Token

Render

Sponge

Gains

<p><span style="font-weight: 400;">The Render price has pumped 40% in the past week </span><a href="https://www.coingecko.com/en/coins/render"><span style="font-weight: 400;">to trade at $6.19</span></a><span style="font-weight: 400;"> as of 9 a.m. EST on a 12% surge in trading volume to $256 million.</span></p> 
<p><span style="font-weight: 400;">RNDR is often called the Nvidia of the crypto industry because of its focus on GPUs (Graphics Processing Units), and it’s among a bevvy of projects to benefit from excitement around the launch by Sam Altman’s OpenAI of Sora, a new AI tool that translates text into video.&nbsp;</span></p> 
<p><span style="font-weight: 400;">GPUs are semiconductor devices essential for driving artificial intelligence (AI) solutions and Render aims to be a major player in the industry by offering distributed GPUs on the blockchain. </span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Bro, you have to research Render Token (<a href="https://twitter.com/hashtag/RNDR?src=hash&amp;ref_src=twsrc%5Etfw">#RNDR</a>)! Its decentralized GPU for AI, Rendering the metaverse, gaming, VR/AI +++ a burn mechanism! – the "NVIDIA" of Crypto!</p> 
 <p>— Marc Weichenthal (@MarcWeichenthal) <a href="https://twitter.com/MarcWeichenthal/status/1758902229124198576?ref_src=twsrc%5Etfw">February 17, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h2 id="span-style-font-weight-400-render-price-breaks-above-the-bullish-pennant-span"><span style="font-weight: 400;">Render Price Breaks Above The Bullish Pennant</span></h2> 
<p><img decoding="async" class="alignnone wp-image-481969 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/RNDRUSDT_2024-02-19_17-19-57.png" alt="Render Price" width="1964" height="849" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/RNDRUSDT_2024-02-19_17-19-57.png 1964w, https://insidebitcoins.com/wp-content/uploads/2024/02/RNDRUSDT_2024-02-19_17-19-57-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/RNDRUSDT_2024-02-19_17-19-57-1024x443.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/RNDRUSDT_2024-02-19_17-19-57-768x332.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/02/RNDRUSDT_2024-02-19_17-19-57-1536x664.png 1536w" sizes="(max-width: 1964px) 100vw, 1964px"></p> 
<p><span style="font-weight: 400;">RNDRUSDT Analysis by Tradingview</span></p> 
<p><span style="font-weight: 400;">The bulls have been resilient in driving the price upwards in a bullish momentum, basing their motion on the $1.808 support zone.&nbsp;</span></p> 
<p><span style="font-weight: 400;">The rejection at $5.22 led to the formation of the bullish pennant pattern, which signals a continuation of the bullish trend, confirming the bull rally ahead. However, the bulls have shown resilience, taking charge of the price at $2.19 support and flying the Render price past the pennant.</span></p> 
<p><span style="font-weight: 400;">The price trades above the 50-day and 200-day Simple Moving Average (SMA). Furthermore, the moving average cross at $1.93 affirms the bullish outlook.</span></p> 
<p><span style="font-weight: 400;">The relative strength index (RSI) is trending upwards at 79, above the overbought region of 70, indicating intense buying pressure.&nbsp;</span></p> 
<p><span style="font-weight: 400;">The MACD has the blue Moving average line crossing the orange signal line on the upside above the midline level. Further, affirming the bullish trajectory, the histogram bars are positive, trading above the neutral level.</span></p> 
<h2 id="span-style-font-weight-400-render-price-could-reach-a-new-high-at-7-22-span"><span style="font-weight: 400;">Render Price Could Reach A New High At $7.22</span></h2> 
<p><span style="font-weight: 400;">With the Render price breaking above the bullish pennant, bulls could be looking to achieve a new high at $7.22&nbsp;</span></p> 
<p><span style="font-weight: 400;">In a converse scenario, if the bears intervene, they could send the price downward, finding support at $5.32 coinciding with the upper boundary of the pennant.</span></p> 
