I saw a similar comparison on either Twitter or an Idea here and decided to chart it myself. MATIC and GRT had very similar paths, at least since 3/1/2021 (on different scales). The orange line is MATIC, and the blue is my hypothetical GRT path. In a time when a massively oversold and undervalued coin like GRT is down over 30% in the last 60 days, it's good to remind ourselves of how these things tend to play out over time. If GRT took the same path up that MATIC did, this is what it would look like.
I've said this before, but with a market cap under 2 billion, GRT's potential has never been better. It really should be in the top 10/20 spots by market cap, but isn't yet. That is fine as this just gives us time to accumulate more and more at these prices. I'm not a crypto billionaire. I get paid every couple weeks. I pay my bills, put some in savings, and what's left goes into GRT right now. The more time I have to load up my bags, the better.
Of note, Vitalik Buterin recently mentioned the graph as a solution to querying historic data from the ETH proof of work blockchain, in an interview regarding ETH2.0
vitalik-buterin-talks-nfts-daos-defi-and-the-next-billion-ethereum-users
`"The entire transaction history of the blockchain will still be in this proof of work chain. But, eventually, Ethereum clients will delete the old code, which will no longer be compatible with the new version. “And people are going to have to either use old nodes or create special-purpose protocols to handle really old data,” he explained.
Tools such as The Graph, which can efficiently locate old data, are already available, he noted, and new ones are being developed.`
I'm confident that holding GRT will prove to be a smart move in the long run.
Good luck!
I've said this before, but with a market cap under 2 billion, GRT's potential has never been better. It really should be in the top 10/20 spots by market cap, but isn't yet. That is fine as this just gives us time to accumulate more and more at these prices. I'm not a crypto billionaire. I get paid every couple weeks. I pay my bills, put some in savings, and what's left goes into GRT right now. The more time I have to load up my bags, the better.
Of note, Vitalik Buterin recently mentioned the graph as a solution to querying historic data from the ETH proof of work blockchain, in an interview regarding ETH2.0
vitalik-buterin-talks-nfts-daos-defi-and-the-next-billion-ethereum-users
`"The entire transaction history of the blockchain will still be in this proof of work chain. But, eventually, Ethereum clients will delete the old code, which will no longer be compatible with the new version. “And people are going to have to either use old nodes or create special-purpose protocols to handle really old data,” he explained.
Tools such as The Graph, which can efficiently locate old data, are already available, he noted, and new ones are being developed.`
I'm confident that holding GRT will prove to be a smart move in the long run.
Good luck!