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Render (RNDR) Price Slips Following 27% Rally, Here’s Why
In an unprecedented turn of events, RNDR, the native token of the Render Network, illustrated signs of a pullback today, May 11, following a phenomenal bull run witnessed over the past week. After rallying 27.30% in the past seven days, RNDR’s price slipped nearly 3% in the past 24 hours, falling in line with a stockpile of market statistics. In a post shared by the on-chain analytics platform ‘The Data Nerd,’ it was brought to light that address 0x537, reportedly linked to GSR Markets, a renowned digital asset market maker, deposited a staggering 500,000 RNDR, worth $5.56 million, to Binance. This action appears to have primarily influenced the token’s current price movement, pulling it into the red territory.Notably, the address still holds 550K RNDR tokens worth $6.07 million. Meanwhile, it’s worth mentioning that the remarkable weekly gains illustrated by the Render token comes alongside a phenomenal spike in whale activity, which triggered a rising price action for the crypto. Further, the recent rise in AI and Big Data projects has additionally injected a bullish trend in the AI coin.Collectively, this data has ignited market sentiments of short-term volatility, with the token’s long-term price movements eyeing greater heights despite today’s slip.
Meanwhile, the RSI hovered at 65, with a buying sentiment prevailing within the market. This hinted that the token has yet to reach overbought territory, with potential gains lying ahead. Conversely, the market may witness a price correction if an overbought territory is reached.On the other hand, with the coin gaining roughly 27% over the past week, sentiments of a due price correction already loom.
#RNDR/USDT #RNDR/USDT💥 #RNDR: #altcoins #Memecoins
In an unprecedented turn of events, RNDR, the native token of the Render Network, illustrated signs of a pullback today, May 11, following a phenomenal bull run witnessed over the past week. After rallying 27.30% in the past seven days, RNDR’s price slipped nearly 3% in the past 24 hours, falling in line with a stockpile of market statistics. In a post shared by the on-chain analytics platform ‘The Data Nerd,’ it was brought to light that address 0x537, reportedly linked to GSR Markets, a renowned digital asset market maker, deposited a staggering 500,000 RNDR, worth $5.56 million, to Binance. This action appears to have primarily influenced the token’s current price movement, pulling it into the red territory.Notably, the address still holds 550K RNDR tokens worth $6.07 million. Meanwhile, it’s worth mentioning that the remarkable weekly gains illustrated by the Render token comes alongside a phenomenal spike in whale activity, which triggered a rising price action for the crypto. Further, the recent rise in AI and Big Data projects has additionally injected a bullish trend in the AI coin.Collectively, this data has ignited market sentiments of short-term volatility, with the token’s long-term price movements eyeing greater heights despite today’s slip.
Meanwhile, the RSI hovered at 65, with a buying sentiment prevailing within the market. This hinted that the token has yet to reach overbought territory, with potential gains lying ahead. Conversely, the market may witness a price correction if an overbought territory is reached.On the other hand, with the coin gaining roughly 27% over the past week, sentiments of a due price correction already loom.
#RNDR/USDT #RNDR/USDT💥 #RNDR: #altcoins #Memecoins
Two posible secnerios I'm watching for $RNDR .
Most likely to take the upside scenario.
#RNDR/USDT #RNDR: #RNDR/USDT💥 #altcoins #buythedip
Most likely to take the upside scenario.
#RNDR/USDT #RNDR: #RNDR/USDT💥 #altcoins #buythedip
Here's an enticing summary of five recommended cryptocurrencies to invest in for 2024:
1. Injective (INJ) - Targets advanced and decentralized trading across multiple blockchains
2. Dogecoin (DOGE) - A widely-supported cryptocurrency with a community focus
3. RenderToken (RNDR) - Enables decentralized GPU-based rendering for digital content creators
4. Fetch.ai (FET) - Integrates AI with blockchain to automate data-driven tasks (Will merge fet-agix-ocean to form a new asi token soon)
5. Fantom (FTM) is a cryptocurrency used on a
blockchain platform for fast and scalable decentralized applications.
