DePIN coins like Lumerin, Destra Network, AIOZ Network, StorX Network, and Storj show promising gains for August 2024. Destra Network led with a 33% rise, followed by notable increases in Lumerin (28%), AIOZ Network (22%), Storj, and StorX Network.
The article discusses five Real World Asset (RWA) altcoins to watch in August 2024: Avalanche, Maker, Lumerin, MANTRA, and Maple. It provides details on their current performance, potential growth, and price targets.
Three altcoins—Undead Games (UDS), zKML (ZKML), and Lumerin (LMR)—are poised for potential gains in August 2024. UDS, a gaming token, rose by 222% recently. ZKML, in the AI sector, increased by 394%. LMR, a Real World Asset token, surged by 142% in July.
Lumerin launched its decentralized AI project, Morpheus, on the Arbitrum test network, aiming to avoid centralization pitfalls.
Bitcoin miners help expand the use of renewable energy and balance energy networks, says Ryan Condron, co-founder of Lumerin.
Lumerin and Quai announced a strategic partnership to expand access to Bitcoin mining by combining their expertise in decentralized data routing and Layer-1 crypto networks. This aims at facilitating on-chain trading of compute power.
Lumerin, Morpheus, and Exabits are collaborating to create a blockchain-based AI agent economy, though they face talent and time challenges.