2021-7-6 17:48 |
The Graph (GRT) has jumped in value by 15% today, consolidating a 41% surge in the last week. Now, investors across the cryptocurrency sector have ramped up their interest in GRT coin, looking for an opportunity to make an entry in a favourable price range.
In light of this increased demand, we thought it would be helpful to release an article detailing the key thing you need to know about The Graph crypto, including what it is, how it works, and what our GRT price forecast is
Before we get into any of that, scroll down to the paragraph below to find out the best places to buy The Graph coin in the UK and elsewhere.
Where to buy The Graph coin onlineIf you want to invest in The Graph crypto we recommend signing up to a low-fee cryptocurrency broker, depositing funds and purchasing coins. While some crypto investors and traders prefer to buy GRT tokens through a decentralised exchange (DEX), we feel crypto brokers offer the all-around best experience for most investors/traders.
So, here are the two best platforms to buy, sell and trade The Graph crypto:
eToroeToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.
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Safemoon TraderSafemoon Trader is a trading software offering users a wide range of cryptocurrency coins including SAFEMOON, DOGE and Bitcoin.
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What is The Graph coin?It is essentially a search engine for the blockchain. Decentralised apps (dApps) are able to use The Graph to search the blockchain for data. They can then display what they find rather than having to create and store that data themselves.
The native token of The Graph is GTR, and this cryptocurrency powers the entire platform providing a means of payment for users and an incentive for good behaviour.
By allowing dApps to index data rather than holding it themselves, it makes the entire process of building a new app on the blockchain easier. The long-term vision of The Graph is for it to become the Google blockchain-based equivalent. Several major decentralised exchanges already use The Graph to display up-to-date price metrics, such as Curve and Uniswap.
Should I buy GRT coin?Whether or not you should buy The Graph crypto depends on your own investment strategy. If you are looking for a volatile but high-reward cryptocurrency with the potential for dramatic growth, The Graph could be an ideal asset. By contrast, if you want something more stable and predictable, investing in cryptocurrency may not be the best idea.
Will The Graph coin make me rich?While this is wholly unlikely, it isn’t impossible. Coins with far fewer credentials than GRT have already experienced exponential price accretion in a very short time period; take Dogecoin, for instance.
The Graph price predictionWhile price forecasts for cryptocurrencies usually involve a certain amount of guesswork (given how difficult conducting fundamental analysis is so difficult and the significant role of market sentiment), here is our GTR price prediction:
Rather than definitively answering questions such as ‘What will The Graph be worth in 2021’ or ‘What will The Graph be worth in 2025,’ we have provided a less time-specific long-term outlook. We feel that in bullish market conditions, GRT could reach $2.40 within one year and up to $9.50 in 5 years.
While this may seem ambitious, we base it on the value of GRT’s technology, the substantial market share The Graph has already managed to accrue, and the positive market sentiment providing the asset with momentum. Moreover, this price target is actually far more moderate than the figure given in many other respected crypto publications.
Social media coverage of $GRTLook, if you miss out on $GRT, that's on you, not me. I've done all I could to inform and educate. $ALGO $GRT $LINK $XLM $SKL $ANKR
But hey, you do you. pic.twitter.com/ZtX4smp8Zw
$GRT will breakout
Buy before the others ! 🚀 pic.twitter.com/LmiULuskAJ
Been slowly adding to my $GRT and $LINK during the last month. $ALGO is still my biggest bag and I'm also still holding $XLM $ANKR and $SKL and primarily watching $CRV $MATIC $REN $BNT, but I don't like to hold more than around 5 coins at a time. pic.twitter.com/sX1ryUd4jD
— Tryingtodomybest (@Engineeringhere) June 28, 2021$GRT the google of blockchain going to the 🚀🚀🤩🤩🚀🚀😍😍🚀🚀😇😇 https://t.co/1rcrI4r6Cw
— Mesang (@MesangL) July 4, 2021Check out the Invezz crypto news for the latest on The Graph and other trending cryptocurrency projects.
The post Where to buy The Graph crypto: our GRT price prediction appeared first on Invezz.
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