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Render (RNDR) Price Dips After 27% Surge: Here’s Why
After an impressive 27% surge in RNDR’s price over the past week, the Render token faced a setback today. Let’s explore what might have led to this price decline.
In a surprising twist, RNDR, the token of the Render Network, showed a pullback on May 11, following an impressive bull run seen over the past week. After climbing 27.30% during the week, RNDR’s price dropped by nearly 3% in the last 24 hours, aligning with various market indicators. Let’s delve deeper into these metrics and what they suggest for the long-term future of the Render token.
GSR Markets’ RNDR Deposit Sparks Short-Term Volatility
A recent post by the on-chain analytics platform ‘The Data Nerd’ revealed a significant development: address 0x537, purportedly associated with GSR Markets, a prominent digital asset market maker, deposited a substantial 500,000 RNDR tokens, valued at $5.56 million, into Binance. This action seems to have played a pivotal role in driving the token’s current price movement into negative territory.
Interestingly, the address still retains 550,000 RNDR tokens, amounting to $6.07 million. Additionally, the remarkable weekly gains observed in the Render token coincide with a notable surge in whale activity, contributing to its upward price trajectory. Moreover, the recent surge in AI and Big Data projects has further bolstered a bullish trend in the AI coin.
While these developments have sparked market sentiments of short-term volatility, the token’s long-term price trajectory continues to aim for higher levels despite the slip observed today.
RNDR Price Analysis: Market Correction Amidst Bullish Momentum
At present, RNDR’s price has experienced a 3.50% decline over the past 24 hours, settling at $10.93. The AI token’s market capitalization has similarly decreased by 3.81%, reaching $4.24 billion, accompanied by a notable 15.09% drop in 24-hour trading volume to $458.78 million.
According to Coinglass data, RNDR’s open interest has fallen by 1.99% to $183.09 million, while derivatives volume has decreased by 6.41% to $734.18 million. These figures indicate a decline in investor interest and market activity, providing a rationale for today’s downturn in the token’s movement.
Simultaneously, the Relative Strength Index (RSI) stands at 65, suggesting a prevailing buying sentiment in the market. This indicates that the token has not yet reached overbought territory, implying potential gains in the future. However, the market could witness a price correction upon entering overbought territory.
On the flip side, with RNDR recording approximately a 27% gain over the past week, concerns regarding an impending price correction have begun to surface.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#RENDER #RNDR
In a surprising twist, RNDR, the token of the Render Network, showed a pullback on May 11, following an impressive bull run seen over the past week. After climbing 27.30% during the week, RNDR’s price dropped by nearly 3% in the last 24 hours, aligning with various market indicators. Let’s delve deeper into these metrics and what they suggest for the long-term future of the Render token.
GSR Markets’ RNDR Deposit Sparks Short-Term Volatility
A recent post by the on-chain analytics platform ‘The Data Nerd’ revealed a significant development: address 0x537, purportedly associated with GSR Markets, a prominent digital asset market maker, deposited a substantial 500,000 RNDR tokens, valued at $5.56 million, into Binance. This action seems to have played a pivotal role in driving the token’s current price movement into negative territory.
Interestingly, the address still retains 550,000 RNDR tokens, amounting to $6.07 million. Additionally, the remarkable weekly gains observed in the Render token coincide with a notable surge in whale activity, contributing to its upward price trajectory. Moreover, the recent surge in AI and Big Data projects has further bolstered a bullish trend in the AI coin.
While these developments have sparked market sentiments of short-term volatility, the token’s long-term price trajectory continues to aim for higher levels despite the slip observed today.
RNDR Price Analysis: Market Correction Amidst Bullish Momentum
At present, RNDR’s price has experienced a 3.50% decline over the past 24 hours, settling at $10.93. The AI token’s market capitalization has similarly decreased by 3.81%, reaching $4.24 billion, accompanied by a notable 15.09% drop in 24-hour trading volume to $458.78 million.
According to Coinglass data, RNDR’s open interest has fallen by 1.99% to $183.09 million, while derivatives volume has decreased by 6.41% to $734.18 million. These figures indicate a decline in investor interest and market activity, providing a rationale for today’s downturn in the token’s movement.
Simultaneously, the Relative Strength Index (RSI) stands at 65, suggesting a prevailing buying sentiment in the market. This indicates that the token has not yet reached overbought territory, implying potential gains in the future. However, the market could witness a price correction upon entering overbought territory.
On the flip side, with RNDR recording approximately a 27% gain over the past week, concerns regarding an impending price correction have begun to surface.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#RENDER #RNDR
RNDR Surges 11% Following Apple’s Mention of Octane
Traders noticed a quick, three-second mention of Render’s Octane software in an Apple promotional video. This discovery came at a time when RNDR had already experienced notable price gains earlier in the week.
After Apple briefly referenced Octane, a 3D design software powered by the Render Network, in its keynote presentation showcasing the M4 chip on its latest iPad, Render Token (RNDR) saw a significant 11% jump in its price.
Apple’s Mention of Octane Boosts RNDR Price
During Apple’s keynote presentation, a brief 3-second mention of Octane, a 3D design software powered by the Render Network, by Apple’s vice president of platform architecture, Tim Millet, caught the attention of traders. Several commentators credited this mention for contributing to the upward swing in RNDR’s price observed over the last week.
Millet highlighted Octane’s performance on the new iPad, stating, “Pro rendering apps like Octane will flat-out fly.”
A pseudonymous crypto trader, D0c Crypto, pointed out the visibility of the $RNDR logo in the video, confirming the mention.
The 11% price spike following the May 8 announcement added to RNDR’s overall 40% increase over the past seven days. As of the publication time, Render is trading at $11.16, according to CoinMarketCap data.
Despite Bitcoin’s falling price, pseudonymous crypto trader Mister Crypto noted RNDR’s indifference, highlighting its robust performance. In contrast, Bitcoin gained 5.5% over the same seven-day period, trading at $62,876.
AI Tokens Surge Amidst Investor Greed
This week has seen notable gains in various artificial intelligence (AI) tokens. Fetch.ai (FET) has risen by 12.88%, The Graph (GRT) by 20.28%, and SingularityNET (AGIX) by 16.18%.
The Fear and Greed Index, which gauges investor sentiment, currently reflects a sense of “greed” among traders, scoring 66 as of May 10, marking an 11-point increase from the previous day.
Traders are poised to closely monitor AI tokens in the coming weeks, particularly with Nvidia, a major producer of graphics processing units (GPUs), scheduled to release its Q1 2024 earnings report on May 22.
Traders have previously noted a correlation between the performance of AI tokens and Nvidia shares. Ahead of Nvidia’s earnings report in May, traders viewed the slight dip in AI tokens across the board in April as a buying opportunity.
