The Depin Grass project has officially started trading on many stock exchanges after AirDrop. Despite the pressure of the Airdrop, the price of the grass temporarily exceeded one dollar with a high trading volume.
The grass benefit from the positive market morale, although the daily opening activities may be a risk of its price.
The price of the grass exceeds $ 1 after the inclusion
previously, The grass was trading about $ 0.73 on the market before the market. However, after its inclusion, the price increased from a decrease of $ 0.65 to the highest level at $ 1.10. This increase indicates that the market has valued the fully diluted GRSS evaluation (FDV) at more than one billion dollars.
The fully diluted evaluation (FDV) in the encryption market indicates the total market value of the encrypted currency project when all the distinctive symbols are considered, including those that have not been circulated yet.
Although the grass has later recovered to $ 0.87, this price remains higher than the pre -market, which reflects the constant investor optimism of this newly launched distinctive symbol.
In addition, COININECO data reveals that the daily trading volume in Grass has exceeded the volume of bittensor (TAO), Filecoin (elephant) And i.net (IO). The grass is currently the symbol code in DePin trading sizeWith approximately $ 225 million, it was traded.
Read more: What is DePin (decentralized physical infrastructure networks)?
Discussion about the initial symptom of grass
According to the monthly Granding symbol distribution scheduleThe first periodic supply of grass is 25 % of the total billion grass. However, the last account by the investor indicates that the actual periodic offer may be less.
“The real spin of grass is not 25 %, 5-6 %. About 10 % is dedicated to the first air, which claims about 50 % at the present time and the claims are open until mid-January. The other 10 % is for the router and bonuses/future Air dropsAnd, which will be a written version over the years. 1.37 % for the institution is to use the foundation in the menus, stimulate LP pairs, etc. So, the liquid supply is now about 5-6 %, “one x user Stuck.
Moreover, a recent statistic of the distinctive symbol world indicates that high FDV projects and a small trading display may pose great risks.
“Projects that have small circulating supplies, but a fully diluted high evaluation (FDV) can be very risky for those looking for long -term investment”, “Tokeenomist world male.
Data from Cryptorank shows that the linear Grass operation until 2028. From now and October 28, 2025, 0.01 % of the total offer will be opened, equivalent to 146,200 herbs, per day, which may exercise long -term sale pressure on the price of grass.
Read more: The best 7 projects on Solana with huge potential
The grass is DePin Project It was developed by the WYND network. Active users win the distinctive symbols as rewards to share their Internet resources through the browser extension.
Disintegration
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