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Render (RENDER) has captured market attention due to its role in decentralized GPU rendering, a critical component for 3D creators and applications in the Metaverse. Despite the challenges of volatile market conditions, RENDER has managed to maintain an upward momentum, showing strong potential for continued growth. RENDER Key Statistics  Current Price : $6.68 Market Cap : $3.44 billion Trading Volume (24h) : $323.08 million Circulating Supply : 517.69 million RENDER Total Supply : 532.45 million RENDER CoinMarketCap Ranking : #29 Render is currently trading 1.60% below its highest price in the last 30 days and 3.48% below its 7-day high. However, it has surged by 47.12% from its monthly low and 25.84% from its 7-day low, signaling a steady positive trend. RENDER/USD Market Analysis  Key Levels Resistance : $7, $7.50, $8  Support : $6, $5.50, $5 RENDERUSD – Daily Chart The RENDER/USD chart shows the price trading within the Keltner Channel (K...

An analyst who earned the “Master Trader” rank on the crypto exchange Bybit believes that one frog-themed memecoin will leave most digital assets in the dust. Pseudonymous trader Bluntz tells his 276,300 followers on the social media platform X that he sees Pepe (PEPE) pulling off an over 2x rally en route to a fresh all-time high. The trader shares a chart suggesting that PEPE could surge to as high as $0.22. “I like to chart all my meme positions against each other to gauge what looks the strongest and then designate whichever that one is as my largest bag. Healthy to have some diversification of course, but I always try to have my largest position in the fastest horse. The fastest horse (of my bags) seems to be PEPE.”  Source: Bluntz/X At time of writing, PEPE is trading for $0.000112, up over 5% on the day. Another altcoin on the trader’s radar is Sui (SUI), a layer-1 crypto project referred to by many as the Solana (SOL) kil...

Crypto YouTuber ClayBro, with over 130K followers, reviewed Crypto All-Stars presale, highlighting its first unified staking protocol for meme coins. A surge of optimism in the crypto space has fueled enthusiasm, pushing the presale’s total funding to $1.7 million. The initiative addresses a common critique of meme coins, which is their lack of practical use, by offering an alternative revenue stream for traders beyond the typical buy-low-sell-high strategy. Crypto All-Stars aims to enable meme coin holders to earn passive rewards on their investments. Crypto All-Stars is attracting attention due to its innovative ‘MemeVault’ feature, which allows meme coin holders to stake their assets and earn rewards in $STARS, the platform’s native token. MemeVault operates on the ERC-1155 standard, enabling the platform to support meme coins from multiple blockchains, including Ethereum and Solana. The platform streamlines the staking process by consolidating all assets i...

Economist Henrik Zeberg believes that one Solana (SOL)-based memecoin could soon go on a parabolic rally. Zeberg tells his 155,400 followers on the social media platform X that dogwifhat (WIF) may soar more than 913% from its current value after breaking out from a period of consolidation. “WIF could be at $15-$22 in a matter of weeks.” The analyst uses the Elliott Wave Theory to suggest WIF’s explosive price action in the near term. The Elliott Wave Theory is a type of technical Analysis that examines wave patterns based on the repetitive behavior of market participants. According to Elliott Wave principles, an ABCDE triangle indicates consolidation in an uptrend market could spark a strong rally once it is completed. “Are you onboard? It is breaking out of long ABCDE-consolidation. The potential is amazing.” Source: Henrik Zeberg/X WIF is trading for $2.17 at time of writing, up 3.5% in the last 24 hours. The analyst also says ...

A decentralized finance (DeFi) project and an Ethereum (ETH) layer-2 blockchain are both surging after abruptly gaining support from Coinbase. In a new set of announcements, top US-based crypto exchange platform Coinbase says it’s adding DeFi platform Moonwell (WELL) and ZKsync (ZK), an Ethereum scaling solution, to its suite of products. According to Coinbase, customers can now buy, sell, covert, send, receive, or store WELL and ZK starting today. News of the listings sent both WELL and ZK flying, as the duo of assets saw respective gains of 31.22% and 4.21% on the day. WELL is trading for $0.0389 at time of writing while ZK is valued at $0.142. ZKsync launched in 2020 and uses zero-knowledge (ZK) cryptography to increase ETH’s transaction speeds, lower its costs, and maintain its decentralized and secure nature. ZK proofs are a way to validate the truth of a specific statement without revealing data about the statement itself. Moonwell is a crypto ...

Author: Huang Shiliang Original Link: https://mp.weixin.qq.com/s/LWzrQenRhz2UkaVbGhzMmA The blockchain industry has been a bit sluggish recently, with prices down, but more worrying than the price is the sense that the broader blockchain community seems to have lost its direction for development. One of the topics that seems to have been debated for the longest and most intensely this year on X is whether meme coins are a legitimate subject of discussion, with people like Vitalik Buterin, major VCs, and KOLs all joining the debate. The main viewpoints are divided: one side believes that memes are noise or even a negative influence on blockchain, while the other side argues that memes represent the essence of cryptocurrencies and blockchain. Another major focus is the attention on organizations like the Federal Reserve, SEC, and Wall Street. Regardless of whether the original intent of cryptocurrencies was to oppose these institutions, the fact that the industry is revolving around the...

