Will I become rich by investing in The Graph (GRT)? What will The Graph be worth in the next 5 to 10 years, and what does this mean for investors?
Investments in The Graph have already made many crypto traders/investors rich, and it is highly likely that the altcoin will continue making even more individuals rich as its value rises in the next few years. Most forecasters are banking on the adoption of its indexing protocol by different actors on the Ethereum blockchain to help keep both the GRT token and your investment on a steady rise.
But to really understand how rich The Graph can make you, we need to look at its past price action and expected future performance.
The Graph tokens were first sold to public investors via an ICO in October 2020 for $0.03. Anyone who bought their GRT tokens then and HODLed has since seen this investment grow by more than 3300%, which translates to $3,300 for every $1K worth of GRT purchased during the ICO.
By the turn of the decade, technical analysts at CryptocurrencyPricePrediction believe that the altcoin will have appreciated by as much as 5650% to sell for $23. This says that if you invest $1K in GRT tokens today and this prediction comes to pass, you will be $57,500 richer in 2030 - which is more than you can make from most conventional investment and savings schemes.
In this post, we will be telling you what GRT may be worth in the next 5 to 10 years and assessing whether it can reach $100. First, though, we need to answer the question of whether and how you can make money with The Graph.
Can I Make Money Investing In The Graph (GRT)?
Yes, you can make money investing in The Graph, and you can go about this in two primary ways.
First, you can make money by investing long-term on The Graph. This involves stacking The Graph tokens and holding on to them for a long time, waiting for their value to eventually rise to unimaginable heights - possibly $100 and beyond.
To become a long-term GRT investor, you need to believe - informed by deep analysis and research - that the altcoin has the potent to reach these incredibly high price levels over the longer term. And if it ever reaches $100, you will have grown your GRT investment portfolio by more than 24900%.
Secondly, you can make money by trading The Graph tokens. This typically involves leveraging the altcoin’s volatile price action and scrapping marginal profits regularly. Here, you are timing GRT price fluctuations and buying the altcoins when their price dips before selling them as soon as that trade becomes profitable.
Assuming you are an experienced day trader and earn an average of 10% per week off, you will have grown your initial investment by 520% at the end of the year. This ROI is higher than interest rates provided by the majority of money management funds or bank savings. Subject to the initial investment, it is also enough to make you incredibly rich in just a few years.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Will The Graph (GRT) Eventually Reach $100?
Well, no one can predict with utmost accuracy what The Graph will be worth in the next few years or if it will eventually reach $100. However, different crypto pundits and price analysts believe in the possibility of The Graph token price eventually reaching $100, but they can only see it happening after 2030.
The most optimistic price prediction for The Graph for the next decade indicates that the highest GRT token prices can reach by 2030 is $35.
But why don’t they believe that it will get to $100 soon?
For starters, they have looked at the level of use case needed to create a demand that is strong enough to push GRT tokens above $100. At the moment, The Graph has only been around for about four years, and it has centred its operations around the Ethereum blockchain, where it has been embraced by a handful of Ethereum applications like Uniswap, Decentraland, and AAVE.
To get to $100, experts believe that GRT has to become the dominant indexing protocol on the Ethereum network and branch out to equally powerful blockchains like Bitcoin, Solana, Polkadot, and Neo.
There is also the question of the 24900% value jump and the growth of its market cap to around $1 Trillion needed if GRT is to hit $100. These experts aren’t so sure The Graph can achieve such momentous price jumps in the next 8 years.
So, if The Graph can’t reach $100 soon, what will it be worth in the next 5 years?
Check Out: The Graph Price Predictions
What Will The Graph (GRT) Be Worth In 5 Years?
Different crypto price analysis platforms, investors, and market observers have varied opinions on the direction that GRT’s token price will take for the next 5 years. The majority are, however, confident that GRT will most likely be trading between $3.9 and $6.8 by this time in 2026.
Crypto pundits at Coinpedia have, for instance, argued that the mid-2021 crypto market crash and dumping of GRT coins that followed caught the altcoin’s price by surprise and drove it off course. They add that it will be harder for GRT to get to $10 in the next 5 years as indicated in earlier forecasted and believe it will only manage a valuation of between $3.912 and $5.414.
Technical analysis by ICOCreed also indicates that GRT will have a hard time regaining investor interest and getting back to its early 2021 price peak. It suggests that GRT will most likely start winning back the crypto market trust in 2023 and 2024 and reach the highs of $6.84 in the next 5 years.
At CryptoPolitan, analysts believe that the unsteady market and the recent coin dump, plus the fact that GRT is still considered a newcomer, will play a key role in stifling its value appreciation for the next few years. They believe that it will take the altcoin about 5 years to convince the market of its worth, by which time it will most likely be selling for around $5.
Where Will The Graph (GRT) Be In 10 Years?
It is highly possible that The Graph token prices will rise above its peak price and rise higher up within the next 10 years. The market observers are also confident that it will have attained some level of dominance on the Ethereum ecosystem and probably branched to equally potent blockchains, which will play a key role in pushing up the altcoin prices to possibly between $6 and $36.
Technical analysis by PricePredictio.Net indicates that The Graph will most likely rebound and rise above the current ATH in 2024. They then indicate that GRT then embarks on a steady rise that sees its value soar as high as $36 by the end of 2030.
Crypto gurus at Economy Watch do not share this enthusiasm when it comes to altcoin’s future price action. While they expect the altcoin prices to continue rising, largely driven by the demand of the GRT indexing protocol after the DeFi protocols and dApps explosion, they can only see it reaching as high as $6 by the end of 2030.
The Reddit community is equally unsure of when the altcoin will reach $100. The majority argues that though they expect GRT to eventually break above$100, they also reckon that this journey will be long and bumpy.
Don't Miss: What Might Happen If You Invest $100 In The Graph (GRT) Today?
Is The Graph (GRT) A Good Long-Term Investment?
Yes, the greater section of the crypto community expects The Graph token prices to continue rising for the next few years, which makes it a good long-term investment. They are also confident the demand for The Graph indexing protocol will especially soar when DeFi, dApps, and NFT niches use cases explode.
Over time, the majority of crypto market players expect The Graph to extend its indexing services to other blockchain technologies like Bitcoin, Solana, Polkadot, Polygon, and Neo. They are also hopeful that the combined use case or the indexing protocol on these blockchain platforms will help catapult its price to unimaginable heights.
Simply put, the growing demand for The Graph indexing protocol on multiple blockchains and its expected value appreciation for the next few years both make The Graph a solid long-term buy.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Conclusion: Will The Graph (GRT) Make Me Rich?
It is highly likely that The Graph will make you rich as its value rises over the next few years. In the next 5 to 10 years, different forecasters expect its value to soar by as much as 1625% and 8900%, respectively. Both are enough to make you incredibly rich - subject to invested capital.
Some of the factors that these experts and analysts believe will help accelerate GRT token’s price growth include its adoption by more application on the Ethereum blockchain and possible launching on other smart contract blockchains.
But before you buy GRT tokens, remember these are just projections and that the altcoin’s past price action is not an indicator of its future price performance. Complement our and the rest of the crypto analyst opinions expressed here with your own research, and only buy GRT tokens if you believe their potential aligns with your investment goals.
Read More:
What Is The Graph? Should You Invest In GRT And Where To Buy It?
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