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    Unigraph Protocol price

    Unigraph Protocol priceGRPH

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    Unigraph Protocol price calculator

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    GRPH
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    USD
    1 GRPH = 0.01150 USD
    Last updated 2024-11-23 07:55:28(UTC-0)
    Buy GRPH

    Unigraph Protocol price live data summary

    The live price of Unigraph Protocol is $0.01150 per (GRPH / USD) today with a current market cap of -- USD. The 24-hour trading volume is $0.00 USD. GRPH to USD price is updated in real time. Unigraph Protocol is 21.51% in the last 24 hours. It has a circulating supply of -- .

    What is the highest price of GRPH?

    GRPH has an all-time high (ATH) of $1.29, recorded on .

    What is the lowest price of GRPH?

    GRPH has an all-time low (ATL) of $0.003300, recorded on .
    Calculate Unigraph Protocol profit

    Unigraph Protocol price prediction

    What will the price of GRPH be in 2025?

    Based on GRPH's historical price performance prediction model, the price of GRPH is projected to reach $0.00 in 2025.

    What will the price of GRPH be in 2030?

    In 2030, the GRPH price is expected to change by +30.00%. By the end of 2030, the GRPH price is projected to reach $0.00, with a cumulative ROI of -100.00%.

    Unigraph Protocol ratings

    Average ratings from the community
    4.4
    103 ratings
    This content is for informational purposes only.

    About Unigraph Protocol (GRPH)

    What Is Unigraph Protocol?

    Unigraph Protocol is the first open-sourced, decentralized indexer for Bitcoin token standards. Launched in 2024, it addresses a critical gap in the Bitcoin ecosystem by enabling the interpretation and interaction with inscriptions and token standards that, until now, remained inaccessible due to Bitcoin's lack of a virtual machine. Unigraph Protocol not only facilitates the reading of these inscriptions but also allows for the storage of additional data through hashes in the inscriptions. This capability paves the way for the creation of more complex instruments on top of Bitcoin, ensuring secure and decentralized data standards are maintained.

    The necessity for Unigraph Protocol stems from the inherent limitations of the Bitcoin network, which, while robust and secure, does not support direct interaction with inscriptions or the execution of complex scripts. Indexers play a vital role in bridging this gap by interpreting on-chain data and validating it against specific criteria for tokens or ordinals collections. Without such a mechanism, the potential of inscriptions would remain untapped, limiting the utility and scalability of Bitcoin as a platform for decentralized applications and financial instruments.

    Resources

    Official Documents: https://docs.unigraph.io/

    Official Website: https://unigraph.io/

    How Does Unigraph Protocol Work?

    At the heart of Unigraph Protocol is a sophisticated node network, where each node contributes to the indexing process by submitting Bitcoin token events. These submissions are then validated through a consensus mechanism, ensuring accuracy and reliability. Node operators are incentivized to maintain honesty and uptime through a staking mechanism involving GRPH tokens. Should a node act dishonestly or experience downtime, its stake is at risk of being slashed, thereby aligning the interests of node operators with the integrity and performance of the network.

    Unigraph Protocol employs a Delegated Proof of Stake (DPOS) consensus mechanism, which not only requires node operators to stake GRPH tokens but also allows other users to delegate their tokens to a node operator. This delegation mechanism enables users to participate in the network's security and earn rewards, sharing in the success of the platform. Furthermore, the protocol API facilitates queries from end users, who can access reliable data from the indexer by paying in GRPH tokens. This creates a sustainable ecosystem where node operators, delegators, and end users contribute to and benefit from the protocol's operations.

    What Is GRPH Token?

    GRPH is the native token of the Unigraph Protocol ecosystem. It is used to pay for queries made through the Unigraph API, aligning the interests of end users, node operators, and token holders. By incentivizing node operation and delegation through rewards paid in GRPH tokens, the protocol ensures a robust and responsive network capable of supporting a wide range of applications and services. The GRPH token thus not only facilitates the economic transactions within the Unigraph ecosystem but also underpins the decentralized governance and operational efficiency of the network. GRPH has a total supply of 21 million tokens.

    What Determines Unigraph Protocol’s Price?

    The price of Unigraph Protocol token (GRPH) is influenced by a complex interplay of factors, including market demand, the overall performance of the cryptocurrency market, technological advancements within the Unigraph ecosystem, and investor sentiment. As investors closely monitor price predictions for GRPH in 2024, historical charts of the token offer valuable insights into its performance trends and potential as a good investment. The utility of the GRPH token within the Unigraph Protocol, such as staking for network participation and paying for queries, directly impacts its value proposition. Additionally, broader trends in the blockchain and cryptocurrency sectors, such as regulatory changes and the adoption of blockchain technology, play a crucial role in shaping the price dynamics of GRPH, making it a focal point for those looking to invest in the evolving landscape of digital assets.

    For those interested in investing or trading Unigraph Protocol, one might wonder: Where to buy GRPH? You can purchase GRPH on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

    Unigraph Protocol price performance in USD

    24h7 days30 days90 days1 yearAll-time
    +21.51%-5.04%+18.95%-62.08%-96.23%-96.23%

    Unigraph Protocol price history in USD

    The price of Unigraph Protocol is -96.23% over the last year. The highest price of GRPH in USD in the last year was $1.29 and the lowest price of GRPH in USD in the last year was $0.003300.
    TimeLowHigh
    24h$0.008700$0.01220
    7d$0.008600$0.01430
    30d$0.006700$0.03130
    90d$0.003300$0.03130
    1y$0.003300$1.29
    All-time$0.003300(--, Today )$1.29(--, Today )

    Unigraph Protocol market information

    Market cap
    --
    +21.51%
    Fully diluted market cap
    --
    +21.51%
    Volume (24h)
    --
    --
    Market rankings
    Circulation rate
    0.00%
    24h volume / market cap
    0
    Circulating supply
    -- GRPH
    Total supply / Max supply
    -- GRPH
    -- GRPH
    Buy Unigraph Protocol now

    How to buy Unigraph Protocol(GRPH)

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    Buy Unigraph Protocol (GRPH)

    Buy Unigraph Protocol (GRPH)

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    FAQ

    What is the current price of Unigraph Protocol?

    The live price of Unigraph Protocol is $0.01 per (GRPH/USD) with a current market cap of -- USD. Unigraph Protocol's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Unigraph Protocol's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Unigraph Protocol?

    Over the last 24 hours, the trading volume of Unigraph Protocol is --.

    What is the all-time high of Unigraph Protocol?

    The all-time high of Unigraph Protocol is $1.29. This all-time high is highest price for Unigraph Protocol since it was launched.

    Can I buy Unigraph Protocol on Bitget?

    Yes, Unigraph Protocol is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Unigraph Protocol guide.

    Can I get a steady income from investing in Unigraph Protocol?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Unigraph Protocol with the lowest fee?

    Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

    Where can I buy Unigraph Protocol (GRPH)?

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    Cryptocurrency investments, including buying Unigraph Protocol online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Unigraph Protocol, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Unigraph Protocol purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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    GRPH/USDT

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    GRPH resources

    Links
    Unigraph Protocol WebsiteUnigraph Protocol WhitepaperUnigraph Protocol TwitterUnigraph Protocol Github

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