250.47K
727.28K
2024-10-15 11:00:00 ~ 2024-10-28 13:30:00
2024-10-28 18:00:00
Total supply1.00B
Resources
Introduction
Grass is a decentralized data layer built specifically for artificial intelligence that enables users to share their Internet bandwidth and obtain verifiable network data through a distributed network. This is achieved by leveraging idle internet connections of node operators to collect raw data, which is then processed for AI training purposes. GRASS Total supply: 1,000,000,000 Website: https://www.getgrass.io/ X: https://x.com/getgrass_io Discord: https://discord.com/invite/getgrass
GRASS price is down roughly 15% in the last 24 hours after reaching a new all-time high just two days ago, signaling a sharp shift in momentum. Despite this correction, GRASS remains among the top 20 biggest coins on Solana, with a market cap just above $700 million. Technical indicators, including the RSI and Ichimoku Cloud, show growing bearish signals as selling pressure intensifies and key support levels come into focus. However, if GRASS can stabilize and regain bullish momentum, it has the potential to challenge nearby resistance zones and reattempt its upward trajectory. GRASS RSI Changed Quickly in Just 2 Days GRASS RSI has dropped significantly to 36.6, down from nearly 70 just two days ago when the asset reached a new all-time high. This sharp decline reflects a notable shift in momentum, indicating that buying pressure has weakened considerably since its recent peak. An RSI value of 36.6 places GRASS closer to oversold territory, suggesting that selling activity has been dominant. While this does not necessarily mean an immediate reversal, it highlights growing bearish sentiment and the potential for further price corrections in the short term, as investors move their pockets into other DePIN coins. GRASS RSI. Source: TradingView The Relative Strength Index (RSI) is a technical indicator used to measure the speed and magnitude of price movements, indicating whether an asset is overbought or oversold. RSI values range from 0 to 100, with readings above 70 signaling overbought conditions and increasing chances of a pullback, while values below 30 suggest oversold conditions, often preceding a recovery. With GRASS’s RSI now at 36.6, the asset is nearing oversold levels, which could mean that selling pressure may soon ease. If buyers re-enter the market, GRASS could stabilize or experience a short-term bounce; however, failure to regain momentum could lead to continued downward movement, testing key support levels. GRASS Ichimoku Cloud Shows an Important Bearish Signal The Ichimoku Cloud chart for GRASS shows a bearish setup. The price has fallen sharply and is now trading below both the cloud and the key Ichimoku lines. This downward movement reflects growing selling pressure, as the blue line (Tenkan-sen, or conversion line) has crossed below the red line (Kijun-sen, or baseline), confirming a bearish crossover. The cloud itself remains above the price with considerable thickness, indicating strong overhead resistance. For GRASS, this structure signals that the short-term trend has turned bearish, and upward recovery will face significant challenges. GRASS Ichimoku Cloud Chart. Source: TradingView The current Ichimoku setup suggests that GRASS could experience continued downward momentum unless it reclaims key resistance zones. For a bullish reversal, GRASS would need to first break back above the Tenkan-sen and Kijun-sen lines, which are acting as resistance, and then push through the lower boundary of the cloud. A failure to do so could see the price test lower support levels, as bears continue to control the trend. With the cloud’s thickness representing accumulated selling pressure, any meaningful recovery will require strong buying interest to overcome these resistance zones. GRASS Price Prediction: Is The Correction Over? The EMA lines for GRASS reveal a critical scenario. The short-term EMAs are sharply declining and are at risk of crossing below the long-term EMAs. Such a crossover, often referred to as a death cross, is a strong bearish signal that could accelerate the ongoing correction. This development would place significant importance on the $2.77 support level, which is acting as a key line of defense for the price. If this support fails, GRASS price could experience further downward pressure, with the next major support zone located at $2.41, potentially extending the bearish trend. Although GRASS has a market cap around $700 million, it currently ranks on 13th among DePIN coins, below players like The Graph, Airweave, and IOTA. GRASS Price Analysis. Source: TradingView On the other hand, GRASS price still has a chance to reverse this downward trajectory if it can regain bullish momentum and break through the $3.08 resistance. A successful breach of this level could restore buyer confidence, allowing the price to climb toward $3.52. Should GRASS manage to overcome this resistance as well, the next target lies at $3.84, marking a potential continuation of the previous uptrend. This scenario would require strong buying pressure to negate the current bearish signals and re-establish upward momentum.
Movement (MOVE) has captured significant attention in the cryptocurrency space, witnessing a remarkable surge above $1 following its launch and airdrop. The initial trading volume for MOVE exceeded a staggering $6.34 billion, indicating strong market interest and participation. According to COINOTAG data, MOVE’s market capitalization currently sits at $2.27 billion, highlighting its rapid ascent in the crypto market. Movement (MOVE) has surged past $1 following its launch, registering a trading volume of $6.34 billion, indicating robust market interest and potential for growth. Movement (MOVE) Token Performance Following Launch The Movement token, which debuted at approximately $0.71, has shown extraordinary growth, surpassing the $1 threshold within a day of its launch. This dramatic uptick is attributed to an extensive airdropped reward system, which incentivized early users and drove substantial trading activity. Data from Santiment reveals that the trading volume skyrocketed to an impressive $6.34 billion, signifying a tenfold increase post-launch. Such a surge in volume often correlates with a strong upward trend in price, suggesting that MOVE could continue to see momentum if trading activity remains robust. Price and volume trends indicate that continued growth could push MOVE toward the $2 mark, though potential large sell-offs by airdrop participants may pose risks for a correction. This performance mirrors previous successful tokens like Hyperliquid (HYPE) and Grass (GRASS), which also experienced significant surges following their launches. As noted previously, the market cap of MOVE has grown from $1.60 billion to $2.27 billion, showcasing robust investor confidence and interest. With only 2.25 billion MOVE tokens currently in circulation out of a total supply of 10 billion, there remains substantial room for further growth as more tokens are unlocked and made available to the market. Navigating the Future of MOVE Price Dynamics The MOVE token is currently hovering around the $1 mark, although it has previously reached a high of $1.56 during intraday trading. Currently, it is in a phase of price discovery, a crucial process where market participants establish a fair value through trading activity. Given the volatility often associated with new cryptocurrency launches, determining the token’s value will depend heavily on buyer-seller interactions as it continues to flush out price volatility. If trading volume sustains, there is potential for further upward movement. As the trading landscape evolves, focused strategies will be critical. Should airdrop recipients initiate significant sell-offs, this may result in price corrections, negating short-term gains. Thus, continued monitoring and analysis will be key for stakeholders invested in MOVE’s trajectory. Conclusion In conclusion, Movement (MOVE) has emerged as a pivotal player in the cryptocurrency market following its launch, marked by significant trading volume and a rapid increase in market capitalization. While the prospects for reaching higher price levels appear optimistic, the risks associated with sell-offs from airdrop recipients should be carefully considered. As MOVE navigates this initial growth phase, ongoing market engagement will be crucial for its sustained success. In Case You Missed It: Donald Trump Nominates Paul Atkins as Potential SEC Chair to Support Pro-Crypto Policies
On December 9th, Grass platform has shown strong growth due to the surge in demand since its launch. According to data from November 15th, Grass has collected more than 2.70 billion data rows, collected a total of 88.10 billion tokens, and covered 109 million IP addresses in 195 countries, demonstrating its global Data Acquisition capabilities. Meanwhile, Grass announced on December 6th that it has collaborated with Ontocord and LAION to release a dataset called VALID (Video-Audio Large Interleaved Dataset). The VALID dataset consists of 30 million audio clips, images, and text interlaced, making it the world's first video-audio interlaced dataset. This dataset is built from Grass's video repository, further enhancing Grass's influence in the field of AI data. In addition, on November 25th, Andrew Kang, a partner at Mechanism Capital, posted on social media that the latest developments in artificial intelligence have made data one of the most valuable commodities in the world. Grass provides a unique data pipeline for AI companies through an encrypted incentive model. Andrew Kang believes that at the current growth rate, Grass is expected to achieve nine-digit revenue next year, even exceeding one billion US dollars. He also emphasized that among the many projects combining encryption and artificial intelligence, Grass is one of the few top legitimate basic projects in this cycle.
