Will GRT reach $10?

The Graph is a decentralized network that allows developers to create APIs called subgraphs. Subgraphs are open APIs that allow access to blockchain data and are powered by indexing nodes that process and organize the data in a way that is easy
to query.

The Graph technology is based on three main components

• The Graph Node processes and indexes data from the blockchain
• Graph Explorer, which allows users to search for and discover subgraphs

The Graph protocol regulates how subgraphs are created, edited, and distributed

Use cases for the chart

The Graph has potential use cases in DeFi, games, social networks, and NFT markets. Current users include Uniswap, Aave, and Synthetix, while potential users include developers and organizations that require
efficient access to blockchain data.

Who are The Graph’s main competitors?

1. Amberdata: Amberdata is a blockchain data platform that provides real-time insights, data analysis, and monitoring tools for various blockchain networks, including Ethereum, Bitcoin, and Binance Smart Chain. Amberdata has a user-friendly interface and offers both a free and a paid version of its platform

.

2. Etherscan: Etherscan is a widely used blockchain explorer that provides access to data and analysis for Ethereum and other Ethereum-based networks. Etherscan offers a wide range of functions, including transaction monitoring, address search, and contract verification

.

None of these platforms have their own token.

What is the role of the graphic token?

The Graph Token (GRT) is the native ERC-20 cryptocurrency of The Graph network

• GRT is used to pay for indexing and query processing services on the network, as well as for editing and reporting on subgraphs
• GRT is also used as a governance token, allowing owners to participate in decision-making processes related to the development and management of the network.

Overall, the GRT seems to be a moderate case for investments.

The chart price prediction: Will GRT reach $10?

To reach $10, GRT will need to rise 70 times higher. At $10, the market capitalization of the chart would be $88.5 billion. If the GRT were to increase by 25% every year, it would take 20 years to reach $10. Since the chart is a moderate case for investment, here is the viability

• Growth required to reach $10 — Not feasible
• Market Cap at $10 — Feasible
• Time needed to reach $10 with 25% growth — Not feasible

What happens when 75% of the tokens have been burned?

To reach $10, GRT will have to go 18 times higher. At $10, the market capitalization of the chart would be $22 billion. If the GRT were to increase by 25% every year, it would take 13 years to reach $10. This seems more feasible, but ideally, more coins will have to be burned
.

The 2023, 2025 and 2030 Price Prediction chart

• The 2023 chart price prediction: $0.26
• The 2025 chart price prediction: US$ 0.47
• The 2030 Price Prediction chart: US$2.18