After a successful listing on major exchanges and a 500% rise, the GRASS token trades at $0.87. With a potential Binance listing, can it reach $1?
After completing its final airdrop stage, the GRASS token is finally listed on major exchanges like ByBit and KuCoin. The initial gains account for nearly 500% of the token’s value, which currently trades at $0.8744. The token price peaked at $0.9875 and is yet to achieve the $1 psychological mark.
What is Get Grass?
Get Grass is an AI-focused blockchain network intending to redefine incentive structures. The platform incentivizes users to share their unused internet bandwidth.
Recently, in the final stages of the GRASS airdrop, Solana’s phantom wallet experienced technical difficulties that led to downtime. However, the funds are now secure, and the app remains operational.
The organization has distributed 10% of the total GRASS token supply to eligible participants in the airdrop.
Grass Price Analysis
In the 15-minute time frame following the massive bullish candle, the altcoin maintains a sideways or a diagonally bullish trend. Within a rising channel pattern, the altcoin is challenging the short-term resistance trendline as it prepares to bounce off from the baseline.
Based on the technical analysis, the short-term resistance trendline breakout will likely result in a price jump to the overhead resistance trendline. Doing so, the altcoin will cross the $1 psychological mark.
Solana’s Biggest Airdrop Event
Amid the airdrop and listing of GRASS tokens, the Solana network maintains 100% uptime with zero technical difficulties. This marks the largest airdrop over the Solana network based on the number of participants.
Currently, the Solana token price is trading near the $180 mark, with the bullish trend aiming to reach the $200 psychological level. The Solana price will likely achieve this level as the broader market recovers.
Furthermore, with the highly anticipated listing of GRASS over Binance, the altcoin will likely explode in the coming weeks.
Curious if the Solana price will reach $350 by the end of 2024? Find out more about Coinpedia’s SOL price prediction, and subscribe to us for the latest updates.