Phantom Wallet, a leading non-custodial, multichain crypto wallet with over 7 million active users monthly, has integrated with the Sui network. The Sui Foundation confirmed this development on December 5, marking a significant milestone for both platforms. Sui Becomes the Fourth Blockchain on Phantom Wallet Phantom’s integration with Sui introduces the first blockchain outside of Solana, Bitcoin, and Ethereum to its ecosystem. This move also makes Sui the first blockchain leveraging the Move programming language to join Phantom. Phantom Wallet currently has the largest on-chain user base. The web3 wallet processed nearly 560 million on-chain transactions this year alone. “The integration of Phantom Wallet with Sui represents a giant leap for the Sui ecosystem, which now gets access to a first-class wallet experience with several features that the Sui community has been asking for,” said Sui Foundations’s Global Head of Ecosystem, Jameel Khalfan. This announcement comes after a challenging year for Phantom. In October, technical glitches with Phantom Wallet disrupted access to Grass Network’s highly anticipated GRASS airdrop. Many users were unable to claim their tokens. Earlier in July, users reported a bug displaying incorrect wallet balances, sparking widespread concern on social media. Phantom quickly resolved the issue, assuring users that their funds remained secure. Sui Blockchain Reaches Record TVL The Sui network has witnessed significant growth following this integration. Its native token recently hit an all-time high of $4.40. This reflects a 20% increase in a week and a 110% rise over the past month. Also, Sui’s total value locked (TVL) has reached a record $1.72 billion, making it the eighth-largest blockchain. Sui has now surpassed more prominent networks like Avalanche and Polygon. Sui Network’s TVL Throughout 2024. Source: DeFiLlama Meanwhile, according to CoinMarketCap data, Sui’s daily trading volume has surged by over 100%. Sui has seen several significant developments in the last few months. Recently, the Sui network collaborated with Babylon Labs and Lombard Protocol and introduced BTC staking on its DeFi ecosystem through liquid staking tokens (LBTC). Additionally, a partnership with investment firm Franklin Templeton includes financial backing and support for Sui’s blockchain initiatives. The token’s resilience was also tested recently after a scheduling bug caused Sui to halt block production for two hours. Yet, prices reacted positively following the team’s prompt response. This resilience has played a key role in the network’s recent price rally and growing adoption.
Airdrop farmers remain nostalgic following the successful launch of Hyperliquid, which allocated 31% of its HYPE tokens to the community on day one. Its powering token, HYPE, surged 125% post-launch, with a $1.5 billion market cap, and does not show signs of stopping. With its valuation up over 514% since launch and a current market cap exceeding $4.2 billion, Hyperliquid has sparked speculation about which projects might replicate its success. Considering tokenomics and community engagement strategies, here’s a look at potential contenders poised to follow Hyperliquid’s trajectory. Grass Grass gained attention with its first airdrop on Solana, distributing 10% of its total token supply during its initial phase. Participants earned tokens by contributing computing power and engaging with the network. For its second phase, Grass plans to allocate 17% of tokens to the community. It encourages active user participation in building a decentralized map of the internet. With over 2 million active users globally, Grass continues to position itself as a leader in decentralized infrastructure projects. LayerZero LayerZero is an omnichain protocol that lets blockchains communicate directly with lightweight, trustless message passing. Popular among the top-performing blockchain bridges, LayerZero’s initial allocation of 15% of its ZRO token supply was designated for future incentivized activities. On July 19, Bryan Pellegrino, CEO of the LayerZero Foundation, disclosed that LayerZero users and developers will receive 23.8% of the token supply. According to an official announcement, unclaimed tokens as of September 20 were reallocated. Analysts recommend engaging with LayerZero’s bridge services regularly and participating in its Discord roles program, which reserves an additional 5 million tokens for the community. Participants can improve their eligibility for the LayerZero airdrop by using its powered bridges, DEXes, and lending protocols while staying updated through the protocol’s social media. Wormhole Wormhole, a multi-chain interoperability protocol, offered an early airdrop strategy that proved lucrative for active users. Although the project reserves only 6% of its W token supply for community rewards, its focus on rewarding high-value transactions suggests it has room to grow with increased adoption. According to the Wormhole tokenomics document, the project unlocked 11%, or 1,100,000,000 W, at TGE and the remaining 6% four months after TGE, which is in line with the project’s token release schedule. The project unlocked the extra 6% reserved for the community and is pending distribution at any time. They have not announced anything, but bridging via Wormhole remains a positive play. “None of the Guardian’s allocated token supply will be unlocked at the TGE and those W are subject to the Token Release Schedule,” Wormhole added. Gradient Network The Gradient Network is built on Solana and aims to scale up cloud computing. To do so, it introduces edge computing through a decentralized network of devices to process data. Users can now download the Gradient browser extension and earn rewards by setting up a node. Yuan Gao, who previously served as Head of Growth at Helium Foundation, leads the project. Gradient Network has received support from Multicoin Capital, Pantera Capital, and Sequoia Capital. Still in its nascent stage (Season 0), Gradient Network presents itself as a Solana-adjacent project, targeting users who missed out on Grass. Though no specific token allocation has been announced, Gradient’s early-stage activities position it as a speculative opportunity for proactive participants. Arkham Arkham recently shifted from blockchain services to building a perpetual exchange. Its airdrop strategy mimics Hyperliquid’s, rewarding users who trade and refer new participants. With a promising start, its second phase is expected to mirror the impact of its initial distribution, where only 7% airdrop out of the 37% that is meant for the community happened. Kinto Billing itself as the first “Security Layer-2,” Kinto has caught the attention of Binance Research. Its TGE is tied to achieving $100 million in total value locked (TVL). While its timeline is later than others, its structured approach to deposit-based rewards makes it a noteworthy candidate. These projects vary in token distribution and community engagement strategies. Nevertheless, their efforts to decentralize ownership and incentivize active participation align with Hyperliquid’s success model. Users looking to capitalize on these opportunities will need to monitor their updates, tokenomics, and engagement requirements closely.
