Maria
Sun Jul 14 2024
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7 answers
1790
Is subquery network (SQT) underperforming the global cryptocurrency market?
Given the current state of the global cryptocurrency market, which is predicted to grow at a CAGR of 5.7% from 2019 to 2026, it begs the question: is SubQuery Network (SQT) underperforming? As a blockchain data indexer providing fast, flexible, reliable, and decentralized APIs, SubQuery has the potential to power and build leading Web3 applications. However, with the recent launch of SQT on HotsCoin and its allocation plans focused heavily on community and ecosystem growth, one might question whether its performance is in line with the broader market trends. The key factors to consider are SubQuery's ability to execute its vision, market adoption of its technology, and the continued growth of the overall cryptocurrency market. Only time will tell if SQT is truly delivering on its promise of revolutionizing Web3 data.
