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Gate’s 27th GRASS Airdrop Token Hits $0.4033 With $161M Market Cap

Gate reports GRASS token peak value surpassing $0.40, with eligible users receiving USDT and GRASS rewards ahead of ARB and USDT phase commencing November 25.

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Summary

According to Gate, on-chain data shows the GRASS airdrop token reached $0.4033 with a market capitalization of $161 million on November 24. Rewards are distributed in USDT and GRASS for users holding at least 40 or 120 Gate contract points. The next reward phase offering ARB and USDT will start on November 25 at 19:00 UTC+8.

Terms & Concepts
  • Airdrop: A distribution of cryptocurrency tokens to holders or participants, often used as a promotional reward.
  • USDT: Tether, a stablecoin pegged to the value of the U.S. dollar.
  • Market Cap: The total value of a cryptocurrency, calculated by multiplying its price by the circulating supply.