Grass

In the ever-evolving landscape of cryptocurrency, meme coins have captured the attention of many investors, often leading to high-risk scenarios. While the allure of turning a modest investment into a substantial return exists, the reality is that many investors face the risk of losing their entire stake. A more stable investment avenue is emerging in the form of DePIN (Decentralized Physical Infrastructure Network) tokens, which have recently gained traction. As of November 25, the total market capitalization of DePIN tokens surpassed $12.4 billion, reflecting a growth of nearly 3% in just 24 hours. Notable projects in this sector, such as Render and The Graph, have rewarded early investors handsomely, showcasing the potential of this innovative approach to decentralized infrastructure. DePIN tokens, such as Helium and Grass, are at the forefront of this movement, powering decentralized networks that facilitate contributions from individuals and communities in exchange for cryptocurrency rewards. Helium, for instance, operates as a decentralized wireless network, allowing users to share radio coverage through rented hotspots, earning HNT tokens in return. The platform has seen remarkable growth, boasting over 2 million daily active users, a feat unmatched by any other blockchain. Meanwhile, Grass, which launched in 2023, is developing a decentralized internet bandwidth sharing platform, rewarding users with GRASS tokens for contributing their unused bandwidth. The recent anticipation surrounding Grass's Season 2 airdrop has further fueled interest in the project, with GRASS tokens experiencing a significant price increase. As the DePIN sector continues to flourish, investors are also keeping an eye on emerging projects like PepeNode, which is creating a mine-to-earn platform for virtual server operators to compete in mining popular meme coins. With over $2.1 million raised so far, PepeNode offers a deflationary token model and attractive staking rewards. As the cryptocurrency market evolves, the focus on DePIN tokens and innovative projects like PepeNode may provide a more sustainable path for investors looking to navigate the volatile crypto landscape.

In the latest trading week, GRASS crypto has emerged as a standout performer amidst a downturn in major cryptocurrencies like Bitcoin and Ethereum. Despite the overall market decline, GRASS USDT has shown resilience, climbing 27% in just 24 hours. This surge raises hopes that GRASS could reverse its year-to-date losses, which currently stand at 84%. The token, which powers the Grass network—a decentralized physical infrastructure network (DePIN) built on Solana—has stabilized above $0.25, creating a potential buying opportunity for traders eyeing a return to last week’s highs of $0.70. The optimism surrounding GRASS crypto is bolstered by the increasing adoption of DePIN solutions, with the Grass network ranking among the top 20 in this sector. The total market cap for DePIN has remained stable, adding nearly 1% to approximately $12 billion. Furthermore, the ongoing Season 2 airdrop aims to distribute 170 million GRASS tokens to community members, rewarding those who contribute to providing fast and stable internet. This initiative is expected to enhance community engagement and drive further interest in the token. In addition to GRASS, PepeNode is gaining traction as a potential next big crypto. The platform merges mining with meme coins, allowing users to mine popular tokens like Dogecoin. With over $2.1 million raised in its presale, PepeNode is attracting investors with its deflationary model, which involves burning 70% of the PEPENODE tokens. As the number of miners increases, the scarcity of the token is expected to drive its valuation higher. Investors are keenly watching both GRASS and PepeNode as they navigate the evolving crypto landscape, looking for opportunities to capitalize on potential gains in the coming months.

In a recent incident, the outage of Cloudflare highlighted the vulnerabilities of centralized web systems, prompting a surge in interest for Decentralized Physical Infrastructure Network (DePIN) projects. These projects, which operate through decentralized nodes, demonstrated better resilience during the disruption. As a result, three DePIN crypto assets—Theta Fuel (TFUEL), GRASS, and Iagon (IAG)—experienced notable price spikes, raising questions about their future performance now that Cloudflare's services have resumed. Theta Fuel (TFUEL) saw a significant price increase of approximately 20%, reaching a new monthly high shortly after the Cloudflare incident. This surge was supported by a bullish crossover pattern in the Moving Average Convergence Divergence (MACD) indicator, suggesting a positive market sentiment. If the momentum continues, TFUEL could break through its nearest resistance at $0.026, with potential targets of $0.031. However, any increase in selling pressure could lead to a correction back to the $0.020 range. Similarly, GRASS, the native token of a decentralized network sharing platform, gained 16.60% in the last 24 hours, trading at $0.35. The token broke out of a descending triangle pattern, signaling a potential market direction change. Despite the positive breakout, the Supertrend indicator suggests that GRASS may face resistance before a sustained rally can occur. Lastly, Iagon (IAG) experienced a 13% price spike, supported by increased trading volume and a positive Chaikin Money Flow (CMF) indicator. If IAG maintains its upward momentum, it could target prices of $0.13 to $0.15, although a drop below the support line could lead to a correction to around $0.082.

