
{"id":21612,"date":"2024-11-19T08:05:01","date_gmt":"2024-11-19T08:05:01","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=21612"},"modified":"2024-11-19T08:05:01","modified_gmt":"2024-11-19T08:05:01","slug":"dont-buy-meme-coins-buy-depin-cryptos-instead","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=21612","title":{"rendered":"Don\u2019t buy meme coins. Buy DePin cryptos instead."},"content":{"rendered":"<p>The crypto bonanza is in full\u00a0force.<\/p>\n<p><strong>Bitcoin (BTC)<\/strong> spiked to an all-time high on election night and has been off to the races since\u2026 at around $90,000\u00a0now.<\/p>\n<p><strong>Ethereum\u2019s (ETH) <\/strong>is up around 30% over the past\u00a0month\u2026<\/p>\n<p><a href=\"https:\/\/medium.com\/coinmonks\/is-solana-a-good-investment-in-2024-b4a7993b9f4a\"><strong>Solana\u2019s (SOL)<\/strong><\/a> up even\u00a0more.<\/p>\n<p>Then there\u2019s <strong>Dogecoin (DOGE)<\/strong>, which just went from $0.11 to $0.39 in a\u00a0month:<\/p>\n<p>Crypto\u2019s a unique sector where jokes, memes, and stories can drive prices to the moon. It\u2019s the Wild\u00a0West.<\/p>\n<h3>Did you know there\u2019s a coin for Peanut, the internet-famous squirrel?<\/h3>\n<p><strong>Peanut the Squirrel (PNUT)<\/strong> is up a ridiculous 1,340%\u2026 in just the past\u00a0week.<\/p>\n<p>And PNUT isn\u2019t even the highest gainer over the past seven days. Look at this list. There are two coins up more than 2,500%\u200a\u2014\u200ain one\u00a0week!<\/p>\n<p>This is a bonanza in every sense of the word. It shows just how excited crypto investors are right\u00a0now.<\/p>\n<p><strong>If you\u2019re at all interested in capitalizing on the perfect setup in crypto, here\u2019s my guidance\u2026<\/strong><\/p>\n<h3>Don\u2019t buy any of these meme\u00a0coins\u2026<\/h3>\n<p>If you want to throw a few bucks into something like Goatseus Maximus (GOAT) just for laughs, I\u2019m not going to stop\u00a0you.<\/p>\n<p>But this isn\u2019t where the big opportunity is.<\/p>\n<p>We\u2019re on the edge of the biggest regulatory regime change in crypto\u00a0ever.<\/p>\n<h4>For the last four years, building a legitimate crypto business in America has been basically illegal.<\/h4>\n<p>Entrepreneurs who wanted to build real businesses in this industry risked jail\u00a0time.<\/p>\n<p>This put innovation on \u201cpause.\u201d I\u2019d chat with builders at conferences and they\u2019d say things like, \u201cI\u2019d love to build this but I don\u2019t want to go to\u00a0jail.\u201d<\/p>\n<p>It was a constant regulatory barrage. Crypto banks were shut down by the government. Founders and funds were sued. Protocols were subject to constant surveillance sweeps.<\/p>\n<p>With no regulatory framework to launch real projects that create value, the only incentive was to make speculative meme\u00a0coins.<\/p>\n<p>\u201cMememakers\u201d can easily create and launch tokens. But entrepreneurs trying to build real products step in regulatory quicksand. Want to launch a dog token? No problem. Want to build actual financial infrastructure? Here\u2019s your subpoena.<\/p>\n<h4>That era just\u00a0ended.<\/h4>\n<p>Donald Trump and the new pro-crypto Congress (comprised of both pro-crypto Democrats and Republicans) are a complete rejection of the anti-crypto folks who\u2019ve dominated government in recent\u00a0years.<\/p>\n<p>Think of it like taking the handcuffs off thousands of entrepreneurs at once. Expect the coming innovation surge to shock people who think crypto is just about speculation.<\/p>\n<p>I\u2019ve said from the beginning I wouldn\u2019t touch 99% of tokens. Crypto, like every early-stage industry, is fraught with frauds and scams. But cut through all the hype, and you can see the world-changing potential.<\/p>\n<p>Here\u2019s one sector set to do well under the new regime\u200a\u2014\u200aDePin.<\/p>\n<p><strong><em>Join our <\/em><\/strong><a href=\"https:\/\/t.me\/coincodecap\"><strong><em>Telegram<\/em><\/strong><\/a><strong><em> to get more information about Crypto\u00a0Trading.<\/em><\/strong><\/p>\n<h3>DePin answers the #1 question on every crypto skeptic\u2019s mind: What do we need blockchain for?<\/h3>\n<p>DePin is all about solving real-world problems using blockchain.<\/p>\n<p>And unlike most of crypto, I can explain how DePin projects work to my\u00a0mom.<\/p>\n<h4>Consider Hivemapper, for example, which is building the next Google\u00a0Maps.<\/h4>\n<p>I love Google Maps Street View feature. But wouldn\u2019t it be even better if it updated every day, not once per\u00a0year?<\/p>\n<p>This is the problem <a href=\"https:\/\/medium.com\/coinmonks\/my-2nd-best-crypto-to-buy-for-the-euphoria-phase-8b8a72b4392e\"><strong>Hivemapper (HONEY)<\/strong><\/a> is trying to solve. It\u2019s creating a live view of the world\u2019s\u00a0roads.