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.

DePin Grass projesi, başarılı bir airdrop'un ardından birden fazla borsa üzerinde resmi olarak ticarete başladı. Airdrop'tan kaynaklanan bazı satış baskılarına rağmen, GRASS token'ın fiyatı, ticaret hacmindeki önemli bir artışla birlikte kısa bir süre için 1 doları aştı. Başlangıçta, GRASS, ön piyasa döneminde yaklaşık 0,73 dolardan işlem görüyordu, ancak listelendikten sonra 0,65 dolardan 1,10 dolara kadar yükseldi. Bu dikkate değer fiyat hareketi, piyasanın GRASS'a 1 milyar dolardan fazla bir tam seyreltilmiş değerleme (FDV) atfettiğini gösteriyor ve bu da yeni piyasaya sürülen bu token'a olan güçlü yatırımcı ilgisini vurguluyor. Ancak, fiyat daha sonra 0,87 dolara geri çekildi ve bu, ön piyasa seviyesinin hala üzerinde, yatırımcılar arasında sürdürülen bir iyimserliği gösteriyor. CoinGecko verileri, GRASS'ın, yaklaşık 225 milyon dolarlık işlem hacmi ile, Bittensor (TAO) ve Filecoin (FIL) gibi yerleşik token'ların günlük işlem hacimlerini aştığını gösteriyor ve bu da onu DePin ticaret hacmi kategorisinde lider token yapıyor. GRASS'ın başlangıçta dolaşımda olan arzı hakkında bir tartışma ortaya çıktı; bu, toplam 1 milyar token'ın %25'i olarak belirtiliyor. Bir yatırımcının analizi, gerçek dolaşımda olan arzın %5-6 kadar düşük olabileceğini öne sürüyor. Bu tutarsızlık, GRASS'a yatırım yapmanın potansiyel riskleri hakkında endişeleri artırıyor, özellikle yüksek FDV'si ve sınırlı dolaşım arzı göz önüne alındığında. GRASS için lineer kilit açma süreci 2028 yılına kadar devam edecek ve günlük kilit açmalar, token'ın fiyatı üzerinde uzun vadeli satış baskısı yaratabilir. Wynd Network tarafından geliştirilen bir DePin projesi olarak, GRASS, aktif kullanıcıları internet kaynaklarını bir tarayıcı uzantısı aracılığıyla paylaşmaları için ödüllendiriyor.

In the latest developments within the cryptocurrency market, Bittensor's token, TAO, has seen a remarkable surge of 7.1% over the past 24 hours, with its trading volume skyrocketing by 104%. This surge coincides with a broader upswing in the crypto market, where Bitcoin has reached an impressive price of $71,500. As a result, many altcoins are benefiting from this bullish trend, but TAO has emerged as a standout performer, trading at $544 at the time of reporting. Other AI-themed coins, such as Injective (INJ) and Near Protocol (NEAR), have also experienced gains, but none have matched TAO's performance. The upward momentum for TAO is further supported by market analysis indicating a growing bullish sentiment among investors. The Long/Short Ratio for Bittensor suggests that long position holders are currently dominating the market, with 50.96% of positions being long. This indicates that most investors are optimistic about the future price movements of TAO. Additionally, the positive funding rate observed over the past week reinforces this bullish outlook, as it shows that long position holders are willing to incur premium fees to maintain their positions during market downturns. As TAO continues to gain traction, technical indicators such as the Relative Strength Index (RSI) have shown an increase from 45 to 50, suggesting rising buying pressure. If the current positive sentiment persists, TAO is well-positioned to reclaim the $584 resistance level. However, if this price increase is driven by speculation alone, there is a risk of a potential decline to $463. Overall, the current market dynamics indicate a favorable outlook for TAO, with the potential for further gains in the near future.