An altcoin that has been very popular recently will be listed on a new exchange according to the announcement just made. Especially with the launch of ChatGPT in November 2022, the excitement of artificial intelligence increased its price. Similar to Nvidia price performance, RNDR Coin also experienced an increase. The reason for this was that it provides GPU service.
Render (RNDR) Coin News
A few minutes ago, the Coinbase exchange announced that it will list Render (RNDR) Coin(actually SPL Token in the Solana ecosystem, but known as Coin). On the day it was recently added to the roadmap, we announced this last minute and mentioned that the price could increase. Now the expected announcement has come. While the price was around 4.9 dollars, it rose to 5.08 dollars with the effect of the news.
At the beginning of 2023, the team announced that it would take action to increase the token price and achieved its goal with the steps it took regarding inflation. While the price lingered in the region of $ 0.44 in those days, it peaked at $ 5.28 on December 25, the end of the year. Now it is again finding buyers close to its local peak.
Coinbase listing announcements do not trigger big rallies for altcoins traded on the Binance exchange. However, if there is a surprise rally, there may be an excuse for it, and the price that surpassed the previous peak may rise to the $7.945 ATH zone. For this, it must also overcome the $5.45 and $6.7 barriers.