Crypto trader CryptoGodJohn highlighted the potential for excitement leading into Nvidia’s earnings on May 22. Since their statement on April 27, Render has surged by 33%, while Fetch.ai has seen a 6.5% increase.
Nvidia’s stock reached its 30-day high on May 6, beginning the trading week at $921.40, according to Google Finance data.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#RNDR #RENDER
After Apple briefly referenced Octane, a 3D design software powered by the Render Network, in its keynote presentation showcasing the M4 chip on its latest iPad, Render Token (RNDR) saw a significant 11% jump in its price.
Apple’s Mention of Octane Boosts RNDR Price
During Apple’s keynote presentation, a brief 3-second mention of Octane, a 3D design software powered by the Render Network, by Apple’s vice president of platform architecture, Tim Millet, caught the attention of traders. Several commentators credited this mention for contributing to the upward swing in RNDR’s price observed over the last week.
Millet highlighted Octane’s performance on the new iPad, stating, “Pro rendering apps like Octane will flat-out fly.”
A pseudonymous crypto trader, D0c Crypto, pointed out the visibility of the $RNDR logo in the video, confirming the mention.
The 11% price spike following the May 8 announcement added to RNDR’s overall 40% increase over the past seven days. As of the publication time, Render is trading at $11.16, according to CoinMarketCap data.
Despite Bitcoin’s falling price, pseudonymous crypto trader Mister Crypto noted RNDR’s indifference, highlighting its robust performance. In contrast, Bitcoin gained 5.5% over the same seven-day period, trading at $62,876.
AI Tokens Surge Amidst Investor Greed
This week has seen notable gains in various artificial intelligence (AI) tokens. Fetch.ai (FET) has risen by 12.88%, The Graph (GRT) by 20.28%, and SingularityNET (AGIX) by 16.18%.
The Fear and Greed Index, which gauges investor sentiment, currently reflects a sense of “greed” among traders, scoring 66 as of May 10, marking an 11-point increase from the previous day.
Traders are poised to closely monitor AI tokens in the coming weeks, particularly with Nvidia, a major producer of graphics processing units (GPUs), scheduled to release its Q1 2024 earnings report on May 22.
Traders have previously noted a correlation between the performance of AI tokens and Nvidia shares. Ahead of Nvidia’s earnings report in May, traders viewed the slight dip in AI tokens across the board in April as a buying opportunity.
Crypto trader CryptoGodJohn highlighted the potential for excitement leading into Nvidia’s earnings on May 22. Since their statement on April 27, Render has surged by 33%, while Fetch.ai has seen a 6.5% increase.
Nvidia’s stock reached its 30-day high on May 6, beginning the trading week at $921.40, according to Google Finance data.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#RNDR #RENDER
Why Chainlink (LINK) Is Your Top Altcoin Pick Right Now!
In particular, the Render (RNDR) token has seen a 3% increase in the last day and a significant 33.72% surge over the past week. Its Year-to-Date (YTD) return is an impressive 119.28%, signaling optimism for its future performAnalyzing Render Token’s Price Trends and Potential Breakout
The hype surrounding AI tokens has propelled the price of Render (RNDR) after a relatively neutral start to 2024. The token surged approximately 285%, hitting a new all-time high (ATH) of $13.840 on March 17th.
However, the bullish momentum waned, leading to a correction of 48.69% in RNDR’s portfolio. Currently, the RNDR price is forming a symmetric triangle pattern in the 1-day (1D) timeframe, indicating a potential breakout whose outcome remains uncertain.
The Relative Strength Index (RSI) reflects a notable uptick, signaling increased buying sentiment in the crypto market. Additionally, the moving averages demonstrate a bullish trend, suggesting that the price may continue to appreciate in the near future.
Analyzing RNDR’s Potential Price Movements
If the market successfully breaks out of the resistance trendline, bullish momentum will likely persist, with bulls aiming to test the $11.325 resistance level. Sustaining the price at this level could pave the way for RNDR to challenge its
Conversely, in the event of a bearish trend reversal, RNDR’s price may lose momentum and test its support level at $8.985. Further bearish pressure could lead to a drop towards the critical support level of $7.100.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the
#RNDR #RENDER
The hype surrounding AI tokens has propelled the price of Render (RNDR) after a relatively neutral start to 2024. The token surged approximately 285%, hitting a new all-time high (ATH) of $13.840 on March 17th.
However, the bullish momentum waned, leading to a correction of 48.69% in RNDR’s portfolio. Currently, the RNDR price is forming a symmetric triangle pattern in the 1-day (1D) timeframe, indicating a potential breakout whose outcome remains uncertain.
The Relative Strength Index (RSI) reflects a notable uptick, signaling increased buying sentiment in the crypto market. Additionally, the moving averages demonstrate a bullish trend, suggesting that the price may continue to appreciate in the near future.
Analyzing RNDR’s Potential Price Movements
If the market successfully breaks out of the resistance trendline, bullish momentum will likely persist, with bulls aiming to test the $11.325 resistance level. Sustaining the price at this level could pave the way for RNDR to challenge its
Conversely, in the event of a bearish trend reversal, RNDR’s price may lose momentum and test its support level at $8.985. Further bearish pressure could lead to a drop towards the critical support level of $7.100.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the
#RNDR #RENDER
RNDR Surges 34%: New ATH in May?
Despite ups and downs in the crypto market, Artificial Intelligence (AI) coins are showing strong upward trends, boosting investors’ portfolios.
In particular, the Render (RNDR) token has seen a 3% increase in the last day and a significant 33.72% surge over the past week. Its Year-to-Date (YTD) return is an impressive 119.28%, signaling optimism for its future performance.
Analyzing Render Token’s Price Trends and Potential Breakout
The hype surrounding AI tokens has propelled the price of Render (RNDR) after a relatively neutral start to 2024. The token surged approximately 285%, hitting a new all-time high (ATH) of $13.840 on March 17th.
However, the bullish momentum waned, leading to a correction of 48.69% in RNDR’s portfolio. Currently, the RNDR price is forming a symmetric triangle pattern in the 1-day (1D) timeframe, indicating a potential breakout whose outcome remains uncertain.
The Relative Strength Index (RSI) reflects a notable uptick, signaling increased buying sentiment in the crypto market. Additionally, the moving averages demonstrate a bullish trend, suggesting that the price may continue to appreciate in the near future.
Analyzing RNDR’s Potential Price Movements
If the market successfully breaks out of the resistance trendline, bullish momentum will likely persist, with bulls aiming to test the $11.325 resistance level. Sustaining the price at this level could pave the way for RNDR to challenge its upper resistance at $13.840 by the end of the month.
Conversely, in the event of a bearish trend reversal, RNDR’s price may lose momentum and test its support level at $8.985. Further bearish pressure could lead to a drop towards the critical support level of $7.100.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#RNDR #RENDER
In particular, the Render (RNDR) token has seen a 3% increase in the last day and a significant 33.72% surge over the past week. Its Year-to-Date (YTD) return is an impressive 119.28%, signaling optimism for its future performance.
