$RENDER hits $2.54 as the transition to general-purpose AI compute drives massive repricing.
What's Happening:
Rally: RENDER surges to $2.54; massive network growth.
Utility: Compute Subnet launch expands network from just graphics to full AI/ML workloads.
Adoption: 22 Million frames rendered; 600+ AI models integrated via OTOY.
Sentiment: Fear & Greed at 67 (Greed); volume up 30%.
Why It Matters:
Render is successfully pivoting. It's no longer just for 3D artists; it's a decentralized cloud for AI. The market is pricing RENDER as a direct competitor to centralized GPU providers, and the "DePIN for AI" narrative is exploding.
Technical View:
Parabolic move. Cleared $2.50. RSI is overbought, so volatility is expected. Support at $2.20.
🎯 Key Levels:
Support: $2.30 | Resistance: $2.70
24h Range: $2.40 - $2.60
💡 "GPUs are the oil of the 21st century. Render is the pipeline."
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#RenderNetwork #RENDER #DePIN #GPU #AI
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