The cryptocurrency market has fluctuated significantly in recent days, with AI-related altcoins like BitTensor (TAO) experiencing notable price drops. Despite this, some traders and analysts believe an AI altcoin bull run may be coming. BitTensor (TAO) Price Decline and Key Levels BitTensor (TAO) is currently experiencing a downtrend, with its price falling from a high of $642 to its current value of $583.90, reflecting a 9.07% drop over the past day. Trading volume remains high, at $358.72 million, suggesting continued activity despite the decline. Source: Coinmarketcap Key support levels to watch are $580, a psychological threshold, and $550, which aligns with previous lows. If the price falls below these levels, further downside could be expected. On the other hand, a move above $600 would signal a potential reversal, with the next resistance around $640. NEAR Protocol (NEAR) Rebound Potential NEAR Protocol (NEAR) has also seen a decrease, falling 5.24% to a current price of $6.52. This decline follows a recent high of $6.90-$7.00, with a notable volume spike of $711.71 million. Read also: 5Altcoins Buck the Trend With Price Swings Source: Coinmarketcap Immediate support for NEAR is at $6.50, with secondary support at $6.30. A fall below $6.50 could push prices toward the $6.00 level. Alternatively, breaking above $6.70 could pave the way for a bullish reversal, targeting $7.00 or higher. Grass (GRASS) Struggling to Maintain Momentum Grass (GRASS) is currently priced at $3.01, experiencing a 9.11% drop over the last 24 hours. The asset has steadily declined from a high of $3.32, reflecting a bearish sentiment. Source: Coinmarketcap Volume has decreased by 5.67%, indicating reduced trading activity. Key support lies at $3.00, with additional support at $2.90 and $2.80 if the price continues its descent. On the upside, resistance at $3.15 is crucial, with a potential recovery toward $3.30 or $3.50 if this level is surpassed. Spectral (SPEC) Bearish Pressure Mounts Spectral (SPEC) has seen a 5.94% decline in the past 24 hours, with the price currently sitting at $13.64. This drop follows a high of $15.00 earlier in the day. Trading volume is $49.04 million, signaling active trading but insufficient buying pressure. Source: Coinmarketcap Immediate support is at $13.00, with a possible decline to $12.50 if this level fails. A breakout above $14.50 would suggest a bullish recovery, with $15.00 serving as the next resistance level. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
BitTensor (TAO) could face further downside if it breaks below $580 support. NEAR Protocol (NEAR) may recover above $6.70, targeting $7.00 resistance. Grass (GRASS) could reverse if it breaches $3.15, aiming for the $3.30-$3.50 range. The cryptocurrency market has fluctuated significantly in recent days, with AI-related altcoins like BitTensor (TAO) experiencing notable price drops. Despite this, some traders and analysts believe an AI altcoin bull run may be coming. BitTensor (TAO) Price Decline and Key Levels BitTensor (TAO) is currently experiencing a downtrend, with its price falling from a high of $642 to its current value of $583.90 , reflecting a 9.07% drop over the past day. Trading volume remains high, at $358.72 million, suggesting continued activity despite the decline. Source: Coinmarketcap Key support levels to watch are $580, a psychological threshold, and $550, which aligns with previous lows. If the price falls below these levels, further downside could be expected. On the other hand, a move above $600 would signal a potential reversal, with the next resistance around $640. NEAR Protocol (NEAR) Rebound Potential NEAR Protocol (NEAR) has also seen a decrease, falling 5.24% to a current price of $6.52 . This decline follows a recent high of $6.90-$7.00, with a notable volume spike of $711.71 million. Read also: 5Altcoins Buck the Trend With Price Swings Source: Coinmarketcap Immediate support for NEAR is at $6.50, with secondary support at $6.30. A fall below $6.50 could push prices toward the $6.00 level. Alternatively, breaking above $6.70 could pave the way for a bullish reversal, targeting $7.00 or higher. Grass (GRASS) Struggling to Maintain Momentum Grass (GRASS) is currently priced at $3.01 , experiencing a 9.11% drop over the last 24 hours. The asset has steadily declined from a high of $3.32, reflecting a bearish sentiment. Source: Coinmarketcap Volume has decreased by 5.67%, indicating reduced trading activity. Key support lies at $3.00, with additional support at $2.90 and $2.80 if the price continues its descent. On the upside, resistance at $3.15 is crucial, with a potential recovery toward $3.30 or $3.50 if this level is surpassed. Spectral (SPEC) Bearish Pressure Mounts Spectral (SPEC) has seen a 5.94% decline in the past 24 hours, with the price currently sitting at $13.64 . This drop follows a high of $15.00 earlier in the day. Trading volume is $49.04 million, signaling active trading but insufficient buying pressure. Source: Coinmarketcap Immediate support is at $13.00, with a possible decline to $12.50 if this level fails. A breakout above $14.50 would suggest a bullish recovery, with $15.00 serving as the next resistance level. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
AI-focused cryptocurrencies are on the verge of a major breakout, with forecasts suggesting a staggering $1.8 trillion valuation by 2025 due to the synergy between blockchain and artificial intelligence. Analyst Miles Deutscher has spotlighted leading projects like Bittensor, Near Protocol, and Spectral, which are positioning themselves as infrastructure leaders in this rapidly evolving sector. Notable applications of AI agents executing on-chain transactions and managing portfolios are driving real-world adoption and interest in AI-integrated crypto solutions. Discover how AI-driven cryptocurrencies could revolutionize the market with a potential $1.8 trillion valuation by 2025, driven by blockchain synergy and innovation. The Future Potential of AI-Driven Cryptocurrencies According to Miles Deutscher, the AI sector presents an immense opportunity within the cryptocurrency landscape, with projections indicating the global market’s total addressable market (TAM) could reach $12 trillion over the next six to seven years. If decentralized AI captures just a modest 5% of this estimate, the crypto valuation could potentially soar to $600 billion, representing a 15-fold increase from current levels. Adding an ambitious speculative premium, Deutscher posits that the industry could see a valuation of $1.8 trillion, reflecting a substantial 45-fold growth. Despite AI’s prominence in public discourse, the projects focused on AI within the cryptocurrency market remain underrepresented, currently ranking 34th by market capitalization. However, with climbing interest and applications, Deutscher forecasts that AI-related cryptocurrencies could ascend into the top ten sectors within the next year. Driving Forces Behind AI Integration in Crypto Deutscher highlights four critical factors fueling the adoption of AI in the crypto sector. First, rising mainstream awareness of AI technology and its social implications is contributing to a broader public interest. Second, a consistent stream of innovative AI products keeps the spotlight on the sector, aligning with the attention-driven economic model prevalent in the crypto