Analyzing Render Token’s Price Trends and Potential Breakout
The hype surrounding AI tokens has propelled the price of Render (RNDR) after a relatively neutral start to 2024. The token surged approximately 285%, hitting a new all-time high (ATH) of $13.840 on March 17th.
However, the bullish momentum waned, leading to a correction of 48.69% in RNDR’s portfolio. Currently, the RNDR price is forming a symmetric triangle pattern in the 1-day (1D) timeframe, indicating a potential breakout whose outcome remains uncertain.
The Relative Strength Index (RSI) reflects a notable uptick, signaling increased buying sentiment in the crypto market. Additionally, the moving averages demonstrate a bullish trend, suggesting that the price may continue to appreciate in the near future.
Analyzing RNDR’s Potential Price Movements
If the market successfully breaks out of the resistance trendline, bullish momentum will likely persist, with bulls aiming to test the $11.325 resistance level. Sustaining the price at this level could pave the way for RNDR to challenge its upper resistance at $13.840 by the end of the month.
Conversely, in the event of a bearish trend reversal, RNDR’s price may lose momentum and test its support level at $8.985. Further bearish pressure could lead to a drop towards the critical support level of $7.100.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#RNDR #RENDER
All Eyes on #RENDER 90% We Will See All Time High of $RNDR Very Soon….!
Also Number 2 - $STX Possibility 70%
And Number 3 - $WLD Possibility 60%
Follow Our #COPYTRADING Share Our Profits.
#ai #altcoins #buythedip
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STANDARDPAY
Also Number 2 - $STX Possibility 70%
And Number 3 - $WLD Possibility 60%
Follow Our #COPYTRADING Share Our Profits.
#ai #altcoins #buythedip
Sincerely,
STANDARDPAY
STANDARDPAY
PNL 7Η
-363.24
ROI 7Η
-15.45%
Περιουσιακά στοιχεία υπό διαχείριση
$2035.83
MDD
20.86%
Ποσοστό επιτυχίας
60
RNDR, the native token of the Render Network, experienced bullish momentum after hitting a low of $7, rising 10.68% in the last 24 hours to reach $10.06.
The token's market cap is currently at $3.89 billion, ranking it as the 27th largest cryptocurrency.
#RNDR #RENDER #RenderNetwork #Rndrusdt #CryptoWatchMay2024
The token's market cap is currently at $3.89 billion, ranking it as the 27th largest cryptocurrency.
#RNDR #RENDER #RenderNetwork #Rndrusdt #CryptoWatchMay2024
Render Token (RNDR)
Render is one of the original artificial intelligence DePIN projects. It is currently the second-largest DePIN project in terms of market capitalization. The project has a simple goal: to create a platform where artists can access computing power to create AI-generated artworks. The advancement of artificial intelligence has created a huge demand for GPU resources, which Render aims to address. The network connects individuals with GPUs to users in need, rewarding contributors with RNDR tokens.
Render also provides a robust ecosystem for developers and artists to create and manage AI-powered applications. According to Coingecko, Render is one of the top DePIN projects in 2024. Interestingly, Render is not just a DePIN project but also a major player in the field of artificial intelligence. Render uses artificial intelligence to improve computing processes and network performance.
#RENDER $RNDR
Render is one of the original artificial intelligence DePIN projects. It is currently the second-largest DePIN project in terms of market capitalization. The project has a simple goal: to create a platform where artists can access computing power to create AI-generated artworks. The advancement of artificial intelligence has created a huge demand for GPU resources, which Render aims to address. The network connects individuals with GPUs to users in need, rewarding contributors with RNDR tokens.
Render also provides a robust ecosystem for developers and artists to create and manage AI-powered applications. According to Coingecko, Render is one of the top DePIN projects in 2024. Interestingly, Render is not just a DePIN project but also a major player in the field of artificial intelligence. Render uses artificial intelligence to improve computing processes and network performance.
#RENDER $RNDR
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Which are the Artificial Intelligence-Focused DePIN Coins? Detailed Review!
Artificial intelligence-focused DePIN coins are one of the most popular trends in Web3, which signifies decentralized physical infrastructure networks. Crypto investors are pouring millions of dollars into the DePIN sector, which has already reached a market capitalization of $25 billion. These projects use blockchain technology to improve, maintain, and manage infrastructure, aiming to create a more decentralized and transparent system.
The role of DePIN in Web3 and artificial intelligence is revolutionary. The integration of these sectors enhances security, ownership, and simplifies access to resources. The best part: Artificial intelligence-based DePIN tokens are in high demand. As market sentiment improves, these tokens could be game-changers for your portfolio. This article highlights some of the best-performing artificial intelligence-based DePIN tokens.
Render Token (RNDR) , The Graph (GRT) , Akash Network (AKT) ,
AIOZ Network (AIOZ) , Ocean Protocol (OCEAN) , Golem (GLM) , OriginTrail (TRAC) , iExec (RLC)
Artificial intelligence-focused DePIN coins are one of the most popular trends in Web3, which signifies decentralized physical infrastructure networks. Crypto investors are pouring millions of dollars into the DePIN sector, which has already reached a market capitalization of $25 billion. These projects use blockchain technology to improve, maintain, and manage infrastructure, aiming to create a more decentralized and transparent system.
The role of DePIN in Web3 and artificial intelligence is revolutionary. The integration of these sectors enhances security, ownership, and simplifies access to resources. The best part: Artificial intelligence-based DePIN tokens are in high demand. As market sentiment improves, these tokens could be game-changers for your portfolio. This article highlights some of the best-performing artificial intelligence-based DePIN tokens.
Render Token (RNDR) , The Graph (GRT) , Akash Network (AKT) ,
AIOZ Network (AIOZ) , Ocean Protocol (OCEAN) , Golem (GLM) , OriginTrail (TRAC) , iExec (RLC)
Top 3 Cryptocurrencies to Keep an Eye on in 2024
RenderToken (RNDR) is a platform that is built on blockchain technology that gives artists and studios the ability to utilize GPU rendering capabilities.
Injective (INJ) is a leading platform for decentralized financial applications (DeFi), delivering solid infrastructure, including decentralized order books on the blockchain. Injective is a cryptocurrency.
A blockchain is not the only thing that Fantom (FTM) is; it is also a decentralized smart contract platform that addresses speed concerns that are present in platforms such as Ethereum.
Render (RNDR)
To fully use GPU rendering capabilities, artists and studios may use RenderToken (RNDR-USD), which is essentially a creative powerhouse on the blockchain. If you can see it, it would be a platform where miners are eager to lend their GPU capabilities to artists that require computing power.
