Key Takeaways
- Grass Token has a market cap of approximately $207.38M and a 24-hour trading volume of around$--, indicating strong market interest and liquidity.
- The Grass network allows users to earn rewards by sharing unused internet bandwidth, with a user-friendly desktop app to facilitate easy contributions and management.
- Grass Token’s unique focus on decentralized data-sharing for AI development, coupled with its sustainability efforts, distinguishes it from traditional cryptocurrencies.
Market Statistics
Real-time market statistics are vital for cryptocurrency investors, including those in Grass Token. With a market cap of approximately $207.38M, Grass Token has carved out a significant presence in the crypto world. This valuation reflects its standing and investors’ perception, influencing market trends and trading behaviors.
Market cap, trading volume, and circulating supply of Grass Token offer valuable insights into its market dynamics, assisting potential investors in gauging its liquidity, stability, and overall value in the competitive digital currency landscape.
Market Cap
Grass Token’s market capitalization, around $207.38M, reflects its overall value in the cryptocurrency ecosystem. Calculated by multiplying the current price by its circulating supply, this metric offers a snapshot of the token’s total market valuation. High market cap typically indicates a strong and stable project, attracting investors and boosting market confidence.
High trading volumes indicate better liquidity, suggesting that Grass Token can be bought and sold with minimal price impact, reflecting a healthy market. These factors are important for assessing Grass Token’s position and potential in the broader market.
Trading Volume
With a 24-hour trading volume of approximately $--, Grass Token demonstrates active trading. This high volume indicates strong trader interest and better liquidity, leading to smoother transactions and often better price performance by reducing price manipulation risks.
High trading volumes also denote the token’s popularity across multiple exchanges, facilitating easier transactions for new investors. This liquidity helps maintain price stability and attracts more active users, supporting the token’s growth and stability.
Circulating Supply
Grass Token’s circulating supply is 300.73M tokens, representing the number of tokens available for trading and influencing its price and market cap.
With a maximum supply capped at 1 billion tokens, Grass Token offers a controlled and predictable supply structure, helping manage inflation and maintain its value over time.
Historical Price Data
Historical price data provides valuable insights into Grass Token’s performance over time. Analyzing past trends enables investors to understand the token’s market behavior and make informed decisions. Market capitalization, calculated by multiplying the current price by circulating supply, helps assess the token’s size and stability relative to other cryptocurrencies.
Tracking the highs and lows of Grass Token’s price offers context for its current valuation. Knowing its all-time high indicates potential upside, while its all-time low helps investors understand risks. This historical perspective is key for those investing in or trading Grass Token, as it clarifies the token’s performance over time.
Public web data and usd chart enable investors to visualize Grass Token’s price movements and identify trends. This data highlights periods of significant growth or decline, providing insights into market sentiment and external factors affecting the token’s value.
Historical trading volumes play a crucial role in understanding price performance. High volumes during spikes suggest strong interest and support, while low volumes during declines may indicate a lack of support. Combining historical insights with real-time data allows investors to develop a comprehensive strategy for managing their Grass Token holdings.
Where to Buy Grass Token
Bybit Grass trading volumes is about $34.91 million as of 13 Nov. Bybit also offers robust liquidity and competitive trading pairs, facilitating easy transactions.
How to Earn Rewards with Grass
Earning rewards with Grass Token attracts many users. Participating in the Grass network allows users to share their unused internet bandwidth and receive rewards based on the amount of data shared. This decentralized platform turns idle internet capacity into valuable data for AI development, allowing users to earn passive income while contributing to technological advancements.
The Grass referral program also provides opportunities to maximize earnings by inviting others to join the network.
Contributing Bandwidth
Contributing bandwidth through the Grass network is straightforward. Installing the Grass desktop app allows users to run a node that automatically shares their excess internet capacity, effectively sharing unused internet bandwidth. This process earns users Grass Points, which can be exchanged for GRASS tokens. Rewards from sharing bandwidth vary based on network demand and user contributions, making it a dynamic and potentially lucrative opportunity.
The Grass desktop app features a user-friendly interface for managing bandwidth contributions, allowing users to easily monitor their performance and rewards to maximize earnings over time through online services.
Participating in the Grass network allows users to earn rewards and contribute to a larger, decentralized data-sharing ecosystem supporting AI development.
Referral Program
Grass Token’s referral program is another excellent way to earn rewards. Users can invite others to join the network and receive bonuses for each new participant who contributes. The referral program offers a 20% bonus from direct referrals, and second- and third-level referrals provide 10% and 5% bonuses, respectively. This tiered structure benefits users from a broader network of contributors.
