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Cryptocurrency News Articles

RENDER (RENDER) Stands Out With a 50% Increase Over the Past Month

Nov 21, 2024 at 03:05 am

While many AI tokens have seen slight declines over the past 24 hours, their performance over the last 30 days paints a different picture

RENDER (RENDER) Stands Out With a 50% Increase Over the Past Month

AI tokens have seen varied performance in recent times, with some tokens experiencing growth while others faced declines.

According to CoinGecko, most AI tokens faced slight decreases over the past 24 hours. However, examining the performance over the last 30 days reveals a different trend.

Among the tokens that stood out was Render (RENDER), which saw a 50% increase over the past month. Akash Network (AKT) and AIOZ Network (AIOZ) also showed impressive growth, rising 64.9% and 75%, respectively, in the last seven days.

On the other hand, Bittensor (TAO), which was ranked 4th by market cap among AI tokens, experienced a 13% loss over the same period. This highlights the volatility and varying performance within the AI token market.

Among the top AI tokens, Virtuals Protocol (VIRTUAL) stood out with a remarkable performance. Ranked 11th by market cap in this category, it boasts a valuation of $591.6 million.

Over the past 30 days, VIRTUAL surged by 295.2%, making it the fastest-growing AI token during this period. In just the past week, it recorded a 57.5% increase.

Earlier, we highlighted the Luna by Virtual (LUNA) token, which experienced a dramatic 300% surge on October 26. Over the past month, LUNA climbed 201%, earning its place among the top five AI token performers. On the same day, VIRTUAL and LUNA saw additional gains of 25.1% and 16.6%, respectively.

Another standout was Phantasma (SOUL), which sits between VIRTUAL and LUNA in performance rankings. With a 203.66% increase over the last month, SOUL secured second place in price growth among AI tokens.

While smaller projects like VIRTUAL and SOUL posted the most substantial gains, larger market-cap tokens such as NEAR Protocol (NEAR), Internet Computer (ICP), and Bittensor were relatively蛰伏.

However, an exception was Render, which gained traction in the past two weeks, with nearly 70% growth during this period, according to CoinGecko.

Original source:techopedia

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