DEPIN

DEPIN Price

What is DEPIN about?

DEPIN is the official token of Airmoney, known as the Degn token. It powers the Proof-of-Activity (PoA) mechanism on the Degn hardware wallet, enabling users to earn rewards for their on-chain activities performed on the device.

What makes DEPIN unique?

DEPIN is unique because it is integrated into the Degn hardware wallet, which is specifically designed for use in challenging environments. The token is utilized for buybacks, with 50% of hardware sales and 50% of trading fees allocated for this purpose, ensuring a sustainable reward system for users.

What's the history of DEPIN?

DEPIN was created as the native token for the Degn hardware wallet, which is the first DePIN hardware wallet built for rugged use. The token's history is tied to the development of the Degn wallet, designed to facilitate activities such as running nodes, staking assets, gambling, and trading perps.

What's next for DEPIN?

As the Degn hardware wallet continues to evolve, DEPIN will remain central to its operations, particularly in maintaining the Proof-of-Activity rewards system and supporting the wallet's functionality in various on-chain activities.

What can DEPIN be used for?

DEPIN can be used for running nodes, staking assets, gambling, and trading perps on the Degn hardware wallet. Additionally, it facilitates buybacks, with portions of hardware sales and trading fees dedicated to this process, which in turn funds the PoA rewards for users.

Where can you buy DEPIN?

DEPIN tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade DEPIN is Hyperliquid, where the most active trading pair DEPIN/USDC has a trading volume of $79.99 in the last 24 hours.

What is the daily trading volume of DEPIN (DEPIN)?

The trading volume of DEPIN (DEPIN) is $79.99 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for DEPIN (DEPIN)?

DEPIN (DEPIN) reached an all-time high of $0.02966 and an all-time low of $0.0₅5998. It’s now trading -99.70% below that peak and 1,233.50% above its lowest price.

What is the market cap of DEPIN (DEPIN)?

Market capitalization of DEPIN (DEPIN) is $77,065.38 and is ranked #- on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of DEPIN tokens (960 Million tokens are tradable on the market today).

What is the fully diluted valuation of DEPIN (DEPIN)?

The fully diluted valuation (FDV) of DEPIN (DEPIN) is $82,424.19. This is a statistical representation of the maximum market cap, assuming the maximum number of 1.2 Billion DEPIN tokens are in circulation today. Depending on how the emission schedule of DEPIN tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of DEPIN compare against its peers?

With a price increase of 0.00% in the last 7 days, DEPIN (DEPIN) is underperforming the global cryptocurrency market which is up 3.90%, while underperforming when compared to similar DePIN cryptocurrencies which are up 18.30%.