space. Furthermore, low entry barriers in cryptocurrency markets allow retail investors easier access to participate in this growth compared to traditional equities, which often come with higher financial thresholds. Lastly, the increasing integration of autonomous AI agents capable of executing transactions and managing portfolios showcases the practical applications of AI within blockchain technologies, thus reinforcing the appeal of AI-focused crypto projects. The intersection of AI and blockchain is set to redefine both sectors, opening up new avenues for innovation and investment, from autonomous trading agents to decentralized data processing systems. AI Crypto Coins Performance. Source: CoinGecko Miles Deutscher’s Leading AI Crypto Picks for 2025 In his analysis, Deutscher unveils his top picks for AI-focused cryptocurrencies, highlighting essential infrastructure projects and “pick-and-shovel” plays that facilitate various AI sectors: Bittensor (TAO): A pioneer in decentralized AI research, Bittensor is gaining traction within academic circles and recently achieved compatibility with the Ethereum Virtual Machine (EVM), enhancing its growth potential. Near Protocol (NEAR): A well-established layer-1 blockchain, NEAR stands out for integrating AI capabilities while maintaining a remarkable track record of 100% uptime since its inception. Grass (GRASS): This platform bridges real-world data with AI-enhanced crypto applications and has garnered robust community support following a successful token airdrop. Spectral (SPEC): Focused on AI agent infrastructure, Spectral empowers personality-driven autonomous agents to trade and operate on-chain effectively. Deutscher’s approach emphasizes a strategic focus on “pick-and-shovel” projects that provide the necessary groundwork for AI-based solutions. This includes protocols dedicated to AI computation infrastructure, decentralized large language models (LLMs), and AI-oriented blockchains. He is confident that these foundational technologies will be pivotal in ushering in a new wave of innovation across the AI-crypto nexus. “The key areas include AI Agents and infrastructure, computation, decentralized LLMs, and specialized blockchains for the deployment of AI decentralized applications. I am investing actively in all these sectors, particularly emphasizing agent and AI infrastructure,” Deutscher noted. While his predictions are optimistic, Deutscher recognizes the variable risk profiles associated with these investments. He advises investors to conduct thorough due diligence, especially when considering smaller-cap tokens that may offer high upside potential but also carry increased volatility. Balancing portfolios between large-cap and emerging smaller-cap opportunities is crucial for managing risk effectively. Conclusion In summary, the intersection of artificial intelligence and blockchain presents unprecedented opportunities within the cryptocurrency market. With AI-focused projects like Bittensor, Near Protocol, and Spectral leading the charge, the sector is poised for significant growth. Investors are encouraged to remain vigilant and informed, focusing on foundational support technologies that will likely drive the next phase of innovation and adoption in both AI and the wider cryptocurrency ecosystem. In Case You Missed It: Vancouver Mayor Proposes Bitcoin Reserve to Enhance Financial Resilience Amid Growing Government Interest
According to analyst Miles Deutscher, artificial intelligence (AI) is steadily emerging as one of the most transformative narratives in the crypto space. In a recent thread on X (formerly Twitter), Deutscher laid out his bullish thesis on AI-integrated crypto projects. He highlighted their massive growth potential as the sector gains traction within decentralized ecosystems and broader financial markets. Why AI-Driven Crypto is Poised for Growth Deutscher outlined the immense opportunity within the AI sector, citing forecasts that place the global AI market’s total addressable market (TAM) at $12 trillion over the next six to seven years. If decentralized AI captures just 5% of this market, the valuation could reach $600 billion—a 15x growth from current levels. Adding speculative premiums, the analyst estimated the sector’s potential at $1.8 trillion, representing a 45x opportunity. Despite the attention AI has garnered, Deutscher noted that AI-focused crypto projects remain underrepresented, ranking 34th by market cap among crypto sectors. With growing interest, he predicts AI could move into the top 10 crypto sectors within the next year. Deutscher’s thesis revolves around four key factors driving AI crypto adoption. First, mainstream AI awareness coming as public intrigue around AI’s societal impact fuels mass interest. Second, innovation momentum from regularly released AI products sustains the sector’s visibility. This aligns with crypto’s attention-driven economy. Third, low entry barriers as crypto offers an accessible and cost-effective way for retail investors to participate in AI’s growth compared to traditional equities. Lastly, the synergy between AI and crypto is presented by the rise of autonomous artificial intelligence agents capable of executing on-chain transactions and portfolio management. This, according to Deutscher, highlights the practical integration of AI into blockchain technologies. As AI continues to captivate global attention, its integration with blockchain technology is poised to reshape both industries. AI-driven crypto projects offer new opportunities for innovation and investment. This is from autonomous trading agents to decentralized data processing. AI Crypto Coins Performance. Source: CoinGecko Deutscher’s Top AI Crypto Picks for 2025 Deutscher revealed his top AI-focused cryptocurrencies, emphasizing infrastructure and pick-and-shovel plays across various AI verticals: Bittensor (TAO): A leader in decentralized AI research, TAO has seen adoption in scientific circles. Recent Ethereum Virtual Machine (EVM) compatibility positions it for further expansion. Near Protocol (NEAR): An established layer-1 blockchain integrating AI capabilities, NEAR combines reliability with innovation, maintaining 100% uptime since launch. Grass (GRASS): GRASS connects real-world data with AI-driven crypto applications, boasting strong community support following a successful airdrop. Spectral (SPEC): SPEC focuses on AI agent infrastructure, enabling autonomous, personality-driven agents to trade and engage on-chain. Deutscher emphasized that many of his picks are “pick-and-shovel” plays—protocols enabling the development and deployment of AI-based tools. These include computation infrastructure, decentralized LLMs, and AI-focused blockchains. He argued that these foundational layers will underpin the next wave of innovation and adoption in AI and crypto. “Primarily, we have AI Agents and agent infra, computation, and DePIN, decentralized LLMs, and AI blockchains/infra for AI dApps. I am investing in all of these verticals, with a particular focus on agent/AI infrastructure,” Deutscher added. While Deutscher is optimistic, he acknowledged the varying risk profiles of the projects he highlighted. He stressed the importance of due diligence, especially for smaller-cap tokens with higher upside potential but increased volatility. For investors, balancing exposure between large-cap and smaller-cap projects is essential.
