The November 28 cycle theory posita#t Bitcoin prices exhibit predictable patterns based on historical data around this date. Historically, Bitcoin has experienced significant price movements following its halving events, which occur approximately every four years. The last halving occurred on May 11, 2020, which reduced the block reward for miners and historically has led to a bullish market trend for Bitcoin in the subsequent months.According to this theory, similar price movements might be expected around November 28, 2024, particularly if the market follows past trends. This date could coincide with the end of a typical market cycle or the start of a new one, potentially driving Bitcoin prices higher. Investors and analysts who follow these cycles often anticipate price increases based on previous patterns of market behavior around these key dates.However, while the cycle theory provides an interesting framework, it's important to approach it with caution. Various factors, including market sentiment, regulatory news, and macroeconomic conditions, also play crucial roles in determining Bitcoin's price. As always, investors should consider multiple factors and conduct thorough research before making any investment decisions#BitcoinTherapist #MarketDownturn #2024Trends .

Investors are eagerly supporting Web3 projects, attracted by their innovative applications of blockchain technology. In 2024 alone, more than 658 fundraising rounds related to cryptocurrency and blockchain have collectively raised $5.54 billion, as reported by CoinCarp.
While some ventures have received larger investments from venture capitalists, those securing around $10 million are particularly notable for their unique approaches to advancing blockchain technology. These projects deserve attention for their potential to drive innovation in the field.
Top Web3 Projects with Funding Rounds
1. Galaxis: $10M
Galaxis raised $10 million in a funding round involving Rarestone Capital, Chainlink, Taisu Ventures, and Nick Johnson. Additionally, they collected $200,000 through their IEO on Bybit. Galaxis, incubated by CoinMarketCap, enables brands and individuals to engage with communities through NFTs. With the rollout of their GALAXIS token, they aim to add real-world utility to their platform, collaborating beyond traditional Web3 boundaries. Notable collaborations include celebrities like DJ Steve Aoki, Val Kilmer, and LaMelo Ball, selling over 225,000 NFTs and generating 32,000 ETH (about $100 million) in secondary NFT sales. Galaxis stands out by creating NFT collections with their own economy, connecting creators and fans directly. Their focus lies on spreading awareness and enhancing participation advantages.
2. Owlto Finance
Owlto Finance, an intent-centric interoperability protocol, secured $8 million in a funding round led by Bixin Ventures and CE Innovation Capital. Their AI Agent protocol suggests optimal bridging paths across multiple chains, simplifying cross-chain transactions. With 1.6 million users across 200+ countries/regions, Owlto is esteemed for its speed and affordability. The funds will advance the AI Intent Interoperability Protocol, enhance Bridge-as-a-Service (OBaaS), and support the Omnichain Liquidity Solution V2. Owlto’s ambitious plans include international expansion, enriching the ambassador network, and strengthening key markets.
3. Paragraph: $5M
Paragraph, an on-chain publishing platform, raised $5 million from Coinbase Ventures, Union Square Ventures, and others. They focus on expanding on-chain publishing capabilities, recently partnering with Mirror to enhance content creation tools through decentralized domains, crowdfunding campaigns, and NFT integration. Paragraph aims to redefine publishing by allowing creators to establish direct relationships with their audience through on-chain technology, offering subscription services and messaging integration. Supported by Coinbase and Base Ecosystem Fund, Paragraph emphasizes seamless Web3 publishing experiences.
4. Agora: $5M
Agora, a cross-chain governance platform, secured $5 million in a seed round led by Haun Ventures, with contributions from Coinbase Ventures, ConsenSys Mesh, and angel investors. The funding will enhance governance solutions for seamless cross-chain voting and management. Agora is trusted by established blockchain projects like Optimism, Nouns, ENS, and Uniswap for their governance needs.
5. Sortium: $4M
Sortium, an entertainment tech company blending AI and Web3, raised over $4 million in funding. Led by Signum Growth, the investment aims to revolutionize game development and digital experiences by incorporating artificial intelligence tools into gaming. Their AI-enabled platform empowers developers while letting users create personalized characters, showcasing the potential of generative AI, blockchain, and dynamic economic systems in gaming and entertainment.
6. GoMining: $3M
GoMining secured $3 million from Bitscale Capital to scale its NFT-based Bitcoin mining operations. The Liquid Bitcoin Hashrate (LBH) protocol spreads the power of actual Bitcoin mining between NFTs representing hash rate ownership. With nine data centers worldwide and a market value of around $135 million, GoMining boasts a combined hashrate of 3.5 million TH/s.
7. DwellFi: $3M
DwellFi secured $3 million in seed funding led by E1 Ventures, aiming to revolutionize asset management with AI, blockchain, and tokenization services. Their SOC-2 certified SaaS platform administers over $200 billion in assets, enhancing operational efficiency and regulatory compliance.
8. Moongate: $2.7M
Moongate raised $2.7 million in a seed round, building a modular Web3 engagement layer for real-world activations. Their decentralized ticketing platform has attracted over 100,000 active users and major clients.
9. BonusBlock: $2.3M
BonusBlock, an on-chain marketplace and white-label solution provider, raised $2.3 million. They offer reliable onboarding of verified users and have engaged over 4 million users across various protocols.
10. Ambient Network: $2M
Ambient Network raised $2 million in a seed round led by Borderless Capital. They aim to streamline environmental data collection using the DePIN model on Solana, addressing global environmental problems with real-time information.
In 2024, Web3 projects such as GoMining, Galaxis, Owlto Finance, and others have received substantial investments, utilizing groundbreaking blockchain and AI technologies. GoMining, notable for its NFT-based Bitcoin mining method, stands out for democratizing cryptocurrency mining access. Picture a future where blockchain projects can self-govern or effortlessly monitor environmental shifts—all propelled by advancements from trailblazing pioneers reshaping Web3, revolutionizing it bit by bit.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Web3 #2024Trends