<\/p>\n<p>Hivemapper makes a 4K, high-definition dashcam anyone can buy and attach to their rearview mirror. The camera automatically \u201cmaps\u201d the roads as you drive around, while you collect HONEY tokens in return. Hivemapper then feeds these images into its global\u00a0map.<\/p>\n<p>Hivemapper is one of my top choices for the most impressive crypto business of 2024. Over 150,000 contributors across the globe have mapped 330 million km worth of\u00a0roads.<\/p>\n<p>Hivemapper users mapped over a quarter of the world\u2019s roads in less than two years! It\u2019s growing 4X faster than Google Maps did in its early\u00a0days.<\/p>\n<p>And Hivemapper now counts three of the world\u2019s top 10 mapping companies as clients. It has a real shot at breaking Google Maps\u2019 monopoly.<\/p>\n<p>I first recommended Hivemapper crypto (HONEY) to my<em> <\/em><a href=\"https:\/\/www.riskhedge.com\/go\/RH158R011\/RHD\"><em>RiskHedge Venture<\/em><\/a> subscribers in November\u00a02022.<\/p>\n<p>A year later we sold half of that position for a 1,050% gain. We continue to hold the other\u00a0half.<\/p>\n<h4>Helium is another real-world crypto\u2026<\/h4>\n<p><a href=\"https:\/\/medium.com\/coinmonks\/my-top-crypto-to-buy-right-now-d846ab1c5e78\"><strong>Helium (HNT)<\/strong><\/a> successfully built the world\u2019s only global IoT network. It achieved this without laying a single cable or constructing a cell\u00a0tower.<\/p>\n<p>Instead, Helium decided to sell hotspots (mini cell towers) to folks like you and me and pay them HNT tokens for providing internet coverage for IoT\u00a0devices.<\/p>\n<p>Today, Helium has 1 million hotspots deployed in over 200 countries.<\/p>\n<p>Helium is now moving beyond IoT devices. It recently rolled out its $20\/month unlimited data, talk, and text cell plan nationwide\u2026 powered by Helium\u2019s 5G hotspots.<\/p>\n<p>The number of Helium Mobile subscribers has surged 4X since January and just topped\u00a0115,000.<\/p>\n<p>Two of the three largest cell providers in America are also now tapping into Helium\u2019s 5G\u00a0network.<\/p>\n<p>5G is blisteringly fast. The downside is its signals only reach short distances. Building a dozen giant cell towers to cover a city won\u2019t work for 5G. Instead, it needs a mini cell tower in every coffee shop and home. This makes 5G the perfect fit for Helium\u2019s \u201cgrassroots\u201d approach.<\/p>\n<p>T-Mobile (TMUS) and Verizon (VZ) know this. That\u2019s why they\u2019re \u201coffloading\u201d traffic to Helium\u2019s 5G network. These cell giants are \u201crouting\u201d over 60,000 people through Helium\u2019s network on any given day. And that number continues to rise, as this chart\u00a0shows:<\/p>\n<p><em>Source: Helium<\/em><\/p>\n<p>This translates into more revenue for Helium. Its network is raking in over $150,000 in fees\/month, with 98% of fees coming from 5G customers.<\/p>\n<p><strong>Bottom line: <\/strong>Blockchain is the greatest coordination tool ever invented. It allows individuals from across the world to achieve things only monolithic corporations could previously do. And they\u2019re able to do it cheaper and faster than ever\u00a0before.<\/p>\n<p>Now that we finally have a pro-crypto government, would you rather bet on DePin cryptos with the potential to change the world, or a meme\u00a0coin?<\/p>\n<p><strong>For more insights, <\/strong><a href=\"https:\/\/www.riskhedge.com\/go\/RH144SM704\/RMD\"><strong>subscribe to my investing letter <em>The\u00a0Jolt\u26a1<\/em><\/strong><\/a><strong><em>.<\/em><\/strong><\/p>\n<p>I publish fresh research on stocks and crypto every Monday and\u00a0Friday.<\/p>\n<p><a href=\"https:\/\/www.riskhedge.com\/go\/RH144SM704\/RMD\">Click here to subscribe<\/a>.<\/p>\n<p>Also, I run a crypto advisory called <a href=\"https:\/\/www.riskhedge.com\/go\/RH158R011\/RHD\"><em>Venture<\/em><\/a><em>. <\/em>You can <a href=\"https:\/\/www.riskhedge.com\/go\/RH158R011\/RHD\">learn more about it by clicking\u00a0here<\/a>.<\/p>\n<p><em>\u2014 Stephen McBride, Chief Analyst at <\/em><a href=\"https:\/\/www.riskhedge.com\/\"><em>RiskHedge<\/em><\/a><\/p>\n<p><a href=\"https:\/\/medium.com\/coinmonks\/dont-buy-meme-coins-buy-depin-cryptos-instead-95ff2083e965\">Don\u2019t buy meme coins. Buy DePin cryptos instead.<\/a> was originally published in <a href=\"https:\/\/medium.com\/coinmonks\">Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"<p>The crypto bonanza is in full\u00a0force. Bitcoin (BTC) spiked to an all-time high on election night and has been off to the races since\u2026 at around $90,000\u00a0now. Ethereum\u2019s (ETH) is up around 30% over the past\u00a0month\u2026 Solana\u2019s (SOL) up even\u00a0more. Then there\u2019s Dogecoin (DOGE), which just went from $0.11 to $0.39 in a\u00a0month: Crypto\u2019s a [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-21612","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/21612"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21612"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/21612\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}