Cryptocurrencies

Analysts highlight top altcoins for DePin Supercycle

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Crypto analysts are optimistic about a forthcoming DePin supercycle driven by advancements in Web3 and AI technologies, drawing parallels to the early Internet boom.

Key altcoins expected to thrive in this decentralised physical infrastructure network include io.net (CRYPTO:IO), Aethir (CRYPTO:ATH), MOBILE (CRYPTO:MOBILE, OriginTrail (CRYPTO:TRAC), Nosana (CRYPTO:NOS), Theta Network (CRYPTO:THETA), The Graph (CRYPTO:GRT), Render (CRYPTO:RNDR), and Filecoin (CRYPTO:FIL).

These projects aim to decentralise real-world applications currently dominated by major tech firms like AWS and Google Cloud, positioning themselves at the forefront of a transformative era in digital infrastructure.

The DePin market, particularly active in AI, emphasises platforms like io.net and Aethir for their potential to capture significant market share early on by leveraging network effects similar to Web2 successes.

Analysts also highlight tokens like MOBILE, TRAC, NOS, THETA, GRT, RNDR, and FIL for their specialised roles in revolutionising decentralised services and enhancing blockchain accessibility for Web3 applications.

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