The DePIN project has raised over 1 billion US dollars in total
According to the report, the DePIN project has raised over one billion dollars in total, some of which have been fully invested into the DePIN protocol with a total market value reaching tens of billions of dollars. However, this industry faces one of the oldest challenges in the cryptocurrency field: relatively few customers. Analysts point out that DePIN projects with great potential are those where there is a clear and discernible demand for underlying services.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trending news
MoreOn-chain Whale Movements Overview: "Machi" Remains Persistent Despite Repeated Losses, Whale Who "Shorted 66,000 ETH" Accelerates Sell-off
Data: The cryptocurrency market lost $1.1 trillion in market capitalization within 41 days, and the current liquidation scale is 10% lower than the historical peak on October 10.