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Analysis | Memecoins

A Minor Rugs $30k From Memecoin As Whales Eye GRASS Coin

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Author

Jay Solano

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Reading time

3 mins
Last update


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Key Takeaways

  • GRASS coin suffers more price decline as bulls eye buy positions around $1.5.
  • Crypto minor rug-pull crypto traders over $30k in QUANT memecoin and other created memecoins like LUCY and “im sorry.”
  • GRASS uses the case as an AI incentive protocol; huge fundraising and partnership could boost a $10 rally.

GRASS coin has displayed remarkable price action, surging by over 400% in the last few weeks to a high of $3.9. This spike came after a significant drop in price to a region of $0.6, as many traders were speculating that this could be one of those airdrop victims. 

The rally from GRASS generated much interest around the crypto community as the airdrop to its community members was worth something good as many believers began speculating a rally to a high of $5 before the price of GRASS coin suffered much price decline.

Despite its price decline in the past few days, GRASS coin has given many investors and traders a reason to find out more about its tokenomics and potential ahead of the next bull run. During this rally period for GRASS, many Solana memecoins stand out as traders explore memecoin opportunities.

Although some new altcoins possess potential, memecoins continue to make many rounds in the market, with a crypto minor making over $30k from QUANT Solana memecoin. 

Crypto Minor Rugpulls $30K From Solana Memecoin

The memecoin industry has also been known for its wild profit returns, posing extreme risks. A Crypto minor in the tales of memecoins rug-pull crypto traders with a lunch memecoin token called QUANT with over $30,000 made from the rug-pull.

While getting back at him, the crypto community traders bought the token to a market cap of $51M. If still in the trade, the rug-pulled tokens would have been worth over $4M. He further listed two other tokens, “im sorry” and LUCY, and rug-pulled them to make more money.

While memecoins have huge potential, it is important to diversify and reinvest into promising tokens like GRASS coin that still has the potential to hit $5-$10 by 2025.

Is GRASS Crypto A Good Investment?

GRASS coin is an AI token that incentivizes users by earning GRASS points for their unused internet bandwidth on the Solana network. After rallying above expectations, it was lauded and was tipped to be a huge player, considering it is under AI tokens. 

With its huge partnerships, fundraising, use case, and high demand for AI in the crypto bull market, GRASS coin could be a major player in the coming bull market. 

What Is The Price Prediction For GRASS Coin

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Source – GRASS Price chart on TradingView 

GRASS coin trades around $2 but continues to show much strength in higher timeframes as whales and investors are looking to open a buy position for GRASS at around $1.5 to $1.40.

The region of $1.5 to $1.4 acts as good support and demand zones for buy orders. If the bulls hold the price of GRASS above these regions, we could see a further rally in the coming months, possibly to a high of $5. 

The idea of the GRASS coin, predicted to trade at $10, cannot be ruled out in the coming bull run towards the end of 2025, but it is always advised to do due diligence on cryptocurrencies because of their high volatility.

Jay Solano

About the Author

Jay is a crypto and NFT enthusiast dedicated to exploring the dynamic world of digital assets. As a crypto blog writer, he shares his knowledge of the latest trends, breakthroughs, and investment opportunities in the blockchain world.