The Grass project, a decentralized physical infrastructure network, has gained attention in the crypto space due to a significant airdrop of its governance token, GRASS. The token experienced a remarkable surge of 125% just three days after its launch, indicating strong market enthusiasm. Currently, GRASS is trading at $1.82 and has a market cap of $450 million, with a daily trading volume exceeding $400 million. This surge has propelled GRASS into the list of trending cryptocurrencies for the week. The recent airdrop, distributed to around 1.5 million addresses, is the largest in the Solana ecosystem. Technical issues during the token release affected Solana's largest wallet service, Phantom. The anticipation of listings on major exchanges has played a role in the token's price rise. Futures open interest and daily trading volume for GRASS have also seen significant increases. The Grass project focuses on gathering and verifying data for AI training through its DePIN initiative, and users earn GRASS tokens as rewards for participating. The market response to the project's token activity indicates potential future advancements.
- Content Editor ( en.bitcoinhaber.net )
- 2024-11-02
GRASS Token Soars After Major Airdrop