The recent Cloudflare outage has underscored the vulnerabilities of centralized web systems, while simultaneously highlighting the resilience of Decentralized Physical Infrastructure Network (DePIN) projects. During the outage, several DePIN cryptocurrencies, including Theta Fuel (TFUEL), GRASS, and Iagon (IAG), experienced significant price rallies. This surge in value was attributed to the stable performance of DePIN projects, which operate through decentralized nodes, contrasting sharply with the disruptions faced by centralized platforms. As Cloudflare services have now been restored, the question remains whether these tokens can maintain their upward momentum. Theta Fuel (TFUEL) emerged as a standout performer, witnessing a 20% price increase shortly after the Cloudflare incident. This surge pushed TFUEL to a new monthly high, aided by a bullish crossover in the Moving Average Convergence Divergence (MACD) indicator. The breakout above the upper trendline of its falling channel suggests a potential trend reversal. However, the continuation of this bullish trend is contingent on sustained demand; if selling pressure increases, TFUEL could see a pullback toward $0.020. Similarly, GRASS and Iagon (IAG) also benefited from the outage, with GRASS rising 16.60% and IAG increasing by 13%. GRASS broke above a descending triangle, signaling a potential shift in market direction, although it still faces resistance from the Supertrend indicator. IAG's price action indicates buyers are gaining control, with a positive Chaikin Money Flow suggesting improved capital inflows. Both tokens have the potential for further gains, but their bullish outlooks depend on maintaining momentum and overcoming resistance levels.

LunarCrush, an AI-driven platform that analyzes digital assets, has unveiled its ranking of the Top 10 Decentralized Physical Infrastructure Network (DEPIN) Projects based on social activity. This ranking considers metrics such as Engaged Posts and Interactions to gauge the popularity of various cryptocurrencies. Leading the list is Chainlink ($LINK), which boasts an impressive 8.7K Engaged Posts and 2.9 million Interactions, showcasing its dominance in the DEPIN space. Following closely is Bittensor ($TAO) with 8.4K Engaged Posts and 1.1 million Interactions, indicating a strong demand for both projects in the crypto market. In the third and fourth positions are Internet Computer ($ICP) and Zebec Network ($ZBCN), with 2.3K and 1.8K Engaged Posts, respectively. However, the difference in Interactions is significant, with Zebec Network outperforming Internet Computer by a margin of 244.6K, achieving 558.4K Interactions compared to Internet Computer's 313.8K. Additionally, XPIN Network ($XPIN) and Boundless ($ZKC) also made the list, with 1.6K and 1.4K Engaged Posts, and 202.7K and 56.0K Interactions, respectively, further illustrating the competitive landscape of DEPIN projects. Render ($RENDER) and Siacoin ($SC) are noted for their close engagement levels, with 1.4K and 1.2K Engaged Posts. However, Render significantly outshines Siacoin in Interactions, achieving 235.4K compared to Siacoin's 41.7K. Lastly, Walrus ($WAL) and Grass ($GRASS) secured the bottom two spots, each with 1.1K Engaged Posts, but differing in Interactions at 122.3K and 81.1K, respectively. This ranking highlights the dynamic nature of social engagement in the cryptocurrency sector, reflecting the ongoing interest and activity within these DEPIN projects.

The Grass Foundation is an innovative project that operates as a Decentralized Physical Infrastructure Network (DePIN) on the Solana blockchain. It enables users to earn passive income by sharing their extra bandwidth, which is utilized for the development of artificial intelligence tools. With over 2 million active users, the platform has garnered attention, but it has also faced skepticism due to various scams impersonating the project. This article aims to clarify the legitimacy of the Grass airdrop and provide a comprehensive guide for interested participants. The Grass airdrop functions similarly to other DePIN projects, rewarding users for their contributions of bandwidth. Participants can earn Grass Points by installing the Grass App or a web extension, which can later be converted into GRASS tokens. To be eligible for the airdrop, users must have a compatible device and a legitimate wallet address. However, the system is vigilant against fraudulent activities, and any detected misconduct may result in penalties, including the withholding of tokens. Despite the project's rapid growth and backing from reputable investment firms, users are advised to ensure they are accessing the official Grass website to avoid scams. The Grass Foundation has successfully conducted multiple airdrop campaigns, distributing a total of 100 million GRASS tokens to eligible participants. With the recent launch of its mainnet, the airdrop remains active, and the process for claiming Grass Points has been simplified. Users can easily withdraw their earnings by directing the system to transfer GRASS tokens to their wallets. While the Grass Foundation appears to be a legitimate project, potential participants should conduct their own research to verify its authenticity and understand the risks involved in the airdrop process.