#Fetch_ai #ftmpump #inj #DOGELeading #RNDR:
1. Injective (INJ) - Targets advanced and decentralized trading across multiple blockchains
2. Dogecoin (DOGE) - A widely-supported cryptocurrency with a community focus
3. RenderToken (RNDR) - Enables decentralized GPU-based rendering for digital content creators
4. Fetch.ai (FET) - Integrates AI with blockchain to automate data-driven tasks (Will merge fet-agix-ocean to form a new asi token soon)
5. Fantom (FTM) is a cryptocurrency used on a
blockchain platform for fast and scalable decentralized applications.
#Fetch_ai #ftmpump #inj #DOGELeading #RNDR:
Top 5 Artificial Intelligence (AI) Cryptocurrencies
#ai
1. Render (RNDR)
Market cap: $US3 billion
Render Network is a decentralised platform that connects artists and creators with powerful computer resources to help them create high-quality 3D graphics and animations. The platform allows people to pool unused computing power, which can then be used by creators for a fee. The platform uses its own cryptocurrency, RNDR, to reward users who contribute their computing power and to facilitate transactions within the network. With applications in fields like gaming, virtual reality, and the metaverse, Render Network is making it easier for artists to create visual content without the need for expensive hardware.
RNDR was trading at $US7.92 as of April 20, 2024, down from its recent peak of $US13.60 in March.
2. Bittensor (TAO)
Market cap: $US2.9 billion
Bittensor aims to create a neural internet by revolutionising the development of machine learning platforms. The project is establishing a peer-to-peer marketplace for machine intelligence where AI models can combine their intelligence, essentially creating a “digital hive mind.” This innovative, decentralised method is designed to enable swift expansion and sharing of knowledge among AI systems.
As of April 2024, TAO was trading at $US442, down from its recent peak of $US676 at the start of the month.
3. The Graph (GRT)
Market cap: $US2.46 billion
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’.
Its native, Ethereum-based cryptocurrency, GRT, was trading at US$0.26 as of April 20, 2024, down from its February 2021 peak of US$2.34.
4. Theta Network (THETA)
Market cap: $US2 billion
Theta Network is a decentralised blockchain platform that combines the Theta Blockchain and the Theta Edge Network to provide infrastructure for AI, media, and entertainment applications. The Theta Blockchain supports smart contracts and is compatible with the Ethereum Virtual Machine (EVM), while the Theta Edge Network offers distributed GPU computing power for various tasks. Theta utilises a dual token system, with THETA as the governance token and TFUEL as the operational token. The platform is supported by a network of enterprise validators and partners from the technology and entertainment industries.
As of April 20, 2024, one THETA token was trading at $US2.08 and the project’s operational token TFUEL was at $US0.087.
5. Fetch.AI (FET)
Market cap: $US1.8 billion
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. Fetch.ai recently proposed a merger with SingularityNET and Ocean Protocol, which is currently going through the process of approval. The three-way merger has been dubbed the “Artificial Superintelligence Alliance” and if it goes ahead, the tokens of all three projects will become amalgamated under the one token “ASI”.
As of April 20, 2024, FET was valued at $US2.16, down from its peak of $US3.47 from last month.
#RNDR: #Fetch_ai #THETAPrice
1. Render (RNDR)
Market cap: $US3 billion
Render Network is a decentralised platform that connects artists and creators with powerful computer resources to help them create high-quality 3D graphics and animations. The platform allows people to pool unused computing power, which can then be used by creators for a fee. The platform uses its own cryptocurrency, RNDR, to reward users who contribute their computing power and to facilitate transactions within the network. With applications in fields like gaming, virtual reality, and the metaverse, Render Network is making it easier for artists to create visual content without the need for expensive hardware.
RNDR was trading at $US7.92 as of April 20, 2024, down from its recent peak of $US13.60 in March.
