1. Filecoin (FIL)
Market Cap: $3.44 billion
Current Price: Around $5.70
Filecoin specializes in decentralized data storage. Despite losing value earlier in 2024, it has recently shown strong momentum. Over the last 30 days, its price has surged by 56.22%.
Key Indicators:
- The Awesome Oscillator (AO) remains positive, signaling bullish momentum.
- In early December, the price might climb to $6.50.
- A bearish shift could push the price down to $4.96.
2. Arweave (AR)
Current Price: $21.13
Weekly Growth: 20.98%
Permanent decentralized storage is the main emphasis of Arweave. A recent reversion to bullish momentum was indicated by the formation of an inverse head-and-shoulders pattern.
Price Predictions:
- Resistance at $22.05 may slow further growth.
- Breaching resistance could lead to a short-term target of $24.57.
- If bears dominate, the price could slip to $18.96.
3. Grass (GRASS)
Current Price: $3.48
Monthly Growth: 300%
Grass is a newer project that made significant gains last month. It has been forming lower highs, indicating possible consolidation before another upward movement.
Price Scenarios:
- A bullish continuation could push Grass to $3.90 or higher.
- Strong buying could see the price reach $5.
- Losing momentum may result in a drop to $2.81.
4. io.net (IO)
Current Price: $2.93
Monthly Growth: 65.13%
io.net focuses on decentralized AI computing. It has gained momentum after crossing above the 20-day Exponential Moving Average (EMA), suggesting a bullish trend.
Forecast:
- Holding above the 20-day EMA could lead to a price of $4 or higher in December.
- A loss of investor interest could send the token below $2.
5. NetMind Token (NMT)
Current Price: $3.76
Recent Volume Growth: 350%
Built on the BNB Chain, NetMind Token has regained investor interest after earlier declines. Its price has risen sharply in recent weeks.
Potential Movements:
- Continued momentum could see NMT surpass $5.
- Profit-taking may cause a dip to $2.72.
Summary Table
|
Token |
Current Price |
Monthly Growth |
Potential Highs |
Potential Lows |
Key Focus Area |
|
Filecoin |
$5.70 |
56.22% |
$6.50 |
$4.96 |
Decentralized Data Storage |
|
Arweave |
$21.13 |
20.98% |
$24.57 |
$18.96 |
Permanent Decentralized Storage |
|
Grass |
$3.48 |
300% |
$5.00 |
$2.81 |
New DePIN Project |
|
io.net |
$2.93 |
65.13% |
$4.00 |
$2.00 |
Decentralized AI Computing Network |
|
NMT |
$3.76 |
76.10% |
$5.00 |
$2.72 |
Built on the BNB Chain |
These altcoins highlight the growing interest in DePIN projects. However, market conditions can change quickly. Always research and consider risks before investing.