61, based on the forecasting from various sources.