Robinhood Crypto EU, a digital belongings buying and selling platform, sparked noteworthy market optimism for the AI token Render Network on Friday. As the buying and selling platform revealed itemizing for RENDER, bullish market sentiments enveloped the digital asset’s long-term prospects. Simultaneously, the AI coin’s value soared over 2% previously 24 hours, additional solidifying optimism over future actions in mild of the itemizing announcement.
Robinhood EU Lists Render Network Igniting Bullish Market Sentiments
In an official X put up dated October 11, Robinhood Crypto EU revealed that Render Network is offered for buying and selling beginning at present. The buying and selling platform unveils its new batch of belongings, exhibiting that RENDER buying and selling is now supported for EU customers.
The announcement has promptly gained vital traction throughout the broader crypto market, paving the way in which for elevated cash influx for the AI token. Notably, as one of many top crypto exchanges presents help to the AI coin, market watchers anticipate a bullish affect on value forward.
Render Network is a decentralized GPU rendering platform providing customers the leverage of unused computational energy and the flexibility to lease it to different customers throughout the ecosystem. RENDER is the ecosystem’s utility token and is used for node operator funds for GPU energy renting.
AI Coin’s Price Soars
Simultaneously, RENDER value famous a exceptional 2% uptick previously 24 hours and is at present sitting at $5.25. Its intraday high and low have been recorded as $4.91 and $5.24, respectively. Today’s upswing falls consistent with Robinhood’s itemizing announcement, as enhanced regional choices magnetize customers. This phenomenon, bringing further shopping for stress to the asset, may propel a rally to $10 forward.
Moreover, Coinglass knowledge identified a 5% improve within the AI coin’s futures OI to $60.95 million at present. Also, the derivatives quantity jumped almost 8% to $79.37 million, underscoring elevated investor curiosity within the asset. Coupled with the coin’s latest value upswing, knowledge hints that the coin at present rides bullish waves and is on an uptrend. Altogether, market watchers anticipate additional beneficial properties forward in mild of the coin’s itemizing. Meanwhile, it’s additionally value noting that the abovementioned buying and selling platform additionally listed Optimism (OP) just lately, igniting bullish sentiments on the token as effectively.
Coingape Staff
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