Conceptualized in 2009 by the late great Jules Urbach, RNDR did not formally launch until 2017. In October of same year, it had its public token sale, selling around 117 million RNDR tokens at a price of $0.25 USD apiece. The private sale ran from January to May of 2018.
The good news is that they have created a superhero charity called The Render Network Foundation, whose mission is to support and promote the RNDR protocol and community. With the march toward decentralization, control is shifting to the community, giving the people more authority.
As of 2017, RNDR was the biggest decentralized GPU computing and cloud rendering network in the world, capable of rendering over half a million scenes and 16 million frames.
The foundation plays a crucial function. It manages the Render Network Proposal (RNP) system, which allows community involvement in strategic choices, and distributes funds to back these proposals.
There will be no departure of the RNDR brains, including OTOY Inc. and the core developers; they will remain to offer their insight. But today, with the help of the foundation's new leadership and advisory staff, the community and its ideas are front and center.
Everything Elon has been creating and accumulating over the last twenty years... is about to come to a head with the unveiling of Project Dojo, Elon Musk's next major disruption.
Injective (INJ)
Exchanges, prediction markets, lending protocols, and other next-gen decentralized financial applications (DeFi) may all find a home on the Injective (INJ-USD) platform.
The blockchain's decentralized order books can resist any unscrupulous dealings and span a variety of financial markets; all of this is conducted directly on the blockchain, which is what makes it stand out.
The Ethereum Virtual Machine (EVM) isn't necessary for its compatibility; other blockchains, including Solana (SOL-USD), can utilize it. It uses the Cosmos SDK and has a Proof-of-Stake setup, so transactions are quick.
With support from prominent figures including as Binance, Pantera Capital, Jump Crypto, and the legendary Mark Cuban, the Injective gang is formidable, boasting over a hundred projects and an enormous worldwide network.
The central exchange module of Injective is like the beating heart of the system; it has a state-of-the-art blockchain order book, is impervious to manipulation, and customers pay no gas costs.
The "smart" component, smart contracts, are easily built with CosmWasm, allowing for smooth transactions between chains. Similar to a VIP ticket, the INJ token controls protocol upgrades, blockchain security, and the incentive program for new developers.
Regular traders may participate in the activity using Pre-release Futures on Helix, an exchange that is built on Injective. Trading Celestia (TIA-USD) and similar tokens before they formally launch is like having a backstage access.
Another ground-breaking move by Injective is their inEVM Layer 2 rollup solution, which enables native execution of Ethereum applications on its network. It's as if additional opportunities in the blockchain arena are being unlocked.
Fantom (FTM)
Instead of being merely another blockchain, Fantom (FTM-USD) aims to fix the speed problems that platforms like Ethereum are experiencing by use of decentralized smart contracts.
The Fantom Foundation launched it in 2019 with the goal of making decentralized apps (DApps) integration easier and giving built-in capabilities for decentralized finance (DeFi). It is open source and user-friendly.
The revolutionary consensus mechanism known as Lachesis is at the core of Fantom; it ensures the safety and quickness of transactions. Asynchronous, leaderless, Byzantine fault-tolerant, and promising near-instant finality—this blockchain isn't like any other.
The magic happens in Fantom's core network, which is called Opera. Its compatibility with the Solidity programming language and integration with the Ethereum Virtual Machine (EVM) make it ideal for decentralized applications (DApps) and allow for smooth platform interactions with Ethereum.
They just released Fantom Sonic, a revolutionary improvement that breaks all the rules with its new virtual machine, better storage, and optimized consensus. Users and developers may test out the lightning-fast speed on an existing network before the official launch in the spring of 2024.
Nevertheless, difficulties are plaguing even the powerful. A security breach involving a compromised wallet was reported in October. Thankfully, the issue was promptly resolved by the Fantom Foundation, in collaboration with a security researcher who was rewarded handsomely with $1.7 million.
#RENDER #Injective🔥 #fantom
Injective (INJ) is a leading platform for decentralized financial applications (DeFi), delivering solid infrastructure, including decentralized order books on the blockchain. Injective is a cryptocurrency.
A blockchain is not the only thing that Fantom (FTM) is; it is also a decentralized smart contract platform that addresses speed concerns that are present in platforms such as Ethereum.
Render (RNDR)
To fully use GPU rendering capabilities, artists and studios may use RenderToken (RNDR-USD), which is essentially a creative powerhouse on the blockchain. If you can see it, it would be a platform where miners are eager to lend their GPU capabilities to artists that require computing power.
Conceptualized in 2009 by the late great Jules Urbach, RNDR did not formally launch until 2017. In October of same year, it had its public token sale, selling around 117 million RNDR tokens at a price of $0.25 USD apiece. The private sale ran from January to May of 2018.
The good news is that they have created a superhero charity called The Render Network Foundation, whose mission is to support and promote the RNDR protocol and community. With the march toward decentralization, control is shifting to the community, giving the people more authority.
As of 2017, RNDR was the biggest decentralized GPU computing and cloud rendering network in the world, capable of rendering over half a million scenes and 16 million frames.
The foundation plays a crucial function. It manages the Render Network Proposal (RNP) system, which allows community involvement in strategic choices, and distributes funds to back these proposals.
There will be no departure of the RNDR brains, including OTOY Inc. and the core developers; they will remain to offer their insight. But today, with the help of the foundation's new leadership and advisory staff, the community and its ideas are front and center.
Everything Elon has been creating and accumulating over the last twenty years... is about to come to a head with the unveiling of Project Dojo, Elon Musk's next major disruption.
Injective (INJ)
Exchanges, prediction markets, lending protocols, and other next-gen decentralized financial applications (DeFi) may all find a home on the Injective (INJ-USD) platform.
The blockchain's decentralized order books can resist any unscrupulous dealings and span a variety of financial markets; all of this is conducted directly on the blockchain, which is what makes it stand out.
The Ethereum Virtual Machine (EVM) isn't necessary for its compatibility; other blockchains, including Solana (SOL-USD), can utilize it. It uses the Cosmos SDK and has a Proof-of-Stake setup, so transactions are quick.
With support from prominent figures including as Binance, Pantera Capital, Jump Crypto, and the legendary Mark Cuban, the Injective gang is formidable, boasting over a hundred projects and an enormous worldwide network.
The central exchange module of Injective is like the beating heart of the system; it has a state-of-the-art blockchain order book, is impervious to manipulation, and customers pay no gas costs.
The "smart" component, smart contracts, are easily built with CosmWasm, allowing for smooth transactions between chains. Similar to a VIP ticket, the INJ token controls protocol upgrades, blockchain security, and the incentive program for new developers.
Regular traders may participate in the activity using Pre-release Futures on Helix, an exchange that is built on Injective. Trading Celestia (TIA-USD) and similar tokens before they formally launch is like having a backstage access.
Another ground-breaking move by Injective is their inEVM Layer 2 rollup solution, which enables native execution of Ethereum applications on its network. It's as if additional opportunities in the blockchain arena are being unlocked.
