Latest DePIN Token Launch News

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.

DePIN Alliance presents 'Where DePIN, AI & IP Converge into RWA' at TOKEN2049 Singapore, focusing on Real-World Assets (RWA) with top industry players like JDI Ventures and Chain Capital. The event offers networking opportunities with venture capitalists and features experts discussing the market trends of DePIN, AI, and IP. Limited spots available, register now to secure your place.

Transitioning to a zero-emissions economy is crucial for our survival, with renewable energy sources playing a key role. Unlike fossil fuels, renewables rely on the sun and wind, requiring a shift in how we consume energy. To achieve net-zero emissions quickly, we must involve end consumers in the energy market. Previous attempts at demand response programs have fallen short due to their inefficiency and high costs. What we need is a horizontally structured system that allows for locally-produced energy to be shared among billions of producers and consumers. By leveraging decentralized physical infrastructure networks (DePINs), communities can incentivize the building of essential networks using blockchain technology and cryptographic tokens. This approach empowers individuals, from homeowners with solar panels to small businesses with battery storage, to actively participate in the energy market and be rewarded for their contributions. It's time for the community to take the lead in shaping a sustainable energy future.

The Grass airdrop faced backlash as participants received minimal token rewards, sparking disappointment and criticism. Users expressed frustration over inadequate allocations and lack of communication from the project. In response, Grass introduced the Grass Foundation to address concerns and uphold its mission of decentralizing data management for AI training. Despite community dissatisfaction, Grass secured $4.5 million in funding from investors like No Limit Holdings, Polychain Capital, and Tribe Capital. Moving forward, Grass must prioritize transparent reward distribution to regain user trust and support.

Filecoin's Price Surge Signals Potential Recovery for DEPIN Crypto Sector. Achieving 15 exbibytes in storage, Filecoin solidifies its position in supporting NFTs, the metaverse, and decentralized AI. The launch of the Filecoin Virtual Machine attracts DeFi, NFT, and dApp projects, making it a top choice for robust storage solutions. Filecoin Green enhances sustainability, while real-world use cases like storing U.S. government files showcase its reliability. Despite recent market volatility, analysts project a positive outlook with potential highs of $30 by 2030.

Top DePIN Cryptos to Watch: Bittensor, Filecoin, and Render are poised to outperform in the future. Bittensor's market cap reached $2.025 billion, with a 55% increase in trading volume. Filecoin shows strong fundamentals with a high score of 9.7/10. Render experienced a surge in derivatives trading volume. Despite challenges, these projects exhibit potential for growth.

PowerPod, the first DePIN NFT with with real-world benefits launched in collaboration with Mamotor electric motorcycle company in Macau, was sold out on the IoTeX chain within hours. This NFT allows holders to earn $PT tokens based on the daily electricity consumption at Mamotor's electric motorcycle charging stations in Macau for a 30-day period. PowerPod, initiated by IoTeX, aims to build a decentralized energy sharing network, with the charging scenario for new energy vehicles being its first successful implementation. By utilizing the DePIN model, PowerPod seeks to accelerate the coverage of new energy infrastructure, improve resource utilization, and reduce carbon emissions through device sharing and resource interoperability. IoTeX, as a leader in DePIN infrastructure, has provided early and comprehensive support to PowerPod in terms of engineering, technology, and resources to accelerate its development. Energy, especially new energy infrastructure, is one of IoTeX's key focus areas and a significant value proposition for DePIN. IoTeX will continue to support innovative DePIN projects through its modular infrastructure platform and DePIN Surf accelerator, driving DePIN towards a era of widespread adoption.