Render Token, a prominent Ethereum-based distributed GPU rendering token, experienced a significant downturn today, plummeting by 11% in value. This sharp decline occurs amidst heightened volatility in the cryptocurrency market, with investors closely observing developments within the ecosystem.

According to data sourced from Spot on chain, Wallet 0x888, suspected to be linked with Multicoin Capital, recently executed a substantial deposit of 3 million RNDR tokens onto the Coinbase platform.&middot

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