Latest DePIN News

The Helium (HNT) token has recently experienced a significant price surge, recording an impressive 8.36% increase within a 24-hour period, reaching a new nine-month high. This upward momentum is accompanied by a trading volume of $59.31 million, reflecting a robust interest in the altcoin. Over the past week, HNT has surged by 35.17%, and a remarkable 42.76% over the last 30 days, indicating a strong bullish trend. Currently, Helium maintains its value above the $8.5 mark, with a Year-to-Date (YTD) return of 27.59%, positioning it at the 85th spot in the cryptocurrency market with a market capitalization of $1.503 billion. Technical indicators suggest that the bullish sentiment surrounding HNT could continue, with price targets set at $9.510 and $11.070. The Relative Strength Index (RSI) is nearing the overbought territory, while the 50-day and 200-day Exponential Moving Averages (EMA) show a consistent uptrend. This technical analysis hints at a potential continuation of the bullish price action throughout the week. However, market volatility remains a concern, and traders are left wondering whether HNT can maintain this momentum and reach a new 52-week high or if a correction is on the horizon. Looking ahead, if bullish sentiment prevails, HNT may retest its resistance level of $9.510. Conversely, should bearish trends emerge, the price could drop to its support level of $8.010, with further declines potentially reaching a low of $6.525. The all-time high for Helium stands at $55.22, recorded on November 13, 2021, raising questions about the long-term price prospects of the token. As traders and investors monitor these developments, the future of HNT remains a topic of keen interest in the cryptocurrency community.

This week, JasmyCoin has experienced a remarkable surge, reaching its highest price since 2022, trading at $0.052. This impressive increase of 1,000% from its lowest point this year is largely attributed to the recent rally of Bitcoin, which hit a record high of $104,000. The rise in Bitcoin's value has positively impacted other cryptocurrencies, including Litecoin, Bitcoin Cash, and Ravencoin, all of which have seen significant gains. Additionally, JasmyCoin's popularity is reflected in its growing number of holders, which has increased to nearly 80,000 from 76,300 just a month ago, according to CoinCarp. In addition to the Bitcoin rally, JasmyCoin's partnership with IoTeX, a prominent player in the Internet of Things (IoT) sector, has further fueled its growth. This collaboration is expected to drive DePIN (Decentralized Physical Infrastructure Networks) innovation in Japan, a key market for the cryptocurrency industry. Major partnership announcements often lead to price rallies in the crypto space, and JasmyCoin is no exception. With a market capitalization now reaching $2 billion, JasmyCoin has gained significant traction among investors. Technical analysis of JasmyCoin reveals a strong performance throughout the year, characterized by the formation of a golden cross, where the 50-day and 200-day moving averages intersect. Furthermore, the coin has completed a cup and handle pattern, indicating a potential continuation of its upward trend. Analysts suggest that if JasmyCoin maintains its momentum, it could rise to $0.075, representing a 50% increase from its current level. However, this bullish outlook could be jeopardized if the price falls below the critical pivot level of $0.03662.

In recent weeks, Helium Mobile has seen a remarkable price increase of nearly 125%, reaching $0.0022 on December 1st. However, in the last 24 hours, the token has experienced a slight decline of approximately 1.5%, bringing its current trading price to $0.00134. Helium Mobile, which launched in December 2023, is a decentralized mobile network service that integrates the Helium Network's peer-to-peer infrastructure with the Solana blockchain and partners with T-Mobile for 5G connectivity. The token serves as the network's built-in cryptocurrency, incentivizing users to deploy personal 5G hotspots that enhance the network's infrastructure. The primary function of Helium Mobile's token is to reward users who contribute to the network by setting up hotspots, which act as localized cell towers. Participants earn MOBILE tokens that can be used within the Helium ecosystem or traded externally. The token supports various applications, including decentralized connectivity solutions for IoT devices, package tracking, drone navigation, and lost pet recovery. As more users join the network, its strength and community-driven nature grow, fostering a robust decentralized mobile infrastructure. Looking ahead, analysts have varying predictions for Helium Mobile's price trajectory. CoinCodex suggests a potential surge of over 236%, with the token possibly reaching $0.004574 by January 2025. DigitalCoinPrice anticipates that MOBILE could surpass its previous high, projecting a price range between $0.00287 and $0.00299 by the end of 2024. However, Wallet Investor offers a more conservative outlook, estimating a maximum price of $0.00183 by December's end. For 2025, predictions range from $0.000226 to $0.00356, while by 2030, estimates suggest MOBILE could trade between $0.003684 and $0.0123. Despite the optimistic outlook, potential investors should remain cautious, as the cryptocurrency market is inherently volatile.

