>>60694318In my opinion, it's permanently dead, the market cap and token saturation is just way too high. Wait until the altcoin peak (which should be sometime between October and February, you can determine this because it's usually 18 months after Bitcoin halving date, so most likely October) and then sell whatever you have.
>GRT skyrocketed because it launched during peak bull market hype in late 2020, was seen as the “Google of blockchain,” and had strong early demand from DeFi and Web3 developers. Investors were excited by its utility and staking model, and limited circulating supply pushed prices up rapidly. It reached over $2.80 within months of launch due to speculation and massive listings on major exchanges.>GRT crashed because the hype faded, market-wide selloffs began in mid-2021, and long-term token unlocks flooded the market with supply. Its real-world usage and revenue never matched its inflated valuation, and competition from newer indexing protocols weakened its unique value proposition.>GRT is a terrible buy right now because it still suffers from poor tokenomics, high inflation from constant unlocks, and declining market share in the Web3 indexing space. It has become a lagging asset with little momentum, and the ecosystem hasn’t grown enough to justify a strong price recovery without another wave of hype.