Despite the constant addition of fresh tokens and trends in the cryptocurrency space, one token does seem set to eclipse all: Rexas Finance (RXS). After selling out its second presale stage, RXS is gaining traction at an alarming rate, with analysts and big investors being rather bullish about it. Much of the old excitement that had been around DOGS Token and Toncoin is now giving way to Rexas Finance’s meteoric growth as Whales—sophisticated large investors—start to find the former interesting.  Presale Success Boosts RXS Appeal Rexas Finance recently sold out its presale stage two in less than two weeks, setting a new record. Investors snapped up the tokens on offer at $0.04 even before going out of the safe and propelled hopes for the favourable outcomes of the project. Being the first one into the presale means that any price increase with every new stage means that every investor who bought at stage 1 has gotten a 66% profit gain and those who bought at...

Cardano (ADA) continues to make headlines as a key player in the crypto space. With consistent development and strong backing from its founder Charles Hoskinson, Cardano has proven itself a stable platform, maintaining positive momentum despite market fluctuations. The upcoming meeting between Hoskinson and Argentina’s President Javier Milei at the Tech Forum Argentina in October 2024 is generating further excitement, especially given Milei’s pro-crypto stance. ADA Key Statistics  Current Price: $0.38 Market Cap: $13.35 billion Trading Volume (24h): $357.15 million Circulating Supply: 35 billion ADA Total Supply: 45 billion ADA CoinMarketCap Ranking : #10 ADA’s price movement over the past 30 and 7 days exhibits fluctuation. The cryptocurrency has retreated 3.04% from its 30-day peak and advanced 4.52% from its 7-day high. Encouragingly, ADA has demonstrated significant recovery from its recent lows, surging 25.37% and 16.38% over the corresponding p...

A closely followed analyst and trader thinks that altcoins are gearing up to have their time under the sun and outperform Bitcoin (BTC). Crypto strategist Ali Martinez tells his 72,200 followers on the social media platform X that he’s keeping a close watch on the TOTAL3 chart, which tracks the market cap of all digital assets excluding Bitcoin, Ethereum (ETH) and stablecoins. The trader shares a chart suggesting that TOTAL is about to witness a big burst to the upside. “The altcoin market cap looks primed to surpass $1 trillion… It is just a matter of time before altcoin season!”  Source: Ali Martinez/X At time of writing, TOTAL3 is trading at $603.371 billion. The trader is also keeping an eye on the Bitcoin dominance (BTC.D) chart, which tracks the market cap of Bitcoin against the rest of crypto. According to Martinez, BTC.D is flashing a signal that bodes well for altcoins. “Bitcoin dominance seems to be topping out, hinting ...

Given Russia’s recent pivot toward cryptocurrency adoption at the government level, one might assume that the era of underground digital asset operations is over in the country. Recent developments have, however, proven that exactly the opposite may be happening and that some cryptocurrency mining operations have gone from being metaphorically underground to being literally beneath the surface. To be precise, the authorities in Russia’s Republic of Dagestan have recently showcased a sophisticated cryptocurrency facility dug into the ground, according to a September 24 Reuters report. Picks for you Billionaires are dumping Nvidia stock to buy this Index Fund  24 mins ago Cryptocurrency trader turns $135 into $1.2 million in 15 days ...

Ethereum is back on the mend, rising 15% in the last week and prompting holders to turn bullish on the asset. At press time, ETH is trading at $2,684.49, already a 4% rise in 24 hours alone. With the Ethereum team issuing an update ahead of the upcoming Pectra hard fork upgrade, there is new momentum behind the Ether token. The latest whale activity and technical indicators suggest Ethereum could be getting ready for a significant upswing, with a chance for it to reach $300. A recent increase in open interest, funding rates, and network growth signal strong demand for ETH, pumping its price. Furthermore, Spot Ethereum ETFs have improved their performance over the past few weeks as well. Data from Farside investors reveals that flows into US-based spot Ethereum ETFs turned positive last week. Inflows of $5.2 million and $2.9 million were seen on Septemper 19 and September 20, respectively. Ethereum Outperforms Bitcoin: Is $3,000 Imminent? Furthermore, the recent positive performance o...

The Shiba Inu (SHIB) is full of opportunities. The meme coin has witnessed notable growth over the years of its existence. The asset has even turned the lives of many by boosting their investments. While SHIB has barely seen a significant uptick recently, a dainty investment could bring gains when the asset records a spike. Also Read: Three Reasons Why Bitcoin (BTC) Will Surge To $100K in Q4 2024 Current Market Performance And Potential Growth At press time, Shiba Inu was trading at $0.00001443, with a daily decrease of nearly 2%. But last week was bullish for the entire cryptocurrency ecosystem. SHIB surged by more than 7% during the past seven days and soared to a high of $0.00001504. Source Market Cap And Ranking The meme coin’s market cap is $8,495,482,331. SHIB is the 13th largest cryptocurrency on CoinMarketCap’s list. The network could see a significant spike if the asset’s market cap moves as high as Bitcoin’s market value. Currently, BTC dominates the ma...

23 countries have formally submitted their applications to join the BRICS alliance before the 2024 summit. The countries hail from Asia, Africa, and South America and are all emerging economies that want to use local currencies for trade instead of the US dollar. Find out how many sectors in the US will be affected if BRICS ditches the dollar for trade. Also Read: XRP in September: Buy or Sell? Find What Experts Think Inside! The development indicates that the bloc is lucrative to emerging economies as it provides a solution to help their local currencies grow. The BRICS alliance is at the forefront of the de-dollarization agenda, and developing countries are finding the initiative productive. Apart from 23 countries officially submitting their applications to join the bloc, 24 nations have informally expressed their interest in joining the BRICS alliance. Thus, the total number of countries willing to join BRICS has grown to 47. Also Read: Shiba Inu Member Explains How SHIB Can Reach...