The DePIN Explorer - DePIN Scan

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.

The cryptocurrency market is witnessing a significant transformation as artificial intelligence (AI) emerges as a pivotal force in innovation. Numerous projects are now integrating AI with blockchain technology, aiming to enhance their services and structures. Notable examples include VIRTUAL and THETA, which are adapting their platforms to leverage AI capabilities. This convergence is creating unique investment opportunities, particularly for projects that demonstrate strong utility. Among these, DeepSnitch AI stands out, currently in its presale phase, offering tokens at an attractive price of $0.01841, with potential for substantial returns as the market evolves. The blockchain AI sector is anticipated to grow exponentially, with projections indicating a 25-fold increase over the next decade. By 2034, the crypto AI market is expected to reach $46.9 billion. Projects like THETA are already utilizing AI to optimize video streaming, while VIRTUAL provides a user-friendly protocol for creating AI agents. Even Bitcoin miners are capitalizing on AI to diversify their revenue streams. This synergy between AI and cryptocurrency underscores the increasing significance of AI technologies within the crypto ecosystem, validating the notion that AI tokens represent the future of the market. As demand for AI solutions continues to reshape the landscape, projects that effectively integrate AI are gaining prominence. DeepSnitch AI, with its unique presale offering, is well-positioned to capitalize on this trend, attracting significant investments from whales who recognize its potential for high returns. The project's innovative approach to democratizing market insights through real-time alerts and risk identification makes it an appealing opportunity for investors seeking the next big breakthrough in the crypto space. With a low entry price and a promising future, DeepSnitch AI could very well be the hidden gem that investors are looking for.

Grayscale, a leading digital asset manager, has made a significant move in the cryptocurrency space by filing Form 10 with the SEC for its Bittensor Trust ($TAO). This filing marks the initial step toward becoming a reporting company under U.S. securities law, which could potentially reduce private placement holding periods from 12 months to 6 months. If successful, this would facilitate public trading on OTC markets and bolster institutional confidence in AI-driven crypto assets, paving the way for broader adoption of Bittensor’s decentralized AI network. The announcement was made via Grayscale's official X account, emphasizing the importance of increased accessibility, transparency, and regulatory standing. Should the SEC approve the Form 10, the Bittensor Trust will be required to file quarterly, annual, and current reports, similar to public companies. This level of transparency is expected to enhance investor trust in $TAO, the native token of Bittensor, which incentivizes AI model contributions through cryptocurrency. Grayscale's intent to seek public quotation of Bittensor Trust shares on OTC Markets further indicates its commitment to regulatory compliance and market legitimacy. The timing of this filing is particularly strategic, as AI-related tokens have seen significant growth, attracting both speculative and institutional interest. Bittensor operates as a decentralized AI marketplace, allowing developers to train models and earn $TAO based on performance. The trust provides institutional investors with a regulated investment vehicle to gain exposure to AI infrastructure without the complexities of managing data centers. Following the announcement, $TAO experienced a surge in trading volume, with analysts predicting continued bullish momentum as Grayscale's compliance efforts progress, potentially leading to increased liquidity and market activity for the token.

Bittensor has recently made headlines with an impressive 16.4% price surge within just 24 hours, significantly outpacing the broader cryptocurrency market, which saw a mere 0.08% increase. The TAO token's price jumped by 13.36% to reach $368.89, supported by a market capitalization of $3.71 billion and a trading volume of $228 million. This surge is attributed to a combination of fresh capital inflow and excitement across the sector, particularly following the launch of a new fund by Yuma Asset Management. As TAO breaks through crucial resistance levels, it is becoming a focal point for traders and investors alike. Analyzing the TAO price movement reveals a strong bullish trend. The 4-hour chart indicates that after a period of consolidation, the price has surged past key Fibonacci resistance levels, moving from $353.8 to a high of $377.8. This breakout is backed by significant trading volume, reinforcing the strength of the rally. Technical indicators are also showing bullish signals, with the Relative Strength Index (RSI) at 74.81, indicating strong momentum but also cautioning potential buyers about overbought conditions that could lead to corrections. The widening of the Bollinger Bands further suggests heightened volatility in the upward direction. Looking ahead, key price levels for Bittensor are crucial. Support is established at $353.8, while resistance is noted at $394.5. With institutional backing and a successful breach of major resistance, TAO appears poised for further upward movement. However, traders should remain vigilant for any signs of a short-term pullback, as the current overbought conditions could prompt corrections. Overall, Bittensor's recent performance highlights its potential as a significant player in the cryptocurrency landscape.