Currencies33201
Market Cap$ 3.06T-0.60%
24h Spot Volume$ 37.22B+1.40%
DominanceBTC61.38%+0.57%ETH7.10%-0.95%
ETH Gas0.56 Gwei
Cryptorank
MainNewsCrypto Analy...

Crypto Analyst Recommends Buying RNDR Token as AI Investment Soars


by CoinEdition
  • A crypto analyst identifies RNDR as a highly promising investment in the AI sector.
  • Render Network aims to decentralize GPU power rental.
  • Render Network has partnered with industry giants like Apple, Microsoft, and Google.

Renowned crypto analyst Miles Deutsche has identified Render Network’s RNDR token as a highly promising investment in the rapidly growing field of artificial intelligence (AI).

Deutsche argued that the AI technology sector is expected to witness a remarkable threefold increase in investment, reaching a staggering $97.9 billion in 2023. He believes that as the demand for GPU power rises with AI development, Render Network stands at the forefront of providing a decentralized solution.

Render Network is a blockchain-based platform that allows users to rent out their GPU power to those needing rendering services, such as 3D modeling, animation, and graphic rendering.

With applications across various industries, including gaming, NFT creation, metaverse development, architecture, and animation, the crypto analyst noted that Render Network is poised to capitalize on the increasing demand for computational resources.

Deutsche also based…

The post Crypto Analyst Recommends Buying RNDR Token as AI Investment Soars appeared first on Coin Edition.

Read the article at CoinEdition
MainNewsCrypto Analy...

Crypto Analyst Recommends Buying RNDR Token as AI Investment Soars


by CoinEdition
  • A crypto analyst identifies RNDR as a highly promising investment in the AI sector.
  • Render Network aims to decentralize GPU power rental.
  • Render Network has partnered with industry giants like Apple, Microsoft, and Google.

Renowned crypto analyst Miles Deutsche has identified Render Network’s RNDR token as a highly promising investment in the rapidly growing field of artificial intelligence (AI).

Deutsche argued that the AI technology sector is expected to witness a remarkable threefold increase in investment, reaching a staggering $97.9 billion in 2023. He believes that as the demand for GPU power rises with AI development, Render Network stands at the forefront of providing a decentralized solution.

Render Network is a blockchain-based platform that allows users to rent out their GPU power to those needing rendering services, such as 3D modeling, animation, and graphic rendering.

With applications across various industries, including gaming, NFT creation, metaverse development, architecture, and animation, the crypto analyst noted that Render Network is poised to capitalize on the increasing demand for computational resources.

Deutsche also based…

The post Crypto Analyst Recommends Buying RNDR Token as AI Investment Soars appeared first on Coin Edition.

Read the article at CoinEdition