HomeThe Graph is soaring today, added 16% to its value: best places to buy The Graph

The Graph is soaring today, added 16% to its value: best places to buy The Graph

March 16, 2022 By Daniela Kirova

The live Graph price today is $0.42 with a 24-hour trading volume of $485.7 million. The 52nd biggest coin by market cap has been enjoying an extended rally.  

If you are attracted to unique features and want to learn how and where to buy The Graph, this guide is for you.

Top places to buy The Graph now

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What is The Graph?

The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem.

Anyone can build and publish open APIs, called subgraphs, that applications can query using GraphQL to retrieve blockchain data.

There is a hosted service in production that makes it easy for developers to get started building on The Graph and the decentralized network will be launching later this year.

The Graph currently supports indexing data from Ethereum, IPFS and POA, with more networks coming soon.

The Graph makes it possible to query large datasets, helping developers simplify their coding process. It has three key products: Subgraph Studio, Graph Explorer, and Hosted Services.

The Graph price has been rebounding recently, which may be due to the ongoing migration to its platform. Graph developers note that many Ethereum builders are embracing its network.

Should I buy The Graph today?

Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also consider how you would feel about losing money.

The Graph price prediction

Analysts are divided on The Graph. Wallet Investor considers The Graph a bad one-year investment option. Its price will not increase, leading an investment to become devalued in the future.

The News Crypto couldn’t agree less. They predict the price will reach $3.5 soon, as early as this year, making it a very profitable investment.   

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