Top DePIN Altcoins to Watch in December 2024

In a significant development within the blockchain and AI sectors, Stratos has announced a strategic partnership with Tatsu, a pioneering decentralized AI crypto project operating within the Bittensor network and TAO ecosystem. Tatsu has made remarkable strides in decentralized identity verification, leveraging advanced metrics such as GitHub activity and cryptocurrency balances to create a unique human score. This innovative approach enhances verification processes, making them more reliable and efficient in the decentralized landscape. With the upcoming launch of Tatsu Identity 2.0 and a new Document Understanding subnet, Tatsu is set to redefine the capabilities of decentralized AI. The partnership will see Tatsu integrate Stratos’s decentralized storage solutions, which will significantly bolster their data management and security protocols. This collaboration is not just a merger of technologies but a fusion of expertise aimed at pushing the boundaries of what is possible in the decentralized space. By utilizing Stratos’ robust infrastructure, Tatsu can enhance its offerings and ensure that its identity verification processes are both secure and efficient. This synergy is expected to foster innovation and growth within the TAO ecosystem, opening doors to new applications for Tatsu’s advanced technology. As both companies embark on this journey together, the implications for the blockchain community are substantial. The integration of decentralized storage with cutting-edge AI solutions could lead to transformative changes in how identity verification is conducted in various sectors. This partnership exemplifies the potential of combining decentralized technologies with AI to create more secure, efficient, and innovative solutions, setting a precedent for future collaborations in the blockchain space.

Helium (HNT) is showing signs of potential growth, with analysts predicting a possible surge of 25% to reach the $8.15 mark if it can close a daily candle above the $6.50 level. Since November 20, there has been a notable accumulation of HNT by whales and investors, indicating a growing confidence in the token's performance. Despite the overall market experiencing volatility, HNT has remained relatively stable, positioning itself for a potential upside rally as traders and investors take a keen interest in its price movements. Recent data from Coinglass highlights a significant increase in HNT's Open Interest, which surged by 8.5% in the last 24 hours and 4.7% in the past four hours. This uptick suggests that traders are expanding their positions, reflecting a shift in sentiment towards HNT. Additionally, the Spot Inflow/Outflow data indicates that whales have been consistently accumulating HNT tokens, contributing to a negative net flow. These metrics, combined with a bullish price action pattern on HNT's chart, suggest that the asset is poised for a breakout. Technical analysis from AMBCrypto indicates that HNT is on the verge of breaking out of a falling channel, currently consolidating near the upper boundary of this pattern. With the altcoin trading above the 200 Exponential Moving Average (EMA) and a Relative Strength Index (RSI) of 52, the market sentiment appears bullish. As HNT trades around $6.25, a minor price increase of over 1.25% in the last 24 hours, coupled with a 10% rise in trading volume, suggests heightened trader participation and optimism for an imminent upside rally.

The Hivemapper Foundation has recently formed a strategic partnership with Kamino and Jito Labs to launch the HONEY-JitoSOL liquidity treasury incentive plan. This initiative comes at a time when many investors in the cryptocurrency market are still engaged in zero-sum games, while decentralized physical infrastructure networks (DePIN) are paving new avenues for value creation. The rapid advancement of Web3 technology is facilitating a deep integration of DePIN and decentralized finance (DeFi), which is reshaping the blockchain industry's landscape. This integration promises to enhance the liquidity of physical assets and foster substantial innovation across the blockchain ecosystem. Hivemapper, a decentralized mapping network operating on the Solana blockchain, has made significant strides since its inception in November 2022, mapping 29% of the world’s roads within two years. Utilizing innovative “Bee” dashcam devices and AI technology, Hivemapper captures over 28 million kilometers of street-level imagery monthly, outpacing Google Street View by five times. The project has garnered investments from notable institutions, including A16Z and Binance, and has established partnerships with global mapping giants. The HONEY token incentivizes user participation in data collection, addressing challenges in developing high-precision maps through a unique AI+DePIN model. The newly launched liquidity solution on the Orca trading platform offers up to $17,000 in rewards for HONEY token liquidity providers. It features automated transaction fee income, smart rebalancing, and professional analysis tools to help users navigate risks. The market response has been overwhelmingly positive, with the HONEY-JITOSOL liquidity pool achieving a Boosted APY of 36.02% and a total value locked (TVL) exceeding $500,000 shortly after launch. This innovative cooperation not only highlights the potential of integrating DePIN with DeFi but also sets a precedent for future developments in the blockchain space, demonstrating how decentralized finance can empower the real economy and create new opportunities for users.

