With Apple’s help, new tokens are attracting attention: RNDR is approaching its historical peak!
Recently, as Apple mentioned the 3D design software Octane powered by Render Network at the M4 chip launch, the market value of#Render(RNDR) jumped significantly by 11%, once again attracting widespread market attention.
Approval from Apple Vice President
At Apple's event, Vice President of Platform Architecture Tim Millet specifically mentioned Octane in his speech, which undoubtedly injected strong impetus into the rise of RNDR. Market analysts generally believe that this mention contributed to RNDR's strong performance last week.
The potential power of professional software
The excellent performance of Oktane, a professional rendering application on the new iPad, made many attendees look forward to its future. They all said: "Such a powerful tool will definitely lead a new trend in the market."
An overwhelming response from the cryptocurrency space
D0c Crypto, a well-known figure in the cryptocurrency field, pointed out on social media: “In Apple’s video, you can even see the RNDR logo.” This discovery further stimulated market enthusiasm, and after the announcement on May 8, RNDR Its market value soared 40% in just seven days.
A collective carnival of AI tokens
At the same time, the AI token market has also ushered in a wave of enthusiasm. Tokens such as Fetch.ai (#FET), The Graph (#GRT) and SingularityNET (AGIX) have risen one after another, with increases reaching 12.88%, 20.28% and 16.18% respectively.
Nvidia’s financial report is about to be released, and the AI token market is nervously looking forward to it
NVIDIA, the world's largest GPU manufacturer, is about to release its first quarter financial report for fiscal year 2024 on May 22. This news makes investors full of expectations for the future of the AI token market. Historical data shows that fluctuations in Nvidia's stock price are often closely linked to trends in the AI token market.
Market sentiment is positive ahead of NVIDIA earnings report
On the eve of the release of Nvidia's earnings report, market sentiment was generally positive. cryptocurrency trader
CryptoGodJohn shared: “Since Nvidia’s earnings announcement, Render is up 33%, and Fetch.ai has also achieved 6.5% growth.” He further pointed out that Nvidia’s stock price reached a 30-day high on May 6, with A new week of trading started at $921.40.
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