Sharing unique referral links allows users to attract new participants and monitor contributions via a user-friendly dashboard in the Grass app. This system enhances the community and maximizes individual earnings, benefiting all involved.
Grass Network and Technology
The Grass network utilizes decentralized technology to monetize unused network resources. By enabling users to share idle internet bandwidth, Grass Token supports AI development and offers a unique value proposition in the cryptocurrency market. The network’s core functions include earning systems like Grass Points, airdrops, and staking options, providing various ways for users to gain rewards.
Grass Token emphasizes sustainability and a lower environmental impact compared to traditional cryptocurrencies. Its focus on eco-friendliness and innovative data-sharing approach positions it as a leading player in decentralized internet services, making it a relevant choice for those looking to invest in grass today.
Grass Desktop App
The Grass Desktop App is crucial for users looking to contribute to the network. Installing the app allows users to share excess internet bandwidth and earn Grass Points, which can be exchanged for GRASS tokens as tangible rewards. The app offers various multipliers for earning points, with the Desktop Node providing the highest at 2.0X.
The user-friendly interface of the Grass Desktop App helps users manage bandwidth contributions and monitor network performance effortlessly, ensuring even newcomers can quickly get involved and start earning rewards.
Verified Institutions
Verified institutions enhance the Grass network’s reliability and integrity. They contribute valuable data and insights, making the network more robust and efficient. Their effective use of public web data improves the network’s overall analytical capabilities.
This active participation boosts trust and transparency, benefiting all users.
AI Models
AI models within the Grass network benefit greatly from the decentralized data provided by Grass Token, which is crucial for training and developing AI models, making the process more efficient and cost-effective. Converting idle bandwidth into valuable training data, Grass Token supports a wide range of AI applications.
Verified institutions use public web data for diverse AI applications, enhancing their analytical capabilities. The decentralized Grass protocol provides a continuous and reliable data source for AI models, fostering innovation and development.
Grass Token in Comparison
Grass Token’s unique value proposition sets it apart from other cryptocurrencies. Unlike Bitcoin and Ethereum, Grass Token focuses on monetizing unused internet bandwidth and supporting AI development. This innovative approach has attracted significant interest from major companies, driving the token’s value higher.
The sustainability and lower environmental impact of the Grass network further differentiate it from other digital assets. By leveraging blockchain technology for decentralized internet services, Grass Token offers a compelling alternative in the cryptocurrency market.
Within AI and Data Sharing Sector
Within the AI and data-sharing sector, Grass Token compares to established cryptocurrencies like Bitcoin and Ethereum. While these tokens have different use cases and market dynamics, Grass Token’s focus on decentralized data sharing and AI development positions it uniquely. This niche focus attracts investors and users interested in AI technologies and sustainable practices.
Providing a decentralized data source for AI models, Grass Token creates a more efficient and cost-effective environment for AI development. This integration of blockchain technology with AI and data sharing showcases Grass Token’s innovative approach and potential for long-term success.
Summary
In summary, Grass Token stands out in the cryptocurrency market with its unique approach to monetizing unused internet bandwidth and supporting AI development. Its significant market cap, high trading volumes, and controlled circulating supply reflect its strong market position and potential for growth. The historical price data and active trading on multiple exchanges further highlight its popularity and liquidity.
Users can earn rewards by contributing bandwidth or participating in the referral program, making it an attractive option for those looking to generate passive income. The Grass Desktop App and involvement of verified institutions enhance the network’s reliability and user experience, while the integration of AI models underscores its innovative edge. Grass Token’s focus on sustainability and decentralized data sharing positions it uniquely in the market, offering a compelling alternative to traditional cryptocurrencies.
Frequently Asked Questions
What is the current market cap of Grass Token?
The current market cap of Grass Token is approximately $629.60 million.
How can I earn rewards with Grass Token?
You can earn rewards with Grass Token by contributing unused internet bandwidth through their desktop app or by engaging in their referral program.
Where can I buy Grass Token?
You can buy Grass Token on exchanges such as Bybit.
What is the trading volume of Grass Token?
The trading volume of Grass Token is approximately $248 million over the past 24 hours.
How does Grass Token support AI development?
Grass Token enhances AI development by transforming unused internet bandwidth into valuable training data for AI models. This innovative approach optimizes resources and accelerates the evolution of artificial intelligence.
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