Nvidia Rival Altcoin Put on a Show in 3 Days: What Triggered the Rise?

While the artificial intelligence protocol Render (RNDR) continues its upward trend without slowing down, all eyes are on the reason behind this sudden movement.

RNDR, one of the favorite names of the cryptocurrency market, has increased in the last 3 days. more than 50% gained value. The rendering project is especially designed with an artificial intelligence-centered business model and decentralized GPU network thanks to 2023 It managed to attract attention by making sudden rises many times throughout the year.

One of the triggering forces of the recent rise in the project is the “RNP-007: FEDML Compute Client” was the vote. With this vote, a positive response was received from the community to the request of the team who wanted to establish a strong bridge and cooperate between FEDML and Render. Voting ongoing on Snapshot at the time of writing 93% in favour. continues with the decision.

FEDML, with which Render wants to cooperate, is a platform for developers and businesses. large language models (LLMs) and other productive artificial intelligence It operates as a next-generation cloud platform that enables users to create, distribute and monetize their applications easily, economically and securely.

If the vote is accepted and the projects cooperate, FEDML’s technology is planned to act as a bridge between the artificial intelligence community and Render’s decentralized GPU network. This will allow artificial intelligence projects to be developed faster and integrated into the ecosystem.

Market experts especially artificial intelligence And decentralized cloud service He thinks that crypto money projects offering cryptocurrencies can make a big splash in the coming bull run.

According to CoinGecko data, since November 13 57% rising RNDR $2.1 from level for $3.3 reached. RNDR at the time of writing from $3.1 finds buyers.

Nvidia Rival Altcoin Put on a Show in 3 Days: What Triggered the Rise? The article titled was prepared by Tugay Erdem and published on koinbulteni.com.

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