NEAR Protocol

Render

2024

Akash Network

In today’s greedy world, everyone seeks the next crypto that can generate whopping life-changing profits.
Even though there are many such examples, the investors got hefty returns, even with a small upfront investment. Many have high hopes that they will find the same if lucky.&nbsp;
However, the difficult part was always to find a potential crypto before it exploded. In this article, we have discussed some assets that have a realistic chance based on their price structures and sentiment, and they could run giant.&nbsp;
<h2 class="wp-block-heading" id="h-top-cryptos-race-led-by-near-protocol-near">Top Cryptos Race Led by NEAR Protocol (NEAR)?&nbsp;</h2>
NEAR Protocol (NEAR) is an L1 blockchain forged to offer an intriguing platform with a developer-friendly environment for creating dApps. NEAR’s consensus mechanism is known as Thresholded Proof-of-Stake (TPoS), and the architecture is called Nightshade. It enables Near protocol to process a high volume of transactions.
Its unique property lies behind its protocol, which utilizes a sharding method to skyrocket its performance. The network gets multiplied by dividing the network into smaller networks known as the shards. Each one of those shards handles a part of the network’s transaction simultaneously and the process known by Sharding.
In 2024, the price showed some excellent gains in the first quarter, but the deterioration was massive by the second and half of the third quarter. Now, the price has attempted to bounce after reforming the support on its earlier demand zone.&nbsp; 
<a href="https://in.tradingview.com/chart/NEARUSD/fDm0i6gn-the-network-gets-multiplied-by-dividing-the/" rel="noopener noreferrer nofollow"></a><a href="https://in.tradingview.com/u/Sam_TCR/" rel="noopener noreferrer nofollow"></a><a href="https://in.tradingview.com/" rel="noopener noreferrer nofollow"></a> 
When writing, the NEAR price traded near $3.88, with a market cap of over $4 billion, precisely $4.305 Billion. In terms of market capitalization, it ranked 20th among the top 50 projects.
<h2 class="wp-block-heading" id="h-render-network-rndr">Render Network (RNDR)</h2>
Render Network (RNDR) is a blockchain platform forged to work to decentralize GPU cloud rendering.
Many might have questions about how GPU needs heavy pieces of equipment and how RNDR does it. So, creators often submit their rendering jobs to get fulfilled, and the quickest-to-grab node operators utilize their available GPU capacity to work on these tasks, which lets them earn RNDR tokens as payment.
Moreover, it can link those required for rendering services with the owners of high-performance GPUs. That makes the process simpler, more cost-effective, and swift compared to other solutions.
2024 sha owed recovery in the RNDR price by the first quarter but showed a decline due to a giant sell-off from the YTD all-time high (ATH). Now, the price has made an attempt to rise after reforming the previous demand zone.&nbsp; 
<a href="https://in.tradingview.com/chart/RNDRUSD/AJi3sz1w-showed-recovery-in-the-RNDR-price-by/" rel="noopener noreferrer nofollow"></a><a href="https://in.tradingview.com/u/Sam_TCR/" rel="noopener noreferrer nofollow"></a><a href="https://in.tradingview.com/" rel="noopener noreferrer nofollow"></a> 
The RNDR price traded near $4.53 at press time, with a market cap of $1.776 Billion. By market capitalization, it ranked 43rd and was positioned among the top 50 crypto projects, per CoinMarketCap.
<h2 class="wp-block-heading" id="h-akash-network-akt">Akash Network (AKT)</h2>
Akash Network is a blockchain technology-powered cloud computing marketplace where users can buy and sell cloud resources using the AKT as a payment method.&nbsp;
It has a pretty straightforward model, and that’s the reason many look interested in its crypto asset. Users needing cloud computing can purchase resources hassle-free from those with surplus capacity in a peer-to-peer setup.
The platform has attracted both businesses and individuals by offering decentralized storage and asset ownership at a lower cost.
The AKT had peaked at the beginning of 2024 but plummeted thereon. However, the recent support formed near an interesting buying zone, where an earlier boost was witnessed. 
<a href="https://in.tradingview.com/chart/AKTUSD/JJNYlJJe-AKT-had-peaked-in-the-beginning-of-2024-but/" rel="noopener noreferrer nofollow"></a><a href="https://in.tradingview.com/u/Sam_TCR/" rel="noopener noreferrer nofollow"></a><a href="https://in.tradingview.com/" rel="noopener noreferrer nofollow"></a> 
At the time of writing, the AKT token price traded at $2.56, ranking 86th with a market cap of $647 Million. It is an asset worth a watch among the top 100 assets.
The post <a href="https://www.thecoinrepublic.com/2024/08/12/crypto-gems-can-near-rndr-akt-be-the-3-top-cryptos/" rel="noopener noreferrer nofollow">Crypto Gems: Can NEAR, RNDR, AKT be The 3 Top Cryptos?</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.

Crypto Gems: Can NEAR, RNDR, AKT be The 3 Top Cryptos?

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