The first thing I see despite looking at any fundamentals is the price chart of Render Token is telling me everything I need to know. This chart looks like one of the more impressive and ‘sexier’ looking crypto charts I have seen in recent times. It is showing considerable strength especially when compared to a lot of other altcoins out there. This is why I always say show me the chart and I will tell you the news.
The reason this chart is making new yearly highs (it did another one yesterday) is fundamentally where the world is at right now. With the prominent rise in AR, VR and AI, all of these things are heavily GPU dependent putting this project amongst very relevant industries right now. Render Token as a project is also showing really positive signs with their business too as they have currently paused anymore onboarding for new nodes due to an already long waiting list. This is always a good problem for any business to have.
I think this project would fit nicely into any investment portfolio – with a strong, industry savvy team, a well functioning service that’s currently in high demand, and being a key component in a lot of industries that are gaining a lot of traction and attention right now.
The only problem is I don’t buy assets when they already on the up, so I will have to be patient and hope the market gods provide be with a substantial pullback to get a good entry. Show Less