Peaq & Its Ecosystem Offer Long-term Growth Potential

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2 Jan 2025

In Search Of Solid Projects
Many investors look for a project they can confidently invest in over a long-term basis. These are usually investors looking to DCA into the market. Ideally, such an investment must be stable, yet susceptible to significant growth and adoption. This type of investment can often be found within an up-and-coming niche primed for future and long-term growth.
Solana was once such a project and investors who decided to DCA into this particular Layer1 throughout 2020 were well rewarded in 2021. These investors would still be enormously profitable at Solana’s current valuation. You must remember that Solana’s ICO price was a mere $0.22. You can’t go wrong getting in at these levels. A blockchain destined to be home to devs, memecoins, and more recently, DePIN projects.
Solana was one of the most active blockchains regarding development and adoption in 2023 and 2024. These are the types of investment opportunities investors looking to DCA should consider. Regarding Solana, there were a couple of telltale signs of future greatness even in the early days. An inexpensive and scalable blockchain with industry support to name a few. Looking at Peaq and its ever-expanding ecosystem reminds me of Solana during its formative stages.
What Makes Peaq Great?
Firstly, Peaq is a Layer1 blockchain exclusively for DePIN projects and already has approximately 50 DePIN projects within its ecosystem. At the moment, Peaq and Solana are the top blockchains being chosen by DePIN developers. This puts Peaq at the front of the line and when you consider that the DePIN sector is expected to reach $3.5 trillion by 2028, the puzzle comes together.
Despite rallying more than 1000% since its recent launch, Peaq is one of the most undervalued projects. It falls into the category known as value investing, a practice made famous by Benjamin Graham and Warren Buffet. This occurs when the price of an asset is significantly less than its intrinsic value or fair value based on its operations, assets, and other fundamentals.
Peaq should be a multi-billion dollar project. However, it is currently valued at $433 million, after a 14% pump today. PEAQ began trading at $0.05 and is currently trading at $0.66 with a local high of $0.75. The overall market sentiment has suppressed altcoins. Peaq, however, is one of the few projects resisting this pressure.

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PEAQ is likely to rally hard once altcoins take off and is showing strong signs of investor confidence and a high-caliber ranking. Furthermore, PEAQ tokens can be staked, ensuring additional yield on your investment. Staking is always attractive to me, as I view holdings as a “business” more than an investment. In other words, anyone who bought SOL at $0.22 never has to worry about selling.
They can stake their SOL indefinitely and enjoy a favorable yield regardless of the market or price of SOL. PEAQ at $10 is still incredibly low when you consider the future of DePIN and the fact that Peaq is leading the charge together with Solana. I view PEAQ as a new “type” of Solana. The potential upside is enormous and as development unfolds, expect the price to continue trending higher.

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Final Thoughts
Peaq is a quality project likely to surpass a dollar very soon. Numerous catalysts are lining up to propel this project into the limelight. Three of my favorite DePIN earners on Peaq are Kaisar Network, Teneo, and DeNet. Use the code 8cTvc for an additional 1000 Teneo Points. These projects are yet to launch their tokens. However, users can mine a future airdropped allocation by installing and running a node on their devices. Some also offer future PEAQ earnings. Don’t miss out on PEAQ! See you next time!

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Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.