Render (RNDR) price rallies as community passes key proposal
Render (RNDR) price was up 5% in the past 24 hours and 52% in the past 30 days. The AI related crypto project has seen positive sentiment amid greater adoption of its technology. A community vote has also passed a proposal to onboard cloud computing platform Beam. The price of Render rose sharply on Friday as the AI crypto token continued the outperformance seen this past week. RNDR traded more than 5% up to highs of $2.25 in the 24-hour period to the time of writing, with weekly and monthly g AI ns at 13% and 52% respectively. Recent upward momentum has benefited from AI hype driven by forecasts from m AI nstream companies, including Microsoft, Nvidia and Palantir. RNDR price up as community votes for key proposal Render’s upside appears to have defied likely sell-off pressure after on-chain data revealed FTX/Alameda had moved over 974k RNDR tokens. While the transfer of the tokens, valued around $2 million at the time, was probably for selling pu...