$GRASS has risen more than 60% recently, and today's market correction provides an opportunity to enter. I increased my position because this is one of the few instances where Crypto x AI projects have found a product-market fit (PMF) Core technology highlights and unique selling points (USPs) Neutral web crawling function Provide user-owned, transparent alternatives to unethical behavior such as Google and Microsoft's SEO biases, ad-driven profit models, and unrewarded bandwidth abuse Real-time data vs static outdated data Provide real-time optimization data, smarter than AI models relying on static outdated datasets Models trained with real-time data become "online", significantly increasing value Improve the ability of self-correction model Grass LCR (Live Context Retrieval) function uses real-time data to enhance the training and inference capabilities of large language models (LLMs), promoting the development of self-correction models. Technological breakthrough: Reference paper arXiv: 2409.12917 Modularization solutions empower AI labs Provide high-quality real-time data to support third-party developers and AI labs, avoiding conflicts of interest and privacy issues. The positioning of Grass is similar to Celestia in the AI field. Decentralization achieves scalability Grass's decentralized architecture enables the increase of network nodes to achieve more efficient, inexpensive, and scalable systems While managing hundreds of millions of nodes is challenging, Crypto Economy Incentive Mechanism makes it more feasible and attractive Project vision Grass has significant potential in promoting the decentralized AI data economy, not only solving the limitations of traditional Internet Tech Giants, but also bringing new breakthroughs to the AI field. Original link: https://x.com/resdegen/status/1861425980419588313
Purchase situation: Entry price: 2.15 dollars - 2.2 dollars. Current operation: Choose to buy spot (should have used leverage to go long, but did not execute). $GRASS investment reasons: Unlock Time: No major unlock within one year. Project attributes: new token, high market attention. Degree of drawdown: 50% has been pulled back from the high point, and early profiteers have basically left. Narrative support: Belongs to the popular track of AI and DePIN (decentralized Internet of Things). Future Outlook: It is possible to replicate the market performance of $TIA. It is expected to reach double-digit prices in the coming weeks. See the original text : https://x.com/Moomsxxx/status/1861005134706225487
ChainCatcher news, Andrew Kang, a partner at Mechanism Capital, posted on social media saying, "The recent development of artificial intelligence has made data one of the most valuable commodities in the world. Grass has created a data pipeline that most AI companies cannot touch through an encrypted incentive mechanism. At their current growth rate, they seem to be poised to achieve nine-figure high-level income next year and even break through several billion dollars. We have studied many projects combining encryption and AI but unfortunately, most projects do not have investment value. Grass is one of the top-tier legitimate projects with fundamental support that emerged in this cycle."
Author: Lockridge Okoth & Daria Krasnova Compiled by: Felix, PANews DePIN (Decentralized Physical Infrastructure Network) is a hot trend for 2024 and one of the popular narratives in the crypto market. One of the leading projects in this field is Grass, a decentralized network for collecting and building public network data. Grass has recently gained attention due to its airdrop but faced resistance due to issues with the Phantom wallet. Below are 9 alternatives to Grass. Rivalz Network Rivalz offers a unique AI-driven platform that rewards users for sharing and processing data. The network incentivizes participants to run nodes to earn redeemable RIZ tokens. The testnet encourages users to contribute to the decentralized infrastructure for AI data applications and sets high reward leaderboards based on participation. To participate in the Rivalz airdrop, users must link their wallets and complete social engagement tasks to earn points. Tokens distributed during the airdrop may be used for various purposes within the platform, including staking, rewards, and in-game purchases. Dawn Dawn is a decentralized communication protocol aimed at enhancing the Solana ecosystem, which is nearing saturation. Dawn positions itself as a key player in decentralized internet access and has raised $33 million in funding ahead of its anticipated Token Generation Event (TGE). While details about a potential airdrop have not been confirmed, users can support Dawn's development by participating in its community and testnet. Reward criteria assess connection duration, referrals, following DAWN on social media, and participation as a validator node. Every 24 hours, users are eligible to earn 1,440 reward points. Users will earn points based on download time, activity level, and connection status. Kuzco Kuzco is a decentralized GPU network optimized for efficient language model processing, backed by a16z. Kuzco is designed for high-speed AI computing, incentivizing users to download and run its software while rewarding them for contributing idle computing power. The platform offers reward mining, making it an attractive option for those looking to leverage Kuzco's processing capabilities. Nexus NexusLabs is the first zkVM prover network, providing mining opportunities through a simple process: users participate by keeping the Nexus window open. NexusLabs has secured $27.2 million in funding from investors such as Pantera Capital, Dragonfly, and Lightspeed Ventures, rewarding participants with points that can be converted into tokens at the mainnet launch. To qualify for airdrops and rewards, users must complete specific tasks, strictly follow instructions, and monitor task updates. This is another opportunity for rewards following the closure of the Nexus node testnet in late October, marking the next phase of development for NexusLabs. Aggregata Aggregata enables users to monetize AI-generated data and participate in its ecosystem. Led by Binance Labs, this AI data asset platform attracts users who utilize ChatGPT and connect their wallets. Participants interact with ChatGPT and earn Byte points. The more questions users ask, the more Byte points they can earn; the quality of the questions may also affect the number of Byte points received. Additionally, users can earn reward points by using the platform's extensions and invitation codes. This creates a reward loop for interactions within the Aggregata ecosystem. Oasis AI Oasis AI converts spoken language into refined text, rewarding users for interacting with its platform. After raising $2.8 million in funding, the project offers points to users who utilize its browser extension. By accumulating points, users can participate in the platform's development and potentially profit from data monetization. At the same time, Oasis AI provides services such as chat assistants, image generators, and speech-to-text. Users can earn OAI by connecting to the network and leveraging existing GPU and CPU resources to support the models. Oasis states: "Oasis AI is airdropping free OAI tokens to users who register and share computing power. Create an account, install the extension, and share your computing power to start earning OAI tokens. Users can also earn more by referring friends." Point mining has been open since May, and a recent article on Medium indicates that the Oasis AI airdrop is now open for claiming. BlockMesh Network BlockMesh is designed for decentralized and secure communication, advocating for ethical AI oversight. BlockMesh has secured $250,000 in funding and is confirmed to conduct an airdrop. It encourages users to register through its extension and complete tasks, providing points that can be redeemed for future token airdrops or rewards. Specifically, BlockMesh users can monetize excess internet bandwidth by contributing to the decentralized network. The airdrop is currently in its early stages, and points are accumulated through various activities on the platform. Similar to other successful projects in the field, these points may play a role in future token distributions. The airdrop program includes various monetization mechanisms, including sharing bandwidth through a Chrome extension, social media participation, and a referral system. Users can enhance their earning potential by completing various tasks and maintaining active participation in the network. BlockMesh states: "While the exact token exchange rate has not been announced, it is expected that points will influence future token distributions. The more points