showed recovery in the RNDR price by
Render Network (RNDR) is a blockchain platform forged to work for the cause of decentralizing GPU cloud rendering.
Many might have question, that GPU needs heavy equipments and how RNDR do it. so for the curious, Creators often submit their rendering jobs to get fulfilled and the quickest to grab node operators utilizes their available capacity of GPU to work on these tasks, that lets them earn RNDR tokens as payment.
Moreover, by linking those those required for the services of rendering with the owners of high-performance GPUs. This makes the process simpler more cost-effective and swift compared to other solutions.
The 2024 showed recovery in the RNDR price by the first quarter, but showed decline as a result of giant sell off from YTD ATH. From half completed third quarter followed by the second quarter decline. Now, the price has made an attempt to rise after reforming at previous demand zone.
Where at press time, the price traded near $4.53, with market cap of $1.776 Billion. By the market capitalisation it ranked 43rd, and positioned among the top 50 crypto projects, per CoinMarketCap.
Many might have question, that GPU needs heavy equipments and how RNDR do it. so for the curious, Creators often submit their rendering jobs to get fulfilled and the quickest to grab node operators utilizes their available capacity of GPU to work on these tasks, that lets them earn RNDR tokens as payment.
Moreover, by linking those those required for the services of rendering with the owners of high-performance GPUs. This makes the process simpler more cost-effective and swift compared to other solutions.
The 2024 showed recovery in the RNDR price by the first quarter, but showed decline as a result of giant sell off from YTD ATH. From half completed third quarter followed by the second quarter decline. Now, the price has made an attempt to rise after reforming at previous demand zone.
Where at press time, the price traded near $4.53, with market cap of $1.776 Billion. By the market capitalisation it ranked 43rd, and positioned among the top 50 crypto projects, per CoinMarketCap.
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