The meme coin market is currently experiencing significant volatility, with established players like Popcat (POPCAT) facing intense competition from newcomers such as 1900Rugrat (RUGRAT). As these tokens vie for dominance, RUGRAT is attracting attention with its promise of 1000x returns, while POPCAT is struggling to maintain its market position. After a notable rally to $2 in November, POPCAT has seen a 40% correction, dropping to $1.20. This critical support level will determine its future trajectory; a rebound could see it rise to the $1.40–$1.60 range, but a break below $1.20 may lead to further declines. In contrast, 1900Rugrat (RUGRAT) has made headlines with its explosive growth, achieving a staggering 1000% gain shortly after its launch on Raydium. This success can be attributed to its innovative features, including deflationary tokenomics, staking rewards, and NFT integrations. RUGRAT's unique approach to community engagement has made it a favorite among both retail investors and larger stakeholders, highlighting a shift in the meme coin market towards tokens that offer real utility and engagement rather than mere hype. As the competition heats up, the future of both tokens will depend on their ability to adapt and innovate. For POPCAT, maintaining the $1.20 support level and breaking through resistance at $1.40–$1.60 is crucial for regaining upward momentum. Meanwhile, RUGRAT's rapid growth and innovative features position it well for continued success. The ongoing battle between these two tokens reflects broader trends in the meme coin market, emphasizing the importance of community, utility, and innovation in driving long-term success. Investors should closely monitor both tokens as they navigate this evolving landscape.

Donald Trump’s team is reportedly exploring a cryptocurrency policy role, indicating a potential shift towards a more crypto-friendly environment in Washington. Trump's advocacy for a national Bitcoin stockpile and his criticism of SEC crackdowns have energized investors, sparking interest in low-cap cryptocurrencies such as Arweave (AR), Immutable (IMX), and Rollblock (RBLK). These emerging tokens are gaining traction as investors seek substantial returns in an evolving crypto landscape, moving beyond traditional investment options. Arweave (AR) has shown remarkable resilience, rebounding from a low of $3.70 in October 2023 to $40 in August 2024, following its acquisition of the Odysee social media platform. Despite fluctuations, Arweave has experienced a 22% increase in the past week and a staggering 186% rise over the year, positioning it as a strong contender in the market. Analysts predict that by 2025, Arweave's price could average $45, with potential highs of $70 under favorable conditions. However, cautious investors note that weaker performance could limit its price to around $20. Immutable has partnered with Altura, committing $5 million to enhance web3 gaming infrastructure, integrating its Passport and Checkout tools into Altura's projects. Currently trading at $1.81, Immutable has seen a 35% increase since mid-November, with projections suggesting it could reach $5 by Q1 2025. Meanwhile, Rollblock, a regulated blockchain-powered GambleFi platform, has raised $5.9 million to address transparency issues in the gambling industry. With a growing user base and a unique revenue-sharing system, Rollblock is poised for significant growth, making its $RBLK token an attractive investment option as it continues to innovate in the gambling space.

Blockmate Ventures Inc. has announced a strategic partnership between its investee Hivello Holdings Ltd and XYO, a leader in Decentralized Physical Infrastructure Networks (DePIN). This collaboration aims to enhance the reach of the Hivello app while providing additional passive income opportunities for users within the XYO network. XYO operates a vast network of 8 million nodes across over 150 countries, allowing users to earn passive income through their COIN app. Hivello, which recently launched its desktop app, enables users to monetize their unused computing power, thereby creating a synergistic relationship that benefits both platforms. The partnership between Hivello and XYO is designed to empower users, particularly in emerging markets, by simplifying the process of earning income through decentralized networks. By integrating Hivello's user-friendly desktop interface with XYO's mobile ecosystem, users can easily turn idle resources into income, whether by contributing geographical data or utilizing computing power. This initiative not only aims to increase user engagement but also to provide a seamless experience for those looking to participate in the decentralized economy without facing technical barriers. Justin Rosenberg, CEO of Blockmate Ventures, expressed enthusiasm about the partnership, highlighting the potential for Hivello to expand its user base and enhance its offerings. Both companies share a vision of creating economic opportunities for individuals in developing regions, thus contributing to a more inclusive digital economy. As they work together, Hivello and XYO are set to unlock new earning potentials for users globally, reinforcing their commitment to decentralization and the transformative power of blockchain technology.