Bittensor (TAO), Render (RNDR), BITBOT gains catch crypto investors by surprise

Bittensor (TAO), Render (RNDR), BITBOT gains catch crypto investors by surprise
фото показано с : invezz.com

2024-1-31 10:12

Crypto investors are abuzz with excitement as unexpected gains sweep through the market. Bittensor (TAO), Render (RNDR), and BITBOT are three altcoins making waves, surprising many with their recent price surges.

With Bittensor’s TAO token, Render’s RNDR token, and BITBOT’s presale capturing attention, investors are keenly observing these developments.

Bittensor (TAO): 60% surge in 30 days

Bittensor’s TAO token has witnessed a remarkable surge in price, catching many investors by surprise. TAO’s recent price movements have positioned it as one of the standout performers in the crypto space. But what exactly is Bittensor, and what factors are driving its price rise?

Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine-learning network. By providing a decentralized AI solution, Bittensor aims to enable users to tap into AI resources in a trustless and transparent manner. The protocol rewards contributors with TAO tokens based on the value they add to the network collectively.

In recent days, TAO’s price has seen significant upward momentum, with the token galloping upwards at a rapid rate. In the past month, the token price has risen by 60% to trade at $442 at press time.

Bittensor price chart

Currently in price discovery mode, TAO is heading towards the $500 level, with a possible target of the 1.618 Fibonacci level at $514. The surge in interest around AI technologies and the decentralized nature of Bittensor’s platform are key drivers behind TAO’s price rise.

Render (RNDR): Coinbase listing spurs price surge

Render’s RNDR token has also experienced a notable price surge, fueled by its recent addition to Coinbase’s listing roadmap. RNDR, known for its decentralized network of nodes for graphic rendering tasks, has garnered attention for its innovative value proposition.

The announcement of RNDR’s potential listing on Coinbase has further boosted investor sentiment, as Coinbase is regarded as one of the leading cryptocurrency exchanges. Following the news, RNDR’s price saw a moderate increase from $4.45 to $4.78. Although the price had slightly retraced by the time of writing this post, speculative traders are closely monitoring RNDR’s price movements in anticipation of further developments.

Render price chart Bitbot: world’s first Telegram self-custodial trading bot

BITBOT, the world’s first Telegram self-custodial trading bot, launched its presale on January 17, generating significant interest among crypto investors. With its unique value proposition of providing institutional-grade tools in a non-custodial framework, BITBOT aims to empower retail traders in the crypto market.

During the presale, BITBOT tokens are being offered at attractive prices, with investors eager to capitalize on the opportunity before the price increases. As of now, BITBOT has raised $381,386 out of the $410,000 target in the presale. Priced at $0.0105, the current stage 2 offers an entry point before an impending price increase to $0.011 in the next presale stage.

To participate in the presale, visit the official Bitbot website where you can purchase any amount of BITBOT tokens you want. 30% of the total supply of 1,000,000,000 BITBOT tokens is allocated for presale distribution.

The $BITBOT token, integral to Bitbot’s platform, provides benefits such as revenue sharing, exclusive access to presales, unique perks, airdrops, and governance participation in Bitbot’s strategic direction.

Conclusion

As Bittensor’s TAO token, Render’s RNDR token, and BITBOT’s presale continue to gain traction in the crypto market, investors are closely monitoring their price movements and developments.

With each project offering unique value propositions and addressing different segments of the crypto ecosystem, their success underscores the dynamism and opportunities within the cryptocurrency industry.

The post Bittensor (TAO), Render (RNDR), BITBOT gains catch crypto investors by surprise appeared first on Invezz

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Render Token (RNDR) на Currencies.ru

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