2. Bittensor (TAO)
Market cap: $US2.9 billion
Bittensor aims to create a neural internet by revolutionising the development of machine learning platforms. The project is establishing a peer-to-peer marketplace for machine intelligence where AI models can combine their intelligence, essentially creating a “digital hive mind.” This innovative, decentralised method is designed to enable swift expansion and sharing of knowledge among AI systems.
As of April 2024, TAO was trading at $US442, down from its recent peak of $US676 at the start of the month.
3. The Graph (GRT)
Market cap: $US2.46 billion
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’.
Its native, Ethereum-based cryptocurrency, GRT, was trading at US$0.26 as of April 20, 2024, down from its February 2021 peak of US$2.34.
4. Theta Network (THETA)
Market cap: $US2 billion
Theta Network is a decentralised blockchain platform that combines the Theta Blockchain and the Theta Edge Network to provide infrastructure for AI, media, and entertainment applications. The Theta Blockchain supports smart contracts and is compatible with the Ethereum Virtual Machine (EVM), while the Theta Edge Network offers distributed GPU computing power for various tasks. Theta utilises a dual token system, with THETA as the governance token and TFUEL as the operational token. The platform is supported by a network of enterprise validators and partners from the technology and entertainment industries.
As of April 20, 2024, one THETA token was trading at $US2.08 and the project’s operational token TFUEL was at $US0.087.
5. Fetch.AI (FET)
Market cap: $US1.8 billion
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. Fetch.ai recently proposed a merger with SingularityNET and Ocean Protocol, which is currently going through the process of approval. The three-way merger has been dubbed the “Artificial Superintelligence Alliance” and if it goes ahead, the tokens of all three projects will become amalgamated under the one token “ASI”.
As of April 20, 2024, FET was valued at $US2.16, down from its peak of $US3.47 from last month.
#RNDR: #Fetch_ai #THETAPrice
Hello my #RNDR/USDT long trade also going massive ... Cryptopredix provided the best entry before even it started to go crazy ... this is the best part of this indicator that is gives early entries and results are in front of everyone .. most ppl here gave the long after it crosses 9 .... so thats why i dont trust any signal providers ... #ai #altcoins #BTC #RNDR:
$RNDR and $BLZ with promising signals on the 1D chart!
Although the market is still in a sideways mode it seems like bulls are slowly taking control.
On the daily chart, we saw 8 signals today — all of them #bullish
Here are the two most promising:
Render (RNDR) — Flashed some interesting signals on the hourly yesterday and now confirmed this trend with an EMA crossover signal on the daily. Win rate is 75% based on backtests and the potential ~22%
Bluzelle (BLZ) — Flashed a bullish Hyper Scalper signal. Based on 5 historical occurrences, the signal has a win rate of 100%. Profit potential is 17%
#Altcoins👀🚀 #RNDR: #Bluzelle
Although the market is still in a sideways mode it seems like bulls are slowly taking control.
On the daily chart, we saw 8 signals today — all of them #bullish
Here are the two most promising:
Render (RNDR) — Flashed some interesting signals on the hourly yesterday and now confirmed this trend with an EMA crossover signal on the daily. Win rate is 75% based on backtests and the potential ~22%
Bluzelle (BLZ) — Flashed a bullish Hyper Scalper signal. Based on 5 historical occurrences, the signal has a win rate of 100%. Profit potential is 17%
#Altcoins👀🚀 #RNDR: #Bluzelle
Is RNDR a good investment?
According to our current Render Token price prediction, the price of Render Token is predicted to rise by 230.35% and reach $ 30.82 by June 3, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 69 (Greed).
Price of RNDR today
The live price of Render is $ 10.14 per (RNDR / USD) with a current market cap of $ 3.94B USD. 24-hour trading volume is $ 371.98M USD. RNDR to USD price is updated in real-time.
#RNDR/USDT #RNDR: #CryptoWatchMay2024 #fahadcreator $RNDR
According to our current Render Token price prediction, the price of Render Token is predicted to rise by 230.35% and reach $ 30.82 by June 3, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 69 (Greed).
