{"id":481966,"date":"2024-02-19T18:24:28","date_gmt":"2024-02-19T18:24:28","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=481966"},"modified":"2024-02-19T18:24:28","modified_gmt":"2024-02-19T18:24:28","slug":"render-price-prediction-rndr-pumps-40-in-a-week-on-openai-sora-effect-but-traders-still-flock-to-this-other-ico-for-100x-gains","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/render-price-prediction-rndr-pumps-40-in-a-week-on-openai-sora-effect-but-traders-still-flock-to-this-other-ico-for-100x-gains","title":{"rendered":"Render Price Prediction: RNDR Pumps 40% In A Week On OpenAI Sora Effect, But Traders Still Flock To This Other ICO For 100X Gains"},"content":{"rendered":"

The Render price has pumped 40% in the past week <\/span>to trade at $6.19<\/span><\/a> as of 9 a.m. EST on a 12% surge in trading volume to $256 million.<\/span><\/p>\n

RNDR is often called the Nvidia of the crypto industry because of its focus on GPUs (Graphics Processing Units), and it’s among a bevvy of projects to benefit from excitement around the launch by Sam Altman’s OpenAI of Sora, a new AI tool that translates text into video. <\/span><\/p>\n

GPUs are semiconductor devices essential for driving artificial intelligence (AI) solutions and Render aims to be a major player in the industry by offering distributed GPUs on the blockchain. <\/span><\/p>\n

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Bro, you have to research Render Token (#RNDR<\/a>)! Its decentralized GPU for AI, Rendering the metaverse, gaming, VR\/AI +++ a burn mechanism! – the \"NVIDIA\" of Crypto!<\/p>\n

— Marc Weichenthal (@MarcWeichenthal) February 17, 2024<\/a><\/p><\/blockquote>\n