Render

when

<div class="finbold"> 
 <p class="paragraph">As the majority of assets in the cryptocurrency sector resume their rally that has intensified in recent weeks, the past months have been particularly kind to artificial intelligence (AI) tokens, including the deemed ‘Nvidia of crypto,’ which has advanced by more than 800% in the last year.</p> 
 <p class="paragraph">Specifically, Render (RNDR), which has positioned itself as the ‘Nvidia of crypto’ due to its potential to become an essential AI infrastructure provider, has made an impressive upward move of 812% in the previous 12 months, racing from $1.90 to the current price of $11.28, as per the data on March 26.</p> 
 <figure class="wp-block-image">
  <img decoding="async" width="918" height="292" src="https://cdn.thebittimes.com/images/2024/03/26/763236bb1c33418a4f421baf00bdf77b.webp" alt="RNDR token price 12-month chart" class="wp-image-163883" srcset="https://cdn.thebittimes.com/images/2024/03/26/763236bb1c33418a4f421baf00bdf77b.webp 918w, https://cdn.thebittimes.com/images/2024/03/26/763236bb1c33418a4f421baf00bdf77b.webp 300w, https://cdn.thebittimes.com/images/2024/03/26/763236bb1c33418a4f421baf00bdf77b.webp 768w" sizes="(max-width: 918px) 100vw, 918px">
  <figcaption class="wp-element-caption">
   <em>RNDR token price 12-month chart. Source: </em><em>CoinMarketCap</em>
  </figcaption>
 </figure> 
 <h2 class="wp-block-heading" id="h-render-and-nvidia">Render and Nvidia</h2> 
 <p class="paragraph">In particular, the platform allows users to rent out idle GPU processing power to others who need it for rendering tasks, thus aiming to democratize access to high-performance computer resources and create a global decentralized rendering network.</p> 
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6"> 
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5"> 
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"> <path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
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 <p class="paragraph">As such, Render Network attracted attention during the largest AI and GPU technology event of the year, NVIDIA GTC 2024, organized by Nvidia (NASDAQ: NVDA), which hosted Render’s founder and CEO Jules Urbach, who shared his company’s vision in the field of distributed GPU computing.</p> 
 <p class="paragraph">Together with other major names from the industry, including Near Protocol (NEAR) co-founder Illia Polosukhin, OpenAI COO Brad Lightcap, and others, Urbach has participated in showcasing the integration possibilities between blockchain and AI, which has contributed to the RNDR token rally.</p> 
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper"> 
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
    <p lang="en" dir="ltr">[1/4] This week’s BTN previews #GTC24, the largest AI and GPU technology event of the year.<br><br>Read more to learn about breakthroughs in AI and GPU technology that are coming to GTC as well as the details of @julesurbach’s talk featuring @rendernetwork!https://t.co/J8lSTKT1Pd</p>— The Render Network (@rendernetwork) March 8, 2024 
   </blockquote> 
  </div>
 </figure> 
 <h2 class="wp-block-heading" id="h-render-token-price-today">Render token price today</h2> 
 <p class="paragraph">At the same time, the native <a rel="dofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a> of the decentralized graphics processing unit (GPU) rendering platform that utilizes blockchain technology to connect artists and creators with GPU power, has also raced 56.18% in the last month, riding on the wave of exceptionally positive sentiment in the <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> and AI markets.</p> 
 <figure class="wp-block-image">
  <img decoding="async" width="918" height="292" src="https://cdn.thebittimes.com/images/2024/03/26/9deb25217d138f9f918582e2168bb00f.webp" alt="RNDR token price 30-day chart" class="wp-image-163884" srcset="https://cdn.thebittimes.com/images/2024/03/26/9deb25217d138f9f918582e2168bb00f.webp 918w, https://cdn.thebittimes.com/images/2024/03/26/9deb25217d138f9f918582e2168bb00f.webp 300w, https://cdn.thebittimes.com/images/2024/03/26/9deb25217d138f9f918582e2168bb00f.webp 768w" sizes="(max-width: 918px) 100vw, 918px">
  <figcaption class="wp-element-caption">
   <em>RNDR token price 30-day chart. Source: </em><em>CoinMarketCap</em>
  </figcaption>
 </figure> 
 <p class="paragraph">By mid-March, the Render token had already attracted the attention of the wider crypto community by adding more than $2 billion to its market capitalization in a single week, increasing from $2.42 billion on March 5 to a massive $4.78 billion on March 11, as Finbold reported at the time.&nbsp;</p> 
 <h2 class="wp-block-heading" id="h-rndr-token-price-prediction">RNDR token price prediction</h2> 
 <p class="paragraph">As for the RNDR price in the future, advanced AI algorithms expect it to continue growing, first hitting $38.05 in a month, and then stabilizing at about $30.90 in the next 12 months, which would represent increases of 237.32% and 173.94%, respectively.</p> 
 <figure class="wp-block-image">
  <img loading="lazy" decoding="async" width="800" height="272" src="https://cdn.thebittimes.com/images/2024/03/26/5deabb198cf4e4dbae61673f979dcfec.webp" alt="RNDR price prediction 1-year chart" class="wp-image-163885" srcset="https://cdn.thebittimes.com/images/2024/03/26/5deabb198cf4e4dbae61673f979dcfec.webp 800w, https://cdn.thebittimes.com/images/2024/03/26/5deabb198cf4e4dbae61673f979dcfec.webp 300w, https://cdn.thebittimes.com/images/2024/03/26/5deabb198cf4e4dbae61673f979dcfec.webp 768w" sizes="(max-width: 800px) 100vw, 800px">
  <figcaption class="wp-element-caption">
   <em>RNDR price prediction 1-year chart. Source: CoinCodex</em>
  </figcaption>
 </figure> 
 <p class="paragraph">All things considered, the RNDR <a rel="dofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a> seems to have a bright future, not just in terms of its native platform, but also when looking at its price in the future, justifying the moniker the ‘Nvidia of <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>.’ However, the situation in the market can easily change, so doing one’s own research is critical before investing.</p> 
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p> 
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/nvidia-of-crypto-token-is-up-over-800-in-a-year-tbt83596.html">https://thebittimes.com/nvidia-of-crypto-token-is-up-over-800-in-a-year-tbt83596.html</a></p>

‘Nvidia of crypto’ token is up over 800% in a year

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