Price of RNDR today
The live price of Render is $ 10.14 per (RNDR / USD) with a current market cap of $ 3.94B USD. 24-hour trading volume is $ 371.98M USD. RNDR to USD price is updated in real-time.
#RNDR/USDT #RNDR: #CryptoWatchMay2024 #fahadcreator $RNDR
📈🚀 Bitcoin's Recovery Sparks Surge in 5 Altcoins! 🔥💰
Bitcoin's recent rebound has injected new life into the altcoin market, bringing relief to investors after a period of sharp declines. As BTC gains momentum, several altcoins have surged in the past 24 hours, signaling renewed optimism across the crypto space. Here are the top performers:
🔹 **AKT**:
- Leading the pack with an impressive 11% surge.
- Positioned as a standout in cloud services, AKT is gaining recognition as a potential standout in 2024.
- Investors eagerly anticipate the next moves for this promising project.
🔹 **RNDR**:
- Entering the list with a notable 9% increase.
- Renowned in the artificial intelligence sector, RNDR's upward trajectory is drawing attention from across the market.
🔹 **DOGE**:
- The king of Memecoins, DOGE, takes third place with a 7% rise.
- After a brief pause, DOGE's resurgence signals renewed enthusiasm for memecoins among investors.
🔹 **AVAX**:
- Boosted by Bitcoin's recovery, AVAX sees a 5% increase.
- This major coin's return to the spotlight brings joy to its ecosystem and investors alike.
- A continued upward trend is anticipated if AVAX maintains its position above $40.
🔹 **WIF**:
- Up 4% in the last 24 hours, WIF emerges as a new player in the Solana ecosystem.
- Riding the market's upward momentum, WIF gains traction as demand for Solana and memecoins intensifies.
The resurgence of these altcoins underscores the resilience and potential of the crypto market. With Bitcoin leading the charge, investors are optimistic about the future of these promising projects. Keep a close eye on these coins as they continue to ride the wave of Bitcoin's recovery!
#CryptoWatchMay2024 #RNDR: #DOGEWIFCOIN #AVAX✈️ #WIF🔥🔥
Bitcoin's recent rebound has injected new life into the altcoin market, bringing relief to investors after a period of sharp declines. As BTC gains momentum, several altcoins have surged in the past 24 hours, signaling renewed optimism across the crypto space. Here are the top performers:
🔹 **AKT**:
- Leading the pack with an impressive 11% surge.
- Positioned as a standout in cloud services, AKT is gaining recognition as a potential standout in 2024.
- Investors eagerly anticipate the next moves for this promising project.
🔹 **RNDR**:
- Entering the list with a notable 9% increase.
- Renowned in the artificial intelligence sector, RNDR's upward trajectory is drawing attention from across the market.
🔹 **DOGE**:
- The king of Memecoins, DOGE, takes third place with a 7% rise.
- After a brief pause, DOGE's resurgence signals renewed enthusiasm for memecoins among investors.
🔹 **AVAX**:
- Boosted by Bitcoin's recovery, AVAX sees a 5% increase.
- This major coin's return to the spotlight brings joy to its ecosystem and investors alike.
- A continued upward trend is anticipated if AVAX maintains its position above $40.
🔹 **WIF**:
- Up 4% in the last 24 hours, WIF emerges as a new player in the Solana ecosystem.
- Riding the market's upward momentum, WIF gains traction as demand for Solana and memecoins intensifies.
The resurgence of these altcoins underscores the resilience and potential of the crypto market. With Bitcoin leading the charge, investors are optimistic about the future of these promising projects. Keep a close eye on these coins as they continue to ride the wave of Bitcoin's recovery!
#CryptoWatchMay2024 #RNDR: #DOGEWIFCOIN #AVAX✈️ #WIF🔥🔥
Hello all update about my massive trades #RNDR/USDT #LPT/USDT these are just going massive .... Cryptopredix indicator just keeps on providing massive trades ... as you can all see in the chart how clean it has provided the trades and its just not stopping it on the other hand Btc is just chopping around ... i have moves my Sl in profits and took some profits from all of my trades ... and letting it run ... if you still dont have the indicator then you are missing this all juice profits ... #altcoins #BTC #RNDR:
Spot signal!
