Altcoins
Here are the best altcoins for DePin Supercycle
Anticipation is building as crypto analysts predict a decentralized physical infrastructure network (DePin) supercycle. This surge, driven by advances in Web3 and artificial intelligence (AI) technologies, is reminiscent of the rapid adoption of the internet in the early 1990s.
With DePin leading the charge, an era of transformation seems imminent.
What are the best Altcoins for DePin Supercycle?
After Bitcoin hit an all-time high in March, the crypto market has been volatile. Many believe that a supercycle will be imminent once Bitcoin completes its consolidation period.
“A DePin supercycle is upon us. “We are entering a golden age where Web3 projects significantly enhance the growth of Web2 platforms,” said crypto researcher Emperor Osmo. said.
His sentiment is widely shared, with DePin poised to decentralize real-world applications that have been dominated by large companies like Amazon Web Services (AWS), Google Cloud and Cloudflare.
Learn more: What is DePIN (Decentralized Physical Infrastructure Networks)?
Moreover, the DePin market is currently the most active in the AI sector, which is growing exponentially. As AI models become more and more complex, the demand for GPUs has increased.
Therefore, Emperor Osmo believes that projects like io.net (IO) And Aethir (ATH) are essential to capturing significant market share early on. These platforms thrive by replicating the network effects seen in Web2 successes such as Uber and Airbnb.
Cyrille, a Challenge analyst, also talks on the potential for DePin to integrate with AI. He specifically highlights the altcoins poised to make a significant impact during the 2024 altcoin season.
Helium’s MOBILE token tops its list. However, the token has fallen nearly 70% since its March 2024 highs.
Mobile Helium (MOBILE) Price Performance. Source: Trading View
The next ones are OriginTrail TRAC token and The NOS of Nosana token. Both of these are essential to developing infrastructures for trusted knowledge and open source cloud computing markets dedicated to AI, respectively.
Although their smaller market capitalizations suggest volatilitythe fundamental technologies they are pioneering are vital to the DePin ecosystem.
Furthermore, THETA of the Theta network token and the GRT of the graphics protocol token are remarkable.
Theta Network is transforming decentralized video streaming. Meanwhile, The Graph organizes blockchain data to improve accessibility, a key element for developing effective Web3 applications.
Learn more: The Graph (GRT) Price Prediction 2024/2025/2030
Altcoin Daily also has provided a list of DePin altcoins worth watching, including Rendered (RNDR) And Filecoin (FIL)Each of them uniquely contributes to the DePin infrastructure, highlighting the diversity of the sector. These tokens highlight the growing integration of blockchain technology into real-world applications.
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