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As decentralized physical infrastructure remains a major crypto trend, explore the best DePIN altcoins from this mega hot market narrative – and discover how it can supercharge your portfolio in 2024.
DePIN is a hot crypto narrative right now. It stands for ‘Decentralized Physical Infrastructure Networks’.
These decentralized applications (DApps) use tokens to incentivize people to provide services via real-world physical infrastructure and machines.
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The gold standard of DePIN projects that everyone will have heard of is Filecoin (FIL) – available on all tier 1 exchanges including Binance and Coinbase. Filecoin’s promising file-storage ecosystem has a market cap of over $3Bn.
Today, we will look at 3 huge DePIN altcoins that have announced a token but haven’t yet launched, giving retail investors a chance to get-in early on these upcoming gems.
Best DePIN Crypto #3 – Peaq – Layer 1 Blockchain
Peaq is an omnichain Layer 1 blockchain designed specifically for the DePIN sector and machine real world assets (RWAs), attaching two of this bull run hottest narratives to their project.
They aim to scale beyond 100,000 transactions per second (TPS) with extremely low transaction costs.
Peaq will support many different coding languages, making it easy for teams to build on Peaq.
As per their documentation, this flexibility will empower builders to create and deploy DePIN and DApps easily, using a range of ready-to-use, modular DePIN functions provided by the Peaq SDK.
Recently, the team has successfully completed a $15m seed round, with the likes of BorderlessCap leading the charge.
This level of seed round from such big VCs further goes to show the hype and expectation created by Peaq.
The Peaq token isn’t released yet, which means just by reading this, you are still early – follow them on X for updates on the token launch. It is slated to release during Q2 2024.
There are rumours that upon launch they will head straight to a number of large CEXs, with Bybit named as one potential home for Peaq and there is a good chance of a future Binance and/or Coinbase listing post launch.
Best DePIN Crypto #2 -Natix – Real World Mapping Altcoin
Natix is leading the new wave of drive to earn. You can download the Natix app on your phone, enable your camera, and you are off, earning rewards just for driving.
The Natix DApp creates a dynamic map of the real world, enabling users to collect this data without a cost to the users.
The data you collect is then monetized by Natix and you earn rewards.
Natix will appeal to the non-crypto audience as is it will be a great way to earn passive income for people who already drive a lot.
Taxi drivers, truck/lorry drivers and delivery drivers are just a few sectors that will be onboarded in huge numbers.
They’re already live on app stores and users don’t ever have to engage with the crypto side if they don’t want to.
This flexibility means adoption will be much easier for everyone.
This is a multi-billion dollar market, so there is huge potential for projects like Natix to succeed this bull run.
It’s also building on Peaq, which I think has a strong future as a Layer 1.
Interestingly, this altcoin will be launched on Peaq, which goes to show the demand for a DePIN focused Layer 1.
Natix haven’t released their token yet but there is a good chance that by using the app you will likely benefit in some way once the token is launched.
They have announced that the token will be coming Q2 2024 and this is sure to be a DePIN altcoin you don’t want to miss.
So, follow them on X to get all the latest updates from the team.
Best DePIN Crypto #1 – eTukTuk – Sustainable DePIN Altcoin
eTukTuk are blending DePIN with sustainability by electrifying tuk-tuk transportation, with plans to start this initiative in Sri Lanka, one of the homes of the tuk-tuk.
The long term vision is to overhaul these iconic tuk-tuks into electric versions while also creating solar-powered charging stations for these new electric tuk-tuks.
Also on the roadmap are plans for an AI powered mapping DApp and even plans for a play-to-earn (P2E) game, made in the Crazy Taxi style.
There is a huge demand for more green, sustainable crypto projects and eTukTuk aims to be a market leader in this space.
The demand is evidenced by the ongoing presale for eTukTuks native token, TUK.
As of today, they have raised over $3m from investors ahead of the planned launch later this year.
eTukTuk has also featured in many publications, such as on the Binance academy platform and Yahoo News to name a few.
The presale is currently still open and can be found here and it is incredibly easy to invest, by offering multiple payment options such as BNB, USDT and even fiat bank card.
Another very bullish feature of this presale is that once you have purchased your TUK, you can stake them for a return of 90% APY.
So, while you wait for the team to launch, you can sit back and watch your investment grow before the token even hits the open market.
RELATED: 99BTC Presale Launches – Here’s Why Big Money Investors Are All In On This Learn-To-Earn Token
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
