The Graph project appeared in the cryptocurrency rating in November 2020. Then the price of the GRT coin was $0.05. In the first month, GRT grew more than 10 times to $0.75 per coin. And then more. Just 2 months later, in February 2020, GRT set an absolute record at $2.84. At the same time, Bitcoin was also gaining heights and was at the epicenter of the first bullish wave of 2021. Therefore, the growth of the GRT coin can be confidently associated with the beginning of the crypto season.
What happened next?
In July 2021, Bitcoin fell by 2 times, from 64 thousand to 29 thousand dollars. The GRT coin at the same time collapsed 6 times, from almost $3 to a price of $0.5.
In the next 3 months, the second bullish wave began and Bitcoin not only reached its previous result, but also managed to overcome it. It recorded a new record of 68 thousand dollars. And what about our coin? And GRT was able to rise in price only 2 times and grow to the level of 1.21 dollars. It was an alarm bell, wasn't it?
A long bear season followed and the market only got cheaper for the next 3 years.
Bitcoin at some point fell to 15 thousand dollars, and the GRT coin to 0.07 dollars. This price turned out to be the minimum. Those who bought GRT at this price were subsequently able to make good money.
So, all investors were eagerly waiting for a new bullish season.
And then 2024 came and the bulls came.
Bitcoin soared to 108 thousand dollars, and the GRT coin managed to rise in price only to 0.34 dollars.
What will happen next, what is its possible price in 2025.
Here the chances are exactly 30% to 70%. Moreover, 30% that the market will grow and 70% that it will fall.
After all, in 2025, the bears will most likely come. And that means that the market will fall. The GRT coin will collapse even more.
But in case of growth, GRT may grow to 0.5 dollars.