Aethir, Beam Foundation, and MetaStreet have joined forces to unveil Tactical Compute, a significant $40 million initiative aimed at addressing the surging demand for computing power in both artificial intelligence and blockchain sectors. This collaboration harnesses Aethir's decentralized GPU network, Beam's investment strategies, and MetaStreet's decentralized finance (DeFi) infrastructure to create new avenues for monetizing compute resources. Tactical Compute will function under Tactical Compute Holding Limited, focusing on various compute-related opportunities such as hardware financing, private yield arbitrage, and network bootstrapping, as outlined in a recent Beam Medium post. The initiative is designed to tackle the increasing demand for computing resources while seamlessly integrating crypto-based innovations. Tactical Compute aims to identify profitable opportunities within the compute market, including a unique approach to “farming” Aethir tokens. This process resembles earning credits for utilizing Aethir's GPUs, similar to how Microsoft offers Azure credits for its cloud services. By leveraging these strategies, Tactical Compute seeks to balance the supply and demand dynamics in the computing landscape, ultimately benefiting both the AI and blockchain communities. The Beam Foundation is committing $5 million to this venture, supported by prominent backers like the Sophon Foundation. Daniel Wang, CEO of Aethir, expressed that this partnership is set to unlock new opportunities in the monetization of compute resources and foster innovation in scalable AI and decentralized technologies. Meanwhile, MetaStreet, through its development arm Permian Labs, is contributing its expertise in DeFi tools to finance GPU-powered nodes. Co-founder David Choi emphasized that Tactical Compute builds on their existing foundation, addressing the escalating demand for compute infrastructure and catalyzing innovation at the intersection of cryptocurrency, AI, and infrastructure.

The Titan blockchain network is set to undergo a significant upgrade, scheduled to take place from December 7, 2024, at 08:00 UTC to December 9, 2024, at 08:00 UTC. This upgrade aims to introduce token issuance capabilities, allowing users to mint uniquely identifiable tokens directly on the Titan chain. Additionally, it will prepare the network for its fourth testnet phase, which promises to enhance the overall infrastructure and user experience. During this period, the network is expected to experience an estimated downtime of 48 hours, during which staking operations, token transfers, and all other on-chain activities will be temporarily suspended. One of the key highlights of this upgrade is the introduction of the Token Factory, which will empower users to create their own tokens on the Titan blockchain. This feature is expected to foster innovation and expand the use cases for the Titan network. Furthermore, the fourth testnet will reward participants with TNT4 tokens, incentivizing engagement and testing of the new features. More details regarding the fourth testnet will be shared in forthcoming announcements, ensuring that the community stays informed about the developments. Validator node operators are urged to complete all necessary updates before the upgrade window to avoid penalties. Nodes that are not updated by the deadline will be taken offline, emphasizing the importance of maintaining synchronization to prevent service disruptions. The Titan Network appreciates the continued support from its community and encourages users to reach out via email or social media channels for any assistance during this transition period.