#Rndrusdt
Entry Targets: 9.1 - 9.2
Tp1: 9.78, 10.49, 11.47, 12.26, 13.06
⚠️ Stoploss : 7.21
Bullish Pennant Breakout Has Already Confirmed Expecting Move Towards 15-16$ In Coming Days.
#RNDR one of top gainers, up 9% in last 24hrs.💰
Breakout/Breakdown confirmation levels indicated with respective targets.
Follow For More.
👍 — if you agree!
❤if you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. thanks 🙏
$RNDR #RNDRAnalysis #RNDR: #realmabbaskhan
#Rndrusdt
Entry Targets: 9.1 - 9.2
Tp1: 9.78, 10.49, 11.47, 12.26, 13.06
⚠️ Stoploss : 7.21
Bullish Pennant Breakout Has Already Confirmed Expecting Move Towards 15-16$ In Coming Days.
#RNDR one of top gainers, up 9% in last 24hrs.💰
Breakout/Breakdown confirmation levels indicated with respective targets.
Follow For More.
👍 — if you agree!
❤if you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. thanks 🙏
$RNDR #RNDRAnalysis #RNDR: #realmabbaskhan
The upcoming NVIDIA AI conference has the potential to significantly impact AI-related cryptocurrencies like $RNDR , $NEAR, $AIX, and more. This event may trigger price movements, heightened trading volumes, and increased interest in AI projects. Additionally, the conference could raise awareness about AI applications in the crypto space, provide insights into regulatory developments, and foster technological advancements and market sentiment shifts. Consider exploring AI coins before the conference for potential opportunities.
#TrendingTopic #Aipump #RNDR:
#TrendingTopic #Aipump #RNDR:
$RNDR What can go wrong with this coin ?
to me absolutely nothing.
But please do you research . #RNDR:
to me absolutely nothing.
But please do you research . #RNDR:
$NEAR will flip#RNDR: to hit $11 🔥🔥🔥. Buy more now it is still very cheap. #btc.70.000✅ #Solana🚀 #BNBToTheMoon
#AI #Coindesk #RNDR:
#future_tradin_signal_update
Expectations that a crypto project will be mentioned in an Nvidia (NVDA) conference later this month are driving traders to bid on artificial intelligence (AI)-linked tokens, propelling CoinGecko 's category for the coins up 25% in 24 hours.
Tokens of Fetch.AI (FET), Render Network (RNDR), Sleepless AI (AI) and SingularityNET (AGIX) climbed as much as 40%. These projects claim to utilize AI in various ways, such as providing a virtual companion and being a marketplace for graphic processing cards.
Behind the surge are reports that crypto AI project developers are attending the chipmaker's conference or taking part in panels, according to Lookonchain. The event will be held from March 17-21. The advance compares with bitcoin’s 0.3% increase and a 0.4% gain in the CoinDesk 20, a broad-based liquid index of major tokens.
#future_tradin_signal_update
Expectations that a crypto project will be mentioned in an Nvidia (NVDA) conference later this month are driving traders to bid on artificial intelligence (AI)-linked tokens, propelling CoinGecko 's category for the coins up 25% in 24 hours.
Tokens of Fetch.AI (FET), Render Network (RNDR), Sleepless AI (AI) and SingularityNET (AGIX) climbed as much as 40%. These projects claim to utilize AI in various ways, such as providing a virtual companion and being a marketplace for graphic processing cards.
Behind the surge are reports that crypto AI project developers are attending the chipmaker's conference or taking part in panels, according to Lookonchain. The event will be held from March 17-21. The advance compares with bitcoin’s 0.3% increase and a 0.4% gain in the CoinDesk 20, a broad-based liquid index of major tokens.
