Just as she's burning up with digital sales of her "Valentine's Day" soundtrack song, "Today was a Fairytale," comes news that Taylor Swift will perform the song at the Grammy Awards on Jan. 31.

According to the country superstar's media twitter feed, she will perform the "world premiere performance" of the track on the show, where she is up for eight awards. She's battling it out against Lady Gaga and Beyonce for top diva honors at the show. She's up for a number of awards including Record of the Year, Song of the Year and Best Female Pop Vocal Performance. "To be recognized by the Grammys is the ultimate honor," she said about her nominations, adding that the recognition "absolutely is something that you daydream about."

She also has another track on the soundtrack, her Fearless re-release track, "Jump Then Fall." As if that news wasn't exciting enough; it's also been reported that "Fairytale" has already sold more than 98,000 downloads since being released to iTunes earlier this week.

Taylor is also bound to get even busier as the year rolls along. She recently tweeted she's in the studio working on new music, plus "Valentine's Day" (the aforementioned movie in which she stars alongside Taylor Lautner) opens February 12 (the soundtrack is out Feb. 9) and she's going to hit the road again this spring. What can't this girl do?

Wow she has ALOT of Fairytale Songs
Oh well, Good for her

what?I'm kinda disappointed

I'd rather have her perform JTF or even YBWM...but oh well,as long as she performs

is TWAF gonna be released as a single?

Yes, Razzle, it will be released a single and I'm glad she's performing it, it will keep her at #1 after the performance.

^ I thought it was the lead off this soundtrack?

98,000 in just two days of release???

@ Bibliotheque

It is, but it will get a full single release in the US and worldwide, physical and digital, in February and the beginning of March in the UK.

is there gonna be a music video?

I thought Fearless was the next single?

I hope there is.

I thought so too, but this is even better, since this song is new.

It grew on me so much.

It was released to country radio only and it will get a even popier mix when it gets a mainstream/pop release (which will most likely take it to #1 on the Hot 100 ), but she's currently promoting 'Today Was A Fairytale', since the film will be out in the beginning of February.

I read somewhere that 'Today Was A Fairytale' will have a video and that she should shoot some scenes (on only one set ) and the other scenes will be from the movie, and it was just a rumor, but I hope it's true.

Same here, I love how her voice sounds in the 2nd verse. So cute.

She's ready for her first HOT 100 number one
Maybe she'll go home with a couple of awards that night

And obsessed haters will invade this thread in 3...2...1...

I think she'll win at least one Grammy for 'Fearless' and maybe one for 'You Belong With Me'.

She'll win 'Breathe' maybe, 'White Horse' too - though I don't know about that, Carrie slays in those categories all the time.

And she'll be getting two #2's - 'Today Was A Fairytale' and 'Fearless'.

not sure about winning for Breathe...but that would be good

I just hope she takes home at least 1 award

I think 'Breathe' and 'Lucky' have the biggest chances in that category.

Colbie in both songs.

Why not her nominated songs? Desperate for a new hit?

Honey, it's Taylor Swift. She doesn't have a reason to be desperate and she's having one hit after another.

song is ok. we'll see if it is hit-worthy.

My guess: not really, but Swift is charming enough to carry anything to #1 right now.

I'm sick of this fairytale **** from her, God could she sing about something different!