DePIN Explorer - DePIN Scan

As the Decentralized Physical Infrastructure Network (DePIN) sector continues to gain momentum, November 2024 is shaping up to be a pivotal month for investors looking to capitalize on emerging altcoins. These altcoins are increasingly disrupting the crypto market by integrating blockchain technology with real-world applications. Among the top contenders, Bittensor (TAO) stands out with its open-source protocol that supports a decentralized machine-learning network. Despite a recent decline of 15%, trading at $510.86, analysts suggest that this may present a buying opportunity, with potential upward movement toward $681.85 if it maintains above the 50-day Exponential Moving Average (EMA). Filecoin (FIL) is another significant player in the DePIN space, currently trading between $3 and $4. The token has shown signs of recovery, increasing nearly 10% since late October. If bullish momentum continues, FIL could break the $3.85 resistance and rally towards $4.29. Conversely, if the upward trend falters, it may drop to $3.41. JasmyCoin (JASMY), focused on the Internet of Things (IoT), is also worth monitoring as it approaches a breakout from a falling wedge pattern, with a target of $0.034 if successful. Lastly, Livepeer (LPT) and Grass (GRASS) are notable mentions. LPT, despite a 25% decline, has shown resilience at the $10.68 support level, with potential to rise towards $13.27. Meanwhile, GRASS, which recently launched, is still in price discovery mode and could see significant movement if it retests $1. Investors should remain vigilant as these altcoins may experience volatility but also present opportunities for growth in the coming month.

Grass is an innovative decentralized physical infrastructure network (DePIN) project built on the Solana blockchain. It allows users to share their idle internet bandwidth, enabling them to earn passive income while contributing to AI training companies. Participants receive Grass Points, which will later be used as criteria for airdrop distributions. The project aims to transform unstructured web data into structured datasets through its two main components: Grass nodes and Sovereign Data Rollup, which work together to facilitate data sourcing and transformation. The Grass project has successfully raised $4.5 million through two funding rounds, with notable investors including Polychain Capital and Tribe Capital. The development team remains largely anonymous, with Andrej Radonjic, co-founder of Wynd Network, being the only member to disclose his identity. Grass is also partnering with Solana Phone – Saga to integrate its application into mobile devices, as well as Alignment Lab AI, which focuses on developing large language models. This collaboration is expected to enhance the project's capabilities and reach. To participate in the upcoming airdrop, users must register as bandwidth providers and follow a series of installation steps. The project has implemented a referral system that incentivizes users to invite others, allowing them to earn additional points based on their referrals' activities. However, participants are advised to exercise caution, as there are inherent risks associated with sharing bandwidth and installing the necessary software. Overall, Grass presents an accessible opportunity for users to engage in the blockchain ecosystem while contributing to the advancement of AI technologies.

Проект DePin Grass официально начал торговлю на нескольких биржах после успешного аирдропа. Несмотря на некоторое давление со стороны продаж после аирдропа, цена токена GRASS на короткое время превысила 1 доллар, что было вызвано значительным увеличением объема торгов. Изначально GRASS торговался примерно по 0,73 доллара на предрынке, но после листинга он вырос с минимума в 0,65 доллара до максимума в 1,10 доллара. Это замечательное движение цен указывает на то, что рынок оценил полностью разводнённую капитализацию (FDV) GRASS более чем в 1 миллиард долларов, что подчеркивает высокий интерес инвесторов к этому только что запущенному токену. Тем не менее, цена позже откатилась до 0,87 доллара, что все еще выше уровня предрынка, что указывает на устойчивый оптимизм среди инвесторов. Данные CoinGecko показывают, что GRASS превзошел суточные объемы торгов устоявшихся токенов, таких как Bittensor (TAO) и Filecoin (FIL), с почти 225 миллионами долларов в торговле, что делает его ведущим токеном в категории объема торгов DePin. Возникли обсуждения относительно начального обращения токенов GRASS, которое, как утверждается, составляет 25% от общего объема в 1 миллиард токенов. Анализ одного из инвесторов предполагает, что фактическое обращение может составлять всего 5-6%. Эта разница вызывает опасения относительно потенциальных рисков, связанных с инвестициями в GRASS, особенно учитывая его высокую FDV в сочетании с ограниченным обращением. Процесс линейного разблокирования GRASS будет продолжаться до 2028 года, при этом ежедневные разблокировки могут оказать долгосрочное давление на цену токена. Как проект DePin, разработанный Wynd Network, GRASS вознаграждает активных пользователей за использование своих интернет-ресурсов через расширение браузера.

Wall Street venture capitalists are making a significant shift in their investment strategies, moving away from traditional equities and embracing cryptocurrencies such as Ripple (XRP), Bittensor (TAO), and DTX Exchange (DTX). This trend is particularly evident as DTX Exchange has successfully raised over $6 million during its presale phase, attracting considerable attention from investors. The growing interest in these cryptocurrencies reflects a broader trend where investors are seeking disruptive assets that promise substantial growth potential, especially as established tokens like XRP and TAO gain traction in the market. Ripple (XRP) has emerged as a standout option for investors, driven by its increasing on-chain activity and the potential approval of a Ripple ETF. Recent data shows that XRP has reached a six-month high in activity, with a notable increase in transaction counts and new addresses. This surge indicates a growing investor interest, with transaction counts climbing to 1.5655 million, marking a 1.24% rise in just a few days. Such momentum positions XRP as a compelling long-term investment, appealing to venture capitalists looking for robust opportunities in the crypto space. In addition to XRP, DTX Exchange is gaining traction among Wall Street investors due to its attractive presale pricing and innovative features, including a loyalty program and social trading functionalities. These elements not only enhance user experience but also foster a strong trading community. Meanwhile, Bittensor (TAO), a blockchain-based AI project, is also capturing investor interest with its scalable network for AI applications. Despite a slight decrease in value, the positive outlook for Bittensor is bolstered by increasing community support and user engagement. Overall, the shift towards these cryptocurrencies signifies a transformative moment in investment strategies, with DTX standing out as a particularly promising option for long-term gains.