Why This Cycle Is Different for #DePIN 🔄
DeFi summer ($UNI , $AAVE ) - NFT era (BAYC, CryptoPunks) - Meme supercycle
Each cycle produced a dominant narrative that captured retail attention, institutional capital, and developer talent.
DePIN is positioned to be the defining narrative of this cycle for a structural reason that previous narratives lacked:
Ral-world revenue ✅
#DeFi protocols generate fees from on-chain activity. NFTs derive value from cultural consensus. Both are entirely internal to the crypto economy.
DePIN networks generate revenue from the physical world.
• Bandwidth sold to users in Nigeria.
• Location verification for supply chains in Indonesia.
• Satellite data purchased by enterprises that’ve never held crypto.
• Revenue that flows into token economies from external economic activity.
$SPACE sits at the center of this shift, with operational satellites, live pilots, and government and telecom partnerships.
$1-2/month users paying for a service they genuinely need.
The DePIN cycle is different because the revenue is real.
