Render (RNDR): Biggest Gainer Among Top 100 Cryptos With A 22% Climb
2023年4月27日 - 2:30PM
NEWSBTC
Render (RNDR) is one of the biggest gaining coins this week.
According to CoinGecko, the token is up 11% in the last 24 hours,
and 22% in the last week. With Bitcoin and Ethereum experiencing a
strong bullish sentiment, RNDR might experience a bigger upside in
the medium to long term. After a tough start this week, the
market is finally showing signs of vigor. According to CoinGecko,
the total market cap of crypto rose nearly 3% since yesterday,
flipping sentiment from bearish to bullish. Despite this,
macroeconomic uncertainty will still be a major driving force for
the bears. With this week being jam-packed with new data that would
affect investor sentiment, investors should stay cautious of the
current market situation. Source: Coingecko Off-Chain
Development Offsets Macro Uncertainty Render has been on a roll
recently as on-chain developments continue. RNP-002, the proposal
to move the Render network to the Solana blockchain, has concluded
last week. With Render’s help, Solana’s NFT space will benefit
greatly as Render helps in the quick generation of digital
assets. “This rendered in 5 min at 1500 samples on the
#RenderNetwork.. Would have taken my computer 3 hours or more (dual
3090).” – Rowan While @rowanwhile • Made in #C4D and #Octane 🤍
pic.twitter.com/uFiyHRWhGf — Render Network | RNDR (@RenderToken)
April 20, 2023 RNP-003 has also concluded with an overall positive
vote by the community. Titled “Resource Acquisition and Allocation
for Core Team and Grants”, the proposal aims to push
decentralization on the network. According to their blog post
regarding the proposal, it is an important step as this would push
Render from being run by a core team to being run by the
community. Despite the positive developments for the network,
fears surrounding the banking system were renewed as First Republic
Bank and senior officials of the Federal Deposit Insurance Corp.
revealed that they are considering downgrading their scoring of the
bank. This would block the bank from receiving loans from the FDIC,
further adding stress to the banking system. Related Reading:
Will AVAX Price Get A Lift From Avalanche NFTs? Let’s Examine The
Metrics Although other regional banks released their financials
that reassured the market, First Republic’s results dampened
investor sentiment as banking fears were magnified. However,
Geoff Kendrick, the head of digital assets research at Standard
Chartered, believes that the crypto winter has finally ended along
with a $100k Bitcoin prediction by the end of 2024. If this ever
happens, Render is on the right path for higher highs. RNDR/US
Dollar trading at $2.36 on the daily chart at TradingView.com
Related Reading: 37 Billion Dogecoin Holdings In Jeopardy: Price
Level Investors Should Watch Render (RNDR) Investors Should Watch
This Level The bulls seem to be active in the $2 support range
which is crucial. This invigorates investors and traders to defend
this support level at all costs as a bearish break on the $2 level
could spell disaster for RNDR. Targeting $2.35 in the short
to medium term would also be beneficial as this would open up the
road toward higher highs. -Featured image from The Coin
Republic
Solana (COIN:SOLUSD)
過去 株価チャート
から 3 2024 まで 4 2024
Solana (COIN:SOLUSD)
過去 株価チャート
から 4 2023 まで 4 2024