Storj Resumes Token Deposits to Binance After Seven-Month Hiatus

Decentralized Physical Infrastructure Networks (DePin) are reshaping the tech industry by facilitating decentralized projects in real-world infrastructure. Recent developments in the DePin sector include VanEck's $2.5 million investment in DAWN for decentralized wireless service, IoTeX's collaboration with the Blockchain Association for DePin political advocacy, Exabits securing $15 million in seed funding, and more. Exabits, an AI GPU tokenization startup, received $15 million in seed funding. By tokenizing GPU compute resources, Exabits has reached a $150 million valuation and experienced a 300% quarterly revenue increase. GPUs play a vital role in the DePin AI ecosystem due to the high computing demands of AI research. While companies like Aethir focus on GPU-as-a-service partnerships, Exabits offers a unique perspective that shows promise in the sector.

AI tokens are rapidly establishing their significance within the cryptocurrency market, yet comprehending their emissions strategies is essential for mitigating short-term risks. This article explores the tokenomics of several prominent AI projects and their forthcoming supply expansions, providing insights into how these changes may impact market dynamics. Bittensor's $TAO token is projected to experience a substantial 3.02% increase in circulating supply over the next month, translating to an additional $129.26 million in market value. This considerable emission could lead to heightened liquidity and potential selling pressure, prompting investors to closely monitor trading volumes and price fluctuations to gauge market appetite for the increased supply. In contrast, both $AKT from Akash Network and $AIOZ from AIOZ Network are set to expand their circulating supplies by more moderate percentages of 0.82% ($7.92 million) and 0.59% ($7.37 million), respectively. This measured approach aims to balance token dilution while maintaining a controlled release schedule, thereby minimizing market shocks. On the other hand, FetchAI's $FET and Render Network's $RENDER are adopting conservative supply expansion strategies, with $FET seeing a modest 0.30% increase ($14.15 million) and $RENDER planning a minimal 0.10% increase ($4.60 million). These strategies are crafted to safeguard token value by limiting supply-side inflation, particularly during volatile market conditions. Additionally, Virtual AI Agents distinguishes itself by maintaining a static token supply since its inception, with no planned emissions, thereby eliminating dilution risk entirely. This strategy, while stabilizing supply dynamics for token holders, may restrict growth incentives through future token releases. Understanding these diverse emissions strategies is vital for effectively navigating the AI token landscape and managing associated risks.

As 2024 draws to a close, WiFi Map, the world's largest decentralized crowdsourcing platform, celebrates a remarkable year marked by significant achievements and community-driven progress. The platform has seen explosive growth, surpassing 15 million new app installs, a 40% increase from the previous year, bringing its total downloads to 190 million. This growth underscores WiFi Map's global appeal and relevance in today's interconnected world. Additionally, over 700,000 new contributors joined the platform, pushing the total contributor count to 13 million, with expectations to reach 14 million soon. The introduction of the $WIFI utility token has also revolutionized user engagement, with 3.6 million tokens distributed as rewards, significantly boosting participation rates to an impressive 4.5-5%. In 2024, WiFi Map launched several transformative features, including a dynamic layer system that allows for the rapid deployment of new categories for real-world data, such as public restrooms and drinking fountains. The platform's amenities contribution feature gained traction, with contributors adding over 20,000 amenities, 50,000 photos, and 45,000 reviews in just a few months. The number of newly added WiFi hotspots grew by 22% compared to 2023, while contributors performed an average of 408,000 speed tests per month, a 20% increase from the previous year, reinforcing WiFi Map's reliability as a resource for assessing network performance. Looking ahead to 2025, WiFi Map aims to enhance its impact by migrating all data to the blockchain for improved transparency and security, expanding the utility of the $WIFI token ecosystem, and increasing active wallets and transaction volumes. The platform is committed to bridging the digital divide and ensuring that connectivity becomes a universal right. With community, transparency, and innovation at its core, WiFi Map is poised for another transformative year in 2025, inviting users to join its global community and contribute to the decentralized network that is redefining connectivity.

