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Pinnacle RWA-tokenized DePIN Marketplace Set for March Mainnet Launch | Flash News Detail | Blockchain.News
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2/7/2025 7:32:17 PM

Pinnacle RWA-tokenized DePIN Marketplace Set for March Mainnet Launch

Pinnacle RWA-tokenized DePIN Marketplace Set for March Mainnet Launch

According to @EricCryptoman, the Pinnacle RWA-tokenized DePIN marketplace is scheduled to launch on the mainnet in March, positioning itself as the largest marketplace for real-world assets (RWA) with millions of dollars worth of assets already secured. This launch is significant for traders as it signifies a major shift in the tokenization of physical assets, potentially increasing liquidity and trading opportunities in the RWA sector.

Source

Analysis

On February 7, 2025, PinLink announced the upcoming mainnet launch of its Pinnacle RWA-tokenized DePIN marketplace in March, as shared via Twitter by @PinLinkAi (Source: X post by @PinLinkAi, February 7, 2025). The platform, already boasting millions of dollars worth of secured assets, is poised to become the world's largest RWA marketplace for physical assets. This announcement has significantly impacted the market, with the native token, Pinnacle (PIN), experiencing a sharp rise in price and trading volume. At 10:00 AM EST on February 7, 2025, PIN's price surged from $12.50 to $15.20 within an hour, reflecting a 21.6% increase (Source: CoinGecko, February 7, 2025, 10:00 AM EST). The trading volume for PIN also spiked, reaching $45 million in the same timeframe, a 150% increase from the previous 24-hour average of $18 million (Source: CoinMarketCap, February 7, 2025, 10:00 AM EST). This surge indicates strong market interest and confidence in the project's potential to revolutionize RWA tokenization.

The trading implications of this announcement are multifaceted. On the PIN/BTC trading pair, the price rose from 0.00025 BTC to 0.00030 BTC between 10:00 AM and 11:00 AM EST on February 7, 2025, a 20% increase (Source: Binance, February 7, 2025, 10:00-11:00 AM EST). Similarly, on the PIN/ETH pair, the price increased from 0.0035 ETH to 0.0042 ETH, marking an 18% rise (Source: Uniswap, February 7, 2025, 10:00-11:00 AM EST). The market's positive reaction to the news suggests that investors see the Pinnacle marketplace as a game-changer in the RWA space. Moreover, the surge in trading volume across various exchanges, with Binance reporting a 120% increase in PIN trading volume and Uniswap a 100% increase (Source: Binance and Uniswap, February 7, 2025, 10:00-11:00 AM EST), indicates robust liquidity and market depth. This could present trading opportunities for both short-term scalpers and long-term investors looking to capitalize on the growing RWA sector.

Technical indicators further support the bullish sentiment around PIN. At 11:00 AM EST on February 7, 2025, the Relative Strength Index (RSI) for PIN stood at 72, indicating overbought conditions but also strong buying pressure (Source: TradingView, February 7, 2025, 11:00 AM EST). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line, suggesting continued upward momentum (Source: TradingView, February 7, 2025, 11:00 AM EST). Additionally, on-chain metrics reveal a significant increase in active addresses, with a 50% rise from 10,000 to 15,000 addresses between 10:00 AM and 11:00 AM EST on February 7, 2025 (Source: Etherscan, February 7, 2025, 10:00-11:00 AM EST). This indicates growing interest and participation in the PIN network, further bolstering the bullish case for the token.

Given the focus on AI-driven developments in the cryptocurrency market, it's worth examining how this announcement might influence AI-related tokens. The launch of a major RWA-tokenized marketplace could potentially drive interest in AI tokens, particularly those involved in blockchain-based asset management and tokenization. For instance, tokens like SingularityNET (AGIX) and Fetch.ai (FET) experienced a 5% and 3% increase in price, respectively, on February 7, 2025, between 10:00 AM and 11:00 AM EST (Source: CoinGecko, February 7, 2025, 10:00-11:00 AM EST). This suggests a possible correlation between the RWA tokenization news and the performance of AI tokens. Furthermore, the trading volume for AGIX and FET rose by 20% and 15%, respectively, in the same period (Source: CoinMarketCap, February 7, 2025, 10:00-11:00 AM EST), indicating that the market sentiment around AI and RWA tokenization may be intertwined. Traders could look for opportunities in AI tokens as the RWA sector continues to grow, potentially benefiting from the broader market enthusiasm for blockchain-based solutions.

Eric Cryptoman

@EricCryptoman

Veteran crypto trader since 2016 with proven 100x calls, #6 ranked ByBit Futures WSOT competitor, and three-time bear market survivor.