{"id":610791,"date":"2024-05-31T10:49:11","date_gmt":"2024-05-31T10:49:11","guid":{"rendered":"https:\/\/wncen.com\/?post_type=press_release&p=610791"},"modified":"2024-05-31T12:55:10","modified_gmt":"2024-05-31T12:55:10","slug":"crypto-market-recovery-altcoins-witness-surge-as-render-rndr-worldcoin-wrd-lead-gains","status":"publish","type":"press_release","link":"https:\/\/wncen.com\/press-releases\/crypto-market-recovery-altcoins-witness-surge-as-render-rndr-worldcoin-wrd-lead-gains\/","title":{"rendered":"Crypto Market Recovery: Altcoins Witness Surge As Render (RNDR) & Worldcoin (WRD) Lead Gains"},"content":{"rendered":"

It\u2019s a week of the underdogs in the crypto world. AI-powered altcoins and meme coins are having a filled week, even as Bitcoin (BTC) and Ethereum (ETH), the undisputed crypto heavyweights, struggle.<\/p>\n

The radar is on two AI-powered altcoins: Render and Worldcoin, which have seen surges in their prices and trading volumes in the past 24 hours. These underdogs are proving that utility is everything, once a coin has utility, it will undoubtedly attract investors\u2019 money and its growth will not be tied to those of the big two (ETH and BTC).<\/p>\n

Render\u2019s 300% Spike Is A Promise For Content Rendering<\/h3>\n

\"\"<\/p>\n

Image Credit: Ksantini<\/a> | Medium<\/p>\n

Render Network, the company behind Render token (RNDR), has an impressive resume. Render aims to decentralize rendering, by offering a distributed network of GPUs, which users can tap into and enjoy low-cost, efficient, and top-quality rendering of their digital content.<\/p>\n

Investors\u2019 money is one of the litmus tests for gauging the viability of a product, and Render has been catching investors\u2019 eyes. The past 12 months have seen Render gulp in an impressive 300% growth. This growth trajectory could see Render break past its previous all-time high of $13.60.<\/p>\n

\"\"<\/p>\n

Image Credit: Coingecko<\/a><\/p>\n

$RNDR is listed on several exchanges, and as the native cryptocurrency of the Render Network, it serves as the exchange medium within the Render ecosystem and helps to access rendering services.<\/p>\n

Worldcoin\u2019s Surge in Price and Trading Volume<\/h3>\n

\"\"<\/p>\n

Image Credit: Worldcoin<\/a><\/p>\n

The price of Worldcoin saw a 5% rise in the past 24 hours, and its trading volume surged to $525 million, more than double what it was.<\/p>\n

The name Sam Altman rings a bell. He\u2019s the CEO of OpenAI, the company behind the viral chatbot ChatGPT. Worldcoin is another darling child of Sam, and his reputation has been robbed positively by the token.<\/p>\n

Worldcoin as a company is bringing innovation to identity verification; it aims to create a decentralized ID verification system using blockchain technology. The company aims to store, on the blockchain, the user\u2019s iris pattern that it scanned using its Orb scanners.<\/p>\n

There have been mixed reactions and controversies concerning privacy, as the security of OpenAI\u2019s database was called into question. This led to Worldcoin operations being halted in Hong Kong.<\/p>\n

On May 15, however, Worldcoin made it known that it had moved users’ data to a more secure database and had completely deleted the previous one. The recent surge in the value of the coin seems like an indication that investors\u2019 trust in the project is mounting.<\/p>\n

Utility is everything. Coins that are backed by products built to provide innovative solutions will thrive due to the innovation they provide. This is the case with the two altcoins Render and Worldcoin. Despite being new kids on the block, Render\u2019s mission to revolutionize 3-D rendering and Worldcoin\u2019s mission to bring innovation to ID verification is making investors tick. The recent surge in the prices of both coins could be a product of investors\u2019 belief in the solutions the underlying companies are bringing.<\/p>\n

Learn more on AlgoTech\u2019s Presale:<\/p>\n

Visit Algotech Presale<\/a><\/p>\n

Join The Algotech Community<\/a><\/p>\n

Disclaimer:\u00a0This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.<\/i><\/b><\/p>\n

 <\/p>\n

Images Credit: Traxer<\/a> | Unsplash<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s a week of the underdogs in the crypto world. AI-powered altcoins and meme coins are having a filled week, even as Bitcoin (BTC) and Ethereum (ETH), the undisputed crypto heavyweights, struggle. The radar is on two AI-powered altcoins: Render and Worldcoin, which have seen surges in their prices and trading volumes in the past 24 hours. These underdogs are proving that utility is everything, once a coin has utility, it will undoubtedly attract investors\u2019 money and its growth will not be tied to those of the big two (ETH and BTC). Render\u2019s 300% Spike Is A Promise For Content Rendering Image Credit: Ksantini | Medium Render Network, the company behind Render token (RNDR), has an impressive resume. Render aims to decentralize rendering, by offering a distributed network of GPUs, which users can tap into and enjoy low-cost, efficient, and top-quality rendering of their digital content. Investors\u2019 money is one of the litmus tests for gauging the viability of a product, and Render has been catching investors\u2019 eyes. The past 12 months have seen Render gulp in an impressive 300% growth. This growth trajectory could see Render break past its previous all-time high of $13.60. Image Credit: Coingecko $RNDR is listed on several exchanges, and as the native cryptocurrency of the Render Network, it serves as the exchange medium within the Render ecosystem and helps to access rendering services. Worldcoin\u2019s Surge in Price and Trading Volume Image Credit: Worldcoin The price of Worldcoin saw a 5% rise in the past 24 hours, and its trading volume surged to $525 million, more than double what it was. The name Sam Altman rings a bell. He\u2019s the CEO of OpenAI, the company behind the viral chatbot ChatGPT. Worldcoin is another darling child of Sam, and his reputation has been robbed positively by the token. Worldcoin as a company is bringing innovation to identity verification; it aims to create a decentralized ID verification system using blockchain technology. The company aims to store, on the blockchain, the user\u2019s iris pattern that it scanned using its Orb scanners. There have been mixed reactions and controversies concerning privacy, as the security of OpenAI\u2019s database was called into question. This led to Worldcoin operations being halted in Hong Kong. On May 15, however, Worldcoin made it known that it had moved users’ data to a more secure database and had completely deleted the previous one. The recent surge in the value of the coin seems like an indication that investors\u2019 trust in the project is mounting. Utility is everything. Coins that are backed by products built to provide innovative solutions will thrive due to the innovation they provide. This is the case with the two altcoins Render and Worldcoin. Despite being new kids on the block, Render\u2019s mission to revolutionize 3-D rendering and Worldcoin\u2019s mission to bring innovation to ID verification is making investors tick. The recent surge in the prices of both coins could be a product of investors\u2019 belief in the solutions the underlying companies are bringing. Learn more on AlgoTech\u2019s Presale: Visit Algotech Presale Join The Algotech Community Disclaimer:\u00a0This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.   Images Credit: Traxer | Unsplash  <\/p>\n","protected":false},"author":9,"featured_media":610798,"parent":0,"template":"","class_list":["post-610791","press_release","type-press_release","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nCrypto Market Recovery: Altcoins Witness Surge As Render (RNDR) & Worldcoin (WRD) Lead Gains | NewsBTC<\/title>\n<meta name=\"description\" content=\"It\u2019s a week of the underdogs in the crypto world. 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