The Graph is leading crypto’s class of 2021 with a 33% rally this week
Today’s 11% gain in the Graph caps a 33% weekly rally of the bleeding-edge cryptocurrency. GRT has been languishing since it hit its all-time high in February, with May’s crypto crash pulling the price into the doldrums until now. The market has reversed and the coin is now picking up a head of steam, and this week’s rally takes GRT close to a crucial 3-monthly resistance level.
You can buy GRT now, before it goes into stratospheric. Read on to learn more about The Graph.
How and where can you buy The Graph?
The Graph tokens are easily purchased at most of today’s popular crypto brokers or exchanges. To ensure your funds are safe from bad actors, make sure you only use licensed and regulated platforms whenever possible. Below you’ll find two suggestions—we’ve scoured the market and selected the best options for you.
You’ll be ready to start trading the most popular coins as soon as you’ve signed up and funded an account.
eToro is a multi-asset trading platform that offers the best commission and fees rates. It’s a great platform for people just starting out.
GRT now available on eToro
NAGA is an innovative social trading platform that allows users access to the most popular cryptos and stocks around the world. The platform allows users to automatically copy the strategies and best traders.
GRT now with NAGA
What is The Graph, and How Does It Work?
The Graph is a protocol for blockchain indexing that allows users to manipulate data from blockchain-native sources. This allows queries similar to SQL to work on data from Ethereum ecosystems. This tool’s immense power has led many developers to build on top of The Graph, incorporating it into their workflows. Uniswap Balancer and Aave use GRT.
An IPO was the result of an IPO by blockchain veterans who founded the project. acquisition by household names such as Barclays and Salesforce.
Should I purchase GRT right now?
GRT is enjoying a greater wave of recovery towards its former highs, as the cryptocurrency bullmarket has returned to action. The coin’s all-time chart shows that the price is rubbing up against a crucial resistance level that hasn’t been hit since late May. It looks as though the resistance will break, which would make it easy to move back up to $1.20. A move like this would set the stage for a rally to new heights in Q4.
GRT all-time chart. Source: CoinMarketCap
With institutional interest persisting and The Graph’s use case growing every day, today’s price of $0.9242 could look like a bargain in the weeks, months, and years to come.
This article is informational only — none of the contents should be construed as financial or investment advice.