Noobs: Panicking about pull-backs.
Pirates: Research DePIN picks on pull-backs.
Here’s the top DePIN picks showing relative strength with huge potential: 🧵👇
People throw the term 100x around.
Yet, DePIN is a narrative that has it, there’ll be new coins that do hit 100x, why?
- REAL use-case
- REAL potential
Share this post 👆, don’t come back in 6 months to find these coins have outperformed the market.
Criteria for finding the top picks:
- 30day + 7day strength.
Coins in this narrative need to show strength in that period of time when we had our first pull back.
- 24h volume over $1 million.
I want to see significant trading volume!
1: $RNDR
>𝐌𝐚𝐫𝐤𝐞𝐭 𝐜𝐚𝐩: $1.87 billion
>𝐅𝐮𝐥𝐥𝐲 𝐝𝐢𝐥𝐮𝐭𝐞𝐝 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧: $2.64 billion
>𝟑𝟎𝐝 + 𝟕𝐝 𝐩𝐫𝐢𝐜𝐞: +20.4% / +19.2%
>𝐖𝐡𝐚𝐭 𝐢𝐬 $RNDR?
The Render Token (RNDR) is a groundbreaking cryptocurrency that fuels the Render Network, a decentralised platform designed for rendering services.
It enables users to tap into advanced rendering services while efficiently harnessing idle GPU resources.
This network marks a significant evolution for artists and content creators by providing superior rendering capabilities and cost-effective solutions for intricate projects.
The RNDR token rewards rendering nodes and remunerates them for their contributions.
Fully compatible with industry-standard software and tools, the Render Network seamlessly integrates into existing workflows, offering a revolutionary approach to digital content creation.
2:
$DATA > 𝐌𝐚𝐫𝐤𝐞𝐭 𝐜𝐚𝐩: $41 million
>𝐅𝐮𝐥𝐥𝐲 𝐝𝐢𝐥𝐮𝐭𝐞𝐝 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧: $54 million
>𝟑𝟎𝐝 + 𝟕𝐝 𝐩𝐫𝐢𝐜𝐞: +27.1% / +13.5%
>𝐖𝐡𝐚𝐭 𝐢𝐬
$DATA ?
Streamr, symbolised by DATAcoin (
$DATA ), is revolutionising real-time data exchange through a decentralised platform. It enables direct, peer-to-peer trading of data streams, bypassing traditional middlemen.
With its innovative network and blockchain integration, Streamr provides a secure and scalable environment for trading live data feeds. Its unique ecosystem supports various roles—publishers, subscribers, sponsors, brokers, and delegators—with the DATA token underpinning transactions and rewards.
Distinct from competitors like IOTA, Streamr focuses on immediate data exchange without the need for blockchain storage, driving forward data sovereignty, decentralisation, and an open data economy.
3:
$SC >𝐌𝐚𝐫𝐤𝐞𝐭 𝐜𝐚𝐩: $494 million
>𝐅𝐮𝐥𝐥𝐲 𝐝𝐢𝐥𝐮𝐭𝐞𝐝 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧: $496 million
>𝟑𝟎𝐝 + 𝟕𝐝 𝐩𝐫𝐢𝐜𝐞: +16.6% / +3.1%
>𝐖𝐡𝐚𝐭 𝐢𝐬
$SC ?
Firstly it’s a super old coin, from 2015, but let’s dive in…
Siacoin (
$SC ) is the native cryptocurrency of the Sia platform, a blockchain-based, decentralised cloud storage system that enables users to rent out their unused storage space in a secure and trustless manner.
The project emphasises privacy, security, and affordability, offering competitive rates compared to traditional cloud storage providers like Amazon, Google, and Microsoft.
Sia's network divides files into encrypted segments, stored across different hosts to ensure redundancy and security.
Transactions and storage agreements are facilitated through smart contracts, with Siacoin serving as the payment method.
Notably, Siacoin has no maximum supply due to its utility nature, ensuring an adequate supply to match the potentially limitless demand for data storage.
Sia also features a unique consensus mechanism and provides incentives for hosts through a proof-of-burn system, enhancing the network's security and reliability.
The project has seen significant interest from both users and investors due to its innovative approach to decentralised storage.
4: $POKT
>𝐌𝐚𝐫𝐤𝐞𝐭 𝐜𝐚𝐩: $354 million
>𝐅𝐮𝐥𝐥𝐲 𝐝𝐢𝐥𝐮𝐭𝐞𝐝 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧: $375 million
>𝟑𝟎𝐝 + 𝟕𝐝 𝐩𝐫𝐢𝐜𝐞: +34% / -9.3%
>𝐖𝐡𝐚𝐭 𝐢𝐬 $POKT?
Pocket Network ($POKT) is a decentralised blockchain platform designed to support Web3 applications by providing a robust and censorship-resistant infrastructure.
It allows developers to access blockchain data through a network of independent node operators, utilising a decentralised solution to maintain resilience and security.
This innovative approach aims to address the centralisation issues in the RPC layer of the Web3 stack, which Pocket Network’s founders identified as a critical vulnerability for decentralised applications relying on a few centralised service providers and provides a solution.
5: $ALEPH
>𝐌𝐚𝐫𝐤𝐞𝐭 𝐜𝐚𝐩: $48 million
>𝐅𝐮𝐥𝐥𝐲 𝐝𝐢𝐥𝐮𝐭𝐞𝐝 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧: $131 million
>𝟑𝟎𝐝 + 𝟕𝐝 𝐩𝐫𝐢𝐜𝐞: +117% / -9.9%
>𝐖𝐡𝐚𝐭 𝐢𝐬 ?
Aleph ($ALEPH) is a dynamic, open-source crosschain network aimed at providing decentralised database solutions, including file storage, computing, and a decentralised identity framework.
Essentially functioning as a decentralised alternative to traditional cloud services like AWS, Aleph im’s mission is to empower decentralised apps and protocols by removing the need for centralised components in their stacks, thus enabling a fully decentralised architecture.
6: $HNT
>𝐌𝐚𝐫𝐤𝐞𝐭 𝐜𝐚𝐩: $1 billion
>𝐅𝐮𝐥𝐥𝐲 𝐝𝐢𝐥𝐮𝐭𝐞𝐝 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧: $1.6 billion
>𝟑𝟎𝐝 + 𝟕𝐝 𝐩𝐫𝐢𝐜𝐞: +24.2% / -8.3%
>𝐖𝐡𝐚𝐭 𝐢𝐬 ?
Helium ($HNT) is a cryptocurrency that powers a decentralised network designed to connect IoT devices across vast distances at low costs.
The innovative Helium Network, uses Hotspots that provide network coverage and mine HNT tokens as rewards.
Expanding into Helium Mobile, this service aims to revolutionise mobile connectivity by offering 5G services at lower costs while rewarding users with MOBILE tokens for their network contributions.
Summary:
Now is the time to be picking the best tokens with relative strength on top narratives, not the time to give up.
- $RNDR -
@ rendernetwork
-
$DATA -
@ streamr
-
$SC -
@ Sia__Foundation
- $POKT -
@ POKTnetwork
- $ALEPH -
@ aleph_im
- $HNT -
@ helium
that's it for today, hope you like it. thank you. use tip feature if you find this article helpful.
#DePIN #Write2Earn #100xcrypto