Blockchain for IoT: Minima to Develop Ledger-Embedded Microchips With ARM Minima, a blockchain platform designed for managing transactions across the internet of things (IoT), is collaborating with semiconductor giant ARM to create a microchip embedded with a decentralized ledger. This partnership falls under ARM's Flexible Access Program, granting startups access to ARM's intellectual property portfolio and chip design system. The 'Minima Chip' aims to equip each device with a secure node capable of data verification, token generation, peer-to-peer messaging, and widespread blockchain integration, fostering the concept of 'blockchain everywhere'. The convergence of IoT and blockchain technologies has gained traction with projects like IOTA, paving the way for decentralized physical infrastructure networks (DePIN) in sectors such as telecommunications (e.g., Helium) and storage (e.g., Filecoin). Minima's focus has primarily been on the automotive industry, collaborating with companies like Volvo to implement full nodes in car head units for tasks like telemetry data attestation, battery passports, and enhancing electric vehicle (EV) charging flexibility through tokens from private wallbox charging devices.

Network3: Revolutionizing Edge AI Infrastructure On November 26, CZ(Binance founder) tweeted, 'I am not against memes, but meme coins are getting 'a little' weird now. Let's build real applications using blockchain.' The market's obsession with meme coins has overshadowed utility-driven blockchain projects like Network3, a decentralized Edge AI infrastructure project poised for significant growth. Network3 integrates blockchain tokenomics, decentralized physical infrastructure networks (DePIN), federated learning, and Edge AI to challenge big tech's AI monopoly. With over 543,010 nodes across 185 countries, Network3's decentralized federated learning framework ensures privacy and data security while incentivizing node participation. The project's rapid growth, surpassing Helium in node count, signifies its potential to democratize computing power and data. Market Potential and Tokenomics The DePIN and Edge AI combination presents a trillion-dollar opportunity. DePIN incentivizes users to contribute physical resources, projecting a market size of $3.5 trillion by 2028. Currently undervalued at $1.33 billion, the DePIN sector is poised for exponential growth. Edge AI, with a projected market size of $269.82 billion by 2032, excels in data privacy and efficiency, attracting tech giants like NVIDIA and Google. Network3's tokenomics model, with a total token supply of 1 billion, ensures sustainable mining rewards through staking and mining. Investing in Network3 Investing in Network3 offers a gateway to the future of AI infrastructure, combining DePIN's physical world integration and Edge AI's decentralized computing power. With a clear economic model and exponential market potential, Network3 stands out as a pioneer in revolutionizing the AI sector.

Decentralized Dashcam for Tesla Vehicles Modern cars are now considered advanced computers on wheels, equipped with sophisticated camera systems that provide a 360° view of their surroundings. These systems are crucial for navigation, safety, and the development of autonomous driving technology. However, the full potential of these camera systems is often underutilized. NATIX Network has introduced VX360, a decentralized physical infrastructure network (DePIN) gadget designed to enhance the capabilities of Tesla's existing camera system. VX360 transforms the camera setup into a 360° dashcam that not only improves safety for autonomous vehicles but also offers opportunities for real-time mapping, property appraisal, insurance assessments, and more. This innovative device aims to capture unpredictable real-world driving scenarios, known as 'edge cases,' to better train autonomous vehicle AI.