#memecoin plays are becoming a valid way for speculators and gamblers to thrive during bull runs. If at all you are looking at this growing class, be ready to lose it all (and therefore allocate a 2% of crypto portfolio into them).
The narrative to follow here is to identify the main memecoins on Layer 1s that are growing well – they give a higher beta to layer 1 assets.
#Etherrum (DOGE, SHIB, PEPE, FLOKI), Solana (BONK, WIF, MYRO) and Avalanche (COQ)
a great ride 2024 has already been! Bitcoin is up 60% year-to-date and is nearing price discovery mode after taking out its previous all-time high. Ethereum, Solana, and other top altcoins have followed the #1 asset’s price action and have registered considerable gains too.
To maximize your crypto portfolio returns, it's prudent to allocate a good share to emerging and upcoming narratives that will drive value in the ecosystem. In our last article, we covered layer-2 solutions, decentralised protocols and gaming ecosystems
AI is the next big narrative globally and crypto-based AI tokens have the potential to deliver decentralized scaling of AI solutions. The frontrunners in this space are Render (RNDR) and Fetch.ai (FET). The risks involved in this space are: how well the general AI narrative takes shape globally and how soon.
#RNDR: is basically a decentralised GPU network. If you have idle GPU at your home, you can loan out that GPU for others to use to implement AI services. A simple yet effective idea. RNDR has a market cap of $3.7 billion currently and can do a 5-8x over the next two years potentially.
The narrative to follow here is to identify the main memecoins on Layer 1s that are growing well – they give a higher beta to layer 1 assets.
#Etherrum (DOGE, SHIB, PEPE, FLOKI), Solana (BONK, WIF, MYRO) and Avalanche (COQ)
a great ride 2024 has already been! Bitcoin is up 60% year-to-date and is nearing price discovery mode after taking out its previous all-time high. Ethereum, Solana, and other top altcoins have followed the #1 asset’s price action and have registered considerable gains too.
To maximize your crypto portfolio returns, it's prudent to allocate a good share to emerging and upcoming narratives that will drive value in the ecosystem. In our last article, we covered layer-2 solutions, decentralised protocols and gaming ecosystems
AI is the next big narrative globally and crypto-based AI tokens have the potential to deliver decentralized scaling of AI solutions. The frontrunners in this space are Render (RNDR) and Fetch.ai (FET). The risks involved in this space are: how well the general AI narrative takes shape globally and how soon.
#RNDR: is basically a decentralised GPU network. If you have idle GPU at your home, you can loan out that GPU for others to use to implement AI services. A simple yet effective idea. RNDR has a market cap of $3.7 billion currently and can do a 5-8x over the next two years potentially.
Well Don Mr. Binance
Exciting updates! Prepare for an amazing chance to seize 10 BNB without charge in the Binance Square event happening from March 1 to March 14, 2024! Simply post your Binance Square content or profile on social platforms to participate. The top 10 makers with the greatest rise in new followers will each earn 1 $BNB! To qualify, secure at least 10 fresh followers, and keep in mind, only KYC-verified Binance users are qualified.
Important Terms and Conditions:
>>> Availability may vary by region.
->>>Winners will be notified via push notification.
>>>>BNB vouchers will be distributed within 21 working days.
->>>Check your rewards via Profile > Rewards Hub; vouchers are valid for seven days.
Note:
Binance reserves the right to amend terms and conditions without prior notice, and all participants are bound by these amendments. Don't miss out on this opportunity to boost your Binance Square presence and win big!
#BNB #TrendingTopic. #NEAR #RNDR: #Aevo
Important Terms and Conditions:
>>> Availability may vary by region.
->>>Winners will be notified via push notification.
>>>>BNB vouchers will be distributed within 21 working days.
->>>Check your rewards via Profile > Rewards Hub; vouchers are valid for seven days.
Note:
Binance reserves the right to amend terms and conditions without prior notice, and all participants are bound by these amendments. Don't miss out on this opportunity to boost your Binance Square presence and win big!
#BNB #TrendingTopic. #NEAR #RNDR: #Aevo
