GPS Token Surges 20% Amid $8.47M Trading Frenzy, DePIN Momentum Fuels Market Interest

GPSUSDT experienced a significant price increase of 20.07% over the last 24 hours, rising from 0.0269 to 0.0323 according to Binance data. This sharp movement appears to be driven by heightened trading activity, with over 318 million GPS and $8.47 million USDT traded in a 10-minute period, suggesting strong market interest and possible accumulation. The recent news highlighting IoTeX and GEODNET’s decentralized GPS data network, which allows users to earn tokens by contributing GPS data, has likely contributed to positive sentiment and increased demand for GPS tokens. The integration of blockchain incentives with real-world GPS hardware has attracted attention, positioning GPS as a key player in the emerging DePIN (Decentralized Physical Infrastructure Networks) sector. Overall, GPS currently trades at 0.0323 with robust 24-hour volume and a market cap of approximately $48.5 million, reflecting its status as an actively traded mid-cap altcoin with strong recent momentum.