The reason for the $Grass pump has been found. It turns out that the airdrop sent out by the project party is far less than the announced quantity, and they hold a large amount of chips in hand.

This is why they are willing to pump the price, but it also ends the path for grass to be listed on exchanges.

The project party can still use the expectation of being listed on exchanges to sell off their assets. It seems that the final outcome for the VC coin is also to be used for the project party to sell off their assets.