Filecoin and Render Pump as DePIN Gets Hot and GameFi Gains Traction

cryptonews.com:

DePIN is taking off in a big way, and GameFi looks like the next breakthrough narrative. The rush has started to find the best cryptocurrencies to buy in these verticals, and everyone knows that in the bull market, narratives are king. Filecoin ($FIL) and Render ($RNDR) pump as DePIN gets hot, and as GameFi gains traction, small caps like Galaxy Fox ($GFOX) are starting to explode.

DePIN Narrative: Filecoin ($FIL) and Render ($RNDR) Pump 

DePIN (Decentralized Physical Infrastructure Networks), in a nutshell, leverages blockchain and token incentives to create better infrastructure networks and directly compete with TradFi counterparts. Filecoin is a classic example. Filecoin has created a decentralized and permissionless market for data storage. Instead of relying on a single centralized server, users can store their data across an entire network, and anybody with spare storage space can join the market and earn $FIL. Demand for cloud storage is up only, explaining $FIL’s classification as a top crypto to buy this cycle.

Render similarly creates an open and decentralized marketplace but for GPU computer power. The exact type of computing power that AI devours. Users with additional GPU provide their computing to people who need GPU and the medium of exchange is the $RNDR token. The rise of AI and the growing demand for computing has earned Render the title of one of the best cryptocurrencies to buy this year.

The DePIN narrative fundamentally challenges much of today’s background infrastructure that most users do not even consider. Crypto is going mainstream in a big way, and DePIN is at the forefront of this movement.

GameFi Gaining Traction: Galaxy Fox ($GFOX) Leading Rally 

GameFi has rapidly been gaining traction, and