2023-11-22 21:06 |
Crypto analysts are marveling at Render Token's rendering of a price surge, as RNDR rises over 50% in 7 days even while pulling back slightly over 24 hours.
Similar to Notcoin - Blum - Airdrops In 2024
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Render (RNDR), the native token of the Ethereum-based AI-driven decentralized rendering network, Render, is witnessing a dramatic bullish surge that has propelled its price past the $8 mark, with investors eagerly eyeing a potential breakout toward the $10 milestone.
Render, the native token of decentralized graphics processing unit-based rendering solutions provider, has gone down by 13% in today’s trading. The token has reached its lowest recorded level in this week alone.
Altcoin Render (RENDER) outperformed over the past seven days amid Fed-triggered broad market revivals and bullish developments in the artificial intelligence space. The crypto gained 31% on its weekly chart, leading to a break above a downward trendline.
AI-focused tokens led by NEAR Protocol (NEAR), Internet Computer (ICP), Artificial Superintelligence Alliance (FET), Bittensor (TAO), Render (RENDER), and The Graph (GRT) are experiencing significant price surges, driven by anticipation surrounding the upcoming second-quarter earnings report from Nvidia, a key player in the AI industry.
Render continues its bullish rally with a cool 11% increase as noted by CoinGecko. Although the market has dipped slightly, the majority of it is still flashing green with the major cryptocurrencies reaching their respective targets.
Nvidia stock crawled back on Monday, Aug. 5, giving all asset class investors hope that a buy-the-dip opportunity exists. Is this all a big dead cat bounce? Nvidia stock traded as low as $90.69 on Aug. 5 and investors sensed…
With the 2025 bull run around the corner, the Render Network price can rise dramatically. The surge in demand for 3D graphics in entertainment raises the question: Could RENDER soar to $25 by 2025? Let’s explore the factors at play.…