- The bullish GRASS price prediction ranges from $1.53 to $4.02.
- Analysis suggests that the GRASS might also reach $4.02 in 2024.
- GRASS’s bearish market price prediction for 2024 is $0.6415.
As Solana charges past key resistance at $180, excitement spreads through its ecosystem, where tokens see swift, double-digit gains. But one name stands out: Project Grass, a recent Solana-based DePIN launched on October 28, is making waves—and at the forefront is GRASS, a token that has captured the market’s attention with a record of green days and zero price volatility over the last week.
With the Fear & Greed Index signaling a strong “Greed” at 69 and technical indicators in “Neutral,” all eyes are on GRASS. Could this be a golden moment to join the trend? As November unfolds, GRASS may lead the Solana rally, positioning itself as a defining force in the ecosystem. Is it the right time to invest? Let’s find out in this Coin Edition price prediction article.
Table of contents
- What is Grass (GRASS)?
- GRASS Current Market Status
- Grass (GRASS) Price Analysis
- Grass (GRASS) Price Prediction 2024
- Grass (GRASS) Price Prediction 2025
- Grass (GRASS) Price Prediction 2026
- Grass (GRASS) Price Prediction 2027
- Grass (GRASS) Price Prediction 2028
- Grass (GRASS) Price Prediction 2029
- Grass (GRASS) Price Prediction 2030
- Grass (GRASS) Price Prediction 2040
- FAQs
What is Grass (GRASS)?
Imagine earning passive income simply by sharing unused internet bandwidth while contributing to a more transparent, ethical AI ecosystem. That’s the vision of Grass Network (GRASS), a decentralized platform built on Solana that empowers individuals to monetize their idle internet resources.
Instead of companies exploiting your bandwidth, Grass enables you to turn it into earnings, offering rewards through Grass Points, token airdrops, and staking opportunities. By running the Grass app, your device becomes a node, securely gathering public web data, which is then anonymized and structured to train AI models.
Grass’s unique zero-knowledge (ZK) processor ensures data integrity, tracing every dataset’s source to prevent AI bias and ensure transparency. Plus, with its robust, privacy-first architecture and regular security audits, Grass is setting new standards in decentralized data handling.
GRASS Current Market Status
Over the past week, GRASS has experienced massive growth, as illustrated by a sharp upward trend on its seven-day chart. Starting from an all-time low of $0.6415 on October 28, it rose steadily, reaching an all-time peak of $1.94 on November 2, marking a weekly gain of around 140.79%.
Despite this defined uptick, the cryptocurrency has exhibited some volatility, leading to a 20.47% drop toward the $1.53 threshold. On a daily scale, GRASS remains volatile but shows a strong upward trend overall. As of press time, GRASS was priced at $1.53, reflecting a 15.41% increase within the last 24 hours, fluctuating between a low of $1.31 and a high of $1.81.
Following this positive price outlook, the token’s intraday market cap stands at approximately $376.75 million, with a 24-hour trading volume of $318.14 million, showcasing high liquidity with a volume-to-market cap ratio of 84.81%. However, GRASS has seen a minor pullback from its daily high of $1.81 to its current price, suggesting some profit-taking by short-term traders.
Zooming in further, the hourly chart reflects volatility, with current resistance around $1.70 and support at $1.31, highlighting a possible consolidation phase. Despite this, the token’s recent performance and high trading volume indicate robust market interest. The price fluctuations in shorter time frames suggest continued speculation and potential for further growth in the near term.
Grass (GRASS) Price Analysis
With a self-reporting circulating supply of 243.91 million out of 1 billion GRASS tokens, GRASS has ample room for expansion, opening doors for possible future growth. In this section, Coin Edition delves into GRASS’s price analysis, leveraging real-time data and key market indicators to examine current trends and explore potential price pathways the altcoin might be heading in the coming days.
Grass (GRASS) Price Analysis – Bollinger Bands
The 4-hour Bollinger Bands for GRASS highlight volatility, with the price currently around $1.63, approaching the upper band at $1.92. This upper band often signals an overbought zone, suggesting a potential correction or consolidation.
The middle line, or SMA, is around $1.49, close to the 61.8% Fibonacci level, serving as potential support if a pullback occurs. Meanwhile, the lower band at $1.06 indicates strong support in a high volatility range.
If GRASS maintains momentum above the SMA, it might retest highs, but resistance near $1.94 has previously triggered retracements, signaling caution for bullish traders.
Grass (GRASS) Price Analysis – Relative Strength Index
The 4-hour RSI for GRASS currently sits at 58.26, suggesting moderate bullish momentum without reaching overbought levels. On the RSI scale (0-100), readings above 70 signal overbought conditions, while below 30 indicate oversold.
GRASS’s RSI, positioned in a neutral to mildly bullish zone, suggests room for potential upward movement before facing resistance. However, if the RSI climbs closer to 70, traders might watch for signs of a pullback or consolidation.
Conversely, a downward trend in RSI could signal weakening momentum and a possible price retracement or stabilization phase.
