Render Token Long Term Strategy

19 may 2023

Hi folks,

Let's look at what Render Token is

🏳️Render Token is a project token focused on blockchain technology and cryptocurrencies. Render Token (RNDR) is an ERC-20 token developed and distributed by a company called OTOY.

🏳️Render Token serves as a payment unit for the distribution of 3D graphics, virtual reality experiences, and cloud-based computing power. RNDR enables users to share their computing power while allowing token holders to receive payment in return for this computing power. Thus, those sharing their computing power earn more Render Tokens, while token holders make payments to utilize this computing power for rendering 3D graphics or other computationally intensive tasks.

🏳️Render Token holds significant value for professionals and companies in 3D graphics and virtual reality fields. By using this token, individuals and organizations in need of computing power can access more resources and render complex graphics faster. At the same time, token holders can earn passive income by providing their computing power.

🏳️Being an Ethereum-based token, Render Token operates on the Ethereum network. This ensures fast and low-cost transactions for the token. Render Token is also listed on exchanges, allowing token holders to exchange it with other cryptocurrencies.

Bonus Chart 1: Wide Angle



Technical Data

🎯Orange --> EMA50 --> 1,86 (support)
🎯Blue --> EMA200 --> 1,38 (emergency call)
🎯Accumulation Zone (FRVP) --> 0,37 - 0,67
🎯Fib 0,236 --> 2,01 --> Support no:1
🎯Fib 0,328 --> 3,05 --> Next target
🎯There is negative divergence on the table (if it's approved), we can see testing EMA50, even EMA200. If you're a short-term player, keep that in your mind.
🎯In the worst-case scenario we can see 1,46 (perfect time to buy for the long term).

Bonus Information

🏳️RNDR is now only listed by Binance, Kucoin, and Coinbase (we can expect further listing).
🏳️Max supply --> 536,870,912.
🏳️Circulationg Supply --> 363,911,539 (%68).

Bonus Chart 2: Google Trends AI, Bitcoin, and Metaverse



🏳️Blue one is AI. When we checked Google trends for the last 5 years, AI is surpassing both BTC and Metaverse. Let's imagine! What will happen AI projects in the next bull run?

Thanks for reading all mates, do not forget to hit the like button.