Grass Coin (GRASS) has soared in value since its recent listing, reaching a new all-time high of $3.89, marking it as one of the most successful recent additions to the crypto market. Here’s how GRASS has performed and why it’s making waves.
Listed on major exchanges including Bybit, KuCoin, Gate.io, and OKX on October 28, Grass Coin debuted with a pre-market price range between $0.82 and $1.10. However, Binance is yet to list the token. Despite the absence of the world’s largest exchange, the token’s early growth has been exceptional, capturing investor attention across various platforms.
A Promising Performance
According to CoinGecko, Grass Coin experienced a significant price climb, hitting $3.89 on November 8 after initially approaching $3 on November 7 and fluctuating around $2.70.
The token has shown a consistent uptrend, marking a weekly gain of 218%. Notably, GRASS outperformed many major tokens, including Solana and Dogecoin, by ranking third in trading volume on Bitget with $156.2 million.
Success Amid Market Challenges
The impressive performance of GRASS coincides with Scroll (SCR) facing criticism after a problematic airdrop. While SCR, a Layer 2 zero-knowledge (ZK) rollup, saw a strong debut at $1.40 on October 22, it has since declined to $0.70. In contrast, Grass Coin’s airdrop, labelled the “Most Widely Distributed Airdrop,” successfully distributed tokens, enhancing its appeal and driving early trading volume.
Top Performers on Bitget
Grass Coin’s trading volume has reached a peak on the Bitget exchange, where it now accounts for over 19% of the platform’s total volume. GRASS has outpaced popular tokens like Solana and Dogecoin on Bitget, further solidifying its position as a promising new listing in the crypto space.