Grass (GRASS) Price Analysis – Moving Average Convergence Divergence
The MACD for GRASS indicates bearish momentum, with the MACD line at 0.13883 falling below the signal line at 0.15316. This suggests potential downside pressure or weakening bullish momentum.
The red bars in the MACD histogram further highlight bearish sentiment as the gap between the MACD and signal lines widens. Remaining in negative territory, the MACD’s histogram reflects a lack of upward momentum.
Traders watching trend reversal may look for the MACD line to cross back above the signal line, which would signal a possible shift back to bullish momentum in the coming sessions.
Grass (GRASS) Price Prediction 2024
The 4-hour Directional Movement Index (DMI) for GRASS reveals a solid bullish trend. The Average Directional Index (ADX) is at 41.84, a high value that indicates significant trend strength. The +DI (Positive Directional Indicator) sits at 30.3089, comfortably above the -DI (Negative Directional Indicator) at 18.8442, signaling that bullish momentum currently outweighs bearish pressure.
The gap between +DI and -DI and the high ADX suggests that the upward momentum in GRASS will likely continue unless there’s a shift in these indicators. Traders might view this as a positive sign for sustained bullish activity in the short term.
Given these market conditions, the GRASS token is anticipated to peak around the $4.02 level by the end of the year. Conversely, a shift in sentiment toward the bearish side could result in a potential pullback in price, possibly finding support around its all-time low of $0.6415.
Grass (GRASS) Price Prediction 2025
Per Coin Edition’s projections, GRASS could peak at $7.25, riding high on post-2024 BTC halving momentum. Yet, market corrections might pull it back to $3.80, reflecting economic volatility and profit-taking.
Grass (GRASS) Price Prediction 2026
As BTC’s halving effects wane, GRASS may witness a lower high of $6.10 amid bullish optimism but could fall to deeper levels. Coin Edition suggests that due to diminishing hype and cyclical market adjustments, it could find support around $1.20.
Grass (GRASS) Price Prediction 2027
Coin Edition anticipates GRASS climbing to $10.80 with renewed optimism as investors await the 2028 BTC halving. Conversely, global economic shifts could lower GRASS to $4.10, emphasizing investor caution.
Grass (GRASS) Price Prediction 2028
According to Coin Edition, GRASS could hit $15.30 as the BTC halving cycle revitalizes markets. Yet, potential volatility may bring the price down to $6.50 during bearish phases.
Grass (GRASS) Price Prediction 2029
Coin Edition’s forecast suggests GRASS might reach $22.70, buoyed by strong community support and widespread adoption. Conversely, economic turbulence may see GRASS retreat to $12.05.
Grass (GRASS) Price Prediction 2030
Coin Edition estimates GRASS could soar to $30.40 amid mature market conditions and growing user adoption. However, periods of consolidation could see a low of around $18.30, balancing demand with market corrections.
Grass (GRASS) Price Prediction 2040
In the long term, Coin Edition foresees GRASS possibly reaching $80.98, driven by technological adoption and a robust ecosystem. Yet, it might dip to $39.87 as macroeconomic factors influence market stability and investor sentiment.
FAQs
Grass (GRASS) is a Solana-based token empowering users to monetize unused internet bandwidth, fostering a decentralized, ethical AI ecosystem through data sharing, rewards, and privacy-first architecture.
You can buy Grass (GRASS) on major cryptocurrency exchanges that list the token. To ensure compatibility, ensure the exchange supports Solana-based tokens.
Grass shows strong growth potential within Solana’s ecosystem, which is driven by unique features and high community interest. However, it’s subject to market volatility, so assess risk tolerance before investing.
The all-time high of Grass (GRASS) reached $1.94 on November 2, 2023.
Grass has a self-reported circulating supply of approximately 243.91 million GRASS tokens from 1 billion.
Predictions indicate potential for future highs, reaching $4.02 by the end of 2024, depending on sustained bullish momentum.
Grass (GRASS) hit an all-time low of $0.6415 on October 28, 2023.
Grass (GRASS) was founded by Andrej Radonjic, with Chris Nguyen serving as the Chief Technology Officer (CTO).
Grass (GRASS) was launched on October 28, 2024.
Store Grass (GRASS) in a compatible Solana wallet, such as Phantom or Solflare, for secure token management.
Grass (GRASS) could peak at around $4.02 by the end of 2024, with possible fluctuations influenced by market dynamics.
Grass (GRASS) might reach $7.25, buoyed by the post-2024 BTC halving effects, though corrections could lower it to $3.80.
The price of GRASS token could stabilize around $6.10, with potential support at $1.20 amid market adjustments post-BTC halving.
Grass (GRASS) might climb to $10.80, driven by optimism ahead of the 2028 BTC halving, with possible support at $4.10.
Grass (GRASS) could peak at $15.30, though bearish trends might pull it back to around $6.50.
Grass (GRASS) may reach $22.70, supported by community growth, though economic factors could see it drop to $12.05.
Grass (GRASS) could reach $30.40 as adoption grows, with possible consolidations near $18.30 during market corrections.
Grass (GRASS) may hit $80.98, propelled by technological advancements, but might dip to $39.87 due to macroeconomic influences.
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.