DePIN is an extremely underrated narrative of 2024.
DePIN low-caps are already generating 10-100x and show no signs of stopping.
I've discovered 5 low-caps with significant potential: 🧵👇
❖ What is DePIN? DePIN: Emerging technology incentivizing users to deploy hardware devices through token rewards, enabling access to real-world goods, services, or digital resources.
❖ DePIN: Rapidly gaining market attention with robust growth momentum. The total market cap exceeds $12 billion, showcasing an impressive year-to-date growth rate of 42%.
➧ DePIN still remains under the radar, holding immense potential for further growth.
❖ @aleph_im | $ALEPH
➧ Aleph im: Open-source off-chain P2P network with decentralized volumes, blockchain indexing, and a decentralized identity framework.
➧ Bridges to Ethereum, Tezos, Solana, allowing smart contracts access to resources hosted on Aleph.
$ALEPH key metrics:
➧ Market cap: $53M
➧ Price: $0.2883
➧ All time high: $0.8758
➧ Contract: 0x27702a26126e0b3702af63ee09ac4d1a084ef628
❖ @GEODNET_ | $GEOD
➧ GEODNET is a community-based network that allows everyone to contribute and benefit from the world's number one decentralized GNSS network.
➧ You can mine GEOD tokens without requiring high-power CPU or GPU intensive equipment.
❖ $GEOD key metrics:
➧ Market cap: $10M
➧ Price: $0.193
➧ All time high: $0.8758
➧ Contract: 0xac0f66379a6d7801d7726d5a943356a172549adb
❖ @streamr | $DATA
➧ Streamr powers real-time data infrastructure for Web3. It implements a vendor-neutral, scalable, and permissionless publish/subscribe protocol.
➧ Streamr is complemented by Ethereum, Gnosis, and Polygon blockchains for identity, security, and payments.
❖ $DATA A key metrics:
➧ Market cap: $37M
➧ Price: $0.04847
➧ All time high: $0.21
➧ Contract: 0x8f693ca8d21b157107184d29d398a8d082b38b76
❖ @PhalaNetwork | $PHA
➧ Phala Network is revolutionizing Web3 by offering dApp developers a decentralized and trustless off-chain compute infrastructure.
❖ $PHA key metrics:
➧ Market cap: $66M
➧ Price: $0.104
➧ All time high: $1.39
➧ Contract: 0x6c5ba91642f10282b576d91922ae6448c9d52f4e
❖ @wifimapapp | $WIFI
➧ WiFi Map is an all-in-one app that provides a variety of incredible features to keep you connected no matter where you are in the world. Is it the future? Absolutely yes.
❖ $WIFI key metrics:
➧ Market cap: $30M
➧ Price: $0.1104
➧ All time high: $0.5
➧ Contract: 0xe238ecb42c424e877652ad82d8a939183a04c35f