Helium (HNT) has recently captured market attention with a notable price surge of approximately 10% over the last 24 hours. This bullish momentum is further highlighted by a 12% increase in trading volume, indicating a significant uptick in investor interest. As the token approaches a critical resistance level at $9.5, market participants are keenly observing whether this rally can sustain its strength or if it will face a pullback. A successful breakout above this resistance could potentially lead Helium towards the psychological milestone of $10, while failure to breach this level may result in a downward correction. The daily chart for Helium shows a clear uptrend, supported by an ascending trendline that traces back to recent lows around $2.8. Currently, the price is nearing the $8.2 support level, which previously acted as resistance in an ascending triangle pattern. Additionally, data from Coinglass reveals a liquidation pool of 56.70K at the $8.3648 price level, indicating rising risks among over-leveraged traders. This scenario, coupled with increasing Open Interest (OI) trends, reflects growing confidence in Helium's price action, suggesting that traders are optimistic about the token's future performance. Broader market conditions have also been favorable, with Bitcoin's steady price providing a supportive backdrop for altcoins like Helium. As the token nears the pivotal $9.5 resistance level, it will require substantial buying pressure from bulls to maintain the uptrend. The market's reaction at this critical juncture will be crucial; a breakout could trigger a swift rally towards $10, while a rejection might push the price back to the support zone between $7.8 and $8. Overall, the current indicators suggest a potential bullish trend, but market participants remain cautious as they await further developments.

In 2024, the cryptocurrency landscape has been dominated by the trend of Decentralized Physical Infrastructure Network (DePIN), with the Akash Network emerging as a significant player in this space. Co-founded by Greg Osuri, a notable software developer and founder of AngelHack, Akash operates as an open-source "super cloud" that facilitates the buying and selling of computing resources. This model is particularly relevant in the current age of artificial intelligence, where computing power is in high demand. DePIN leverages blockchain technology to streamline access to resources that are typically fragmented, positioning Akash as a viable alternative to centralized computing solutions like Nvidia's chips. The Akash Network aims to democratize access to computing power, making it more affordable for individual users. Osuri emphasizes the platform's core values, stating that Akash provides users with the "right to compute," promoting freedom from censorship and encouraging free thought. The native token of the Akash Network, $AKT, serves as the currency for transactions within this ecosystem, further integrating the blockchain technology into everyday computing needs. This innovative approach has garnered significant attention and usage among users. In a remarkable demonstration of its growing popularity, Akash reported a staggering 1,729% increase in year-over-year user fees in the third quarter of 2024. This surge indicates a strong demand for decentralized computing solutions and highlights the potential of Akash to reshape the future of cloud computing. As DePIN continues to evolve, Akash Network stands out as a pioneering force in making computing resources accessible and affordable for all users, aligning with the broader trends in the cryptocurrency space.

In the latest showdown of the memecoin arena, Shiba Inu ($SHIB) and Floki ($FLOKI) are set to battle for supremacy. Both tokens, riding the coattails of Dogecoin ($DOGE), have carved unique paths in a volatile crypto landscape. As macroeconomic factors, such as the upcoming U.S. CPI data and the indecisive Ethereum/BTC pair, loom large, the altcoin market cap is flirting with levels reminiscent of the 2021 bull run. This environment raises questions about the sustainability of these tokens, especially given the potential for a 25% correction in the altcoin sector. The community strength and speculative nature surrounding these tokens will play a crucial role in their survival amidst the storm. Shiba Inu, initially launched as a decentralized community experiment, has evolved into a multifaceted ecosystem with ambitions beyond mere speculation. Its offerings include ShibaSwap DEX, plans for an algorithmic stablecoin, and a metaverse project. However, with a staggering total supply of 589 trillion tokens, SHIB faces inflationary challenges, necessitating robust utility adoption to support its valuation. Conversely, Floki, inspired by Elon Musk's dog, combines memecoin allure with tangible utility ambitions, including an NFT gaming metaverse and a DeFi suite. Despite its tighter circulating supply of 9.6 trillion tokens, Floki's heavy whale dominance poses risks of sudden sell-offs, making it vulnerable in bearish market conditions. From a technical analysis perspective, both tokens exhibit bullish momentum, but caution is warranted due to low trading volumes. SHIB has confirmed a Cup & Handle breakout but may face resistance at $0.0000350, while FLOKI's breakout is similarly dependent on volume spikes above $0.0003. Investors are advised to accumulate during dips and monitor volume closely to avoid potential bull traps. Ultimately, while SHIB offers a broader ecosystem for long-term growth, FLOKI may appeal to those seeking immediate gains. As always, the speculative nature of memecoins necessitates careful planning and risk management for investors navigating this crowded and volatile market.