Latest DePIN Funding News

Filecoin (FIL) has recently experienced a significant price surge, breaking above both the 20-day and 50-day exponential moving averages (EMAs) for the first time since August. This bullish trend has been fueled by strong spot flows and upcoming catalysts such as the Dev Summit and DePIN Day, as FIL approaches the critical 200-day EMA level at $2.43. A close above this level would confirm a breakout, potentially opening the door for further gains towards the $2.80 to $3.00 range, while maintaining critical support at $1.90. The price of Filecoin has skyrocketed from lows of $1.30 to around $2.30 in less than 48 hours, indicating a robust bullish sentiment among traders. The rapid price movement was characterized by aggressive short covering, as evidenced by the spike in trading volumes across spot markets. As FIL broke through key resistance levels, buyers capitalized on the momentum, positioning themselves ahead of significant ecosystem events scheduled for November. The current market dynamics suggest a shift from passive accumulation to more aggressive buying strategies as demand for decentralized storage solutions continues to rise. Looking ahead, the outlook for Filecoin appears optimistic, with the potential for further upward movement if the price can maintain above the critical support zone. A daily close above $2.43 would signal a full breakout, allowing for targets of $2.80 and $3.00 to come into play. Conversely, failure to hold above $1.90 could invalidate the recent bullish trend, pushing FIL back into its previous consolidation range. As the market evolves, the focus will be on whether buyers can defend the new support levels and break the long-standing trendline that has constrained price movements throughout the year.

The cryptocurrency market has recently witnessed notable price surges among several altcoins, particularly Zcash, Dash, Internet Computer (ICP), and Filecoin. Zcash (ZEC) has skyrocketed from below $50 in October to an impressive $650, largely driven by the launch of a Grayscale fund that now holds over $150 million in assets. This surge reflects a growing interest in privacy-focused cryptocurrencies, with notable investors like Arthur Hayes predicting that Zcash could potentially exceed $100,000 in the current market cycle. Additionally, the increase in shielded transactions indicates a rising demand for Zcash in private transactions, further solidifying its position in the market. Similarly, Dash (DASH) has experienced a remarkable increase, rising from $19 to $150 in recent weeks. This growth is closely linked to the momentum generated by Zcash, as both tokens cater to the privacy coin sector. The heightened interest in Dash's privacy features has attracted more investors, contributing to a broader shift towards cryptocurrencies that prioritize user privacy. This trend highlights the expanding market for altcoins that offer robust privacy solutions, as more investors seek alternatives to traditional cryptocurrencies. Internet Computer (ICP) has also seen a significant price jump, climbing from below $2 to $9 following the launch of its new AI platform, Caffeine. This development has sparked optimism regarding ICP's potential in the AI landscape, especially as the token is perceived to have been undervalued after a previous decline. Meanwhile, Filecoin (FIL) has risen from $1.31 to $2.3, driven by investor interest and anticipation for its upcoming DePIN Day event. The collaboration with SingularityNET, a prominent AI platform, has further enhanced Filecoin's appeal, attracting attention from investors eager to capitalize on the growing intersection of AI and blockchain technology. Overall, these altcoins are gaining traction due to both technological advancements and heightened investor enthusiasm.

