Introduction
Grass Coin (GRASS) is an innovative cryptocurrency leveraging decentralized bandwidth sharing for AI development. Users can earn rewards by contributing unused internet bandwidth through the Grass network. With its eco-friendly approach and focus on AI, GRASS has gained traction in the crypto space.
GRASS Supply Details
- Total Supply: 1 billion GRASS
- Circulating Supply: 243.91 million GRASS
- Max Supply: No max supply
Current Market Overview and Technical Analysis
As of November 28, 2024, GRASS is trading at $3.34 USD (~282.19 INR).
- Recent Price Trends: GRASS hit an all-time high of $3.89 on November 8, 2024. It has gained 408% since its October low of $0.65.
- 24-Hour Trading Volume: $237.8 million.
- Market Cap: $818.5 million.
- Key Resistance Levels: $3.50, $3.89.
- Key Support Levels: $3.10, $2.80.
Recent Developments and Market Momentum
- AI Integration: Grass Coin powers decentralized data collection for AI model training.
- Community Incentives: Users earn GRASS tokens by sharing bandwidth through a proprietary desktop app.
- Referral Program: Grass offers additional rewards for bringing new contributors into the network.
GRASS Fundamentals and Long-Term Price Analysis
| Aspect | Details | Evaluation |
|---|---|---|
| Founders | Andrej Radonjic | A veteran in AI data processing and web scraping |
| Utility | Bandwidth sharing for AI | Strong potential within a growing narrative |
| Supply | No max supply | Potential inflationary pressures might lower the token’s value. |
| Adoption | Expanding AI & DeFi uses | Growing steadily |
| Volume | High liquidity | Active market interest |
| Roadmap | Focus on AI & partnerships | Clear vision for growth |
GRASS Price Targets from 2024 to 2030
| Year | Bearish Case (USD) | Bullish Case (USD) | Remarks |
|---|---|---|---|
| 2024 | $3.50 | $4.00 | Stabilization post-rally |
| 2025 | $5.00 | $6.50 | Expansion of network contributors |
| 2026 | $7.00 | $9.00 | Strengthened utility in AI applications |
| 2027 | $10.00 | $13.00 | Institutional interest boosts adoption |
| 2028 | $15.00 | $20.00 | Solidifies role in AI-driven DePIN sector |
| 2029 | $22.00 | $28.00 | Major AI and bandwidth-sharing ecosystem |
| 2030 | $30.00 | $40.00 | Matures as a leading AI infrastructure |
Year-by-Year Breakdown
2024: Expected price range of $3.50–$4.00, as demand stabilizes after a significant rally.
2025: Could reach $5.00–$6.50, driven by network expansion and new partnerships.
2026: Broader AI application use cases may push prices up to $7.00–$9.00.
2027–2028: Institutional and enterprise adoption could propel prices to $10.00–$20.00.
2029–2030: With full-scale network integration and AI market leadership, GRASS could hit $30.00–$40.00.
Conclusion
Grass Coin shows promise as a utility-driven asset within the decentralized AI ecosystem. Its unique value proposition, combined with robust community and technological backing, positions it for long-term growth in the evolving crypto market.
