$GRT ( The Graph): The Graph often called the "Google of blockchains." Major projects like Uniswap, CoinGecko, Decentraland, and Synthetix rely on it.
ANALYSIS: ATH: $2.88 (December 2021 / peak recorded ~Feb 2021, ~$2.84–2.88) Now: $0.01769 Decline: -99.4% from all-time high.
What does it mean? If you'd invested $1,000 at the ATH ($2.88073) in Dec 2021, you'd have bought ~347 GRT. That $347-GRT stack is worth ~$6.14 today — a loss of ~$993.86 (-99.4%).
POSSIBLE DOWN FALL REASONS: 2022 bear market + constant token unlocks + high indexer entry cost ($20K+ stake) + concentrated whale holdings.
THE TWIST: Network usage is at an ALL-TIME HIGH (1.2T+ queries) while price sits near lows, that shows that, Fundamentals ≠ price.
The data behind this $BTC pump is very important. $BTC pumped from $77,500 to $80,500 - Leverage trader buying has increased - Spot demand is still holding up, but has slowed down slightly
$btc can attack the $80,500-$82,000 area again if spot demand strengthens again