Bittensor

Filecoin

JasmyCoin

Livepeer

Grass

As we step into November 2024, the spotlight is on DePIN (Decentralized Physical Infrastructure Network) projects, where digital assets and real-world solutions intersect. These innovative projects are reshaping the crypto landscape by integrating blockchain with physical applications, promising utility beyond traditional digital boundaries. Here’s a list of the top 5 DePIN altcoins to watch this month for those looking to explore real-world adoption in the crypto space. 
<a href="https://www.qubetics.com/?utm_source=TBJ&amp;utm_medium=postBANNER" target="_blank" rel="noopener nofollow"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-51679 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/Qubetics-is-728x90-1-3.jpg" alt="Top 5 DePIN Altcoins to Watch This November: Bridging Real and Digital Worlds = The Bit Journal" width="728" height="90" title="Top 5 DePIN Altcoins to Watch This November: Bridging Real and Digital Worlds 42"></a> 
<h2 id="leading-the-pack-bittensor-tao">Leading the Pack: Bittensor (TAO)</h2> 
First on the list is Bittensor (TAO), a project that merges machine learning with blockchain. <a href="https://thebitjournal.com/ai-cryptos-near-and-tao-see-mixed-results-as-rollblock-rblk-takes-the-lead/" target="_blank" rel="noopener">TAO</a> has recently seen a 15% decline, currently trading around $510.86, significantly below its peak of $800 earlier this year. Despite this drop, the altcoin holds promising potential for recovery, presenting a compelling entry point for investors. 
<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-65196" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/tao-depin-altcoins-analysis.png" alt="Top 5 DePIN Altcoins to Watch This November: Bridging Real and Digital Worlds = The Bit Journal" width="3190" height="1802" title="Top 5 DePIN Altcoins to Watch This November: Bridging Real and Digital Worlds 43"> 
On the daily chart, TAO hovers just above its 50-day EMA but below the 20-day EMA. As long as it stays above the 50-day EMA, there is a solid chance for a rally toward $681.85 in November. However, if it dips below support, a further decline to $397.32 could be on the cards. 
<h2 id="second-pick-filecoin-fil">Second Pick: Filecoin (FIL)</h2> 
Next up is Filecoin (FIL), a pioneer in decentralized storage solutions. FIL has been trading between $3 and $4 over the past month, offering a favorable entry for those eyeing a recovery from current lows. After a 10% increase at the end of October, FIL could test the $4.29 mark if it breaks past its $3.85 resistance. Otherwise, it may retract to $3.41 if buying momentum doesn’t materialize.<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-65194" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/filecoin-depin-altcoins-analysis.png" alt="Top 5 DePIN Altcoins to Watch This November: Bridging Real and Digital Worlds = The Bit Journal" width="3190" height="1802" title="Top 5 DePIN Altcoins to Watch This November: Bridging Real and Digital Worlds 44"> 
<h2 id="iot-innovator-jasmycoin-jasmy">IoT Innovator: JasmyCoin (JASMY)</h2> 
JasmyCoin (JASMY) stands out for its integration with IoT technology, trading at $0.019 and currently in a descending wedge pattern. Breaking out of this formation could propel JASMY toward $0.034, with the $0.020 resistance level serving as a crucial threshold. Failure to surpass this point may see JASMY revisiting $0.016, adding a speculative edge for November.<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-65192" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/jasmy-depin-altcoins.png" alt="Top 5 DePIN Altcoins to Watch This November: Bridging Real and Digital Worlds = The Bit Journal" width="3190" height="1802" title="Top 5 DePIN Altcoins to Watch This November: Bridging Real and Digital Worlds 45"> 
<h2 id="livepeer-lpt-and-the-streaming-revolution">Livepeer (LPT) and the Streaming Revolution</h2> 
Supported by Grayscale Trust, Livepeer (LPT) has caught the attention of crypto investors despite a 25% price dip over the last month. The support at $10.68 forms a potential launchpad for gains, with LPT possibly reaching the $13.27 level if it surpasses the $11.84 resistance. Otherwise, LPT could test lower support at $9.96.<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-65190" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/livepeer-depin-altcoins-analysis.png" alt="Top 5 DePIN Altcoins to Watch This November: Bridging Real and Digital Worlds = The Bit Journal" width="3190" height="1802" title="Top 5 DePIN Altcoins to Watch This November: Bridging Real and Digital Worlds 46"> 
<h2 id="emerging-altcoin-grass-grass">Emerging Altcoin: Grass (GRASS)</h2> 
Closing out the list is Grass (GRASS), which has already sparked significant interest since its recent launch. Though its airdrop process faced some hiccups, enthusiasm around this new entrant remains robust. Grass is in a price discovery phase and might test the $1 level again in November. Breaking past this threshold could see it climbing to $2, though heavy selling pressure might temper these expectations.<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-65188" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/grass-depin-altcoins-analysis.png" alt="Top 5 DePIN Altcoins to Watch This November: Bridging Real and Digital Worlds = The Bit Journal" width="2560" height="1446" title="Top 5 DePIN Altcoins to Watch This November: Bridging Real and Digital Worlds 47"> 
The Bit Journal reminds readers that crypto investments involve substantial risks, and the volatility of altcoin markets requires careful analysis. 
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Top 5 DePIN Altcoins to Watch This November: Bridging Real and Digital Worlds

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The Bit Journal

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