(Decentralized Physical Infrastructure) Networks, or DePIN, represent a transformative innovation in the crypto and blockchain space. Unlike traditional blockchain applications that primarily focus on digital assets and virtual environments, DePIN extends the benefits of decentralization to physical infrastructure. This approach enables the creation and management of tangible assets and networks in a decentralized manner, driving efficiency, transparency, and innovation.
Understanding DePIN
DePIN leverages blockchain technology to decentralize the ownership, operation, and governance of physical infrastructure. This can include anything from telecommunication, free gpu power, computing network power, decentralzied cloud storage and much more. In simple words, in the world where everything is digital the depin narrative uses physical infrastructure to complete the digital tasks in a dectralzied manner.
Key Benefits of DePIN
1. Enhanced Efficiency: DePIN models can streamline the deployment and maintenance of physical infrastructure by leveraging decentralized networks of contributors and operators. For example a contibutor has free gpu power that is being unused to he provides that to the operator in return for payments through that network, which is mostly in the form of tokens that the network uses.
2. Increased Transparency: The use of blockchain technology ensures that all transactions and operations are recorded immutably. This transparency helps in reducing fraud, improving accountability, and fostering trust among stakeholders. This is the main benefit of depin in crypto since every transaction is going through block that are being recorded by on chain analysts 24/7.
3. Democratized Access: DePIN allows for a broader participation in the ownership and governance of physical assets. This democratization can lead to more equitable access to infrastructure services, especially in underserved or remote areas.
4. Resilience and Sustainability: Decentralized systems are inherently more resilient to failures and attacks. DePIN can also promote sustainable practices by enabling the efficient use of resources and reducing the environmental impact of infrastructure projects.
Notable DePIN Projects
Several innovative projects are leading the charge in the DePIN space, each focusing on different aspects of physical infrastructure:
1. Helium Network: Helium is perhaps the most well-known DePIN project and one of the first pioneers in this narrative. It is a decentralized wireless network that allows individuals to earn cryptocurrency by providing coverage with low-power IoT devices. By incentivizing the deployment of these devices, Helium creates a decentralized and expansive network for IoT communications.
2. $FIL Filecoin: While primarily known as a decentralized storage network, Filecoin also falls under the DePIN category. It incentivizes users to contribute unused storage space, creating a distributed infrastructure for data storage that is cheaper, more reliable, and censorship-resistant compared to traditional cloud storage services.
2b.)$AR Arweave: same as filcoin arweave offers data storage in a decentralzied form describing itself as a “collectively owned hardrive that never forgets”
3.)$RNDR Render Network: Render Network is a decentralized GPU rendering solution that allows users to share and leverage computing power for rendering tasks, often used in graphics and animation projects. It utilizes blockchain technology to distribute rendering jobs across a network of nodes, providing cost-effective and efficient rendering services.
3b.) Akash network: Akash Network is a decentralized cloud computing platform that enables users to buy and sell computing resources. It leverages blockchain technology to provide an open marketplace for cloud services, offering scalable, secure, and cost-effective alternatives to traditional cloud providers.
3c.) Aethir: Aethir is a decentralized cloud infrastructure platform designed specifically for gaming and AI applications. It utilizes blockchain technology to provide scalable, secure, and low-latency computing resources, enabling developers and users to access and deploy computing power more efficiently and cost-effectively.
4.) AIoz network: aioz network leverages all the properties of a depin project, providing content delivery and streaming platform that leverages blockchain technology. It aims to provide more efficient, cost-effective, and scalable content delivery by utilizing a network of distributed nodes, reducing reliance on traditional centralized servers.

The Future of Depin.
The potential applications of DePIN are vast and varied, encompassing numerous sectors and industries. As technology continues to evolve, we can expect to see more innovative projects and use cases emerge. DePIN’s ability to decentralize physical infrastructure promises to reshape how we build, manage, and interact with the essential services that underpin modern society.
In conclusion, DePIN represents a significant advancement in the application of blockchain technology to real-world infrastructure. By fostering efficiency, transparency, and democratized access, DePIN has the potential to revolutionize various industries and create a more resilient and sustainable future. As more projects enter this space, the impact of DePIN will only continue to grow, driving further innovation and adoption in the crypto world.
Which projects should you consider in the depin narrative?
There are multiple value providing projects in this specific sector however choosing one would be really hard, so it is advisable to always diversify your portfolio into multiple depin projects. An even better option would be to chose the projects that also fall under other hot narratives like, AI, Gaming. Some notable projects that fall under these categories are Render, Aethir, GHX. It is always advisable to keep up to date on your favorite projects and development and always do your own research.
#Depin #Bullish #2024Trends
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