“The Graph” or GRT, is shining in the CoinMarketCap list and aggressively going in upward direct in terms of ranking based on market cap. As of now, while writing this post around at 7 AM UTC, GRT is ranking at position 24 on CoinMarketCap with market capitalization of around $3.3 Billion USD and growing. In this article let’s talk about do The Graph coin has potential to reach or cross milestones like $10, $100 or $1000 USD in near future. And if yes then when can we expect that would happen?
Can The Graph Reach $10 USD?
Before answering this question directly let’s quickly go through background and price analysis of The Graph(GRT) coin. Basically, use case of this The Graph protocol is to build open APIs generally called as SubGraphs, to query blockchain data from Ethereum and IPFS networks. And there is maximum cap for GRT coins of 10 billion tokens and currently 1.24 billion tokens are circulating in the market which is around 12% of total supply and expected to grow by 3% per annum.
Know More : The GRT Price Prediction
The Graph was listed on 18th December 2020 on CoinMarketCap around 2 months back with initial price of $0.19 USD. Now it is ranging at $2.7 USD which almost 15x of its initial price after listing out in the market. So, we can say start for this crypto GRT was amazing and we can hope, it will grow continue in near future.
Fundamentally, this coin The Graph(GRT) has a potential to grow up to 100$ USD as it qualifies necessary requirements like good use case and limited supply. So, till the time you have got your answer that, Yes, GRT coin will reach $10 USD soon. As per many crypto blogger’s and youtuber’s prediction, The Graph is expected to reach $10 USD within 6 to 10 weeks. But again, every prediction can fail and do not treat these answers as an investment advice. Do your own research or consult any financial advisor before making any investment decisions. You only will be responsible for any profit or loss you made.
GRT effectively working the favor of Blockchain developer with complete package provided. GRT market cap continue to surge as silently it enter into billion worth club and expected to finalize position under top 30 biggest crypto project. Binance, Kraken, Coinbase Pro this are top 3 trading platform where GRT traded and it already title 5x trading stats which similar as UNI, 1inch and ADA token.
If you are planning for long term hodl, in that case you can think of The Graph(GRT) coin as an option. As fundamentally this GRT coin is firm and strong. It will get more and more popular when big giants will start investing in this project. Final calls should be yours. Keep visiting us for more and latest updates from cryptocurrency industry. Thanks.