<p><span style="font-weight: 400;">While the Render price continues its surge, many investors are eyeing Sponge V2 for a repeat of the 100x gains it produced last year.</span></p> 
<h2 id="span-style-font-weight-400-sponge-v2-a-promising-opportunity-for-100x-returns-span"><span style="font-weight: 400;">Sponge V2: A Promising Opportunity For 100X Returns</span></h2> 
<p><a href="https://insidebitcoins.com/visit/sponge" rel="nofollow"><span style="font-weight: 400;">Sponge V2 </span></a><span style="font-weight: 400;">has recently emerged on the crypto scene, following the path laid by its predecessor, Sponge V1. If you missed its 100X returns last year, you still have an opportunity for the same again with Sponge V2.</span></p> 
<p><span style="font-weight: 400;">Following a malicious attack on its liquidity pool, the project transitioned onto the Polygon chain earlier this month, when Sponge V1 was discontinued.&nbsp;</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Exciting news, <a href="https://twitter.com/hashtag/SPONGERS?src=hash&amp;ref_src=twsrc%5Etfw">#SPONGERS</a>! 🌟🧽🧽<a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw">#SpongeV2</a> is now live! Visit our website to buy and stake <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SPONGE</a> V2.</p> 
 <p>Check it out below! 👇<a href="https://t.co/nFOSl1ZCD9">https://t.co/nFOSl1ZCD9</a><a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw">#MemeCoin</a> <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw">#Web3</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#Altcoins</a> <a href="https://twitter.com/hashtag/CryptoStaking?src=hash&amp;ref_src=twsrc%5Etfw">#CryptoStaking</a> <a href="https://t.co/T4DCAKhcxF">pic.twitter.com/T4DCAKhcxF</a></p> 
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1754810364863422520?ref_src=twsrc%5Etfw">February 6, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h2 id="span-style-font-weight-400-an-attractive-staking-opportunity-and-a-new-racing-game-span"><span style="font-weight: 400;">An Attractive Staking Opportunity, And A New Racing Game</span></h2> 
<p><span style="font-weight: 400;">By staking SPONGE V2, investors earn an </span><span style="font-weight: 400;">impressive annual percentage yield (APY) of up to 1,003% on Polygon. More than 8.4 billion tokens have already been staked.</span></p> 
<p><span style="font-weight: 400;">The team is also launching a new Play-to-Earn (P2E) racing game soon. It will feature both free and paid versions where players participate in races for the opportunity to earn token rewards.&nbsp;</span></p> 
<p><span style="font-weight: 400;"> <img decoding="async" class="alignnone wp-image-481968 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/v2.jpg" alt="" width="733" height="448" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/v2.jpg 733w, https://insidebitcoins.com/wp-content/uploads/2024/02/v2-300x183.jpg 300w" sizes="(max-width: 733px) 100vw, 733px"></span></p> 
<p><span style="font-weight: 400;">Crypto analyst Jacob Bury cites these features, and the likelihood of new listings on major exchanges coming soon, as key reasons behind why he believes Sponge V2 has the potential to 100X on launch.</span></p> 
<p><iframe title="SPONGE V2 Meme Coin Launching SOON - Next 100X Crypto?!" width="640" height="360" src="https://www.youtube.com/embed/1kIF9YmV0CM?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p> 
<p><span style="font-weight: 400;">To buy SpongeV2, visit the official </span><a href="https://insidebitcoins.com/visit/sponge" rel="nofollow"><span style="font-weight: 400;">SpongeV2 website</span></a><span style="font-weight: 400;">&nbsp;and connect your digital wallet to swap ETH or USDT for V2 tokens. You can also buy using your bank card.</span></p> 
<h2 id="span-style-font-weight-400-related-articles-span"><span style="font-weight: 400;">Related Articles</span></h2> 
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Render Price Prediction: RNDR Pumps 40% In A Week On OpenAI Sora Effect, But Traders Still Flock To This Other ICO For 100X Gains

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