Fantom (FTM)
Instead of being merely another blockchain, Fantom (FTM-USD) aims to fix the speed problems that platforms like Ethereum are experiencing by use of decentralized smart contracts.
The Fantom Foundation launched it in 2019 with the goal of making decentralized apps (DApps) integration easier and giving built-in capabilities for decentralized finance (DeFi). It is open source and user-friendly.
The revolutionary consensus mechanism known as Lachesis is at the core of Fantom; it ensures the safety and quickness of transactions. Asynchronous, leaderless, Byzantine fault-tolerant, and promising near-instant finality—this blockchain isn't like any other.
The magic happens in Fantom's core network, which is called Opera. Its compatibility with the Solidity programming language and integration with the Ethereum Virtual Machine (EVM) make it ideal for decentralized applications (DApps) and allow for smooth platform interactions with Ethereum.
They just released Fantom Sonic, a revolutionary improvement that breaks all the rules with its new virtual machine, better storage, and optimized consensus. Users and developers may test out the lightning-fast speed on an existing network before the official launch in the spring of 2024.
Nevertheless, difficulties are plaguing even the powerful. A security breach involving a compromised wallet was reported in October. Thankfully, the issue was promptly resolved by the Fantom Foundation, in collaboration with a security researcher who was rewarded handsomely with $1.7 million.
#RENDER #Injective🔥 #fantom
Render Token price prediction: RNDR Shatters Key Barrier, Ready to Fly
Render token reached a high of $5.30 on December 26, 2023, followed by a retracement in price.Render coin price surged about 11% in the past day, hinting at a potential trend reversal.The daily chart shows an intersection of the 20 and 50 Day Moving Averages.On the 4-hour chart, Render token price is breaking the descending trendline.Coingabbar's analysis suggests that Render Token Price Prediction 2030 could reach a minimum of $10.
KEY LEVELS :
RESISTANCE LEVEL : $5.0000-$6.7000
SUPPORT LEVEL : $3.5000-$2.2000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
#RENDER @Coingabbar Analysis $RNDR #crypto2024 #dyor #DYOR🟢 #BinanceWish
KEY LEVELS :
RESISTANCE LEVEL : $5.0000-$6.7000
SUPPORT LEVEL : $3.5000-$2.2000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
#RENDER @Coingabbar Analysis $RNDR #crypto2024 #dyor #DYOR🟢 #BinanceWish
If You Would've Bought Just $100 Worth Of
$RNDR Back In 2020, Here's How Much
Money You Would Have Made... 💵
The amount will absolutely SHOCK YOU! 🤯
On June 16 2020, #RNDR hit it's all time low
of $0.03676, which would have given you
2720 tokens.
And Exactly A Year Later, On November 21
2021, #RENDER Reached It's All Time High
of $8.76
That's more than 230 Times Your Money!
Your $100 invested in #rendertoken would
have turned into $23,827 😉
That's A lot of money to change someone's
life ✈️
You could have made a huge amount of
money if you invested just $1000 in $RNDR in
2020!!!
Which Coin Should We Cover Next? 🤔
Drop It In The Comments Below! 👇
#CryptoTalks
support me guys are follow me 💪✅🙃
$RNDR Back In 2020, Here's How Much
Money You Would Have Made... 💵
The amount will absolutely SHOCK YOU! 🤯
On June 16 2020, #RNDR hit it's all time low
of $0.03676, which would have given you
2720 tokens.
And Exactly A Year Later, On November 21
2021, #RENDER Reached It's All Time High
of $8.76
That's more than 230 Times Your Money!
Your $100 invested in #rendertoken would
have turned into $23,827 😉
That's A lot of money to change someone's
life ✈️
You could have made a huge amount of
money if you invested just $1000 in $RNDR in
2020!!!
Which Coin Should We Cover Next? 🤔
Drop It In The Comments Below! 👇
#CryptoTalks
support me guys are follow me 💪✅🙃
Rally Report On RENDER
The price of $RNDR has rallied by 10% in the past 24 hours.
WHY?!
The rally follows the passing of ‘RNP-005: Beam Compute Client’ proposal. An overwhelming majority (99.17%) of the community voted in favour of the proposal. It has now moved onto the "Render Network Team Review" stage, which will test to see the technical feasibility of implementing the proposal.
Notably, investors are bullish as the proposal seeks to support the onboarding of cloud platform Beam, whose integration will enable Render’s decentralized GPU network to power machine learning (ML) workloads.
Disclaimer: Digital asset prices are subject to high market risk and price volatility, You are solely responsible for your investment decisions.
I'm just giving a Rally Report, I'm not liable for any losses you may incur. You should only invest in products you are familiar with and where you understand the risks.
#dyor #RENDER #RNDR
The price of $RNDR has rallied by 10% in the past 24 hours.
WHY?!
The rally follows the passing of ‘RNP-005: Beam Compute Client’ proposal. An overwhelming majority (99.17%) of the community voted in favour of the proposal. It has now moved onto the "Render Network Team Review" stage, which will test to see the technical feasibility of implementing the proposal.
Notably, investors are bullish as the proposal seeks to support the onboarding of cloud platform Beam, whose integration will enable Render’s decentralized GPU network to power machine learning (ML) workloads.
Disclaimer: Digital asset prices are subject to high market risk and price volatility, You are solely responsible for your investment decisions.
I'm just giving a Rally Report, I'm not liable for any losses you may incur. You should only invest in products you are familiar with and where you understand the risks.
#dyor #RENDER #RNDR
🚀🧠 **Render Token (RNDR) Price Analysis as a Top Crypto Asset** 🚀🧠
The excitement surrounding artificial intelligence (AI) tokens is gaining momentum, and Render Token stands out as a front-runner in this crypto rally alongside Fetch.AI. This AI token shows no signs of slowing down, maintaining its upward trajectory in the cryptocurrency market.
Render Token has emerged as one of the standout performers among AI tokens in 2023. It experienced a remarkable rally from a low of $0.5 to a high of $2 before encountering resistance and a subsequent pullback to around $1.3. Despite this, the price has demonstrated resilience in regaining bullish momentum.
RNDR/USDT successfully reclaimed its position above the 50-day EMA, signaling a shift in the trend from bearish to bullish. Both MACD and RSI indicators have turned bullish, aligning in favor of RNDR/USDT as it sets its sights on new highs.
With a strong breakout above the 50% Fibonacci (FIB) value, RNDR/USDT is poised for continued upward momentum. The resurgence of AI hype in the crypto space could further propel its price to new heights.
**Major RNDR/USDT Support Zone:** $2.9
**Major RNDR/USDT Resistance Zone:** $5
**MACD Trend:** Bullish
#RenderToken #cryptoanalysis #AIRevolution #RENDER 🚀🤖$RNDR
The excitement surrounding artificial intelligence (AI) tokens is gaining momentum, and Render Token stands out as a front-runner in this crypto rally alongside Fetch.AI. This AI token shows no signs of slowing down, maintaining its upward trajectory in the cryptocurrency market.
