In a month marked by significant value spikes across various altcoins in the cryptocurrency space, Render (RNDR), an AI-focused token, has emerged as a standout player in the AI sector. Renowned for its role in AI infrastructure, RNDR has been drawing comparisons to industry giant Nvidia. In the past 30 days alone, RNDR has surged by an impressive 57%, hitting an all-time high of $13.59 this month. On-chain data indicates a growing interest from whales in accumulating RNDR tokens. Lookonchain reports a notable transaction involving a wallet associated with Amber Group, which withdrew 99,998 RNDR tokens ($1.1 million) from Binance
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Blockchain technology enables a few interesting business models worth looking into. In the case of Render Token, the project focuses on distributed GPU rendering on the blockchain. It is a bit similar to a few other projects, though there are some key differences. It will be interesting to see how this project fares in the future. An Overview of Render Token Render Token is one of the projects which wants to harness unutilized GPU power from all over the world and let people earn money by renting this computing power to others. As such, the project creates a decentralized economy of connected