Three cryptocurrencies with great potential are poised for growth and a rebound is expected!
NEAR Protocol: Leading the 2024 Q1 with impressive results. Its total value locked (TVL) soared 163% to $335 million, and its daily active users surged 42% to 1.2 million. The market value of NEAR’s stablecoin also surged 176%, reaching $214 million. What is more noteworthy is that NEAR is working with AI to simplify DApp development through chatbots, promote the AI ecosystem with NEAT, and launch incubation projects to empower users with their own AI infrastructure.
Render Network (RNDR): Using light holographic imaging technology, RNDR shines brightly. As a leader in the field of rendering, RNDR not only focuses on digital restoration, but also works with Stable Diffusion to empower AI image, video and 3D content creation. At Apple's latest iPad M4 chip launch conference, Octane software supported by RNDR also became a highlight, indicating its broad application prospects in the creative field.
Livepeer (LPT): Reinventing real-time video streaming, LPT leads the wave of decentralization. Built on Ethereum, Livepeer provides developers with an open source video streaming solution that challenges the traditional broadcast model and is known for its cost-effectiveness. The orchestrators on its network compete for transcoding tasks through the DPoS mechanism and earn LPT rewards, which not only significantly reduces transcoding costs (up to 50 times), but also relies on Ethereum's powerful DApp ecosystem to ensure both security and efficiency.
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