Arweave (AR) has experienced a remarkable 25.5% price rally in the past 24 hours, significantly outperforming the broader cryptocurrency market and its peers within the Decentralised Physical Infrastructure Networks (DePIN) sector. This surge is attributed to a renewed interest in decentralised storage solutions, particularly following recent outages experienced by major cloud providers like AWS and Microsoft. As traders position themselves for a potential long-term breakout, the DePIN sector has seen a notable increase of 10.93%, with Arweave and Filecoin leading the charge, posting impressive weekly gains of 37.9% and 51.8%, respectively. This shift highlights the growing recognition of the risks associated with centralised storage systems and the advantages of Arweave's permanent storage model, which offers a censorship-resistant and immutable data layer. The recent Arweave Day Asia event has further fueled optimism around the AR price, showcasing the AO decentralised computing framework and introducing innovative tools such as “DevBot,” which enables the deployment of AI-generated decentralised applications on Arweave's network. This event has generated excitement among developers and investors alike, reinforcing Arweave's image as a versatile ecosystem. The demonstrations of dApp creation and network upgrades aimed at lowering barriers to decentralised development have attracted more developers interested in building AI-assisted applications that can live permanently on the Arweave network. This growing interest has contributed to sustained bullish sentiment, allowing AR to extend its gains despite a broader market slowdown. From a technical perspective, Arweave's price has broken through key resistance levels, indicating a bullish momentum. After surpassing the 23.6% Fibonacci retracement at $5.03 and the 30-day simple moving average at $4.22, AR now targets the next resistance level at $6.31. Analysts suggest that maintaining a price above $4.82 is crucial for sustaining this bullish structure, with potential targets ranging from $25.31 to $28.17 in the short term. Long-term projections remain optimistic, with forecasts suggesting that if market conditions align, AR could reach as high as $61.97 to $71.46. However, sustaining momentum within the $5.03–$6.31 range is critical as overall crypto liquidity declines.

The cryptocurrency market has displayed a mixed performance recently, according to data from SoSoValue. The DePIN sector experienced a notable increase of 10.93% in the last 24 hours, driven primarily by significant gains in Filecoin (FIL) and Arweave (AR), which surged by 51.83% and 37.92%, respectively. However, the leading cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) faced declines, with BTC dropping 1.63% to fall below $102,000 and ETH retreating 2.37% to around $3,300. Other sectors also showed varied results, with AI gaining 6.01%, largely due to the impressive performance of DeAgentAI (AIA), which skyrocketed by 439.98% in the same timeframe. In addition to the AI sector, the Layer 2 sector saw a modest rise of 0.82%, with Stacks (STX) gaining 5.37%. Conversely, the CeFi sector experienced a slight decline of 0.14%, although Mantle (MNT) managed to rise by 2.12%. The Layer 1 sector also fell by 0.34%, but Zcash (ZEC) and Internet Computer (ICP) continued their upward trends, rising by 15.73% and 18.72%, respectively. The Meme sector faced a downturn of 1.78%, with Giggle Fund (GIGGLE) experiencing a significant drop of 14.54% after prior gains. Meanwhile, the DeFi sector fell by 2.04%, although MYX Finance (MYX) stood out with a rise of 22.94%. The PayFi sector, which had previously led gains, saw a pullback of 4.01% in the last 24 hours, while Dash (DASH) bucked the trend by increasing 15.74%. The performance of various crypto sector indices reflects these trends, with the ssiDePIN, ssiSocialFi, and ssiLayer2 indices rising by 13.57%, 1.52%, and 1.40%, respectively, indicating a mixed but dynamic landscape in the cryptocurrency market.

In recent weeks, Bittensor ($TAO) has experienced a staggering price surge of 350%, reaching $500. However, this rapid ascent has been met with a 30% correction, raising concerns among investors ahead of the anticipated halving event on December 10. Questions regarding whether $TAO is overbought and if there are more lucrative opportunities in the market are becoming increasingly prevalent. As Bittensor faces technical exhaustion and macroeconomic pressures, analysts are closely monitoring its short-term support levels, especially as the price approaches the 200-day moving average and the RSI indicates oversold conditions. While Bittensor navigates these challenges, Digitap ($TAP) is emerging as a compelling alternative in the altcoin space. Positioned as an omni-bank platform, Digitap integrates traditional banking with blockchain technology, offering a seamless experience for users. The project has gained significant traction in its crypto presale, raising over $1.3 million and selling more than 89 million $TAP tokens. With a presale price of $0.0268 and expectations for future price increases, Digitap's tokenomics emphasize a deflationary model, allocating 44% of the total supply for presale and incorporating staking rewards to incentivize long-term investment. As the crypto landscape evolves, the comparison between Bittensor and Digitap becomes crucial. Bittensor's decentralized protocol focuses on AI peer-to-peer transactions, but its recent volatility raises concerns about its sustainability. Conversely, Digitap's innovative approach to merging traditional finance with blockchain positions it as a safer investment option. With the ongoing AI bubble showing signs of strain, Digitap's foundation in a pressing market need for comprehensive payment solutions may provide a more attractive risk-to-reward ratio for investors looking to navigate the shifting dynamics of the crypto market.

