In the previous bullish crypto cycle, many new blockchains and tokens thrived and reached new heights. That said, now that the euphoria has settled down, only a handful of these projects are still providing some upside potential.
If you are preparing for the next bull run, you have come to the right place. In this article, we compare GRT vs FET, two very promising projects that hold a future-proof narrative. To help you decide which one is better, we analyze their fundamentals and take a look at a few price predictions for these tokens.
These should give you a good idea of which one of these assets should have a place in your portfolio and provide better returns.
Meet The Graph
The Graph is a well-known indexing protocol for anyone that has built a Web3 application on almost any blockchain in the industry. This protocol powers a huge number of dApps in the blockchain space, allowing them to retrieve essential blockchain data.
In fact, subgraph nodes have become essential to a large portion of the industry, especially those that deal with huge datasets. These include DEXes like Uniswap or Quickswap or lending protocols like Aave or Curve.
Consequently, it’s one of the core technologies of the entire DeFi industry and necessary to move forward to the mainstream user. The GRT token is used by indexers and curators so that they can provide their services to the network.
GRT holders lock up their tokens and receive token emissions for their services, proportional to the number of staked tokens and the work they provide.
GRT Price Prediction
The GRT token hasn’t managed a positive price action for a while. After a great performance following its launch in Q4 2020, it quickly reached an all-time high of $2.34.
However, the bear market and the emission tokenomics haven’t played in its favor ever since. Although the traded volume remains high, the GRT price has fallen to $0.11 at the moment of writing.
Despite the negative price action in the past year, websites like Priceprediction.net still provide some enthusiasm regarding GRT. Their analysts provide targets of $0.37 for 2025 and as high as $2.36 for 2030. This could be the same for the XPL price in the future.
What Do We Know About Fetch.ai?
Fetch.ai is an artificial intelligence platform that employs blockchain technology to add immutability to the AI narrative. This project is continuously building a decentralized machine-learning network that relies on crypto assets for its economy.
Worth noting is that Fetch is a part of the Cosmos ecosystem of blockchains. This means that this IBC-enabled blockchain can easily transfer data and assets with the internet of blockchains that run on the Cosmos SDK.
Moreover, users can utilize the FET token to create digital twins that can automate tasks and create collective network intelligence. It’s also used for staking and securing the blockchain, allowing users to get semi-passive income from it.
FET Price Forecast
Unlike GRT, FET has shown more upside action in the last year. It reached an all-time high of $0.95 in 2021 and started to decline. However, the token experienced a stark revival in 2023, as the AI narrative took over the media. For reference, the FET token is currently trading at $0.23.
Priceprediction.net provides quite a bullish forecast for FET. They target the $0.76 level for 2025, a 3x increase from the current price. However, their long-term vision is even more favorable, with target prices of up to $5.14 for 2030.
GRT vs FET: Prospects
The Graph is an established token that represents a widely used technology in the blockchain industry. As such, we can expect its price to return to the upside once the market is more favorable. However, the targets aren’t too high, due to the continuous emission and lack of maximum supply.
That said, with the recent advent of AI, chatGPT, and similar platforms, Fetch.AI could be the next big thing in the crypto markets.
With its interoperability within the Cosmos ecosystem, FET is set up for success and should provide even more opportunities for profit than GRT.
