TrendX Research Institute Project Highlights | DePIN Narrative Deserves Attention

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This text is the text version of the weekly selected projects by TrendX Research Institute. The selected time span for this week is from December 1st to December 15th, with a total of 9 projects.

HiveMapper

Basic Information:

Twitter Followers: 22.6k

Top KOL Followers: 55

Whale Followers: 11

NFT Whale Followers: 21

Voting Popularity: 23.58 million votes

Introduction: Hivemapper is a decentralized, continuously updated map built by people using dashcams. This new map economy represents a fundamental shift in the way people build maps and share economic benefits with those who build global maps.

Recent Developments: It is a DePin project that is developing rapidly in the Solana ecosystem, with a recent good uptrend. The current circulating market value is around 60 million USD, and it may be listed on a first-tier exchange in the future.

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

Meson Network

Basic Information:

Twitter Followers: 196.2k

Top KOL Followers: 66

Whale Followers: 18

NFT Whale Followers: 35

Voting Popularity: 15.41 million votes

Introduction: Meson Network is dedicated to creating an efficient bandwidth market on Web3, using a blockchain protocol model to replace the traditional labor-based sales model, integrating and monetizing idle bandwidth from long-tail users at low cost.

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

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

Render Network

Basic Information:

Twitter Followers: 124k

Top KOL Followers: 45

Whale Followers: 12

NFT Whale Followers: 29

Voting Popularity: 26.39 million votes

Introduction: Render Network provides a decentralized GPU-based rendering solution, aiming to connect users in need of rendering jobs with those who have spare GPUs to process them.

Recent Developments: It is one of the most outstanding projects in the DePin sector this year, and with the development of VR, AR, and other fields, the demand for GPUs is increasing, leading to a better trend for RNDR.

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

Helium

Basic Information:

Twitter Followers: 190.3k

Top KOL Followers: 191

Whale Followers: 68

NFT Whale Followers: 137

Voting Popularity: 33.40 million votes

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

Recent Developments: It is a top DePin project in the Solana ecosystem and is also one of the core strategic focuses for Solana in 2024.

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

Thala

Basic Information:

Twitter Followers: 57.1k

Top KOL Followers: 96

Whale Followers: 50

NFT Whale Followers: 53

Voting Popularity: 36.78 million votes

Introduction: Thala is a decentralized stablecoin protocol, building yield-generating stablecoins and liquidity layers on Aptos.

Recent Developments: It is a representative DeFi project in the Aptos ecosystem, with a current market value of around 7 million USD and great potential for growth.

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

Zephyr Protocol

Basic Information:

Twitter Followers: 16.1k

Top KOL Followers: 16

Whale Followers: 2

NFT Whale Followers: 7

Voting Popularity: 88.20 million votes

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

Recent Developments: It has pioneered the privacy stablecoin paradigm and also provides DeFi services that meet user needs. The price has recently experienced a decline, and it may be suitable for moderate position building for short-term gains.

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

TurtSat

Basic Information:

Twitter Followers: 43.2k

Top KOL Followers: 48

Whale Followers: 15

NFT Whale Followers: 24

Voting Popularity: 38.92 million votes

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

Recent Developments: As a leading project in the BTC ecosystem Launchpad, the recent performance of the listed projects has been good. The TURT token has strong community consensus and may be suitable for long-term holding.

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

MultiBit

Basic Information:

Twitter Followers: 18.5k

Top KOL Followers: 23

Whale Followers: 8

NFT Whale Followers: 17

Voting Popularity: 9.86 million votes

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

Recent Developments: With the thriving BTC ecosystem, the demand for cross-chain capabilities will gradually increase. MultiBit provides cross-chain tools, offering convenience for asset transfers within and outside the BTC ecosystem.

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

Liquidium

Basic Information:

Twitter Followers: 7421

Top KOL Followers: 33

Whale Followers: 5

NFT Whale Followers: 20

Voting Popularity: 22.39 million votes

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

Recent Developments: As a leading project in the BTC ecosystem lending sector, Liquidium has just completed a $1.25 million Pre-Seed round of financing, led by Bitcoin Frontier Fund. It is worth continued attention.

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

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