About project #GRT📈 (The Graph):

• The Graph is known as the “Google of blockchains”.

• It is an indexing protocol: it organizes data from blockchains like Ethereum, Fantom, Arbitrum, etc., so that decentralized applications (dApps) can quickly query information.

• It uses subgraphs, which are like APIs that developers can use to fetch data.

• The GRT token is used to pay those who provide these services (indexers and curators).

• The project is very strong in Web3 infrastructure and has partnerships with several major projects.

• They are also migrating part of the services to operate outside of Ethereum (multi-chain), which is great for the future of the project.

Project summary:

It is a solid, serious project well positioned for the growth of Web3. It has good fundamentals for the long term.

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Current conclusion:

• Short term: the upward trend continues, but with signs of overbought conditions.

• Medium/long term: it is a project with a lot of potential, especially if the crypto market enters a larger upward cycle (bull run).