Within the digital currency space, Render (RNDR) excels, surge 12% to $10.01 and breaking away from Bitcoin’s 0.23% decline to $63,755.42 in the midst of an altcoin market dip.
Render is an AI protocol that connects miners and artists in an effective manner through its GPU Rendering network. This breakthrough fits in with the rapidly expanding AI sector, where the buzz around the market is demonstrated by NVIDIA’s $2 trillion valuation this year.
Render’s 24-hour spike represents a 20% weekly growth, demonstrating its endurance in the face of market turmoil. Render started at $4.4 and reached a peak of $9.34 today, a 95.58% increase year to date.
With its eye on the $10 barrier zone, Render’s advance indicates a positive outlook. The ecosystem of digital currencies, particularly tokens like Render, is drawing interest and investment as AI’s notoriety grows.
Artificial Superintelligence Alliance (ASI) and its Impact
The promise of AI is further highlighted by the formation of the Artificial Superintelligence Alliance (ASI) by Fetch.ai, SingularityNET, and Ocean Protocol. Analysts anticipate revolutionary changes as a result of AI’s integration into digital behemoths like Apple.
Also Read: Uniswap Founder Discusses 8 Ethical Considerations in Token Launch
