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.
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
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Tue, 18 Apr 2023