RNDR token peaks after Apple event, shifting focus to Algotech presale

Following a significant surge in Render’s RNDR token after an Apple event spotlight, the Render community is now flocking to the Algotech presale.

The cryptocurrency world is abuzz as the RNDR token of Render Network hits an impressive high after suddenly coming into the limelight at an Apple event. This has made the RNDR community turn their eyes towards the Algotech (ALGT) presale that they have been anxiously waiting for, which has already been able to gather a significant amount within days. With its technology and methodology, Algotech provides traders with diverse strategies and strong risk management tools.

Apple’s Octane 3D unveiling fuels surge in Render token’s value 

The cost of RNDR skyrocketed when Tim Millet, Apple VP of Platform Architecture, revealed Octane 3D rendering software during the May 7 events for iPad. This unexpected exposure instilled confidence in investors, thereby prompting them to speculate on the future growth and adoption of Render Network’s technology. 

After this presentation, RNDR’s price rose by a remarkable 11% and continued this bullish momentum. Currently, RNDR is trading at $11.21 with a market cap of $4 billion and a CoinMarketCap ranking of #23. The 24-hour trading volume of the token is $444 million, up by 162.87%. 

This price surge represents more than just an isolated event for RNDR; it shows that there is a significant trend in the AI industry. Since then, other tokens related to artificial intelligence, such as The Graph, Fetch.ai (FET), and SingularityNET (AGIX), have similarly experienced substantial increases as more investors are confident about AI technologies.

RNDR’s surge puts Algotech in spotlight

The focus of the community has now gone towards Algotech since the RNDR token of Render Network is currently in the spotlight. This project has so far raised an impressive $4.7 million within no time, surpassing expectations and catching investors’ attention from around the world.

The presale success of Algotech can be attributed to its unique value proposition; this is a decentralized algorithmic crypto trading platform that seeks to change trading and investment through cutting-edge technologies and automation. 

Through employing advanced algorithms, machine learning, and strong risk management techniques, Algotech aims to provide traders with various tools as well as strategies that would enable them to navigate through the cryptocurrency markets. 

The project’s roadmap consists of ambitious goals such as platform improvements, a wider range of assets being traded, more advanced trading tools and analytics plus social trading including community features. This would position Algotech as a comprehensive and user-friendly platform attentively addressing the needs of traders as well as investors. 

Algotech announced investment of $1.2m in H100 GPUs 

A significant investment of $1.2 million in H100 GPUs from Nvidia has also just been announced by the project’s management, sparking further interest in Algotech.

This strategic move shows that Algotech is committed to being in the lead when it comes to technology and employs cutting-edge hardware to drive its complex algorithms and trading strategies. 

H100 GPUs are Nvidia’s most advanced ones yet, designed for AI workload acceleration and unmatched performance during demanding calculations. Integrating these latest-generation GPUs into Algotech’s infrastructure will provide an outstanding level of speed, precision, and efficiency in trade execution and market data analysis.

To learn more about Algotech, visit the Algotech presale or join the Algotech community.