Grass Crypto Price Soars, Leaves Traders Wondering If They’ve Missed the Memo

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In a truly mind-boggling turn of events that no one really expected, Grass (GRASS) cryptocurrency continues to surge to dizzying heights this week. It’s now officially reached its highest price since March 6, which, let’s be honest, was *probably* a different lifetime ago. The reason? Well, it appears that the amount of daily scraped data has reached a new all-time high, because who doesn’t love more data? 📈

The price of Grass shot up to an impressive $2.4078, which, if you check your calendar, is nearly a 70% jump from its monthly low. That means, theoretically, if you bought low, you’re probably dancing around the living room right now. Meanwhile, the market cap is now a glorious $578 million, and daily trading volume has jumped an astronomical 215% to $151 million. I’m sure someone somewhere is frantically rewriting their predictions.

According to the Grass Foundation (which, let’s be real, is probably just one person sitting in a very comfy chair somewhere), daily scraped data reached a record-breaking 1,762 terabytes. That’s up from a barely noticeable 200 terabytes just this week. To give you an idea of what that means in real-world terms: it’s like going from a trickle of water to Niagara Falls—minus the pleasant sound of water.

For those of you wondering how this entire thing works, Grass cleverly utilizes unused internet bandwidth from user devices—affectionately known as “nodes”—to scrape publicly available data from places like Wikipedia and The New York Times. Then, it uses all this data to train AI models, which are, presumably, getting smarter by the second. In return for their sacrifices, the Grass Foundation rewards its 2 million members with GRASS tokens, so it’s kind of like a community of digital workers getting rewarded for laboring away in the background of the internet.

Meanwhile, according to CoinGlass (yes, that’s a thing), the demand for Grass tokens has skyrocketed in the futures market, with a staggering $152 million in action. Most of this frenzy is happening on Bybit, with Binance trailing behind in a less-than-enthusiastic second place.

Grass Crypto Price Analysis

The four-hour chart (because who doesn’t love a good chart, right?) reveals that Grass has climbed all the way to $2.3875, which, if you didn’t know, is the highest price it’s reached since March 6. It’s surpassed the critical resistance level of $2.00—remember that pesky high from April 2?—and it’s now cruising in uncharted waters. The chart has also shown that Grass has broken out of a green symmetrical triangle (because triangles are always a good sign, evidently), signaling a bullish move. The Relative Strength Index (RSI) is currently hanging out in the overbought territory, which, in layman’s terms, means it might be getting just a tad too excited. 🎉

So, what’s next? Well, most likely, we’re going to see a slight retreat where Grass tests the psychological level of $2.00 (oh, the drama), before it charges up again, possibly hitting its all-time high of $3.85—a nifty 70% jump from where it is right now. However, and this is important, all this positivity could come crashing down if Grass falls below the psychological barrier of $1.50, which just happens to coincide with the confluence of two triangle trendlines (we’re not entirely sure what that means, but it sounds important).

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2025-05-14 17:15