Any protocol with decentralized physical network infrastructures can be called DePIN.
DePIN projects are generally seen in initiatives such as Power Plants, Telecommunications, Cloud Solutions, Data Storage.
Example DePIN project:
The Helium HNT project offers a global network of “hotspot” decentralized nodes. This provided global network is used for both the internet and the internet of things.
Individual users purchase a hotspot device. You can think of a hotspot device as a small antenna. Hotspot devices connect to each other to form a global network. In return, they are rewarded with HNT coins.
$FIL coin is an example for DePIN projects.
It offers decentralized file storage and sharing on the blockchain.
OpenBazaar, an e-commerce platform, used crypto technology and blockchain to connect buyers with real-world orders.
RNDR , GRT , $AR , $THETA coins are examples of DePIN projects.
It opens new horizons by connecting real-world assets with blockchain technologies and crypto.
Let's take a closer look at the future of $IO coin, which raised $40M in funding before being listed on the Binance exchange, and the internet of GPUs - CPUs.
IO.net, the largest GPU network in the cryptocurrency network, offers unique opportunities compared to its competitors.
Its customer base includes AI companies, graphing applications, crypto verification networks, and more.
IO.net has unique advantages with its decentralized Cloud Technology and Artificial Intelligence computing processes.
💻 Access to GPU/CPU hub in 138+ Countries 💪IO.net cloud platform ✨Universal computing network for businesses and users worldwide 💪Partnerships include SOLANA , The Render Network , APTOS . 👍Offering unique prices 🚀The power of DePIN and IO.net 💪IO.net has an experienced and strong team
DePINs are used to operate and manage real-world infrastructure using decentralized blockchain technology. You can be sure that you will hear the concept of DePIN a lot in the coming period. It will change many things..
Work continues on projects ranging from storage to telecommunication networks, mapping, and 3D rendering.
The potential of DePIN projects is huge. DePINs are a separate and long topic.
The initial offering of the IO coin on Binance Launchpool was completed on June 11.
There will be a minor unlock for the $RNDR coin this month.
The total supply is 532,077,324 RNDR coins, the amount in circulation is 388,650,384 RNDR. The highest market price reached was $13.59 and the lowest was recorded as $0.03.
RNDR total market cap is $2,781.73M.
On July 16, the token with a market value of $5.44M will be unlocked and the circulating supply will increase. (%0.20)
Since it is a low amount, it will not affect the current price range much.
There will be a significant amount of $ALT coin unlocking on July 25th.
Total supply 10,000,000,000 ALT, circulating supply 1,100,000,000 ALT. The highest market price it could reach was $0.68, while the lowest was recorded as $0.15.
Total market value $167.33M.
The market value of the amount of coins to be unlocked is $114.98M. (%42.08)
One of the coins that will be unlocked in large quantities this month is the $ARB coin.
The total supply is 10,000,000,000 ARB and the circulating supply is 3,231,588,116 ARB coins. The highest price it reached was $2.39 and the lowest price it saw was $0.74.
The amount of ARB coins to be unlocked has a market value of $72.03M. It will be unlocked on July 16th.
Another coin that will be unlocked this month is $IMX
Maximum Supply 2,000,000,000 IMX, quantity in circulation 1,507,875,589 IMX. Its historical peak price is $9.49 and its current trading price is $1.60.
The amount to be unlocked on July 12 has a market value of $47.09M. (%2.17)
Good news came from Binance today for two coins. Two high-risk coins on the Binance watchlist gained value after the "watch tag" was removed.
I congratulate the team for once again meeting the stock exchange requirements and not disappointing the investors in this regard. I hope it does not happen again.
$ZEN coin increased by 7.13% and $MLN coin gained 29%.
The tracking tag has been removed from the two coins mentioned.