- FET and RNDR prices increase by 45.57% and 21.44% respectively.
- If FET crosses the $1 overhead resistance, the price could climb to $3 in the mid-term.
- A buy signal appears for RNDR at $5.51, as well as a possible extension to $9.
AI-themed cryptocurrencies registered incredible performances in the last few days, according to data from CoinMarketCap. But out of the many tokens in this category, Fetch.ai (FET) and Render (RNDR) are leading the charge for dominance as the full-blown bull market approaches.
Within the last seven days, FET’s price rose from $0.67; at press time, it changed hands at $0.97. This represented a 47.57% increase. RNDR’s price jumped by 21.44% within the same period.
However, Coin Edition found that the hike was propelled by the launch of Sora. Sora is a text-to-video tool recently released by OpenAI. With increasing hype around AI, traders flocked to the market to keep the buying pressure on.
But that’s not all. We also discovered that more AI-related events are coming up later in the year. As such, this could fuel price rallies for AI tokens like FET and RNDR…
The post AI Gems Uncovered: FET & RNDR Poised for Domination in the Bull Run appeared first on Coin Edition.