accumulated, the higher the potential rewards during the token distribution." Gradient Network Gradient is a Solana-focused project backed by Sequoia and Multicoin Capital, optimizing computing resources through liquid staking services to enhance interoperability between blockchain networks. By joining Gradient's computing network and downloading its mining extension, users can earn rewards supporting AI and Web3 applications. Although the airdrop has not yet been confirmed and no tokens have been launched, Gradient has introduced a points initiative called "Sentry Node Open Beta." To earn points, participants must register, follow Gradient on X (formerly Twitter), and install the extension. Users can also increase their points by inviting friends to receive an airdrop when the project token launches. Gradient prioritizes fair and transparent community participation. Each user only needs to register one account and install one Sentry Node on each device. Navigate AI Navigate AI offers Web3 data-sharing opportunities, allowing users to profit by sharing data on the Navigate network. Navigate has received funding from Kraken and currently has a user base of 5,000, where users can download its extension and start mining. The network provides a monetization path for its unique data ecosystem. Summary The above cryptocurrency airdrops provide viable alternatives to Grass. They indicate a growing trend of creating decentralized profit opportunities using Web3 technology, which can incentivize user participation, data sharing, and computational contributions. Whether through running nodes, contributing data, or simply participating in AI-driven platforms, these projects enable ordinary users to engage in the expanding Web3 economy and reap economic benefits.
On Wednesday, November 20, NVIDIA, the global leader in Graphics Processing Unit (GPU) technology, will release its Q3 earnings for the 2024 fiscal year. As a major beneficiary of the Artificial Intelligence (AI) boom, this announcement is expected to influence AI-themed cryptocurrencies, as it has in the past. Historically, NVIDIA’s earnings have led to mixed market reactions. On some occasions, they triggered a “sell the news” effect, causing AI coins’ prices to drop. At other times, the news sparked rallies across the sector. With the earnings report approaching, here are the top AI-based cryptocurrencies to watch this week. Render (RENDER) Render tops the list of AI coins to watch ahead of NVIDIA earnings, particularly because the project is also a leading GPU compute platform for generative AI. Ahead of the last NVIDIA Q2 earnings, RENDER was one of the AI coins that experienced a rally. However, as soon as the report became public, the cryptocurrency’s price dropped. This time, RENDER’s price, currently sitting at $7.59, has increased by 27% in the last seven days. Between September 28 and November 5, RENDER’s price moved within a descending triangle, which is bearish. But since the first week of this month, the altcoin has broken out of the channel, invalidating the bearish thesis. Render Daily Analysis. Source: TradingView Furthermore, the Moving Average Convergence Divergence (MACD) is positive, indicating that the momentum around the token is bullish. Should this remain the same, and NVIDIA Q3 earnings come out better than the last, RENDER could rise to $8.83. In a highly bullish case, it could rise to $11.86. On the other hand, if the development becomes a “sell the news” event again, the price might sink to $5.47. Grass (GRASS) Decentralized Physical Infrastructure Network (DePIN) project Grass is also one of the top AI coins to watch ahead of NVIDIA earnings. This is the first time the altcoin will be on the list, considering that it launched in October. One reason GRASS is an AI coin to watch is its notable market interest. But unlike RNDR, GRASS’s price has been down 10.31% in the last seven days. On the one-hour chart, the Parabolic Stop And Reverse (SAR) indicator has risen above the price. This Parabolic SAR identifies potential reversals by looking at the position of the dots. When the dots of the indicator are below the price, then it has the potential to rise. Grass 1-Hour Analysis. Source: TradingView However, as of this writing, the indicator’s dotted lines are above GRASS, suggesting that the value could tank below $2.36. Notably, if buying pressure increases ahead of Wednesday’s report, the altcoin’s price might rally toward $3.30. PAAL AI (PAAL) Another AI coin to watch this week is PAAL AI, a project built on the Ethereum blockchain. Like Render, PAAL has almost always followed the same trend as other AI coins whenever NVIDIA releases its report. This time, PAAL’s price has increased by 12.35% in the last 24 hours amid rising demand. Some days back, the altcoin’s value sharply dropped from $0.35 to $0.12 following increased selling pressure. While the price bounced back to $0.15, it remains below the 20-day and 50-day Exponential Moving Averages (EMAs). Since PAAL’s price is below these indicators, it could still struggle to rise. PAAL AI Daily Analysis. Source: TradingView But if buying pressure increases and NVIDIA stock price rises, the altcoin’s value might continue to jump. On the flip side, a drop in volume could invalidate this bias, and PAAL could slump much lower.
The recent price surge in GRASS, which is up 187.99% in the last seven days, appears to be fueled by the success of its airdrop and BTC new all-time highs. These factors, along with the upcoming listing of GRASS on Binance Futures with up to 75x leverage, have created a wave of bullish momentum. However, the current RSI shows that GRASS is still in overbought territory, suggesting caution may be needed as buying pressure could fade. GRASS RSI Is Above Overbought Stage The RSI for GRASS has surged significantly following recent price increases, reaching 71.8, up from 55 just two days ago. This rapid rise indicates strong buying pressure, which has pushed the indicator into an overbought zone. Such a swift movement highlights that GRASS has been experiencing an intense wave of investor interest. It’s important to remember that GRASS RSI reached roughly 85, days after its airdrop. GRASS RSI. Source: TradingView The Relative Strength Index (RSI) is a momentum indicator that measures the speed and change of price movements. RSI values above 70 typically signal that an asset is overbought, while values below 30 indicate it is oversold. With the current RSI at 71.8, GRASS is in overbought territory, suggesting that the recent enthusiasm may have pushed prices too far, too fast. However, since RSI has been dropping heavily since yesterday, it could indicate a potential cooling-off period, where the buying momentum is fading, and a price correction might be imminent. Staked GRASS Is Now Stable The cumulative staked GRASS has remained stable at 26,600,000 since November 6. This stability follows a slight decrease from its peak earlier in the month, suggesting that staking activity has settled into a consistent pattern. The recent trends indicate that most of those who were actively staking have now locked in their positions. Cumulative Staked GRASS. Source: Dune Tracking the staked coin metric is crucial because it provides insight into investor confidence and the commitment to holding the asset long-term. A higher amount of staked GRASS suggests that investors are less likely to sell, reducing available supply and potentially increasing price stability. On November 4 and 5, the staked amount approached 28 million but subsequently declined and stabilized at a slightly lower level. This movement implies that while enthusiasm for staking was strong initially, some participants likely took profits or withdrew, leading to a more stable base of long-term stakers. This current stability may reflect a period of consolidation where committed investors are holding firm. GRASS Price Prediction: A Potential 28,5% Correction? Analyzing GRASS Ichimoku Cloud chart shows that the price is well above the cloud, suggesting strong bullish momentum, as the whole Solana ecosystem appears to be pumping. The first key support zone lies around the upper edge of the cloud, approximately at the $2.9 level, which aligns with where the cloud begins to thicken. GRASS Ichimoku Cloud Chart. Source: TradingView If the price declines further, the lower edge of the cloud, around the $2.5 level, will serve as the next significant support. That would mean a potential 28.5% price correction as GRASS becomes one of the coins attracting more attention among newly launched Solana coins. If BTC continues its strong momentum and the Binance listing brings strong buying pressure, GRASS could continue its uptrend, probably breaking the $4 threshold soon.
