Graph Token の価格

FAQ About GRT

• What is The Graph?

  The Graph (GRT) is a powerful indexing protocol designed to streamline data querying for blockchain networks like Ethereum and IPFS. It plays a crucial role in the decentralized finance (DeFi) space and the broader Web3 ecosystem by enabling efficient data retrieval.
  With The Graph, developers can create and deploy open APIs called subgraphs, which applications can query using GraphQL to access blockchain data. Currently, The Graph supports data indexing from Ethereum, IPFS, and POA networks, with plans to expand to additional networks in the future.
  The Graph boasts a vibrant global community, featuring over 200 Indexer Nodes in its testnet and more than 2,000 Curators participating in the Curator Program. This extensive network of contributors supports the protocol's robust functionality and growth.

• How to buy GRT

  To buy GRT, you can follow these general steps:
  
  1. Choose a cryptocurrency exchange and Create an Account
  Start by selecting a reputable and reliable cryptocurrency platform that supports GRT trading. You can also buy GRT here on Toobit. Sign up.
  
  2. Complete Verification (Not Mandatory):
  Read our How to Complete Identification on Toobit guide for more information.
  
  3. Deposit Funds:
  Deposit funds into your Toobit account. This could be done via credit/debit cards, or your crypto wallet.
  
  4. Navigate to GRT:
  Once your account is funded, navigate to the Markets section of the platform.
  
  5. Buy GRT:
  Locate GRT in the list of available cryptocurrencies.
  Place a buy order. Read our How to Buy Crypto on Toobit guide for more information.

• How to Sell GRT?

  You can sell GRT to USDT here on Toobit. Read our guide on How to Trade Spot on Toobit for more information.

• What is GRT price Now?

  Are you looking for GRT Price? Live GRT price is updated in real-time on Toobit.

• How to Withdraw GRT on Toobit?

  You can withdraw GRT and other crypto tokens into USDT here on Toobit. Read our How to Withdraw Crypto on Toobit guide for more information.

• How does The Graph work?

  The Graph (GRT) utilizes the Graph Token (GRT) as its primary work token, facilitating the network’s indexing and curating functions. GRT is an ERC-20 token built on the Ethereum blockchain, and it plays a key role in resource allocation within the network.
  Participants in The Graph ecosystem—including Indexers, Curators, and Delegators—stake GRT to perform various services. Their compensation is proportional to their contributions and the amount of GRT they stake. Specifically:
  Indexers earn rewards through indexing and query fees, which are distributed based on the volume of work they undertake.
  Curators receive a share of the query fees for the subgraphs they signal and support.
  Delegators are compensated with a portion of the rewards earned by the Indexers they delegate to, reflecting the indirect contribution they make to the network's operations.
  This token-based model incentivizes active participation and supports the efficient functioning of The Graph’s decentralized data indexing and querying services.

• What are the potential use cases for The Graph?

  The Graph (GRT) aims to provide reliable decentralized infrastructure to the mainstream market, ensuring both the economic security of its network and the integrity of queried data. This protocol enables developers to create and publish open APIs, known as subgraphs, which applications can query to access blockchain data directly. By eliminating the need for third-party intermediaries, The Graph simplifies the development process and accelerates the launch of decentralized applications (DApps).
  Thousands of developers have leveraged The Graph to build and enhance various DApps, including prominent projects such as Uniswap, Synthetix, Aragon, AAVE, Gnosis, Balancer, Livepeer, DAOstack, and Decentraland. This extensive adoption highlights The Graph's role as a crucial tool in the Web3 ecosystem, supporting a diverse range of applications and services.

• What is the history of The Graph?

  The Graph was established by Yaniv Tal (Project Lead), Brandon Ramirez (Research Lead), and Jannis Pohlmann (Tech Lead). With engineering backgrounds, the founders have collaborated for 5-8 years. Tal and Ramirez, both alumni of USC’s electrical engineering program, previously worked together at MuleSoft—a prominent API development company that went public and was acquired by Salesforce. Before founding The Graph, they co-launched a developer tools startup, focusing on optimizing the API stack. The Graph emerged from their vision to create immutable APIs and data access solutions using the GraphQL query language. The project has garnered support from a robust community, strategic venture capitalists, and notable figures in the blockchain space.

• The Graph Price Prediction Indicators

  Moving averages are essential tools for predicting The Graph's (GRT) price movements. A moving average calculates the average closing price of GRT over a specified period, divided into equal-length intervals. For instance, a 12-day simple moving average (SMA) for GRT is obtained by summing the closing prices over the past 12 days and dividing by 12.
  Beyond the SMA, traders often use the exponential moving average (EMA), which assigns greater weight to recent prices, making it more responsive to recent price changes.
  Commonly used moving averages in the cryptocurrency market include the 50-day, 100-day, and 200-day averages. These indicators help identify key support and resistance levels. If GRT’s price rises above these moving averages, it typically signals a bullish trend for The Graph. Conversely, a decline below these averages may indicate bearish market conditions.
  Additionally, traders frequently employ the Relative Strength Index (RSI) and Fibonacci retracement levels to forecast potential price directions for GRT.

• How to read The Graph charts and predict price movements?

  Candlestick charts are widely favored by traders for analyzing The Graph's (GRT) price movements due to the detailed information they provide, compared to simple line charts. These charts offer various granularities, allowing traders to select different time frames. For instance, a 5-minute candlestick chart is ideal for analyzing short-term price action, while a weekly candlestick chart is better for spotting long-term trends. Among the most commonly used charts are the 1-hour, 4-hour, and 1-day candlestick charts.
  A 1-hour candlestick chart, for example, segments The Graph's price action into one-hour intervals. Each candlestick represents the opening price, closing price, highest price, and lowest price of GRT within that hour.
  The color of each candlestick provides additional insights: a green candlestick indicates that the closing price was higher than the opening price, signaling a bullish trend, while a red candlestick suggests that the closing price was lower than the opening price, indicating a bearish trend. Some charts use hollow and filled candlestick bodies instead of colors to convey the same information.

• What affects the price of The Graph?

  The price action of The Graph (GRT) is primarily driven by supply and demand dynamics, similar to other assets. These factors can be significantly influenced by key events such as block reward halvings, hard forks, or updates to blockchain protocols. Additionally, external factors such as regulatory changes, adoption by corporations and governments, cryptocurrency exchange breaches, and other real-world developments can also impact the price of GRT. Consequently, the market capitalization of The Graph can experience notable fluctuations within short periods.
  For forecasting The Graph’s price, many traders keep a close watch on the activities of GRT “whales”—large holders of the token. Due to the relatively small size of The Graph's market compared to traditional financial markets, these whales can have a substantial impact on GRT’s price movements. Monitoring whale activity is crucial for understanding potential market shifts and making informed trading decisions.