Blockmate Ventures Inc. has announced a significant expansion of its Bitcoin treasury division with the acquisition of an additional Bitcoin, bringing its total holdings to three. This acquisition was funded from the company's existing cash reserves, highlighting Blockmate's strategic belief in Bitcoin as a vital asset for companies aiming to preserve value and manage risks. The company anticipates that as Bitcoin prices fluctuate, its subsidiaries could enhance profitability by leveraging their capital more effectively, particularly in a rapidly changing market. In addition to its treasury expansion, Blockmate's subsidiary, Blockmate Mining, is making strides towards launching its mining operations. The company has secured a site in Wyoming with a capacity of 200 MW, suitable for either AI or Bitcoin mining. Currently, negotiations are underway to secure low-cost power and infrastructure, as well as potential partnerships for the site. Furthermore, Blockmate is reviewing additional sites for future mining operations, with updates expected to be shared via the TSX Venture Exchange. Meanwhile, Hivello, another venture under Blockmate, continues to lead in the decentralized physical infrastructure networks (DePIN) sector. The platform has made significant progress by listing its $HVLO token on the BingX exchange, enhancing its liquidity and fiat on-ramps. Hivello has integrated 11 DePIN protocols and has successfully removed over 19 million $HVLO tokens from circulation through a buy-and-burn strategy. With a growing user base and the ability to earn passive income, Hivello is well-positioned in a market that currently boasts a $14 billion cap, further solidifying Blockmate's diverse portfolio in the blockchain and Web3 space.

In the rapidly evolving world of cryptocurrency, attention shifts quickly among various tokens. This week, several projects including BlockchainFX, Dash, Nubila Network, and others have gained significant traction in social discussions across platforms. Notably, BlockchainFX is emerging as a frontrunner with its presale generating over $10.8 million from more than 16,800 early buyers. The project aims to create a comprehensive trading platform that integrates crypto, stocks, and forex, allowing users to maintain custody of their assets. Its unique BFX staking rewards and the BFX Visa Card are key features that enhance its appeal, positioning it as a strong contender in the market. Dash is also trending due to its efficiency in facilitating fast and low-cost transactions, making it particularly attractive in regions with limited financial access. As discussions around merchant adoption grow, Dash remains relevant despite stable price movements. Meanwhile, Nubila Network is gaining attention for its decentralized environmental data oracle system, which integrates weather data into decentralized finance (DeFi) and prediction markets. This intersection of blockchain, AI, and climate analytics is drawing new investors, highlighting the project's innovative approach. Other notable mentions include Marina Protocol, which is revolutionizing Web3 marketing engagement through transparent and verifiable strategies, and ChainOpera AI, which focuses on decentralized AI networks. Avalon Labs is working to transform Bitcoin into a yield-generating asset, while Ethereum and Solana continue to dominate discussions due to their ongoing developments and ecosystem growth. XRP remains central to conversations around cross-border payments, and the Official Trump token thrives on cultural resonance. Overall, BlockchainFX stands out as the most compelling opportunity for early investors this week, with its presale offering significant potential upside.

