DGrid AI Token Jumps 93% After Decentralized AI Launch

The DGrid AI token, DGAI, jumped 93% on its first trading day after the launch of its decentralized AI network. The token nearly doubled, reaching approximately $0.73. DGAI hit exchanges like Kraken and KuCoin, generating over $154 million in 24-hour trading volume. Its fully diluted valuation stood at about $730 million. Here's what DGrid AI does: It operates a decentralized inference network, allowing developers and users to access over 200 AI models through a single API. The network uses "Proof of Quality" protocols to ensure AI outputs meet reliability standards. What's interesting is the platform was generating revenue before the token launch. Its Genesis premium program brought in between $20 million and $23 million in the first half of 2026, with over 13,000 paid users. It also reports roughly 50,000 daily active users and 500,000 monthly active users. The token's allocation reserves 50% for nodes and infrastructure, distributed over a decade. DGAI serves as a payment for AI services, a staking asset for node operators, and a reward distribution vehicle. The bottom line: This development shows a new player emerging in the decentralized AI space with a focus on quality control and existing user traction.