**Top 5 DePIN Coins to Watch in June 2024 🚀**
Decentralized Physical Infrastructure Networks (DePIN) are transforming the digital landscape. These projects decentralize internet infrastructure, presenting vast growth potential. Here are five promising DePIN coins to consider for your portfolio:
1. **Render (RNDR)**
- **🌐 Project:** Connects artists with unused computer processing power for 3D rendering via blockchain.
- **💰 Market Cap:** $3.8 billion (31st largest cryptocurrency)
- **📊 Current Price:** $10.01
- **📈 Resistance Levels:** $10.78, $11.30, $13.99
- **📉 Support Levels:** $9.03, $8.26, $5.28
2. **Phala (PHA)**
- **🌐 Project:** Provides blockchain-based cloud computing with a focus on privacy through advanced cryptography.
- **💰 Market Cap:** $134.8 million (398th largest crypto)
- **📊 Current Price:** $0.1857
3. **Nosana (NOS)**
- **🌐 Project:** Connects projects needing computational power with individuals with spare CPU capacity, built on Solana.
- **🗝️ Key Support:** EMA 100D
- **📊 Potential Signal:** Breakout below 200 EMA
4. **JasmyCoin (JASMY)**
- **🌐 Project:** Cryptocurrency for the Jasmy ecosystem, focusing on IoT and user data control.
- **💰 Market Cap:** $1.7 billion (68th largest crypto)
- **📊 Current Price:** Overbought condition after 100% gain
- **📉 Anticipated Correction:** $0.027 - $0.030
5. **Golem (GLM)**
- **🌐 Project:** Decentralized marketplace for computational power, connecting users needing extra power with providers.
- **📊 Current Price:** $0.49
- **📉 Support Levels:** $0.47, $0.45, $0.40
- **📈 Resistance Levels:** $0.60, $1
These DePIN coins each offer unique solutions to decentralized infrastructure, making them exciting opportunities for growth and innovation in your portfolio.
#DePIN. #altcoins #BlackRock #ETHETFsApproved
**Sources:**
- Market data and technical analysis provided by industry experts.