
The cryptocurrency market is anticipating a significant increase in new token launches, with thousands expected to enter the market in the next 12 months following the recent election results. Notably, the token $GRASS has emerged as a standout success, surging 400% since its launch on October 28, 2024, and achieving a fully diluted valuation of $2.15 billion. The token's performance is particularly noteworthy as it has increased by 160% since its launch, and it has been the subject of positive attention after its airdrop last week. In addition to $GRASS, another token, $SWELL, has also seen a 40% rise since its launch yesterday. This resurgence in new token launches appears to be driven by more modest valuations, which have sparked renewed interest among traders.
$GRASS at 3.7. Wonder if anyone sold at .9 Next target 🎯 $4 $1b market cap
New token launches appear to be bullish again?! - $GRASS up 400% since its launch Oct 28th - $SWELL up 40% since launching yesterday The '2024 altcoin bearmarket' seem to have resulted in these launching at more 'modest' valuations leading to an actual bid at launch. New… https://t.co/aLl8BjjadB
Just as traders began to write off airdrops, $GRASS has taken the market by surprise. The shared bandwidth protocol's token has surged 4x since its airdrop last week. https://t.co/1ZpjAQSJe3 https://t.co/Z9Azu8MzlO




