The Graph (GRT) Price Recovery at Risk Due to Rising Selling Pressure
The Graph (GRT) price is recovering from multi-week lows, trading at $0.20, but this might be the extent of the recovery.
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The Graph (GRT) price is recovering from multi-week lows, trading at $0.20, but this might be the extent of the recovery.
The value of GRT, the native token of the leading indexing protocol, The Graph, has dropped by double digits in the last month. Exchanging hands at $0.19 as of this writing, the altcoin's value has plummeted by 27% in the last 30 days.
TL;DR Wide Range of Estimates: Analysts significantly disagree about GRT's future price, with predictions spanning from a few cents to over $10 by 2030. This vast difference highlights the inherent uncertainty in cryptocurrency price forecasts. Modest Growth Expected in 2024: Most analysts foresee moderate growth for GRT in 2024, with estimates ranging from around $0.
The Bitcoin price consolidation above $60000 has stalled supply pressure in the crypto market while raising the voice of potential bottom and buy-the-dip. The altcoins market witnessed a notable correction in June amid the Bitcoin miners capitulating and increasing outflow from the US-based ETFs.
Despite Nvidia's sharp decline, AI crypto tokens are surging double digits, indicating resilience in the market.
The Graph (GRT) price movement throughout June was no different than what the other altcoins witnessed.
AI Coins such as Near Protocol (NEAR), Render (RNDR), Injective (INJ), and The Graph (GRT) have seen significant gains today. Notably, this rise occurs amid a downturn in the broader crypto market and the sluggish performance of Nvidia (NVDA) stock, stirring excitement and curiosity among investors about the sustainability of this rally.
The market cap for AI-related crypto tokens increased by over 15% in the past 24 hours in response to gains made by artificial intelligence company Nvidia. With the chipmaker leapfrogging Microsoft to become the world's most valuable company, blockchain projects focused on artificial intelligence have also seen increased interest in their tokens.
With the news of Nvidia (NVDA) becoming the world's most valuable company, Artificial Intelligence (AI) based cryptocurrencies have recorded a strong bullish reversal in their respective charts over the past 24 hours. Moreover, top AI tokens such as Render (RNDR), The Graph (GRT), Fetch.
Spikes in crypto-related Google search queries have historically occurred at major market tops, validating legendary investor Warren Buffet's mantra of buying in doom and selling in boom.
Injective (INJ)integrates with The Graph to offer developers enhanced access to on-chain data, fostering the creation of sophisticated dApps.
The transition sees subgraphs upgraded from centralized hosting providers to a distributed network of token-incentivized data indexers.
Explore the best AI crypto coins for 2024. Learn about top AI coins like NEAR, ICP, RNDR, INJ, and GRT, and understand why they are worth your investment.
$10 invested in these obscure and inexpensive 100X cryptos is a low-risk strategy worth pursuing that can yield huge returns.
The world of artificial intelligence (AI) is rapidly evolving, and the integration of blockchain technology is fueling a new wave of innovation known as AI tokens.
The crypto market has displayed a mixed sentiment over the past weekend with Bitcoin price recording a consolidated weekend. In contrast, the altcoin leader, ETH price, added over 5% to its valuation during this time.
Meme madness is back, and that means rip-roaring returns for under-the-radar cryptos. Here are three cryptos to buy that could benefit.
The Graph (GRT) price is seeing some recovery as the Artificial Intelligence (AI) token market rises ahead of Nvidia's Q1, 24 earnings report. Nvidia earnings and price outlook for AI tokens As Invezz highlighted earlier today, the sentiment around the chipmaker's much anticipated earnings report saw crypto tokens such as Render and Akash Network soar.
Despite the crypto market experiencing a significant correction, and Bitcoin price dropping below $70K. The Artificial Intelligence (AI) category has successfully regained momentum, resulting in top tokens recording significant price action over the past few days.
Artificial Intelligence (AI) chip manufacturer, Nvidia has released its Q1 2024 earnings posting gains beating market expectations. In a May 22 release, Nvidia disclosed a $26 billion revenue in the first three months of the year, an 18% jump from last quarter and a 262% rise in the last 12 months.
In this article we report the latest most relevant news regarding the crypto ecosystems of The Graph, Litecoin and Bonk.
With its high daily active users, accumulation trends, and rising prices from the recent lows, one of the AI coins had a moderate advantage.
As we move forward in 2024, the cryptocurrency landscape is constantly evolving , with many projects competing for attention and investment. An example of such a project is The Graph (GRT), a decentralized protocol designed to efficiently index and query data from blockchains.
As the Bitcoin price stagnates close to the $66K mark, the altcoins are on the verge of massive moves. Amidst such tokens, the GRT price shows a post-retest rally ready to spring into action and surpass multiple resistances.