According to CoinJiexue, DePin’s total market capitalization has fallen 83% since its peak in March 2024, and is currently $3.46 billion, making it one of the weakest-performing sectors in the crypto industry.

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MartingaleBeliever
· 4h ago
It has fallen 80% from its peak to now, showing that storytelling can’t hold up—what matters is real network effects.
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RateSlacker
· 8h ago
A market cap of 3.46 billion? Where’s the trillion-dollar narrative they were hyping back then—can the hardware costs even be recovered?
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GuardianOfChat
· 9h ago
It’s dropped like this, and I’m actually curious to look into which projects are really doing things—are there any bargain-buy opportunities?
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MemeWatcher
· 9h ago
This DePIN price drop is even more brutal than my knockoff copycat coin—83% gets slashed in half straight away, and then slashed in half again.
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ChartistZhang
· 9h ago
An 83% drawdown is actually normal; the early valuation bubble was too large, and now it has returned to rationality.
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HalfLifeHodler
· 9h ago
I still have a few DePIN coins locked up in my wallet, and after reading this data, I don’t even want to open my wallet anymore.
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