Render Token has emerged as one of the standout performers among AI tokens in 2023. It experienced a remarkable rally from a low of $0.5 to a high of $2 before encountering resistance and a subsequent pullback to around $1.3. Despite this, the price has demonstrated resilience in regaining bullish momentum.
RNDR/USDT successfully reclaimed its position above the 50-day EMA, signaling a shift in the trend from bearish to bullish. Both MACD and RSI indicators have turned bullish, aligning in favor of RNDR/USDT as it sets its sights on new highs.
With a strong breakout above the 50% Fibonacci (FIB) value, RNDR/USDT is poised for continued upward momentum. The resurgence of AI hype in the crypto space could further propel its price to new heights.
**Major RNDR/USDT Support Zone:** $2.9
**Major RNDR/USDT Resistance Zone:** $5
**MACD Trend:** Bullish
#RenderToken #cryptoanalysis #AIRevolution #RENDER 🚀🤖$RNDR
#RenderNetwork has launched an incentive program worth approximately 1.14 million #RENDER ( #RNDR ) tokens for distribution to its node operators. The program is set to distribute RNDR tokens to node operators who have joined the network via Compute Clients, with the first batch of 300,000 tokens scheduled for distribution by the end of the year. Render, known for its support of GPU-driven parallel workloads through its SDK, aims to attract new node operators, especially those focused on supporting AI and GPU-intensive computing. The partnership with io.net is expected to expand the use cases of Render's nodes beyond rendering to include ML applications. The RNDR token's price is currently at $2.23, with expectations of reaching a resistance level of $3 in the short term due to this incentivization program.
RNDR Token: Revolutionizing Decentralized GPU Rendering
Introduction:
RNDR token, at the forefront of decentralized GPU rendering, transforms the rendering industry through the OTOY project. This article explores the positive attributes, trust-building features, and factors contributing to RNDR's future growth.
Foundation: Understanding RNDR
1. Decentralized GPU Rendering:
RNDR pioneers a decentralized network for buying and selling GPU rendering power, revolutionizing efficiency and accessibility for content creators.
2. Empowering Content Creators:
RNDR democratizes access to rendering resources, empowering content creators in gaming, visual effects, and virtual reality.
Trust-Building Features:
1. Transparency Through Blockchain:
Blockchain technology ensures transparency, utilizing smart contracts and distributed ledgers for a trustless environment.
2. Decentralization for Reliability:
RNDR's decentralized nature enhances reliability by reducing reliance on a single authority, ensuring system resilience.
3. Incentivizing Participants:
The dual-sided incentive mechanism of RNDR tokens rewards users contributing GPU power, fostering active participation and ecosystem strength.
Future Outlook:
1. Growing Ecosystem:
RNDR's expanding user base enhances token utility, solidifying its position in the rendering industry.
2. Strategic Partnerships:
Potential collaborations within tech and entertainment industries may propel RNDR to new heights, establishing it as a key player.
3. Continuous Development:
Ongoing development and community engagement strengthen RNDR's sustainability, showcasing its commitment to innovation.
RNDR token, a beacon of innovation in decentralized rendering, reshapes the industry's future. With a focus on transparency, reliability, and user incentives, RNDR unlocks possibilities for content creators and rendering enthusiasts. As the ecosystem evolves, RNDR stands poised to play a pivotal role in the rendering landscape.
#RENDER #BTC #sol
Introduction:
RNDR token, at the forefront of decentralized GPU rendering, transforms the rendering industry through the OTOY project. This article explores the positive attributes, trust-building features, and factors contributing to RNDR's future growth.
Foundation: Understanding RNDR
1. Decentralized GPU Rendering:
RNDR pioneers a decentralized network for buying and selling GPU rendering power, revolutionizing efficiency and accessibility for content creators.
2. Empowering Content Creators:
RNDR democratizes access to rendering resources, empowering content creators in gaming, visual effects, and virtual reality.
Trust-Building Features:
1. Transparency Through Blockchain:
Blockchain technology ensures transparency, utilizing smart contracts and distributed ledgers for a trustless environment.
2. Decentralization for Reliability:
RNDR's decentralized nature enhances reliability by reducing reliance on a single authority, ensuring system resilience.
3. Incentivizing Participants:
The dual-sided incentive mechanism of RNDR tokens rewards users contributing GPU power, fostering active participation and ecosystem strength.
Future Outlook:
1. Growing Ecosystem:
RNDR's expanding user base enhances token utility, solidifying its position in the rendering industry.
2. Strategic Partnerships:
Potential collaborations within tech and entertainment industries may propel RNDR to new heights, establishing it as a key player.
3. Continuous Development:
Ongoing development and community engagement strengthen RNDR's sustainability, showcasing its commitment to innovation.
RNDR token, a beacon of innovation in decentralized rendering, reshapes the industry's future. With a focus on transparency, reliability, and user incentives, RNDR unlocks possibilities for content creators and rendering enthusiasts. As the ecosystem evolves, RNDR stands poised to play a pivotal role in the rendering landscape.
#RENDER #BTC #sol
3 Breakthroughs in Blockchain Technology: Cryptos Riding the Tech Wave of 2024
Investors are rushing to find the top cryptocurrencies of 2024 as the market for digital currencies recovers in a risk-on macro-environment, with blockchain technologies leading the charge of the new technological wave.
Indeed, institutional demand for Bitcoin has been greatly boosted by the introduction of spot Bitcoin ETFs earlier this month by the Securities and Exchange Commission (SEC).
Market participants anticipate a supply shock due to the impending Bitcoin halving event, which is scheduled for late April 2024 and would cut the Bitcoin block rewards in half.
Many people are hoping for a Bitcoin bull run because of the extraordinary demand and the imminent decrease in supply.
Similar to what happened in 2021, 2017, and 2014, this may cause the bitcoin industry to see significant growth.
Forerunner blockchain initiatives: the expected tech tsunami in the bitcoin industry in 2024 lays the groundwork for substantial benefits. We will look at three of the best investing prospects in this field.
Solana (SOL)
First on our list is Solana (SOL), a layer-1 blockchain that has made significant progress into 2024 because to its expanding ecosystem and rapidly increasing total-value locked (now $1,565,115,404).
The unexpected surge in Solana activity is caused by the exorbitant gas rates on the Ethereum network. As a result, investors are moving to Solana's transactional environment, which is relatively cheaper.
However, the Solana Saga phone—one of the most fascinating technological discoveries of 2024—serves as the true foundation of Solana blockchain innovation.