This week, European regulators have intensified their efforts to centralize cryptocurrency oversight, with the European Securities and Markets Authority (ESMA) aiming to gain direct control over exchanges and service providers. This move comes in light of the ongoing fragmentation within the Markets in Crypto-Assets (MiCA) framework across the 27 EU member states, which has led to inconsistent licensing and regulatory challenges. While some policy experts believe that a centralized approach could enhance cybersecurity and streamline licensing processes, others caution that it may stifle innovation, particularly within the crypto and fintech sectors. In parallel, the decentralized finance (DeFi) space is facing scrutiny, with researchers revealing over $280 million in exposure linked to the collapse of Stream Finance, which paused withdrawals after incurring a $93 million loss. In the realm of artificial intelligence (AI) and cryptocurrency, DeepSnitch AI has emerged as a standout project, boasting significant potential for growth. The platform, which has quickly surpassed $490,000 in presale funding at a price of $0.02157, features five specialized AI agents designed to tackle issues such as rug pulls and whale tracking. With its commitment to security, evidenced by successful audits from Coinsult and SolidProof, DeepSnitch AI aims to provide reliable tools for traders navigating the complexities of the crypto market. As the presale continues, early backers have already seen substantial gains, and the project is poised for further momentum, especially with the anticipated altcoin season. In contrast, established projects like Bittensor and Internet Computer are also making headlines. Bittensor recently experienced a price surge following the launch of Europe’s first staked TAO exchange-traded product (ETP), but analysts predict potential consolidation in the near term. Meanwhile, Internet Computer is gradually recovering from a dip, with projections suggesting it could reach $7 by the end of 2025. However, the significant market capitalizations of these projects may limit their percentage gains compared to emerging players like DeepSnitch AI, which offers a unique opportunity for investors seeking high-risk, high-reward scenarios in the evolving landscape of AI-driven cryptocurrencies.

The recent price movements of Filecoin (FIL) and ZCash (ZEC) have sparked renewed discussions in the cryptocurrency community regarding which assets will shape the future of the market. Filecoin's cautious price stability suggests a maturing storage economy, while ZCash's impressive rally has reignited interest in privacy as a fundamental digital right. However, both assets highlight a significant concern within the industry: trust remains the most valuable currency in crypto. As anonymity can lead to risks, the question arises: what will underpin the next era of value in the blockchain space? This inquiry naturally leads to the emergence of BlockDAG (BDAG), which is being touted as the “Gold Standard of Trust.” Unlike traditional cryptocurrencies, BlockDAG aims to address the identity crisis in Web3 by focusing on verifiable identity, transparency, and security. With a projected price of $25, the project is backed by a credible team, including CEO Antony Turner and renowned computer scientist Dr. Maurice Herlihy, alongside dual audits from CertiK and Halborn. This “Trinity of Trust” framework aims to mitigate the risks associated with on-chain transactions, making BlockDAG a strong contender for real-world adoption in the crypto landscape. The contrasting performances of Filecoin and ZCash illustrate the evolving maturity of the cryptocurrency market. Filecoin's recent price action reflects a cautious approach to decentralized storage, while ZCash's surge emphasizes the growing importance of privacy in the digital economy. As users increasingly demand trust in how their data is managed and identities are secured, BlockDAG's focus on transparency and verifiable audits positions it as a leading candidate for the next phase of blockchain utility. In a market often driven by speculation, BlockDAG's commitment to building a trustworthy ecosystem could redefine the standards for future cryptocurrency projects.

The WeatherXM NFT presale has officially launched, introducing the Beaver Collection, which aims to revolutionize decentralized weather intelligence. Each NFT represents a quarter of a real weather station, providing funding for the installation of weather stations in areas that lack reliable data. This initiative not only empowers the community to contribute to climate resilience but also ensures that local farmers, schools, and cities receive accurate weather information. The Targeted Rollouts program channels community funding into critical gaps in global weather coverage, replacing unreliable forecasts with real-time data. The presale is designed to be inclusive, allowing supporters to mint NFTs directly on the Base network without any technical expertise. Each NFT purchase contributes to the deployment of weather stations, with rewards structured to benefit both NFT holders and Deployers. The rewards are split 75% to NFT holders and 25% to Deployers, incentivizing participation in the initiative. Additionally, there are options for staking the NFTs, which can yield returns of up to 12%, further encouraging community involvement in expanding the weather network. The WeatherXM initiative is not just about digital art; it represents a tangible investment in climate infrastructure. By minting a Beaver NFT, supporters are directly contributing to the deployment of weather stations that will provide essential data for communities in need. The program has already seen success in various countries, demonstrating its potential to improve disaster preparedness and agricultural planning. As the presale continues, WeatherXM aims to build a transparent and community-owned climate network, fostering resilience against climate change through localized data collection.