As the recent $MOBILE continues to reach new highs, it has completely ignited the sentiment of the DePIN market. According to DePINscan data, the current market value of the DePIN concept market has exceeded 3 billion. In addition to Mobile, BlockBeats has compiled 6 DePIN projects worth paying attention to for readers.

IoTeX (IOTX)

Unlike other DePIN projects, IoTeX, founded in 2017, is positioned as a platform designed for DePIN builders. It combines fast and secure blockchain technology with the Internet of Things (IoT) and smart devices. The off-chain computing protocol W3bstream allows IoTeX DePIN projects to easily generate logic based on smart device data, triggering blockchain operations. The most famous IoTeX DePIN projects include Envirobloq, Drop Wireless, and HealthBlocks.

Currently, IoTeX has a market value of over 4.5 billion USD, with its token being IOTX. It has seen a 24-hour increase of 21.2%, with a quoted price of 0.05 USD at the time of writing.

Hivemapper (HONEY)

Hivemapper is a map tool platform built on Solana, which received a $18 million investment from Multicoin Capital, Solana's founders, and others in April 2022. Users purchase Hivemapper's dashcams, accumulate data during driving, and upload map data to receive rewards. Currently, there are two dashcams for sale, priced at 300 USD and 649 USD.

Currently, Hivemapper has a market value of over 93.21 million USD, with its token being HONEY, which has seen a 52.6% increase in the past 24 hours, with a quoted price of 0.28 USD at the time of writing. It is worth noting that HONEY's price has increased more than 15 times in the past month.

DIMO (DIMO)

DIMO is a decentralized automotive IoT platform, where users purchase their products, collect and share their vehicle data to earn tokens. In 2022, DIMO completed a $9 million financing round with CoinFund and others. Currently, Dimo has partnered with 9 Web2 companies, such as gas stations, repair shops, and auto parts stores, where users can use DIMO tokens to purchase services. According to the official website, DIMO is currently connected to over 28,000 vehicles, with a total mileage of over 153 million kilometers.

Currently, DIMO has a market value of over 13.1 million USD, with its token being DIMO, which has seen a 67.6% increase in the past 24 hours, with a quoted price of 0.66 USD at the time of writing, having increased more than 6 times in the past month.

Streamr (DATA)

Streamr Network is a decentralized network designed to collect and publish low-latency real-time data streams from IoT sensors, machines, and other smart devices. Streamr Network launched The Hub in April, which is a gateway for developers to create and connect real-time data streams. DIMO has created one of the first open data projects on The Hub. Earlier this month, Streamr launched the Streamr 1.0 incentive testnet.

Currently, Streamr has a market value of over 40 million USD, with its token being DATA, which has seen an 84.1% increase in the past 24 hours, with a quoted price of 0.06 USD at the time of writing.

WiCrypt (WNT)

Wicrypt Network is a decentralized shared network service provider on Polygon, allowing users to earn rewards while sharing WiFi. Wicrypt Network was established in 2018 and is the first blockchain-based independent WiFi sharing network in Africa. According to the official website, Wicrypt has a large platform with its own browser and storage servers, with over 1067 devices operating in more than 31 countries and 92 cities worldwide.

Currently, Wicrypt has a market value of 840,000 USD, with its token being WNT, which has seen a 44.9% increase in the past 24 hours, with a quoted price of 0.4 USD at the time of writing.

XNET (XNET)

XNET is a decentralized quasi-licensed mobile operator built on Polygon, with its team having decades of experience in telecommunications, technology, and blockchain. Using CBRS spectrum, XNET focuses on building a reliable industrial-grade neutral host network. In addition, 40% of all network revenue from XNET will be used to purchase and burn $XNET tokens from the open market. On November 30, XNET launched the XR560 Wi-Fi access point, priced at 995 USD.

The XNET token has seen a 24% increase in the past 24 hours, with a quoted price of 0.01 USD at the time of writing.

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