HIP-4 just went live, time to speculate about HIP-5
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Denial is done!
Panic is also done!
The next level is depression for $HNT, just as expected! 👇
https://t.co/5lW9VDVTcO https://t.co/SsI7gDxvin
Crazy to see how markets are still behaving like this cheat sheet invented decades ago.
Look at the $HNT chart; it seems truly destined for a depression level! https://t.co/ofO3jUGAAR
DePIN might be the most mispriced narrative for the AI era.
Top 7 DePIN projects by 30-day revenue:
1. $HNT ($190.1m MC) - $16.7m revenue
2. $GEOD ($59.7m MC) - $7.3m revenue
3. $SN64 ($107.1m MC) - $5.9m revenue
4. $RENDER ($1.0b MC) - $3.0m revenue
5. $IO ($33.5m MC) - $2.8m revenue
6. $FIL ($697.3m MC) - $1.4m revenue
7. $AKT ($119.4m MC) - $1.1m revenue
DePIN isn't "devices for vibes." It's real-world supply getting paid: wireless coverage, precision location, storage, compute.
And AI is a demand engine for the last two.
How these break down:
- Infrastructure: @helium, @GEODNET
- Compute: @chutes_ai, @rendernetwork, @ionet, @akashnet_
- Storage: @Filecoin
Revenue matters this cycle, but tokens aren't stocks. Some have real usage and questionable value accrual.
Watching which ones turn demand into actual token sinks, not just revenue charts.
