RNDR Price Analysis: As Render Token Primes In Chart, is Other Coin Next to Explode? 

In the latest RNDR price analysis, discover why Render Network prices are soaring and uncover price action as RNDR bulls aim higher. Also, find out why investors are flocking to the ongoing 99BTC presale.

Apart from the correction in April, cryptocurrencies have been on an uptrend. Bitcoin broke 2021 highs while leading altcoins, especially those fusing crypto and artificial intelligence (AI), outperformed the markets.

$RNDR

I think we could see some downside to clear these lows, but I think ultimately price wants those highs

I'd look for something as such

PrimeXBT: https://t.co/OTUhr9yJDE pic.twitter.com/pvN6Zu5fAg

— Tyler (@4500px) May 29, 2024

Among one of the top performers is the Render Network (RNDR). As the name suggests, the platform allows graphic designers to render their creations cheaply, tapping into a decentralized network of computing power.

Render Network Surging, RNDR Up 45% in May 2024

The network is accessible on demand, and payment is made via RNDR. RNDR has been tearing up for what the platform offers, adding 45% from May 2024 lows.

The coin is consolidating horizontally at spot rates but remains within an uptrend. Support is found at around $9.7. Resistance is at $11.5.

(RNDRUSDT)

RNDR will likely fly and break $13.5, registering fresh 2024 highs if there is a close above this local liquidation line.

That will likely happen.

Nvidia, a major player in the AI space, continues to surpass market expectations, with NVDA share prices recently breaking $1,000.

With Nvidia setting the trend, RNDR and other crypto AI tokens will follow suit.

It gets even more interesting now that Apple users can access Render Network’s immense rendering power through Octane X.

#OctaneX was featured in today’s @Apple keynote!

Apple users can augment the massive increase in rendering power on the M4 with access to near unlimited high performance decentralized GPU compute power on @rendernetwork using Octane X. pic.twitter.com/WwfC8mIBB1

— The Render Network (@rendernetwork) May 7, 2024

Smart Investors Double Down on 99BTC, 99Bitcoins Presale Raises Over $1.7 Million

While RNDR price is grabbing headlines, analysts are also looking at 99BTC, the native token of the learn-to-earn platform 99Bitcoins.

99Bitcoins (99BTC) is a pioneer in crypto news reporting but has been revamped.

Its objective now is to revolutionize crypto education by rewarding users with 99BTC tokens for actively engaging with educational content like courses, quizzes, and tutorials.

The launch of the 99BTC takes things a step further.

Through the learn-to-earn model, users receive 99BTC rewards while they learn. This gamification and prospects of 99Bitcoins reshaping the L2E landscape explain the viral success of the 99BTC presale.

As of late May, each 99BTC token has been available for just $0.00107, but the project has raised over $1.7 million.

This soaring presale interest indicates that many are scrambling to buy this token at the current discount level before it spikes by 100X in the upcoming bull run.

Moreover, 99Bitcoins is airdropping $99,999 BTC to 99 early adopters.

Our $99,999 $BTC #Airdrop is heating up, and the clock is ticking! ⏰

Ensure you've crossed off all the steps to boost your chances of being one of the 99 lucky winners! 🔥

Get started now! 👉 https://t.co/ZXji0s6ACe#99Bitcoins #Tether #Coinbase pic.twitter.com/cHRJ95Tpa3

— 99Bitcoins (@99BitcoinsHQ) May 7, 2024

99BTC is an ERC-20 token. However, in the months ahead, they will transition to a BRC-20 token.

If successful, this cross-chain bridge could position 99BTC as a pioneer in utilizing Bitcoin’s latest development: data inscription on the blockchain.

Even so, what’s exciting is the timing of the 99Bitcoins presale. The United States SEC approved the listing of all spot Ethereum ETFs.

This means that ETH will eventually be clarified and considered a commodity, just like BTC. If this happens, ERC-20 tokens will roar, and 99BTC won’t be an exception.

Rising prices mean more capital gains – however, there is more in store for investors choosing to buy and stake 99BTC.

The platform offers a 984% APY for staking, explaining why over 1.1 million 99BTC have been securely staked.

As things stand, the ongoing 99BTC presale is proving to be one of this year’s most exciting offerings. Once it lists, the token can easily spike, soaring by 1,000%, outperforming leading meme coins like PEPE.

Buy 99BTC Here

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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