The Solana Saga phone, which has a user interface (UI) built for Web3 connectivity, an improved trading experience, a 24-hour instantly functional digital wallet, and the ability to mint NFTs directly on the device—all while designed with Web3 usage in mind—has been selling like hotcakes, taking the price of Web3 adoption to new heights.
Render (RNDR)
Render (RNDR) is a frontrunner among the most promising blockchain innovations, serving the remarkable goal of decentralizing processing power for video, and it is one of the most compelling use cases in the cryptocurrency market right now.
With Render, individuals may rent out their idle GPU capability to allow high-level content rendering on a decentralized network scale, which is a democratizing step that is supercharging the digital wave.
Content producers may post projects they need done and the Render network will automatically compute and create smart contracts to execute them using the native RNDR currency, which functions as a settlement bridge between GPU owners and GPU users.
And momentum is building for the project as Render receives significant approvals throughout 2023, including a highly desired merger with Apple. This paves the way for Render's distinctive value offer to thrive.
Manta Network (MANTA)
In the tech wave of 2024, Manta Network (MANTA) is leading the way in blockchain innovation by providing a multi-modular zero-knowledge environment for DeFi privacy on Ethereum.
Manta Network's Ethereum Virtual Machine (EVM) stands out from the crowd thanks to its privacy-oriented, scalable, layer-2 solution for DeFi's successful integration into Ethereum architecture. It offers all the benefits of a Binance launchpool launch while still being unique.
Manta Atlantic is the foundational layer, constructed as a layer-1 atop the Polkadot network, with an emphasis on the zkSoulbound tokens—essentially non-tradable private digital identification tokens—and the ZK-SNARK technology. Users may engage with DeFi projects using these zkSoulbound tokens in a way that satisfies KYC rules while protecting their identity.
At the same time, developers looking to launch scalable decentralized applications (dApps) compatible with the Ethereum Virtual Machine (EVM) in a private setting may take use of Manta Pacific's layer-2 scaling solution.
#MANTA #sol #RENDER #TrendingTopic
Indeed, institutional demand for Bitcoin has been greatly boosted by the introduction of spot Bitcoin ETFs earlier this month by the Securities and Exchange Commission (SEC).
Market participants anticipate a supply shock due to the impending Bitcoin halving event, which is scheduled for late April 2024 and would cut the Bitcoin block rewards in half.
Many people are hoping for a Bitcoin bull run because of the extraordinary demand and the imminent decrease in supply.
Similar to what happened in 2021, 2017, and 2014, this may cause the bitcoin industry to see significant growth.
Forerunner blockchain initiatives: the expected tech tsunami in the bitcoin industry in 2024 lays the groundwork for substantial benefits. We will look at three of the best investing prospects in this field.
Solana (SOL)
First on our list is Solana (SOL), a layer-1 blockchain that has made significant progress into 2024 because to its expanding ecosystem and rapidly increasing total-value locked (now $1,565,115,404).
The unexpected surge in Solana activity is caused by the exorbitant gas rates on the Ethereum network. As a result, investors are moving to Solana's transactional environment, which is relatively cheaper.
However, the Solana Saga phone—one of the most fascinating technological discoveries of 2024—serves as the true foundation of Solana blockchain innovation.
The Solana Saga phone, which has a user interface (UI) built for Web3 connectivity, an improved trading experience, a 24-hour instantly functional digital wallet, and the ability to mint NFTs directly on the device—all while designed with Web3 usage in mind—has been selling like hotcakes, taking the price of Web3 adoption to new heights.
Render (RNDR)
Render (RNDR) is a frontrunner among the most promising blockchain innovations, serving the remarkable goal of decentralizing processing power for video, and it is one of the most compelling use cases in the cryptocurrency market right now.
With Render, individuals may rent out their idle GPU capability to allow high-level content rendering on a decentralized network scale, which is a democratizing step that is supercharging the digital wave.
Content producers may post projects they need done and the Render network will automatically compute and create smart contracts to execute them using the native RNDR currency, which functions as a settlement bridge between GPU owners and GPU users.
And momentum is building for the project as Render receives significant approvals throughout 2023, including a highly desired merger with Apple. This paves the way for Render's distinctive value offer to thrive.
Manta Network (MANTA)
In the tech wave of 2024, Manta Network (MANTA) is leading the way in blockchain innovation by providing a multi-modular zero-knowledge environment for DeFi privacy on Ethereum.
Manta Network's Ethereum Virtual Machine (EVM) stands out from the crowd thanks to its privacy-oriented, scalable, layer-2 solution for DeFi's successful integration into Ethereum architecture. It offers all the benefits of a Binance launchpool launch while still being unique.
Manta Atlantic is the foundational layer, constructed as a layer-1 atop the Polkadot network, with an emphasis on the zkSoulbound tokens—essentially non-tradable private digital identification tokens—and the ZK-SNARK technology. Users may engage with DeFi projects using these zkSoulbound tokens in a way that satisfies KYC rules while protecting their identity.
At the same time, developers looking to launch scalable decentralized applications (dApps) compatible with the Ethereum Virtual Machine (EVM) in a private setting may take use of Manta Pacific's layer-2 scaling solution.
#MANTA #sol #RENDER #TrendingTopic
RNDR teeters on the brink of a symmetrical triangle breakout and trades above the rounding bottom pattern's neckline. Will an opportunity to buy emerge above $3.50, or is a selling opportunity on the horizon?
#BinanceTournament #RNDR #dyor #crypto2023 #RENDER
#BinanceTournament #RNDR #dyor #crypto2023 #RENDER
AI Token Render (RNDR) May Lose Steam If This Trend Continues
#BTC Render (#RNDR ), an artificial intelligence (AI)-based protocol, is losing steam, with the recent plunge in its price. At the time of writing, #RENDER is down 5.42% to $2.45, gradually paring off the gains it has accrued since the start of the month.Riding on the AI hype, $RNDR jumped by more than 60% in October, extending its lead among other related digital currencies. The creeping slump that is coming at a time when most #altcoins are soaring is linked to the transactional activity surrounding the wallet of FTX and Alameda Research.Crypto analytics insights provider Lookonchain revealed a total of $27 million worth of altcoins were moved again by the wallet, with Render taking the bigger portion of the funds. It remains unclear what the purpose of the transfers was, but the general assumption is that Alameda might be liquidating the funds, and this presents RNDR in a vulnerable state.Though related transfers are not uncommon, per Lookonchain data, this is the highest move as a total of 7.17 million RNDR was transferred valued, at approximately $17.93 million. This figure in the latest transfer is higher than Solana, with 131,833 #sol worth over $4.7 million. Should these transfers continue with RNDR taking center stage, the AI token may eventually shed its accrued gains as the year journeys to a close.UPDATE:FTX/Alameda transferred $27.2M assets again today, including:7.17M RNDR($17.93M)131,833 $SOL ($4.7M)1,099 $ETH ($2M)845 MKR($1.18M)21.7M REN($1.12M)2.5M GRT($273K)As of Oct 31, FTX/Alameda had transferred ~$106M in crypto assets.https://t.co/WYRZsQ9aIN pic.twitter.com/lo5N9U5gqO— Lookonchain (@lookonchain) October 31, 2023Banking on Render value propositionThough Render is in a free fall, the projection is that this is a temporary slowdown and a recovery may soon be recorded.This recovery is poised to be driven by Render's value proposition. Essentially, Render connects artists and studios in need of GPU Mining with partners that can offer this service. This middle-man role aims to decentralize accessibility to GPU miners to power the next generation of creativity. Over the past year, Render has grown its ecosystem through this offering, and its future price stability hinges on this low-competition value proposition.