The top trending cryptos today include a project that has recently seen a notable exchange listing and another two that have previously appeared on this list. Interestingly, the prices of two out of these have increased in the last 24 hours, while the last seems to be lagging behind. According to CoinGecko, the top trending altcoins today include Drift (DRIFT), Notcoin (NOT), and Grass (GRASS). Drift (DRIFT) DRIFT, the governance token of the Solana-based decentralized exchange Drift Protocol, is trending due to an exchange listing. Today, November 8, South Korean-based exchange Upbit announced that it would list DRIFT at 18:00 KST, disclosing that the token will be paired with Bitcoin (BTC), USDT, and the Korean Won (KRW). Following the recent development, Drift’s trading volume surged by 500%, with its price jumping 88%. Currently trading at $0.95, this strong reaction mirrors the performance of other tokens that have been listed on Upbit in the past. On the daily chart, the Bollinger Bands (BB) has expanded, indicating a rise in volatility around the altcoin. However, the upper band of the BB has also touched DRIFT’s price. When this happens, it means that the cryptocurrency is overbought. It also aligns with the position of the Relative Strength Index (RSI). As of this writing, the RSI reading is 77.05, and usually, when the indicator is above 70.00, it means it is overbought. Therefore, DRIFT’s price risks retracement in the short term. Given this outlook, DRIFT’s price could drop to $0.70. Read more: 10 Best Altcoin Exchanges In 2024 Drift Daily Analysis. Source: TradingView On the flip side, if buying pressure continues to be intense and profit-taking does not come in, the altcoin might climb higher. In that scenario, it could jump above $1. Notcoin (NOT) Unlike DRIFT, Notcoin is not part of the top trending cryptos due to a price increase. Instead, it is one of the few altcoins that has failed to perform well in the last 24 hours. As of this writing, Notcoin’s price is $0.0063, representing a 16.69% decrease in the last 24 hours. Despite the decline, NOT had formed a falling wedge on the daily chart. A falling wedge is a chart pattern formed by drawing two descending trendlines: one connecting the highs and the other connecting the lows. It is considered a bullish reversal pattern, often signaling that after a period of decline, the price may soon break out to the upside. Notcoin Daily Analysis. Source: TradingView Considering this position, Notcoin’s price could climb toward $0.013 in the short term. However, if the price breaks below $0.0060, this might not happen. Instead, NOT might decline to $0.0056. Grass (GRASS) If there is one crypto that has appeared on the trending altcoins list almost every day since last week, it is GRASS. Today, again, the native token of the Decentralized Physical Infrastructure Network (DePIN) project is on the list. As it has done in previous times, Grass is trending due to its price performance. In the last 24 hours, the altcoin’s value has risen by 31.81%, making it one of the best performers out of the top 100. On the 4-hour chart, the Moving Average Convergence Divergence (MACD) is positive. This MACD reading indicates that the momentum around GRASS is positive. If sustained, then GRASS’ price could climb much higher than $3.33. Read more: Which Are the Best Altcoins To Invest in November 2024? Grass 4-Hour Analysis. Source: TradingView But if GRASS holders decide to take profit, this prediction might not come to pass. In that scenario, it could drop below $2.50.
Grass Token gains Fortune 500 demand, fueling its rapid price surge. The real float of Grass Token is just $60 million, creating scarcity. Partnerships with big brands like Xbox and Roku TV drive growth interest. Grass Token has experienced a significant price increase, with its market cap now at $717 million. This surge comes as speculation grows due to increased demand from major companies. Investors and analysts are interested in the token’s unique AI-powered growth model, limited supply, and strategic partnerships, which position it as a promising player in the crypto space. Early adopters who invested in GRASS or held Gigabuds, a related token, have amassed substantial returns. For instance, one investor’s $9,000 investment in Gigabuds has reportedly soared to $50,000, leading to additional purchases of GRASS tokens when the price was still low. Beyond just price momentum, the appeal of the GRASS protocol also lies in its ambitious technological goals. The project reportedly handles massive data, 80 terabytes daily, and has struck key partnerships with prominent Fortune 500 companies like Xbox and Roku TV. With over 2 million active nodes and 2.5 million daily active users, GRASS is emerging as a key player in the AI and blockchain space. Read also: Grass (GRASS) Price Prediction 2024-2030: Will GRASS Price Hit $10 Soon? GRASS Staking and Liquidity Model Project insiders even revealed that GRASS has a nine-figure demand from enterprises, signaling a strong potential for real-world applications and sustained growth. Future initiatives, including a creator program and a hardware device, are expected to further strengthen its position. Analysts also note GRASS’s low circulating supply, with only about 10% of the total tokens in circulation. This limited liquidity, along with limited monthly selling pressure and high staking rewards, has created favorable conditions for short-term price appreciation. Market watchers believe that a combination of strong demand, strategic scarcity, and technological innovation could propel GRASS to new heights. Although scalability and competition remain concerns, the community is optimistic, with many investors anticipating further partnership announcements. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
The Bitget ticker shows that GRASS continues to move higher and is now trading at $2.52, up 31.31% in 24 hours. Grass is said to be a decentralized data layer built for artificial intelligence, enabling users to share their internet bandwidth and access verifiable net data through a distributed net.
