• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Crypto Veteran Meltem Demirors Says One Emerging Crypto Sector Will Give Rise to Dozens of Multi-Billion Dollar Firms

July 8, 2024
in Altcoin
Reading Time: 2min read
0 0
A A
0
Crypto Veteran Meltem Demirors Says One Emerging Crypto Sector Will Give Rise to Dozens of Multi-Billion Dollar Firms
0
SHARES
7
VIEWS
ShareShareShareShareShare

Crypto veteran Meltem Demirors says that one particular subsector of digital assets will birth “dozens” of multi-billion dollar projects in the future.

Demirors tells her 263,000 followers on the social media platform X that she’s looking more closely at the future of decentralized physical infrastructure networks (DePINs).

DePINs aim to leverage blockchain to give individuals or companies control over physical infrastructure like wireless connectivity, data storage or compute power in a decentralized manner.

Demiror says that Bitcoin (BTC), with its network and token that ultimately incentivized the creation of $100 billion worth of mining hardware and $20 billion worth of public companies, could end up being the blueprint for the rise of DePINs.

“Quick slide rip – how I’m thinking about opportunities in the DePIN space:

New resource networks are only one part of the overall landscape. There will be dozens of multi-billion dollar protocols and companies across the DePIN stack. Bitcoin is the blueprint… 

Arguably over the long run, the resource networks will be commoditized and the tools enabling operating leverage + financial engineering will have a much larger, more sustainable moat.”

Source: Meltem Demirors/X

Some of the biggest DePIN crypto projects currently include Render (RNDR), Filecoin (FIL), The Graph (GRT) and Akash Network (AKT).

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney
Featured Image: Shutterstock/Sensvector


Credit: Source link

ShareTweetSendPinShare
Previous Post

Dogecoin Price Decline Looms As Bears Cut Short Recovery: Key Levels To Watch

Next Post

NEAR Protocol Sees Over 12 Million Unique Addresses In 30 Days

Next Post
NEAR Protocol Sees Over 12 Million Unique Addresses In 30 Days

NEAR Protocol Sees Over 12 Million Unique Addresses In 30 Days

You might also like

Chainlink Automation Launches on Base: Unpacking Its Impact

Chainlink Backs Global Banking Pilot to Test Stablecoin-Powered FX Settlements

June 24, 2026
CoinEx Named as Iran Largest Crypto Sanctions Exit Route by TRM Labs

CoinEx Named as Iran Largest Crypto Sanctions Exit Route by TRM Labs

June 25, 2026
You Will Not Like Where Grok AI Predicts Bitcoin Going in The Next 30 Days

You Will Not Like Where Grok AI Predicts Bitcoin Going in The Next 30 Days

June 25, 2026
VeChain Foundation Releases Q1 2024 Treasury Report

Fireblocks Rolls Out 90-Day Plan for Embedded Wallets

June 27, 2026
Google Gemini AI Predicts Crazy Solana Price by End of 2026

Google Gemini AI Predicts Crazy Solana Price by End of 2026

June 22, 2026
[LIVE] Ethereum Price Developments, October 22: Live News and Price Updates as ETH Price Crashes to $3800

Ethereum Price Prediction: ETHLABS in Frontline to Save ETH Future

June 23, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Google Gemini AI Predicts Jaw-Dropping Bitcoin Price by Next 90 Days

Google Gemini AI Predicts Jaw-Dropping Bitcoin Price by Next 90 Days

June 28, 2026
Year-end odds on Israel–Indonesia ties shift in Polymarket

Dnipropetrovsk hit refocuses front as Polymarket Crimea odds rise to 13.5%

June 28, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.