A cryptocurrency in the artificial intelligence sector leads the most important rises of the day. This is the Render Token (RNDR) token that rose more than 20% in the last 24 hours to $2.38.
With this rise, the RNDR was positioned as the crypto asset with the highest price increase in the last 24 hours of the top 100 capitalization. This token was ranked 55th in the ranking, according to the CoinMarketCap explorer.
According to operators, it is related to the general momentum that cryptocurrencies related to artificial intelligence (AI) had.
What are AI-linked cryptocurrencies?
RNDR’s broadcaster, Render Network, is a provider of decentralized GPU (graphics processing unit) based rendering solutions. In this way, it is dedicated to lightening the process of graphic applications that can be linked to artificial intelligence and provide RNDR payments to its users.
VAI, from Vaiot; AGIX, from SingularityNET; FET, from Fetch.ai; DBC, from DeepBrain Chain, and GNYare the other cryptocurrencies related to companies that are dedicated to artificial intelligence.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
