Current Grass (GRASS) Market Data
Grass (GRASS) is currently trading at approximately ¥7.38. The 24-hour trading volume stands at around ¥64.54 million, while its market capitalization is valued at roughly ¥2.12 billion. Over the past day, the token's price has increased by 3.25%.
Key Price Metrics
- 24-Hour Trading Volume: ¥64.54M
- All-Time High: ¥28.57
- 24-Hour High: ¥7.52
- All-Time Low: ¥4.55
- 24-Hour Low: ¥6.93
Market Capitalization Insights
- Market Cap: ¥2.12B
- Fully Diluted Valuation (FDV): ¥7.38B
- Market Cap / FDV Ratio: 28.81%
- Overall Market Sentiment: Bullish
Token Supply Details
- Circulating Supply: 288.1M GRASS
- Total Supply: 1B GRASS
- Max Supply: 1B GRASS
Understanding Grass and Its Value Proposition
Grass is a decentralized network that allows users to sell their unused internet bandwidth. Participants can install a lightweight application on their devices to share bandwidth and earn GRASS tokens in return. This model provides a decentralized resource for AI companies and researchers requiring large-scale web data.
The value of the GRASS token is intrinsically linked to the supply and demand within this bandwidth marketplace. As the network grows and more AI developers seek reliable data scraping resources, the demand for GRASS tokens to access these services is expected to increase.
Historical Price Performance
The token has experienced significant volatility, which is common in the cryptocurrency market. Over the past week, its price has decreased by approximately 14.60%. Looking at a broader 30-day window, the price has seen a decline of about 41.48%.
| Time Frame | Price Change | Percentage Change |
|---|---|---|
| 1 Hour | +¥0.07 | +1.02% |
| 24 Hours | +¥0.23 | +3.25% |
| 7 Days | -¥1.26 | -14.60% |
| 30 Days | -¥5.23 | -41.48% |
Grass (GRASS) Price Predictions
Predicting cryptocurrency prices is inherently speculative and should be approached with caution. Numerous factors, including overall market trends, project development milestones, adoption rates, and broader economic conditions, can drastically influence future valuations.
Long-term projections suggest a potential average price of around ¥7.41 for 2025. Some analysts offer optimistic forecasts extending to 2035, but these should be viewed as speculative scenarios rather than financial guarantees. It is crucial to conduct thorough personal research before making any investment decisions. For those looking to analyze real-time data and trends, you can explore advanced market analysis tools.
| Year | Estimated Low | Estimated High | Estimated Average | Potential Change |
|---|---|---|---|---|
| 2025 | ¥6.15 | ¥10.68 | ¥7.41 | -- |
| 2026 | ¥8.50 | ¥11.76 | ¥9.04 | +22.00% |
| 2027 | ¥6.65 | ¥12.38 | ¥10.40 | +40.00% |
| 2028 | ¥7.52 | ¥13.44 | ¥11.39 | +54.00% |
| 2029 | ¥8.32 | ¥13.53 | ¥12.41 | +68.00% |
| 2030 | ¥10.90 | ¥17.39 | ¥12.97 | +75.00% |
| 2031 | ¥8.80 | ¥19.28 | ¥15.18 | +105.00% |
| 2032 | ¥11.37 | ¥22.23 | ¥17.23 | +133.00% |
| 2033 | ¥10.26 | ¥28.81 | ¥19.73 | +167.00% |
| 2034 | ¥14.80 | ¥32.28 | ¥24.27 | +228.00% |
| 2035 | ¥26.29 | ¥33.36 | ¥28.27 | +283.00% |
Factors Influencing Grass (GRASS) Price
Several key factors can impact the price of GRASS tokens:
- Network Adoption: The number of users sharing bandwidth and the number of companies buying it directly affects token utility and demand.
- AI Industry Growth: The project's success is tied to the health and data needs of the artificial intelligence sector.
- Cryptocurrency Market Cycles: Broader bull or bear markets significantly influence the price of all digital assets, including GRASS.
- Project Development: Updates, partnerships, and technological improvements announced by the development team can lead to positive price momentum.
- Regulatory Environment: Changes in global regulations concerning cryptocurrency and data sharing can create uncertainty or opportunity.
Frequently Asked Questions
What is Grass (GRASS) used for?
GRASS tokens are the native currency of the Grass network. They are used to pay users for sharing their unused internet bandwidth and are used by clients to purchase access to this decentralized network for web scraping and data collection, primarily for AI training.
How can I earn GRASS tokens?
You can earn GRASS tokens by downloading the official Grass application and leaving it running on your computer or device. The application safely shares your excess internet bandwidth, and you are rewarded with tokens for your contribution to the network.
Is investing in Grass (GRASS) considered high risk?
Like all cryptocurrencies and especially newer projects, investing in GRASS carries a high level of risk. Its price is highly volatile, and its long-term success depends on widespread adoption of its network. Always invest only what you can afford to lose and consider diversifying your portfolio.
Where can I securely buy and sell GRASS tokens?
GRASS is traded on several major cryptocurrency exchanges. It is essential to use reputable and secure platforms for any transaction. You can get started with a secure trading platform to manage your assets.
What does 'Fully Diluted Valuation' mean?
Fully Diluted Valuation (FDV) calculates the theoretical market cap if the entire maximum supply of tokens (1 billion GRASS) were already in circulation. It helps investors understand the potential future valuation and inflation of the token.
Should I rely on long-term price predictions for GRASS?
Long-term price predictions are educated guesses based on current data and models. They are useful for understanding potential growth narratives but should not be the sole basis for investment decisions. The crypto market is unpredictable, and actual results can vary dramatically.