Hivemapper's HONEY Token Surges Amid Cryptocurrency Slump

Roam's decentralized WiFi network, DePIN, has experienced rapid growth in the number of nodes, surpassing 569,463 within just 12 days from reaching 500,000 on August 28. The total check-ins have exceeded 22.7 million, with over 600,000 registered users on the Roma app. Roam offers enterprise-grade WiFi services globally, making it a significant player in the decentralized WiFi network space.

DePIN, the sector bridging everyday life with the digital world, is booming with Helium emerging as one of the fastest-growing networks in crypto. Over the last 30 days, DePIN's market cap surged by 22.7%, reaching $20 billion with a 400% increase. The fundraising volume also saw a 296% surge year-over-year, indicating massive growth and investor confidence. With over 100 projects in development, DePIN's potential is undeniable, attracting both developers and investors. Helium, for instance, attracted 756,000 real users on June 18, transferring 19.1 TB of data on their network. This success showcases DePIN's seamless integration into daily life, making blockchain technology accessible without users even realizing it. The sector's rapid expansion and promising future make DePIN a major player in the crypto market.

Helium's native token (HNT) has surged by over 18% in the past week, outperforming many other cryptocurrencies. The rise in price is attributed to the growth in Helium's mobile subscribers, which now exceed 112,000. This surge follows a 40% spike in price just two months ago when the subscriber count crossed 100,000. Helium's decentralized wireless network, focused on IoT, has seen rapid adoption, with Hotspots serving as wireless gateways and mining nodes. Technical analysis suggests potential for further gains, with resistance expected at $9.00 and possible targets at $11.50 - $12.00 and even $14.00. Support levels are crucial between $6.00 and $7.00. The overall outlook for HNT remains bullish, driven by its innovative DePIN model and expanding user base.

Bitcoin price drops to $55,711.26 as Arthur Hayes predicts it could fall below $50K amid market turmoil. Worldcoin CEO Alex Blania reveals plans for global expansion following Facebook's model. Injective launches the 'First Ever' tokenized index for BlackRock's BUIDL Fund, allowing users to take long or short positions. Pepe Unchained raises $12 million in presale with heavy whale buys, attracting attention as the next big crypto. Justin Sun's SunPump shifts to a '100% On-chain Buyback and Burn Process' strategy. Penpie DeFi Protocol hacked, resulting in the theft of $27M in crypto assets.

DePIN, with a market value of around $20 billion, is a rapidly growing sector in the crypto space. Despite the sector's fast expansion, there are still promising opportunities available. Here are three DePIN altcoins worth considering: 1) Large Cap: Render ($RENDER) Render is a major DePIN project known for its fully distributed network of GPU computing power, specifically designed for rendering images using AI programs. Recently rebranded from $RNDR to $RENDER and migrated to Solana for faster transactions and lower fees, Render has shown resilience in the market. With a 315% increase in the last 12 months, Render remains a strong contender in the DePIN space. 2) MidCap: OriginTrail ($TRAC) OriginTrail focuses on decentralized AI and truth verification, particularly in supply chains and manufacturing. Its innovative solutions for transparency and safety have garnered attention from industries like UK Customs and Swiss Federal Railways. Despite a 35% decrease in the last 3 months, OriginTrail's $TRAC token has seen a 155% ROI in the past year, showcasing its potential for growth. 3) Small Cap: [Third altcoin information here] [Additional details about the third altcoin] Share your favorite DePIN project in the comments below and stay tuned for more updates on the evolving crypto landscape.

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