TrendX Research Institute Project Selection | The DePIN Narrative is Worth Noting

Author: TrendX Research Institute

This article is the text version of the weekly project selection from TrendX Research Institute. The time span for this week's selection is from December 1 to December 15, covering a total of 9 projects.

HiveMapper

Basic Information:

Twitter Followers: 22,600

Top KOL Followers: 55

Asset Whale Followers: 11

NFT Whale Followers: 21

Voting Heat: 23.58 million votes

Introduction: Hivemapper is a decentralized, continuously updated map built by people using dash cams. This new map economy represents a fundamental shift in how people build maps and ownership, sharing economic benefits with those who create global maps.

Recent Developments: It is one of the fastest-growing DePin projects in the Solana ecosystem, with a good recent surge, currently around a circulating market cap of $60 million, and there is a possibility of listing on top exchanges in the future.

Learn More: https://app.trendx.tech/projects/8883606edab53f21123a1c731cd7180f5a93de0ba6736f17340c93ce3df165c7

Meson Network

Basic Information:

Twitter Followers: 196,200

Top KOL Followers: 66

Asset Whale Followers: 18

NFT Whale Followers: 35

Voting Heat: 15.41 million votes

Introduction: Meson Network aims to create an efficient bandwidth market on Web3, replacing traditional labor-based sales models with a blockchain protocol model to integrate and monetize idle bandwidth from long-tail users at low cost.

Recent Developments: A snapshot auxiliary tool for BNB Chain, the token name has been revealed, but specific issuance information has not been disclosed, and it can be tracked continuously.

Learn More: https://app.trendx.tech/projects/d08194e32ab921030b8637ef6fa30ef5b4c93ec0365030cefcd0b93cbb95c468

Render Network

Basic Information:

Twitter Followers: 124,000

Top KOL Followers: 45

Asset Whale Followers: 12

NFT Whale Followers: 29

Voting Heat: 26.39 million votes

Introduction: Render Network provides decentralized GPU-based rendering solutions, aiming to connect users needing rendering jobs with those who have idle GPUs to process them.

Recent Developments: The best-performing project in the DePin sector this year, with increasing demand for GPUs as VR, AR, and other fields develop, leading to a better trend for RNDR.

Learn More: https://app.trendx.tech/projects/af9fcabdef58a44cbcba1e2503c1d51ea041bdefd1e9174370f35f940d08ed78

Helium

Basic Information:

Twitter Followers: 190,300

Top KOL Followers: 191

Asset Whale Followers: 68

NFT Whale Followers: 137

Voting Heat: 33.40 million votes

Introduction: Helium is a globally distributed hotspot network that creates public remote wireless coverage for LoRaWAN-supported IoT devices and cellular devices.

Recent Developments: A leading DePin project in the Solana ecosystem, and also one of the core strategic focuses for Solana in 2024.

Learn More: https://app.trendx.tech/projects/6a43dcdef7bc136b2a32cd826a189c6a410ceb096a755245fef9a07af642a312

Thala

Basic Information:

Twitter Followers: 57,100

Top KOL Followers: 96

Asset Whale Followers: 50

NFT Whale Followers: 53

Voting Heat: 36.78 million votes

Introduction: Thala is a decentralized stablecoin protocol that builds yield-generating stablecoins and liquidity supply layers on Aptos.

Recent Developments: A representative DeFi project in the Aptos ecosystem, currently with a market cap of around $7 million, showing significant upward potential.

Learn More: https://app.trendx.tech/projects/3c4ee33b410b507a22bf4cab85c4c577d8fdf7807e8dacb6f21ebccf9150f4f7

Zephyr Protocol

Basic Information:

Twitter Followers: 16,100

Top KOL Followers: 16

Asset Whale Followers: 2

NFT Whale Followers: 7

Voting Heat: 88.20 million votes

Introduction: Zephyr Protocol is a private stablecoin protocol that combines principles of privacy and stability to create a much-needed digital currency.

Recent Developments: Pioneering the paradigm of privacy stablecoins while providing DeFi services that meet user needs. Recently, the price has seen a pullback, and it may be suitable to build positions for swing trading in the future.

Learn More: https://app.trendx.tech/projects/fbe6105e81ca6f078709d096f71ec7dfcd7963d88d55864a2f26a24cd29c83f0

TurtSat

Basic Information:

Twitter Followers: 43,200

Top KOL Followers: 48

Asset Whale Followers: 15

NFT Whale Followers: 24

Voting Heat: 38.92 million votes

Introduction: TurtSat is a community-led open platform based on Ordinals, aiming to become the Gitcoin of Ordinals.

Recent Developments: A leading Launchpad in the BTC ecosystem, with several projects launched recently showing good growth. The TURT token has strong community consensus and can be held long-term.

Learn More: https://app.trendx.tech/projects/f008dc5f541fab60b93873d35f7b0b46701029417ce9cbee2360c4384bf56e8a

MultiBit

Basic Information:

Twitter Followers: 18,500

Top KOL Followers: 23

Asset Whale Followers: 8

NFT Whale Followers: 17

Voting Heat: 9.86 million votes

Introduction: MultiBit is the first-ever bidirectional bridge designed for cross-network transfers between BRC20 and ERC20 tokens.

Recent Developments: With the prosperity of the BTC ecosystem, the demand for cross-chain solutions will gradually increase. MultiBit provides cross-chain tools, facilitating asset transfers within and outside the BTC ecosystem.

Learn More: https://app.trendx.tech/projects/61a2110e7fda9645ccd1ee03e7db376c044c009dcc115b0aa9900e1eaa451150

Liquidium

Basic Information:

Twitter Followers: 7,421

Top KOL Followers: 33

Asset Whale Followers: 5

NFT Whale Followers: 20

Voting Heat: 22.39 million votes

Introduction: Liquidium is the first NFT lending protocol on ordinals, allowing users to obtain NFT-backed loans.

Recent Developments: A leading lending project in the BTC ecosystem, recently completing a $1.25 million Pre-Seed round of financing, led by Bitcoin Frontier Fund. It can be continuously monitored.

Learn More: https://app.trendx.tech/projects/89c2ab7ba6178611e0dcc4bbf9dd987e867ab284df6bd3c14b206c56b13e2306