The rise of AI Tokens, the artificial intelligence based crypto tokens, is often seen as a direct correlation to the recent adoption of AI tools like ChatGPT in the mainstream.
However, crypto market projects have historically gained investor trust based on the token’s individual success and adoption over time. Among the top AI tokens that stood out in recent times were Render $RNDR and SingularityNET $AGIX.
The Render token community is speculating about the possibility of benefiting from the upcoming Apple 2023 Worldwide Developers Conference (WWDC).
The Apple WWDC 2023 event is scheduled for June 5, 2023 at 1 pm eastern standard time. Among the most sought after product announcements expected to be revealed is Apple’s VR headset. In this context, the Apple Augmented reality (AR) and Virtual Reality (VR) product launch is linked with potential rise in demand for Render token.
The Render network offers distributed GPU rendering on the blockchain. Similar to many emerging technologies, the AR/VR industry could require huge volumes of Graphics processing unit (GPU), which is where Render network is speculated to be placed well for adoption thanks to its blockchain based distribution.
Render could also benefit from the NVIDIA price rally that took the financial markets by storm. Owing to the AI linked bullish trend, Render is touted as one of the best crypto coins with risk reward ratio. Also, RNDR token’s rounding bottom pattern formation supports a 28% rise probability.
