'Nvidia of Crypto' Token Declines Over 30% in Just One Month
Wednesday, 17 April 2024, 11:49
Render (RNDR) Price Analysis
Despite its initial gains at the beginning of the year, RNDR has experienced a sharp decline of over 30% in the last month.
Market Cap Decline
The market capitalization of RNDR has dropped from $4.67 billion to $3.02 billion, resulting in significant losses.
Reasons for Decline
Analysis suggests the dissipation of the AI hype in the market and its potential impact on RNDR's price volatility.
Expert Predictions
Crypto analyst Michaël van de Poppe recommends buying RNDR within a specific price range, emphasizing the importance of thorough research before investing.
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