The market capitalization of DePIN tokens has surged past $12.4 billion, marking a 3% increase in the last 24 hours. Helium's HNT tokens, used for sharing wireless network coverage, are a significant contributor, with over 2 million daily active users. Grass, which rewards users with GRASS tokens for sharing unused internet bandwidth, also plays a key role in this growth.
Additionally, PepeNode has successfully raised over $2.1 million, with its PEPENODE token currently trading at $0.0011638. The token offers an attractive staking annualized yield of up to 589%, further driving interest in the DePIN sector.
DePIN Tokens Market Cap Surpasses $12.4 Billion, Led by HNT and GRASS
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