As the broader market sentiment improves, Decentralized Physical Infrastructure Networks (DePINs) are showing strong potential for significant gains in October. Here are 5 DePIN coins you should consider adding to your portfolio this month, as they are primed for growth!
đ Top DePIN Coins to Watch đ
đč Bittensor (TAO) - Machine Learning Powerhouse
TAO has surged by 78% in just the past week, climbing to multi-month highs! With its on-balance volume (OBV) rising, TAO shows strong buying pressure, signaling potential for further gains. If it breaks above the $634.60 level, the next target could be its all-time high of $780! đ
đč Robonomics Network (XRT) - Top Performer of the Week
XRT leads the pack with an impressive 83% growth over the last week! The rising Chaikin Money Flow (CMF) and on-balance volume (OBV) indicate solid demand for this token. If the bullish momentum holds, XRT could hit $7.71, but beware of potential profit-taking, which could bring it down to $1.84. âĄ
đč Render (RENDER) - Breaking Key Resistance Levels
RENDER has rallied past key resistance levels, surging by 31% this week. Itâs now trading at $6.10, moving above its 20-day EMA and 50-day SMA, which it has struggled with since June. If this momentum continues, RENDER could aim for $7.26. đ„
đč Anyone Protocol (ANYONE) - Privacy-Powered Growth
ANYONE is gaining serious traction, climbing 68% in the last week! The Parabolic Stop and Reverse (SAR) indicator suggests an extended rally is likely, with the price possibly reaching $1.45. However, if the market turns bearish, ANYONE could drop to $0.86. đ
đč IAGON (IAG) - AI-Driven Shared Economy
IAG is up 63% this week, trading at $0.12, its highest price since June. The MACD indicator shows bullish potential, and if the rally continues, IAG could shoot up to $0.28. Keep an eye on this one, as itâs poised for further gains! đ
đĄ Final Thoughts
These DePIN coins are showing significant momentum heading into October. Whether you're looking for short-term gains or long-term potential, these assets have the technical indicators and market conditions to back a solid uptrend. However, as always, stay vigilant for any sudden shifts in market sentiment!
đ Which of these DePIN tokens are you adding to your portfolio? đŒ
