On October 12, #HOP agregator launches its own platform for memes on the $SUI blockchain, an analogue of pump.fun on #Solana🚀 . Considering the current hype around SUI, this event is not worth missing. There is a high probability that in the first days, GEMs will be launched on this platform, as was already the case on pum.fun and sun.pump (On the TRON network
I see many posts with price predictions for Grass, where people are comparing #GRASS to projects that aren’t even remotely similar in purpose, such as ( $APT , $ETHFI I, etc.).
The first thing to understand is that there is currently no direct equivalent to Grass on the market (among projects already launched). Therefore, at the moment, we can only compare Grass with projects that are in the same sector, specifically #DePIN N projects that focus on #AI .
1. Golem ( $GLM ) @Golem Network – a decentralized network for providing computational power, allowing users to share resources to perform heavy computations, especially for AI. 💰MC: $328 million
2. Render Network ( $RENDER ) @Render Network network – also provides decentralized computational power for tasks related to visualization and data processing for AI. 💰MC: $3.1 billion
3. IO.net ( $IO ) – built on the Solana blockchain, focusing on creating a decentralized network for providing computational power to companies working with AI. 💰MC: $254 million
4. #Helium ( $HNT ) – a DePIN project building a decentralized wireless network for Internet of Things (IoT) devices. 💰MC: $1.2 billion
However, it’s important to understand that while all these projects are in the same sector (DePIN projects focused on AI), they each serve different purposes and offer different services.
👉If we are going to compare #Grass to these projects, it’s also worth noting that the comparison makes sense only if $Grass completes its initial listing on Binance.
🖖Prediction: Since tokenomics are not yet available, we’ll assume an initial circulation of 15%. Taking into account the above-mentioned projects, we can estimate:
💸Minimum market cap: $254 million 💰Maximum market cap: $3.1 billion
Within this range, Grass could be priced between $1.7 – $20, but it’s also necessary to consider FDV.
Therefore, I believe a fair price would be around $1.5 – $3. #getgrass