GRT vs FET: Exploring Growth Potential
Bitcoin, Ethereum, and other major digital currencies are always smart investments. True crypto investors understand the importance of scratching under the surface and finding less popular coins that could bring more profit. In this article, we compare GRT vs FET, two currencies that might be worth the attention. You’ll discover more about the coins and predicted prices, revealing which option is better for your portfolio!
What Is GRT?
GRT is the native token of The Graph, which is a global community and an indexing protocol. The goal is to query data that powers decentralized applications on blockchains like Ethereum. The Graph works to create a public and decentralized infrastructure that users can rely on. It allows hosting data without building your own servers, which can cut down costs significantly.
The Graph uses subgraphs. These are open APIs built with this protocol, and they serve to store and organize data for applications. Creators indicate that over 70,000 projects exist on The Graph, and its ecosystem also contains over 100+ indexer nodes.
GRT is an ERC-20 token, meaning the developers built it on Ethereum. A single GRT coin is now worth about $0.22. It’s among the top 50 cryptocurrencies by market cap since its capitalization is over $2.1 billion. You’ll currently find 9.5 billion GRT coins in circulation, with a total supply of over 10.79 billion.
If you’d like to learn more about other potential crypto investment gems, explore the XYO price forecast to get some insights into its value.
GRT Future Price
GRT was at its all-time high of $2.88 in 2021. Here’s what the forecast says regarding the coin reaching that value soon:
- 2024. Most experts agree the growth won’t be fascinating this year. Some warn that GRT could even drop to $0.204, but most think it will go over $0.3. You can even find experts placing it at $0.391.
- 2025. Next year could be more successful for GRT, with the lowest value estimation set at $0.236. The majority puts the coin over $0.41, with some claiming it could reach the $1 milestone.
- 2026. GRT could be at $0.57 in 2026, and if things go well for the crypto market, the coin could exceed $0.72.
- 2029. There seems to be no doubt that GRT will exceed $1 by this year, although a few forecasts don’t put it over $0.72. Those who are more optimistic have it at $1.8 and even at over $2.18.
What Is FET?
FET is the native network of the Fetch.ai. That project utilizes AI power to serve the community by developing and nurturing a digital economy with the highest degree of autonomy. Human interference isn’t necessary, although people and other agents can participate in the economy.
Fetch.ai creates an infrastructure where you can share data and collaborate. The economy includes consumers and suppliers, and the use cases cover various sectors — the supply chain, smart homes, and even collective learning platforms. Fetch.ai uses a directed acrylic graph structure mixed with blockchain technology. It enables the highest security level while ensuring fast and affordable transactions.
FET is now worth around $1.3 per coin. Its market cap is over $1 billion, placing it in the top 70 in the crypto rankings. The coin’s total supply is over 2.6 billion tokens, while the circulating supply is currently around 848 million.
FET Future Price
Let’s see what we can expect from Fetch.ai in the future:
- 2024. The forecasts vary significantly, with some warning that FET could drop to $0.86 before the year ends. Others expect an exciting few months, with the coin potentially reaching the range from $2.5 to $3.25.
- 2025. The lowest estimated value for 2025 is $1.06, with the highest estimation placed at $4.98.
- 2026. If everything goes well, the majority thinks that FET will reach at least $1.75. More optimistic forecasts put the coin as high as $7.46.
- 2029. In the long run, the coin might be worth anywhere from $3.55 and $4.98. And if the crypto market explodes, the upper limit could go as high as $25.23.
GRT vs FET: Invest with Profit
The Graph and Fetch.ai are innovative projects that could transform the crypto industry. They positioned themselves as reliable investments, and it’s all about deciding which better fits your portfolio. You can find GRT and FET on most exchanges, so we suggest opting for an anonymous platform that provides fast exchanges with locked rates, such as Godex.