Rootstock Infrastructure Framework (RIF)

Is DePIN dead or did the market just rotate out of the 'established' names into the ones actually shipping revenue?

Here's how top DePIN tokens have actually done YTD:

RIF: +208.61%
AKT: +51.54%
RENDER: +11.74%
TAO: -9.30%
ICP: -21.80%
TRAC: -28.21%
BTT: -29.16%
FIL: -42.58%
EGLD: -46.59%
AR: -48.75%
THETA: -47.85%
ATH: -47.06%
GLM: -53.79%
ZBCN: -16.75%

Only three of these fourteen tokens are green YTD, and the biggest winner by a wide margin is $RIF, a name that rarely shows up in DePIN conversation at all. $AKT quietly follows in second, up over 51%.

Meanwhile, the sector's most recognizable names, $FIL, $AR, $THETA, and $ATH, are all down 40% or more, with $GLM taking the hardest hit at nearly -54%.

|| Source: CoinMarketCap

Snipers have 1.4% of $RIF (CA G7zeUXZzTUa8iXeUcW5J8oK9zoK4WY75fzmwFMe5pump) supply, insiders have 8.1%, team holds 39.9% per devsnightmare. 31.7% locked for 3 days, Doji is the dev.

A time node cluster has 13.8% on the bubblemap. CEX map cluster has 40.5%. Binance funded wallets have 20.8%, Coinbase 23%, Mexc 4.3%, Bybit 4.7%, Kraken 4.4%.

Top 70 holders have 83.6%, top 10 have 17.8%, 1.16k holders with an averag ebag at $165. Nfa

#Bitcoin is facing pressure, but not every chart looks weak.

$RIF is showing relative strength and continues to hold above key support.

Long: $RIF
Buy: 0.1315–0.1335
SL: 0.1265
TP1: 0.1365
TP2: 0.1410
TP3: 0.1470
TP4: 0.1540

As long as support holds, I'm expecting buyers to challenge 0.1350 and push price into the next liquidity zone.

Trade smart. DYOR.

Shared in Collab with #CoinEx creator program. @coinexcreators