CandleFocus Grass crypto pre-market futures steady as airdrop details emerge
2024-10-22
Author: Content Editor
Grass (GRASS) pre-market futures have remained steady as traders anticipate an upcoming airdrop. The futures, offered by OKX, are trading at $1.15, a 52% increase from last week's low. The rally in price came after the developers shared more details about the airdrop. The airdrop will consist of 100 million GRASS tokens, representing 10% of the total supply. These tokens will be distributed to users who earned points during the network epoch's first stage, GigaBuds NFT holders, and users who have installed the Desktop Node and Saga Application. Grass is a prominent player in the blockchain industry with over 2 million users worldwide. However, similar airdrops from other projects have not performed well, potentially due to competition with meme coins and dilution concerns. There is a possibility that the GRASS token may drop in value after the airdrop.
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