{"id":528821,"date":"2023-04-27T05:30:45","date_gmt":"2023-04-27T05:30:45","guid":{"rendered":"https:\/\/ktsl888.com\/?p=528821"},"modified":"2023-04-27T05:32:18","modified_gmt":"2023-04-27T05:32:18","slug":"rndr-the-biggest-gainer-today","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/rndr-the-biggest-gainer-today\/","title":{"rendered":"Render (RNDR): Biggest Gainer Among Top 100 Cryptos With A 22% Climb"},"content":{"rendered":"
Render (RNDR) is one of the biggest gaining coins this week. According to CoinGecko, the token is up 11% in the last 24 hours, and 22% in the last week. With Bitcoin and Ethereum experiencing a strong bullish sentiment, RNDR might experience a bigger upside in the medium to long term.\u00a0<\/span><\/p>\n After a tough start this week, the market is finally showing signs of vigor. According to <\/span>CoinGecko<\/span><\/a>, the total market cap of crypto rose nearly 3% since yesterday, flipping sentiment from bearish to bullish.\u00a0<\/span><\/p>\n Despite this, macroeconomic uncertainty will still be a major driving force for the bears. With this week being jam-packed with <\/span>new data<\/span><\/a> that would affect investor sentiment, investors should stay cautious of the current market situation.\u00a0<\/span><\/p>\n <\/p>\n <\/p>\n Render has been on a roll recently as on-chain developments continue. <\/span>RNP-002<\/span><\/a>, the proposal to move the Render network to the Solana blockchain, has concluded last week. With Render\u2019s help, Solana\u2019s NFT space will benefit greatly as Render <\/span>helps<\/span><\/a> in the quick generation of digital assets.\u00a0<\/span><\/p>\n \u201cThis rendered in 5 min at 1500 samples on the #RenderNetwork<\/a>.. Would have taken my computer 3 hours or more (dual 3090).\u201d \u2022 Made in #C4D<\/a> and #Octane<\/a> \ud83e\udd0d pic.twitter.com\/uFiyHRWhGf<\/a><\/p>\n \u2014 Render Network | RNDR (@RenderToken) April 20, 2023<\/a><\/p><\/blockquote>\n RNP-003 has also concluded with an overall positive vote by the community. Titled \u201c<\/span>Resource Acquisition and Allocation for Core Team and Grants”, the proposal aims to push decentralization on the network. According to their <\/span>blog post<\/span><\/a> regarding the proposal, it is an important step as this would push Render from being run by a core team to being run by the community.\u00a0<\/span><\/p>\n Despite the positive developments for the network, fears surrounding the banking system were <\/span>renewed<\/span><\/a> as First Republic Bank and senior officials of the Federal Deposit Insurance Corp. revealed that they are considering downgrading their scoring of the bank. This would block the bank from receiving loans from the FDIC, further adding stress to the banking system.\u00a0<\/span><\/p>\nSource: Coingecko<\/pre>\n
Off-Chain Development Offsets Macro Uncertainty<\/strong><\/h2>\n
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\n– Rowan While @rowanwhile<\/a><\/p>\n