Grass Price Prediction: Grass Surges 10% As This PEPE Upgrade Closes On $24M In Presale
Release: 2024/11/01 19:49 Reading: 944
Grass Price Surges Amidst Market Downturn
The Grass token (GRASS) has experienced a significant surge in value, rising by 10% within 24 hours. As of 5 a.m. EST, GRASS is trading at $1.13 with trading volume reaching $238.88 million, a 38% increase.
This surge in price comes amidst a broader market downturn for cryptocurrencies, suggesting that Grass's project has captured interest despite the overall bearish sentiment. The project attributes its success to the launch of Stage 2 of its network, which aims to create a user-owned internet map and make Grass the central hub for web searches.
Grass Project Overview
Grass has gained traction with over 2.8 million users across 190 countries. It has also distributed one of the largest airdrops on Solana's network. The project envisions a world where every web search is directed through the Grass Network.
Price Prediction
In the past seven days, GRASS has surged by around 40%, from $0.8646 to a resistance level of $1.20. The recent 10% jump was followed by a slight correction to $1.11.
Technical indicators suggest that GRASS may experience a recovery soon after reaching its current support level of $1.1. The Bollinger bands are expanding, indicating a potential trend change. Additionally, the Relative Strength Index (RSI), which had dipped into the oversold zone, is now showing signs of growth.
Alternative Investment: Pepe Unchained (PEPU)
Investors seeking diversification may consider Pepe Unchained (PEPU), a meme coin that has gained significant momentum. PEPU is backed by advanced technology and the popularity of Pepe the Frog. It aims to overcome the limitations of Ethereum-based meme coins, such as slow transactions, high fees, and scalability issues.
With its own Layer 2 chain, PEPU has the potential to surpass the original Pepe coin. Crypto experts believe it has a 10x growth potential, with some speculating that it could replace Pepe once it goes live.
PEPU is currently in its presale and can be purchased using ETH, USDT, BNB, or credit/debit cards. Interested investors can visit PEPU's website to participate in the sale.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial advice. It is essential to conduct independent research before making any investment decisions.
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