Decentralized Physical Infrastructure Network (DePIN) Tokens: Rising Stars in the Crypto Market
Tokens supporting the Decentralized Physical Infrastructure Network (DePIN) are gaining traction in the current market, offering incentives for creating and maintaining physical infrastructure on decentralized platforms. Among the DePin coins expected to trend upwards in the coming months are Lumerin (LMR), Destra Network (DSYNC), AIOZ Network (AIOZ), STORX Network (SRX), and STORJ.
Destra Network (DSYNC): Aiming for Double-Digit Profit Surge
Destra Network, known for providing decentralized cloud solutions, has seen a 33% increase in the value of its native token DSYNC over the past seven days. The surge in price is supported by real demand for altcoins, as indicated by the rising Relative Strength Index (RSI), currently at 65.14 and trending upward. If the buying pressure continues, the next price target for DSYNC is $0.36.
Lumerin (LMR): Trading Above Key Moving Averages
Lumerin (LMR), a base layer technology utilizing smart contracts for peer-to-peer data flow control, has witnessed a 28% price increase in the past week. The growing demand for LMR has pushed its price above the 20-day exponential moving average, signaling increasing buying pressure and indicating potential price appreciation up to $0.033.
AIOZ Network (AIOZ): Riding the Upward Channel Trend
The AIOZ network, leveraging global nodes to deliver content efficiently, has seen a 22% price increase for its native token AIOZ in the last week. With an ascending channel trend on the 1-day price chart and a positive market momentum indicated by the Arun indicator, AIOZ might reach $0.63 if it maintains its current uptrend.
STORJ: Flashing Buy Signal for Potential Upside
The native token of the STORJ open-source cloud storage platform has flashed a buy signal, suggesting an undervalued asset based on its Market Value to Realized Value (MVRV) ratios. With potential for an upward trend, STORJ could target $0.50 from its current price of $0.43.
StorX Network (SRX): Achieving New Heights and Preparing for Challenges
The decentralized cloud storage network, StorX, has experienced a 10% price increase in the past week, trading at its highest monthly price of $0.60. With a bullish bias indicated by the positive Elder Ray Index, SRX aims for $0.062 as the next price target if bulls continue to dominate the market.
