Latest DePIN Token Launch News

DTX Exchange (DTX) Predicted to Soar by 90x in 2024, Outshining Ethereum and Solana. The presale star has already brought early buyers a 100% return, with experts forecasting a rise to $0.06 in Stage 3. DTX Exchange offers a hybrid trading model, fast transaction speeds, and a wide range of asset classes. The utility token provides benefits like better analytics tools and lower trading fees. With a smaller market cap and entry into the bonds market, DTX Exchange stands out as a promising investment opportunity.

TADA Mini: Revolutionary Ride-Hailing Service Utilizing Telegram Bots, MVL to Host Special Airdrop Event. TADA mini, the first real-world utility service for the Web3 world, allows users to book rides directly through Telegram. By linking TADA's drivers with Telegram's users, seamless real-time communication is enabled. The service, set to launch in early September in Singapore, will also provide transportation for Token 2049. MVL is hosting a referral event for Web3 users, offering 50 million MVL tokens as rewards. Following the Singapore launch, MVL plans to expand the service to other countries.

Only 3% of PumpFun traders have made over $1,000 in profits, while more than 60% have lost money. DEXScreener is earning over $1 million in weekly fees from meme token traders. TRX posts an 18% weekly gain driven by the Sun Pump token launchpad. Balaji Srinivasan aims to establish a 'Network State' through a pop-up city in Singapore. Runes dominate Bitcoin on-chain activity, Xai partners with Gauntlet, and Aethir powers smart TV gaming with DePIN infrastructure.

Network3, the DePIN-Edge AI protocol, has successfully sold out its first batch of physical mining devices, N3 Edge V1, within an hour after launch. The sale went live on August 20 at 10 am PST and was met with an extremely high demand from users. N3 Edge V1 is a dual mining machine that can mine Network3’s native token and IoTeX tokens. The physical mining machine enables users to boost their Network3 rewards by mining two types of tokens. These devices integrate IoTeX’s infrastructure like the decentralized W3bstream and ioID to provide device identity and DePIN verification, leveraging IoTeX’s advanced ZK and off chain computing technology with its modularity tech stack. The N3 Edge is more powerful than other personal devices that people use for mining tokens. Additionally, it is lightweight and has high processing power, helping users to efficiently and seamlessly mint two tokens. Most importantly, N3 Edge is very easy to set up. Users have to connect to a power source, connect the device to the internet, login, and start mining. Network3 aims to democratize the AI industry by decentralized model training and data processing in exchange for tokenized rewards. The successful launch of Network3’s dual mining machine, N3 Edge, is a step forward towards realizing a more equitable and decentralized future.

Top DePIN Cryptocurrencies for 2024 include PlayDoge, Render, BitTorrent, Filecoin, Theta Network, MultiversX, Ocean Protocol, Livepeer, Storj, and World Mobile Token. These projects offer decentralized real-world infrastructure ecosystems like GPU rendering, cloud storage, and internet access. PlayDoge stands out with its P2E game and meme appeal, while Render provides peer-to-peer GPU rendering services. The DePIN sector is expected to grow as more users participate, making these coins potentially lucrative investments.

Top DePIN Tokens with Promising Growth Potential for Investment Portfolio include FOAM, Sentinel, Jackal Protocol, Dimitra, and MVL. FOAM leads in decentralized geospatial data management, with a 25.5% price surge. Sentinel offers decentralized VPN services, showing an 8.2% value increase. Jackal Protocol focuses on decentralized data storage, with a 7.7% price growth. Dimitra supports small-scale farmers using blockchain and AI, with a 7.8% token price rise. MVL targets automotive and transportation industries, with a 6.6% price increase.

Aethir token (ATH) experiences a 35% surge after being listed on South Korea's top exchanges, Upbit and Bithumb. The token, known for its applications in AI and gaming, solidifies its presence in the market. With a strong market debut and trading incentives, Aethir aims for new highs amidst sector growth. Despite the revenue success and increased open interest, caution is advised as no DePin project has proven long-term viability yet. The surge in open interest and trading volume indicates a volatile market environment for Aethir.

BlockDAG's X1 mining app has surged to 100,000 users, raising over $65.6 million in its presale. Filecoin and Bitcoin Cash holders are closely monitoring the project as it outperforms major coins in the market. Filecoin faces challenges after a significant drop post-March correction, while Bitcoin Cash shows mixed sentiment with a potential 15% rise. BlockDAG's X1 app has turned smartphones into mining devices, attracting high investor interest and achieving a 1600% price surge. With a promising future and innovative technology, BlockDAG is set to deliver substantial returns, making it a top choice for investors seeking groundbreaking projects.

OKX, a leading cryptocurrency exchange, has integrated the DePIN modular platform from IoTeX into its wallet, allowing users to manage IoTeX L1 chain assets and interact with on-chain apps. With over 50 million wallet users, this integration is expected to significantly boost traffic to the IoTeX ecosystem and DePIN. Following the upgrade to IoTeX 2.0, the ecosystem has expanded through modular infrastructure. A strategic alliance with TON aims to bring 950 million TG users to DePIN, while a collaboration with Filecoin further elaborates on the modular integration strategy. IoTeX's CEO emphasizes the importance of modularization for large-scale adoption and building an open, cross-ecological DePIN ecosystem that bridges the real world with Web3.

Lava Network has launched its public mainnet with $2 million in incentive pools from supported ecosystems, attracting high-quality infrastructure providers like Google Cloud. The mainnet debut features the community-first launch of the LAVA token, aiming to increase decentralization and participation. With support from Filecoin Network, Starknet Foundation, and Cosmos Hub, Lava Network focuses on providing quality nodes to boost interoperability and network reliance. Illia Polosukhin, Co-Founder of NEAR Protocol, praised Lava Network for decentralizing the NEAR RPC layer and improving the experience for developers and users.