5 DePIN altcoins to watch in November

As the DePIN sector continues to grow rapidly, November offers investors the opportunity to invest in altcoins that stand out in this area. These projects, which combine blockchain technology with real-world applications, have gained an important place in the crypto sector.

Bittensor ($TAO )

At the top of the list of DePIN altcoins is the blockchain-based machine learning project Bittensor. TAO’s value has fallen by 15 percent in the last 30 days to $510.86. This altcoin, which is approaching $800 in 2024, may offer a potential buying opportunity with its recent decline. However, if TAO falls below the 50-day moving average (EMA), the price is likely to fall to $397.32.

Filecoin ($FIL )

Another altcoin to watch in the DePIN sector is Filecoin, the native token of the decentralized storage system. FIL has been fluctuating between $3 and $4 for the last 30 days and seems to be well below its annual peak.

JasmyCoin ($JASMY )

One of the prominent names in the DePIN category, JasmyCoin, operates in the Internet of Things (IoT) field. JASMY is currently trading around $ 0.019 and has a similar technical structure.

Livepeer (LPT)

LPT, the native token of the blockchain-based broadcast protocol Livepeer, was another DePIN project that investors should follow in November 2024. Despite LPT losing 25 percent in value in the last 30 days, it stands out as one of the rare altcoins backed by Grayscale Trust.

Grass (GRASS)

Finally, there is the Grass project, which was launched this week. One of the reasons why GRASS stands out is that it has not yet found a fair value range. The GRASS price is expected to rise in November 2024. The parity is currently trying to protect $ 1. If the $ 1 band is maintained, the price may approach $ 2 next month.

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