🪙🪙 Forbes Pick Of The Top Artificial Intelligence (AI) Cryptocurrencies 💰💰
1. Injective (INJ). Market cap: £1.1 billion
Injective (INJ) is a finance-focused AI crypto project, specifically designed to provide tools for building decentralised finance (‘DeFi’) applications.
2. The Graph (GRT). Market cap: £1 billion #GRT
The Graph is a protocol for indexing and querying data from blockchains in a similar way that Google indexes and queries data from websites. Indexing blockchain data can be challenging, but The Graph aims to change that by organising data into smaller ‘subgraphs’.
3. Render (RNDR). Market cap: £724 million #RENDER
Render allows artists to harness the computing power necessary to render computer graphics from crypto miners who are willing to rent out their graphics processing units (GPUs). The project was launched in 2017.
4. Oasis Network (ROSE). Market cap: £378 million #ROSE
Oasis Network describes itself as the ‘first privacy-enabled blockchain platform for open finance and a responsible data economy’.
5. Fetch.ai (FET). Market cap: £253 million #FetchAI
Fetch.ai is an AI and machine learning platform based on the blockchain. Fetch.ai is all about automating business tasks such as data processing and trading. Its native cryptocurrency, FET, is used to pay for transactions on the network.
6. Ocean Protocol (Ocean). Market cap: £194 million #OCEAN
Ocean Protocol is a Ethereum-blockchain-based platform that allows businesses and individuals to exchange and monetise data and data-based services. This might involve making data available to researchers and startups without the data being relinquished by the data holders.
$INJ $GRT $RNDR
1. Injective (INJ). Market cap: £1.1 billion
Injective (INJ) is a finance-focused AI crypto project, specifically designed to provide tools for building decentralised finance (‘DeFi’) applications.
2. The Graph (GRT). Market cap: £1 billion #GRT
The Graph is a protocol for indexing and querying data from blockchains in a similar way that Google indexes and queries data from websites. Indexing blockchain data can be challenging, but The Graph aims to change that by organising data into smaller ‘subgraphs’.
3. Render (RNDR). Market cap: £724 million #RENDER
Render allows artists to harness the computing power necessary to render computer graphics from crypto miners who are willing to rent out their graphics processing units (GPUs). The project was launched in 2017.
4. Oasis Network (ROSE). Market cap: £378 million #ROSE
Oasis Network describes itself as the ‘first privacy-enabled blockchain platform for open finance and a responsible data economy’.
5. Fetch.ai (FET). Market cap: £253 million #FetchAI
Fetch.ai is an AI and machine learning platform based on the blockchain. Fetch.ai is all about automating business tasks such as data processing and trading. Its native cryptocurrency, FET, is used to pay for transactions on the network.
6. Ocean Protocol (Ocean). Market cap: £194 million #OCEAN
Ocean Protocol is a Ethereum-blockchain-based platform that allows businesses and individuals to exchange and monetise data and data-based services. This might involve making data available to researchers and startups without the data being relinquished by the data holders.
$INJ $GRT $RNDR
Render Network's Versatile Applications. 🪙
Render Network, with its GPU processing capabilities, has a wide range of potential use cases.
1. Gaming Industry
- The gaming industry continues to grow, and Render Network can play a significant role.
- OctaneRender technology offered by RNDR allows game developers to create ultra-realistic and immersive environments without requiring expensive hardware.
- As the metaverse and AR become more prominent, the demand for high-quality graphics in gaming is on the rise.
2. NFTs (Non-Fungible Tokens)
- RNDR's cloud processing enhances the visual quality of games with real-time ray tracing and graphic processing.
- It makes high-quality gaming accessible to users with lower-end setups through streaming services, expanding the gaming market.
- Developers no longer need to optimize games for various hardware configurations, reducing graphic development costs.
3. Sports Sector
- Our consumption of sports has evolved over the years, from attending events in person to streaming on various devices.
- With Render, the future of sports viewing becomes more immersive and interactive.
- Beyond fan experiences, sports teams can use this technology for in-depth training and performance analysis.
4. Marketing Industry
- In today's digital world, most advertising and marketing are done through screens.
- RNDR can provide a graphic quality advantage for specific marketing campaigns, creating unique and interactive advertising experiences.
- It can also reduce costs in marketing by handling tasks like video editing and enhancing product showcases with 3D holograms.
5. Film Industry
- RNDR has been used in various films and TV series, such as Star Trek remastered and The Last Of Us.
- It allows viewers to experience movies as if they were part of the cast.
- Real-time CGI rendering reduces the time required for processing heavy CGI content in films.
#RNDR $RNDR #RENDER
Render Network, with its GPU processing capabilities, has a wide range of potential use cases.
1. Gaming Industry
- The gaming industry continues to grow, and Render Network can play a significant role.
- OctaneRender technology offered by RNDR allows game developers to create ultra-realistic and immersive environments without requiring expensive hardware.
- As the metaverse and AR become more prominent, the demand for high-quality graphics in gaming is on the rise.
2. NFTs (Non-Fungible Tokens)
- RNDR's cloud processing enhances the visual quality of games with real-time ray tracing and graphic processing.
- It makes high-quality gaming accessible to users with lower-end setups through streaming services, expanding the gaming market.
- Developers no longer need to optimize games for various hardware configurations, reducing graphic development costs.
3. Sports Sector
- Our consumption of sports has evolved over the years, from attending events in person to streaming on various devices.
- With Render, the future of sports viewing becomes more immersive and interactive.
- Beyond fan experiences, sports teams can use this technology for in-depth training and performance analysis.
4. Marketing Industry
- In today's digital world, most advertising and marketing are done through screens.
- RNDR can provide a graphic quality advantage for specific marketing campaigns, creating unique and interactive advertising experiences.
- It can also reduce costs in marketing by handling tasks like video editing and enhancing product showcases with 3D holograms.
5. Film Industry
- RNDR has been used in various films and TV series, such as Star Trek remastered and The Last Of Us.
- It allows viewers to experience movies as if they were part of the cast.
- Real-time CGI rendering reduces the time required for processing heavy CGI content in films.
#RNDR $RNDR #RENDER
