Render surges 40% in a day: Can RNDR break $12?

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AMB Crypto 1 year ago 200

  • Render surged by 40.16%  to a nine-month high over the past day.
  • Market indicators suggested that the altcoin could hit a new ATH.

Over the past 24 hours, Render [RNDR] has experienced a massive rally to hit a 9-month high of $11.853. This marked a 40.16% increase over this period.

The altcoin experienced an exponential spike in trading activities, with volume increasing by 244.93% to $4.23 billion. Simultaneously, the market cap surged past the $5 billion mark.

During this period, Render outperformed Bitcoin’s [BTC ($89,845.00)] despite BTC surpassing the $100K milestone. Among other AI coins, Internet Computer Protocol [ICP ($3.23)] declined by 2.08%, Bittensor [TAO ($293.49)] dropped by 5.23%, and NEAR ($1.63) Protocol [NEAR]  rose by 2.7%.

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