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I would argue it's a valid description to use, yes. Although implementing efficient "graph algorithms" requires some effort, e.g. see https://hashrocket.com/blog/posts/using-datomic-as-a-graph-database (we also adapted this implementation for Crux). By contrast, something like Neo4j additionally provides a bunch of graph algorithms out-of-the-box: https://neo4j.com/developer/graph-data-science/graph-algorithms/ ...but there's really nothing else that is missing.
Despite the documentation that exists, I've heard many people who have been confused about how to query Datomic, Datascript, Asami, or other graph databases. So I've made an attempt at explaining it https://github.com/threatgrid/asami/wiki/Introduction