DePIN Token Ratings
The ratings reflect the mid & long-term potential of each token relative to their market cycle and performance against Bitcoin.
Hi Investor ๐
welcome to aย ๐ premium edition ๐ย of Altcoin Investing Picks, the most actionable crypto newsletter.
Every Thursday, we send actionable tips to help you build a profitable altcoin portfolio.
In case you missed it:
Subscribe to get access to these posts, and every post.
The interest in the AI x Crypto intersection has never been higher - at least by amount raised. This metric rose to more than $213 million for Q3, and was among the highest out of sectors for raises in the quarter:
AI is seeping into other sectors such as Gaming, DeFi, and DePIN.
In particular, DePIN funding grew 691% year over year, signaling impressive investor demand.
DePIN, which stands for Decentralized Physical Infrastructure Networks, enables people to own and operate critical infrastructure like telecom networks, energy grids, transportation systems, and data storage.
DePIN Ratings
With strong incentives and rewards for participants, DePIN projects are gaining serious momentum and have reached a combined market capitalization of 26 billion of dollars according to Messari.
Here is the DePIN ecosystem grouped by network:
Ethereum (~37%)
BNB Chain (~16%)
Polygon (~15%)
Solana (~15%)
Osmosis (~15%)
Internet Computer (~15%)
Arbitrum (~14%)
Filecoin (~8%)
And here are the top Physical Infrastructure Networks by market cap:
Filecoin ($FIL)
Helium ($HNT)
Arweave ($AR)
Siacoin ($SC)
Hivemapper ($HONEY)
These are just a few names from the growing DePIN ecosystem.
Keep reading to unlock our full DePIN token list.
The ratings reflect the mid & long-term potential of each token relative to their market cycle and performance against Bitcoin.
The rating scale is as follows:
โ Buy:ย We expect this token to outperform the sector.
โ Hold:ย We expect this token to perform in line with the the sector.
โ Sell:ย We expect this token to underperform the sector
โ
BUY
We expect these tokens to outperform the sector:
๐ขย Arweave