RNDR
The Render Network is a provider of GPU-based decentralized rendering solutions. RNDR is its native utility token, connecting GPU-capable miners with artists and studios in need.
Since the main demand in the AI field is also GPUs, this story alone includes it in AI-centric tokens. NVIDIA has a valuation of over $2 trillion this year and was one of the biggest drivers of the stock market's rise last year.
After about a week of rapid declines, Render's 15% rise is not too surprising. The growing interest in artificial intelligence and the upcoming NVIDIA earnings report on May 22nd are gaining more and more attention.
We may see another better-than-expected NVIDIA earnings report, and based on this expectation, interest in altcoins will increase as the end of the month approaches. Therefore, the recovery of AI-focused cryptocurrencies, led by RNDR Coin, is accelerating.
FET, AGIX, and OCEAN are currently planning to issue a single token in cooperation with the Alliance of Artificial Super Intelligence (ASI), and the number of competitors for RNDR Coin is decreasing. This could give investors the opportunity to invest in three altcoins with one token, enriching their AI portfolio while providing better opportunities for RNDR Coin.
