Investor interest in robotics-focused tokens has picked up in September, with analysts increasingly weighing in. Leading the surge, PEAQ, a standout altcoin in the sector, has jumped nearly 90% since the start of the month.
Although PEAQ’s market capitalization and trading volume remain small compared to major cryptocurrencies, the strong rally signals rising interest in robotics and related technologies.
What Drives PEAQ’s Price in September?
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PEAQ is a layer-1 blockchain designed specifically to support the Machine Economy, where decentralized physical infrastructure networks (DePIN) and robots play a central role.
By Q3, the project reported 2.1 million users and nearly 3 million machines in its ecosystem. Growth charts for humans and machines reveal rapid adoption since the beginning of the year.
Initially, the project gained recognition as a contender in the DePIN and RWA sectors. However, due to its unique application focus, CoinMarketCap and CoinGecko placed it in a new category called “robotics,” alongside a handful of similar projects.
A recent BeInCrypto report highlighted robotics tokens as one of three narratives with potential to shine during the accelerating altcoin season.
“PEAQ is leading the trend in Robotics and DePIN. DePIN brings devices and machines online, offering goods and services, building the supply side of the Machine Economy. Robots
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Author: Nhat Hoang
