RNDR – DIGIT INFO

Render Network Wallet Activity Sparks Speculation Amidst Token Unlock

Recent activity from Wallet 0x4f5, suspected to belong to Render Network, has caught the attention of market observers, raising speculation about the project’s intentions amidst a scheduled token unlock. In a series of transactions, the wallet deposited a substantial amount of 1.35 million RNDR tokens (valued at $10.98 million) to Binance, with an average price of $8.13 over the past few hours. Notably, just five hours prior, the wallet received 2.5 million RNDR tokens from Render Network’s wallets, valued at $20.79 million, at a slightly higher price of $8.316 per token. Intriguingly, the wallet has since deposited 1.652 million RNDR

The post Render Network Wallet Activity Sparks Speculation Amidst Token Unlock appeared first on The Merkle News.

Go to Source

Render Token (RNDR) Gains Momentum Amid AI Market Surge

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

The post Render Token (RNDR) Gains Momentum Amid AI Market Surge appeared first on The Merkle News.

Go to Source

Artificial Intelligence Tokens Surge Amidst Market Shift, RNDR Makes Distinctions

In a notable shift within the cryptocurrency market, tokens associated with artificial intelligence (AI) have witnessed a significant uptick in value, diverging from the recent focus on meme coins that dominated the market landscape last week. This surge in value reflects evolving dynamics within the industry, driven by pivotal changes and developments. Affected by the #NVIDIA #GTC24, the price of $RNDR increased by 33.6% today! A wallet related to #RenderNetwork deposited 1.58M $RNDR ($15.43M) to #Binance after the price increased. This wallet received 3.4M $RNDR($33M) from #RenderNetwork escrow wallet and vesting wallet.… pic.twitter.com/IZDpiUOVpr — Lookonchain (@lookonchain) March 7, 2024 One

The post Artificial Intelligence Tokens Surge Amidst Market Shift, RNDR Makes Distinctions appeared first on The Merkle News.

Go to Source

Whale’s Move From $RNDR To $LDO Sparks Market Activity

In the dynamic cryptocurrency market, Lido DAO (LDO) experienced a substantial 12% surge in the last 24 hours, reaching $3.6, while its market capitalization stands at an impressive $3 billion. Santiment’s recent revelation highlighted Lido DAO among the tokens witnessing a surge in address activity, indicating growing interest and participation since the beginning of the year. Today, Spotonchain detected a strategic move by a smart trader identified as “0xfc9,” who successfully executed a swap from $RNDR to $LDO on Coinbase amid significant price fluctuations. This strategic maneuver resulted in an 11% drop in $RNDR’s value on the 24-hour chart, while

The post Whale’s Move From $RNDR To $LDO Sparks Market Activity appeared first on The Merkle News.

Go to Source

Technical Analysis: Gamestop Partnership Sends IMX 35% Higher

Immutable X avoided Thursday’s red wave, and was one of this week’s biggest crypto gainers, following news of a partnership with Gamestop. IMX climbed by over 35% today, with QNT also extending recent gains. As of writing, crypto markets were almost 4% lower. Biggest gainers Despite the bearish pressure on crypto markets this Thursday, there […]

Go to Source