• 30 May, 2024
Market News

Render (RNDR) Leads Crypto Market Surge Amid AI, Big Data Boom

The crypto market remains dynamic as projects tied to emerging AI and Big Data technologies continue to gain traction. As per Santiment data, Render (RNDR) has gained significant attention and stands out as the leading trending asset in recent times. Other tokens, such as AIOZ, TURBO, CIRUS, and DERI, have also been notable contributors to the crypto sector.

As per the data thrown up by Coingecko, the performance of the token has been tracked. Render (RNDR) has experienced a remarkable uptick in activity. At press time, the token traded at $10.36, with a 24-hour trading volume exceeding $491 million. Despite a slight 0.43% decline in the past day, RNDR saw an impressive 42.47% surge over the last week. With a circulating supply of 390 million tokens, it boasts a market capitalization of approximately $4.03 billion. RNDR has added a cumulative 46.84% over the last 7 days, outperforming the wider cryptocurrency market, which has added 6.1% over that time frame and continues to outstrip other Polygon-based projects. 

AIOZ Network (AIOZ) is another performer among the top 100, gaining a cumulative 117.11% on the day to trade around $0.8078. Though it has seen a 0.27% decrease over the last 24 hours, it has surged by over 36% in the past 7 days. With 1.1 billion tokens now in circulation, it values its market cap at over $883 million. 

Turbo (TURBO) presents a mixed outlook, by trading at $0.0007356 during reporting, after a downfall of 1.98% over 24 hours. Despite this decline, it gained 39.31% in the past week. Its 69 billion token supply translates to a market cap of just over $50.8 million.

Cirus (CIRUS) trades at $0.02531 after a 3% increase in the last 24 hours. However, its performance over the past week reflects a 0.85% decline. Meanwhile, Deri Protocol (DERI) saw a 14.35% 24-hour price increase to $0.01154, gaining 2.92% over the week. With a circulating supply of 130 million tokens, it holds a market cap of nearly $1.5 million.

The continued volatility and momentum of these tokens underscore the rapidly changing landscape of cryptocurrency projects linked to AI and Big Data. Their individual trends provide insights into the unpredictable yet exciting nature of this sector.

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