TrendX Research Institute Project Selection | DePIN Narrative Deserves Attention

This article is the text version of TrendX Research Institute's weekly project selection. The time span for this week's selection 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 Heat: 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 with rapid development in the Solana ecosystem, showing good recent growth. The current circulating market value is around 60 million USD, and there may be future listings on top-tier exchanges.

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 Heat: 15.41 million votes

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

Recent Developments: BNB Chain's snapshot auxiliary tool, the token name has been revealed, but specific token issuance information has not been disclosed, and 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 Heat: 26.39 million votes

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

Recent Developments: The most outstanding project in the DePin sector this year, with the increasing demand for GPUs in the development of VR, AR, and other fields, the trend of RNDR is getting better.

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 Heat: 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: A top 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: 57.1k

Top KOL Followers: 96

Whale Followers: 50

NFT Whale Followers: 53

Voting Heat: 36.78 million votes

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

Recent Developments: A representative DeFi project in the Aptos ecosystem, currently with a market value of around 7 million USD, showing 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 Heat: 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: Pioneering the privacy stablecoin paradigm, while also providing DeFi services that meet user needs. The price has recently experienced a decline, and it may be suitable for moderate positions 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 Heat: 38.92 million votes

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

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

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 Heat: 9.86 million votes

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

Recent Developments: The BTC ecosystem is thriving, and the demand for cross-chain transfers 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: 7.42k

Top KOL Followers: 33

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 platform in the BTC ecosystem, just completed a 1.25 million USD Pre-Seed round of financing, led by Bitcoin Frontier Fund. It is worth continuous attention.

Learn More:

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

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