The AI agent meta in crypto is booming, but will it last? AI agents are playing an increasing role in crypto markets, influencing token creation and investment management. While AI agents show immense potential, challenges like model collapse and speculative activity could hinder sustainability. The AI agent meta is driving unprecedented growth in crypto, with projects achieving staggering valuations and capturing investor attention. The sector has surged to a $7 billion market cap, fueled by autonomous agents like Truth Terminal, which sparked the GOAT token, as well as Zerebro, Dolos the Bully, and aiXBT. These systems are not only creating tokens and interacting with users on platforms like X or Discord but also redefining how AI integrates with decentralized finance and the broader crypto ecosystem. However, while the boom has brought immense opportunities, it also raises critical questions about sustainability, market dynamics, and the risk of model collapse. Crypto analyst Taiki Maeda recently broke down the speculative nature of AI meme coins in a post on X titled “The AI Memecoin Omegacycle,” exploring how these agents are reshaping the crypto narrative. 'Most people ignore it because it’s just another PvP memecoin narrative,' Maeda wrote, but he emphasized that AI agents are fundamentally different. Unlike traditional static memes, 'these AI agents evolve over time, launching NFT/DeFi projects and creating real-world impact.' This evolution has sparked what Maeda described as a 'bubble with an infinite ceiling,' attracting capital from both crypto natives and external investors, including tech billionaires. The rise of AI agents AI agents are reshaping the crypto landscape by combining innovation, utility, and hype. GOAT emerged as the first AI-driven meme token, reaching a market cap of $800 million and a high of $1.3 billion. Spurred by Truth Terminal, an AI agent fine-tuned on Meta’s LLaMA 3.1 model, GOAT exemplifies how AI agents are catalyzing community-driven projects. Zerebro, another standout, combines advanced AI with dynamic memory systems to sustain diversity in its outputs. With a market cap of $360 million and a previous high of $600 million, Zerebro highlights how evolving functionality can capture investor interest. Among the growing roster of AI agents, Dolos stands out for its distinct approach to engagement. Designed to thrive on crypto Twitter, Dolos interacts dynamically through its X account, delivering sharp and witty responses. With a market cap of $200 million, Dolos has cemented its place as a unique and influential presence in the evolving AI crypto sector. aiXBT, part of Virtuals Protocol, showcases how AI agents are pushing boundaries in market intelligence. Designed to track and analyze crypto trends, aiXBT provides public insights on its X profile and offers a private analytics platform for token holders. aiXBT has rapidly risen to a $140 million market cap since its November 2 debut. Why the meta persists JD Seraphine, founder of Raiinmaker, explained that meme coins serve as a natural entry point for AI agents, offering a low-risk environment to experiment with decentralized systems. 'Meme coins thrive on community-driven hype and viral trends, creating an interesting landscape for AI agents to refine their decision-making processes,' he said. Taiki Maeda echoed this sentiment, noting that as AI agents evolve, they transition from being seen as speculative tokens to becoming an entirely new sector. This shift is driven by their ability to improve over time and generate tangible on-chain activity, such as launching NFT or DeFi projects. 'They are not static. They evolve over time, capturing more attention,' Maeda wrote. Risks and challenges Despite their potential, the rise of AI agents is not without challenges. The threat of model collapse looms large as

Decentralized GPU compute provider io.net has announced a strategic partnership with Matchain, a decentralized AI identity layer for Web 3. This collaboration aims to enhance AI application development within the Matchain ecosystem by leveraging io.net's GPU infrastructure. The partnership is designed to streamline the development process for Matchain developers, allowing them to focus on creating innovative applications without the complexities of managing infrastructure. Matchain, known for its AI-driven identity solutions, will utilize io.net's decentralized computing resources to support various applications, ultimately fostering advancements in AI integrations and innovations. The integration of io.net's GPU infrastructure will provide Matchain users with scalable and cost-effective computing resources. By utilizing io.net's GPU clusters, which are priced significantly lower than traditional cloud services, Matchain aims to deliver high-performance computing capabilities to its users. This partnership not only reduces costs but also enhances the speed and efficiency of AI application development. Jessie Xiao, Chief Commercial Officer of Matchain, emphasized that this collaboration empowers developers with the necessary tools to build next-generation applications while advancing the mission of AI-driven innovation in decentralized ecosystems. Furthermore, the partnership aligns with Matchain's goals to leverage blockchain technology for AI research. By integrating io.net's decentralized computing model, Matchain users will benefit from on-demand GPU resources and faster payment solutions via the Solana blockchain. This collaboration is expected to provide 1.1 million users with access to advanced tools for creating innovative AI identity-based applications, including identity and data management solutions. Both companies view this partnership as a significant step forward in the AI and blockchain landscape, offering practical solutions for the advancement of decentralized AI applications.