With the crypto market on the verge of an uptrend, investors are looking for opportunities beyond traditional giants Bitcoin and Ethereum. Artificial intelligence-focused coins have been booming lately. Popular crypto analyst Miles Deutscher sheds light on DePIN as the crypto poised to benefit from the upcoming bull run. Meanwhile, experts predict that this sector will turn into a $3.5 trillion industry by 2028.
DePIN: Rising star of the field of artificial intelligence
In a recent analysis, popular crypto analyst Miles Deutscher comes onto the scene with a strategic statement, highlighting DePIN as a cryptocurrency. The analyst believes that DePIN will be a major beneficiary in the AI industry.
DePIN stands for Decentralized Physical Infrastructure. These projects offer an innovative Blockchain protocol that encourages decentralized communities to build and maintain physical hardware. Users who contribute hardware or software resources to the network receive token rewards. Covering multibillion-dollar hardware markets such as cloud storage, computing power, and wireless sensor networks, DePIN is poised to make a significant impact.
Messari predicts a boom in DePIN
Experts predict a boom in the artificial intelligence industry by 2028. They predict it will reach a staggering industry value of $3.5 trillion by then. Deutscher is positioning DePIN as a compelling option in the evolving landscape of AI-related cryptocurrencies.
Previously, Messari predicted that DePIN would add $10 trillion to global GDP over the next decade. In this context, he stated that it will have the potential to reach 100 trillion dollars after ten years. Referring to these issues, Deutscher then underlines the enormous economic impact expected from DePIN’s growth.
Analyst describes these 6 cryptos as the best DePin coins
Miles Deutscher also talks about some of the prominent projects within the DePIN sector. In this direction, he names Akash Network (AKT), Render Network (RNDR), Aethir Cloud, Filecoin (FIL), Arweave (AR) and ATOR Protocol (ATOR).
According to Miles Deutscher, each of these projects contributes something special and valuable to changing the way we think about decentralized physical infrastructure. With the crypto market gaining momentum, Deutscher’s support of DePIN positions it as an early competitor in the emerging AI sector. This insight gives investors the opportunity to benefit from DePIN, which has the potential to become a major player in the crypto space.
The opinions and coin selections in the article belong to the analyst and are definitely not investment advice. cryptokoin.com We strongly recommend that you do your own research before investing.
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