DePIN's popularity continues to rise, with IOTX briefly touching $0.09 on Coinbase, representing a seven-day increase of over 50%.

BlockBeats News, December 3rd. In the early hours today, a price anomaly occurred on the Coinbase platform for IOTX, briefly touching $0.09. The current price on various major exchanges has risen to around $0.06, with a price increase of over 50% in the past 7 days.

Recently, the DeFi + IoT track has seen increasing popularity. As an infrastructure platform, IoTeX has been actively engaged, driving the DeFi + IoT ecosystem through the IoTeX Season of DeFI + IoT event, leading to significant on-chain data growth. The number of monthly active addresses has surpassed 120,000, with DeFi + IoT and AI-related memes attracting a large number of new users.

In the context of the decentralization of Trump's crypto policy, projects that have been deeply cultivating the industry for many years are gradually gaining market attention. It is reported that the IoTeX team has been invited to attend a seminar organized by the Washington Blockchain Association next week to engage in deep discussions with US policymakers on the compliant development and policy prospects of IoT, DeFi + IoT, and IoTeX.