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DGrid AI token DGAI surges 93% on launch of decentralized network
DGAI traded around $0.73, with market cap near $110 million and volume topping $165 million in the first day, according to CoinGecko data.
DGrid AI’s DGAI token nearly doubled on its first day of trading, rising about 93% over the previous 24 hours to trade around $0.73, Cointelegraph reported, citing CoinGecko data. The token launch also came with trading volume topping $165 million and a market capitalization of about $110 million, according to that same data.
Cointelegraph said the rollout expands DGrid’s decentralized AI network that links users and developers to distributed nodes processing AI inference requests. The network uses DGAI for payments, staking, and node rewards, and DGrid’s litepaper describes routing AI requests across models hosted by those distributed nodes.
The report also described DGrid’s incentive system, saying node operators stake DGAI and earn token rewards for providing computing resources, with penalties for poor performance or misconduct. DGrid told Cointelegraph it sold more than 140 DClaw Boxes within a few hours at 1,580 USDT each, totaling more than 221,000 USDT in sales.
Cointelegraph noted that DClaw Boxes are physical devices built to run DGrid’s DClaw personal AI agent, connecting users to AI models through the decentralized network rather than a single centralized provider.