New rise for DePIN cryptos
DePIN cryptos are doing quite well at the moment, and it is not a new price increase that will tell us otherwise. Indeed, the day is successful, especially for certain coins in this branch of the crypto sector. AKT, RENDER, THETA… there are many success stories today. Let’s go back in detail to the next movements.
To go further: here are the best DePIN cryptos to watch in 2024.
Akash Network (AKT) posts the largest daily increase in the sector and this seems only natural given the boost the token received from Binance.
Listed by Binance Futures, the asset took off without delay and without warning until it temporarily exceeded $4.50. Although it has fallen back somewhat since then, the asset remains up 12.67% with a trading price of $4.19.
The most beautiful explosion goes to Nosana
At the same time, other DePIN cryptos have seen good price developments. This is notably the case of Nosana, a DePIN project developed on the Solana blockchain. At the time of writing, this is the best performance of the day for a sector in rather good shape this Tuesday. Thus, the native NOS of the Nosana project gained 16.63% while consolidating strongly above $3 ($3.45).
Also above 10%, we find another project which is picking up pace at the moment with Theta Network and its native THETA. The latter had a very good day, with a gain of more than 10.72%. The coin confirms its return to form over a month and is approaching $2. Indeed, because at the time of writing, THETA token is trading at $1.77.
RENDER and AIOZ: a movement that continues
Finally, other assets traded very well on Tuesday, with an increase at less intensity but an increase nonetheless! For RENDER and AIOZ, more than an explosion, it is a confirmation or a continuation. Conquerors in recent days, both are moving forward once again with a respective increase of 5.88% and 6.18%. AIOZ is therefore doing slightly better today but also over 7 days.
The two DePIN cryptos take advantage of this in any case to raise their exchange price with a value of $0.542 for AIOZ and $8 for RENDER. By continuing this pace, RENDER could very well be considered among the cryptocurrencies close to a new ATH. For AIOZ, we are not there yet, but every increase is worth taking.
Moral of the story: what works is always good.
Disclaimer
Disclaimer: In accordance with The Trust Project guidelines, BeInCrypto is committed to providing unbiased and transparent information. This article aims to provide accurate and relevant information. However, we encourage readers to verify the facts on their own and consult a professional before making any decision based on this content.
