As the crypto AI space continues to capture attention, RENDER has surged by 80% over the past month, while Artificial Superintelligence Alliance (FET) has risen by 37%.
At the same time, iDEGEN, a cutting-edge project combining artificial intelligence (AI) with blockchain, has raised over $1.22 million in its ongoing presale.
Render (RENDER) rockets ahead with 80% surge
Render Network, which recently rebranded from RNDR to RENDER, has seen a significant uptick in its market performance, with its native token gaining 80.8% in the last 30 days.
Currently priced at $8.84, RENDER is up 165.1% rise in the last year, reflecting sustained bullish momentum.
RENDER’s recent price increase can be attributed to a combination of factors. One of the most significant drivers is Render’s solid position in the growing decentralized cloud rendering space.
As demand for high-performance computing increases across industries like gaming, animation, and AI development, Render’s innovative platform enables users to rent GPU power for rendering tasks, making it an attractive option for businesses and developers.
Render’s rebranding to RENDER has also played a key role in this growth. The new identity signifies a broader vision and commitment to expanding the network’s offerings. With the market becoming more aware of the platform’s value, RENDER is now positioning itself as a leading player in the decentralized cloud computing market.
The continued upward movement suggests that the token has further room to grow, with a potential target of $10.89 in the short term.
Artificial Superintelligence Alliance (FET) breaks out with 37% monthly rise
Artificial Superintelligence Alliance (FET), a prominent AI-focused cryptocurrency, has also been making headlines with its recent surge of 37.1% over the past 30 days and a 9.6% increase in the last 24 hours.
The FET token is currently trading at $1.75, reflecting its strong upward momentum after a successful technical breakout. The token has climbed above key resistance levels, such as $1.52, and is now targeting $1.84 and $2.70 as potential price levels.
The surge in FET’s price is largely attributed to its role in the Artificial Superintelligence Alliance, which unites Fetch.ai with Ocean Protocol and SingularityNET. This merger created a powerful ecosystem focused on leveraging artificial intelligence for decentralized applications and smart contract solutions.
As part of the alliance, FET is positioned at the forefront of the AI-driven crypto space, making it an increasingly attractive investment.
Fetch.ai recently made changes to its tokenomics to prepare for a significant upcoming merge, further fueling optimism around the token.
With bullish technical signals, including a healthy Relative Strength Index (RSI) near 65, the token appears well-positioned for further growth.
iDEGEN presale exceeds $1.22m as AI meets blockchain
As RENDER and FET prices soar with the growing trend in AI and blockchain convergence within the crypto space, a new crypto AI project, iDEGEN, has been making waves in the crypto community, raising over $1.22 million in its presale since launching on November 26, 2024.
The iDEGEN presale, which will run until January 1, 2025, offers the $IDGN token through a dynamic pricing auction system that mimics the volatility of the crypto market.
The iDEGEN presale price adjusts every five minutes based on trading activity. When a purchase occurs within five minutes, the price in the next five minutes remains the same. But if subsequent purchases are made, the price rises by 5% in the next five minutes. Conversely, if no purchases are made the price decreases by 5%.
What sets iDEGEN apart is its integration of artificial intelligence to create a “sentient, degenerate memelord” that adapts and evolves in real time based on interactions on X.
Each mention, comment, or tag feeds on X into the project’s AI learning model, making it highly dynamic and unpredictable. This real-time adaptability has garnered a lot of attention, especially as the AI-driven market continues to expand.
As of now, the presale has already sold over 357 million tokens, and with the price increasing every five minutes based on market activity, the excitement surrounding iDEGEN’s unique blend of AI, blockchain, and community-driven development continues to grow.
Once the presale concludes, the $IDGN token will be listed on major exchanges at a 10% higher price, providing early investors with the opportunity for significant returns.