The Grass price has skyrocketed 27% in the last 24 hours to trade at $2.46 as of 3:25 a.m. EST on a 56% pump in trading volume to $173 million. Grass Price Continues The Uptrend After A Short Correction The GRASS/USD pair on a 1-hour timeframe shows a strong bullish trend, highlighted by a series of bullish technical patterns. Around November 6, the price formed a bullish wedge pattern, which led to a breakout as the price action developed a parabolic curve, indicating increasing buying momentum and accelerated gains. Parabolic moves indicate strong demand, but they can also foreshadow a potential pullback if the curve becomes too steep. Key moving averages reinforce this bullish sentiment, with the 50-simple moving average (SMA blue line) currently providing support around $1.98, and the 200-hour moving average (green line) further below at approximately $1.49, indicating a robust long-term uptrend. GRASSUSD Analysis Source: Dextools.io Technical indicators such as the MACD and RSI also support the bullish outlook. The MACD has crossed positively, with the MACD line above the signal line, which points to growing bullish momentum. However, the MACD is near the zero line, indicating momentum is still developing. Grass Price Indicators Suggest More Bullish Momentum Ahead Meanwhile, the Relative Strength Index (RSI) sits at around 66.7, approaching the overbought zone (above 70), which signals strong bullish pressure for the Grass price but could hint at a consolidation or minor pullback as buying strength may ease. GRASS/USD recently reached a high of around $2.72 and is currently trading near $2.66. The upward blue arrow on the chart indicates a potential bullish continuation, suggesting room for further gains. However, if the price encounters selling pressure and fails to maintain its current highs, it might retest the lower levels in the $2.20–$2.40 range before potentially resuming its uptrend. The chart reflects a strong bullish breakout, with key support levels around $1.98 (50-hour MA) crucial for sustaining this uptrend. Crypto All-Stars Presale Passes $3.1 Million – Best Crypto To Buy Now? As bullish momentum for the Grass price strengthens, new meme coin Crypto All-Stars (STARS) is surging toward $3.5 million in its presale. Crypto analyst ClayBro, a popular YouTuber with over 130K subscribers, predicts that $STARS could surge by 10X after its launch. Crypto All-Stars is offering investors a first: the opportunity to stake multiple top meme coins on a single platform and earn rewards in STARS tokens. It does this via its unique MemeVault ecosystem, which allows users to stake 11 different meme coins immediately upon launch with plans to add more in the coming months They are Pepe, Dogecoin, Shiba Inu, Floki, Brett, Mog Coin, Milady, Turbo, Toshi, Coq Inu, and Bonk. Investors can also stake STARS itself for a humongous 501% annual return. Currently priced at $0.0015494, STARS can be purchased using ETH, BNB, USDT, DOGE, FLOKI, PEPE, or SHIB. Act within the next two days to secure tokens before the next price hike. Visit the official website to buy $STARS tokens here. Related Article Peanut Price Prediction: PNUT Surges 2,585% As Elon Musk Condemns Peanut The Squirrel’s Euthanization, While This Rival Meme Coin ICO Goes Parabolic Bitcoin, Meme Coins, Coinbase Soar On Donald Trump Win Even As Trump-Themed Tokens Implode MAGA Price Prediction: TRUMP Plunges 63% Despite US Election Win, But Traders Flock To This PolitiFi ICO With 726% Staking APY
The Papo Ninja price soared 23% in the last 24 hours to trade at $0.0564 as of 03:58 a.m. EST on trading volume that surged to $15.6 million. Papo Ninja is a groundbreaking play-to-earn (P2E) game built on the TON (The Open Network) blockchain. Its token, $PAPO, launched on November 5, which was followed by a listing on Bitmart on November 6. More listings are scheduled in the coming week. Papo Ninja Price Aiming For A Sustained Breakout The Papo Ninja price has shown a strong reaction at the marked support area, around $0.045 – $0.050, according to data from GeckoTerminal . This region has acted as a base where buyers stepped in after previous declines. There were two noticeable spikes in price, pushing up towards $0.08 and briefly over $0.10, but each was followed by a sharp pullback, indicating significant selling pressure at higher levels. Currently, the price is consolidating near $0.056, just above the support zone. This sideways movement could be building momentum for the next potential move, depending on whether buyers or sellers dominate. The RSI is at 50.55, indicating a neutral stance. This mid-level reading suggests neither overbought nor oversold conditions, aligning with the current consolidation phase. If the RSI starts moving toward 70, it could signal bullish momentum, whereas a dip toward 30 might indicate bearish momentum if the price breaks below the support. The MACD line (blue) and the Signal line (orange) are very close to each other, with both hovering near the zero line. This setup indicates minimal momentum and aligns with the consolidative price action. If the momentum picks up at the moment, as the bulls capitalize on the major indicators, the price of Papo Ninja could soar to the $0.10 resistance zone. PAPOUSD Chart Analysis Source: GeckoTerminal Conversely, if the bears push the Papo Ninja price to break below the support level, PAPO could plunge to the next possible resistance at $0.040. As the Papo Ninja price aims for a breakout, investors looking for even newer meme coins that might be next to explode could explore Flockerz (FLOCK) , which has surged past $1.29 million in funds raised in its presale. According to 99Bitcoins, a popular crypto channel on YouTube with over 706K subscribers, $FLOCK has the potential to soar 100X after its launch. Flockerz Presale Heads For $1.5 Million – Best Crypto To Buy Now? Flockerz is a new meme coin that gives decision-making power to its community, The Flock, via its vote-to-earn (V2E) system͏. Token holder can v͏ote o͏n͏ d͏ecisions and ͏e͏a͏rn $FLOCK tokens as rewards for their participation. At the core of Flockerz lies FlockTopia, where every holder has a voice and earns rewards. The m͏o͏re͏ you ͏vote͏,͏ t͏he more token͏s ͏you ͏earn͏,͏ ͏creating a direct i͏nc͏entive f͏or pa͏rticip͏ati͏on. Thi͏s ensures ͏that active com͏munity͏ mem͏ber͏s are͏ rewarded for their inv͏olveme͏nt.͏ Apart from V2E rewards, users can earn passively through the platform’s staking mechanism, which offers a sky-high annual yield of 1,305%. To join the presale, you can buy $FLOCK on the official website here for $0.0059571 per token using BNB, ETH, or USDT. You can also make a purchase using your bank card. Buy before a price hike in less than two days to secure the best deal. Related News Best Meme Coins – Full List Is It Too Late To Buy GRASS? Grass Price Skyrockets 27% And This Might Be The Next Crypto To Explode Bitcoin Price Prediction: BTC Targets $100K ATH Before Donald Trump Inauguration Day As Experts Say This PolitiFi Crypto Might 100x
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