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The Graph protocol popularity is rising exponentially among Decentralized Finance (DeFi) application developers and analysts expect the price of the GRT token to jump any time.
The price of GRT token has been on the decline since November 27 and most analysts believe that besides the demand for The Graph protocol, the GRT is also highly oversold and the market could start correcting anytime from now.
To help investors and traders who are eyeing to buy and hold The Graph (GRT) coin, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy The Graph (GRT)
Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
eToro
eToro 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.
What is The Graph (GRT)?
The Graph (GRT) is the native token of ‘The Graph’ protocol.
For those hearing about ‘The Graph’ protocol for the first time, it is an indexing protocol that DeFi application developers use for querying data for networks like IPFS and Ethereum.
Currently, The Graph supports querying Ethereum, POA, and IPFS data, with more blockchains expected to be added to the list soon.
Anyone can build and deploy open APIs on ‘The Graph’. These open APIs are called subgraphs and DeFi applications can use them to query data using GraphQL.
There are currently more than 3,000 subgraphs that have been deployed on ‘The Graph’ by developers for several DApps like Synthetix, AAVE, Uniswap, Gnosis, Aragon, Balancer, DAOstack, Livepeer, and Decentraland among others.
Should I buy the GRT token today?
GRT token could be a great dip-buying opportunity as you wait for the much-awaited bounce back that would most likely push GRT price back above $1 before the end of the year.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
The Graph (GRT) price prediction
Though it is difficult to predict crypto prices due to their market volatility, analysts believe the GRT dip is almost coming to an end and the coin could close the year around $1.0.
$GRT social media coverage
The post Analysts believe The Graph (GRT) dip is coming to an end: here is where to buy GRT token appeared first on Invezz.
