Coin Gabbar welcomes you all in our weekly series of best tokens to buy. In this article, we will discuss the best DePIN (Decentralized Physical Infrastructure Networks) tokens to buy which have a high potential to transform your crypto portfolio after the Bitcoin Halving Event. These networks utilize blockchain technology to enable decentralized management and coordination of physical infrastructure, allowing users to contribute and earn rewards for their participation in maintaining and operating physical assets like sensors, network nodes, or hardware. The Top DePIN Tokens we will discuss today include Node AI, Arweave, Aleph.im, and Octaspace.
$GPU (Node AI)
$GPU is the utility token of Node AI. Node AI is an extraordinary decentralized platform engineered to streamline access to GPU and AI resources. It empowers users to engage, contribute and derive benefits from the rapidly advancing domain of Artificial Intelligence. Node AI harnesses the power of blockchain technology to foster a transparent and secure environment, allowing participants to interact in myriad roles.
The $GPU token is primarily used for two purposes - Users spend $GPU tokens to rent GPU computing power for various tasks, such as AI or data processing. Additionally, nodes that provide these computing resources earn $GPU tokens as rewards, creating a mutually beneficial ecosystem.
This Token has a Market Cap of $140,858,265 and currently trading at $1.41 which is around 3776.6% rise from its all time low of $0.03722 (Feb 22, 2024). The Token also reached its all time high of $2.85 on Apr 02, 2024. Hence as it shows a good rise it can be a great investment option.
$AR (Arweave)
$AR is the native token of Arweave. Arweave is a decentralized data storage solution that ensures data remains easily accessible indefinitely. It operates on the concept of the “permaweb,” which is a permanent decentralized web hosting various community-driven applications and platforms. Unlike traditional blockchains, Arweave’s block weave technology weaves blocks together, creating an interconnected tapestry of data
The AR Token is used primarily to pay for data storage on the network. Users pay a one-time fee in AR tokens to store data permanently. Additionally, AR tokens are used for token transfers and to reward miners who maintain the network, incentivizing them to keep the system running smoothly.
This Token has a Market Cap of $2,297,701,676 and currently trading at $35.16 which is around 11623.9% rise from its all time low of $0.2988 (Jan 31, 2020). The Token also reached its all time high of $89.24 on Nov 05, 2021.
$ALEPH
$ALEPH is a native token of Aleph.im is a cryptocurrency that positions itself as a decentralized alternative to services like Amazon Web Services (AWS) or a “Web3 backend.” Its core purpose is to provide cloud database, computing, and file storage solutions for decentralized applications (dApps) and protocols. By removing centralized infrastructure dependencies, Aleph.im contributes to the growth of the Web3 ecosystem.
The $ALEPH token is central to the Aleph.im ecosystem, serving two primary purposes. First, users can stake ALEPH as collateral to help secure the network and earn rewards for their participation. Second, ALEPH tokens are used as rewards for running nodes and to access cloud services like data storage and computing within the decentralized platform.
This Token has a Market Cap of $55,080,336 and currently trading at $0.296 which is around 4680.2% rise from its all time low of $0.8758 (Sep 27, 2020). The Token also reached its all-time high of $89.24 on Jan 20, 2022.
$OCTA
$OCTA is a native token of OctaSpace. It is a decentralized cloud computing platform built on blockchain technology. It allows individuals and businesses to rent out their unused computing resources in exchange for cryptocurrency payments, creating a more cost-effective and sustainable alternative to traditional cloud computing services
The token has several uses. First, users can spend OCTA to acquire cloud resources like computing power or storage within the OctaSpace ecosystem. Second, users can stake OCTA to participate in network consensus and earn rewards. Finally, OCTA allows users to join special events or activities organized by OctaSpace, providing additional utility and engagement opportunities.
This Token has a Market Cap of $39,756,663 and currently trading at $1.34 which is around 1009.8% rise from its all time low of $0.1205 (Apr 05, 2023). The Token also reached its all-time high of $1.72 on Mar 10, 2024.
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