DGrid AI’s DGAI token nearly doubled during its first day of trading, reaching about $0.73 on Tuesday, up nearly 93% over 24 hours. CoinGecko data put its market capitalization at approximately $110 million and trading volume above $165 million. The launch coincides with DGrid’s expansion of a decentralized AI inference network, which uses distributed nodes to process requests and DGAI for payments, staking (locking tokens to earn rewards) and node incentives. The project’s litepaper describes a Proof of Quality system for evaluating results, while node operators stake DGAI and face penalties for poor performance or misconduct. DGrid also sold more than 140 DClaw Boxes at 1,580 USDT each, generating more than 221,000 USDT in sales.