Scroll

EigenLayer

when

Grass

After the recent Grass (<a href="https://yellow.com/asset/grass" rel="noopener noreferrer nofollow">GRASS</a>) airdrop the cryptocurrency is again trending after listing. As the week began on October 28, Grass emerged as the fastest-growing <a href="https://www.techopedia.com/news/grass-crypto-price-surges-over-50-after-listing" rel="noopener noreferrer nofollow">newly listed token</a> outside the meme coins group.
As of October 28, Grass rose to its all-time high (ATH) level of $1.10. But it soon went down to $0.85, fluctuating between that level and $0.65.
The GRASS token has an all-time low of $0.655 which shows that the coin gained nearly 60%, (59.7% to be precise) to reach its ATH from the ATL. As of October 29 morning, Grass was trading at $1.05 on October 29.
Although Grass got listed on the crypto exchange Binance on Monday, October 28, and gained significantly, its long-term growth trajectory isn't clear. Analysts say it's too early to predict a price movement or trajectory for the digital asset.
However, the widely distributed <a href="https://yellow.com/news/grass-airdrop-exposes-the-backend-problem-of-solana-crypto-wallet-phantom" rel="noopener noreferrer nofollow">GRASS airdrop</a> and its listing performance show that the coin has potential for growth due to the positive market reception.
This Solana-based coin is built on an environment-friendly green approach as it lets crypto users leverage internet bandwidth to train AI models.
Compared to other newly launched tokens like Scroll (<a href="https://yellow.com/asset/scroll" rel="noopener noreferrer nofollow">SCR</a>) and EigenLayer (<a href="https://yellow.com/asset/eigen" rel="noopener noreferrer nofollow">EIGEN</a>), GRASS is performing better. Although both the cryptocurrencies were launched earlier last month Grass has been listed only this week.
While the Layer 2 solution, Scroll has declined 44.9% from its ATH of $1.40 to $0.7 seen after its launch on October 22, liquid restaking protocol EigenLayer has experienced a 34.6% to reach $2.9. from its ATH of $4.47 on October 1.
EIGEN was launched on September 30 and soon surged to its high point on October 1. Scroll faced issues with airdrop participants when it was launched on October 22 as they received fewer numbers of tokens than expected, causing a loss for many.
At present, on the October 30 afternoon, <a href="https://coinmarketcap.com/currencies/grass/" rel="noopener noreferrer nofollow">GRASS is trading</a> at $0.936, down by 9.41% in the last 24 hours while <a href="https://coinmarketcap.com/currencies/scroll/" rel="noopener noreferrer nofollow">SCR</a> and <a href="https://coinmarketcap.com/currencies/eigenlayer/" rel="noopener noreferrer nofollow">EIGEN</a> are at $0.759 (up 1.71%) and $3.01 (up 3.45%) respectively. The trading volume of GRASS has reduced nearly 30% in the last 24 hours.

GRASS Surge 50% After Binance Listing, Will It Follow Scroll & EIGEN’s Fate?

Yellow News

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