The memory chip market has a supply problem, and it is not going away anytime soon. Micron Technology said during its fiscal Q3 2026 earnings call that the supply constraints squeezing the high-bandwidth memory and DRAM markets will persist well into 2028, pushing back what the industry had hoped would be a return to balance by early 2027.
What Micron actually said AI is eating memory faster than fabs can produce it. Micron’s new fabrication facility in Idaho is not expected to reach meaningful production volumes until 2028, leaving a sizeable gap between surging AI workload demand and available chip supply.
Micron has responded to that gap by locking in long-term customer contracts, reportedly valued at around $100 billion in aggregate. The company is also reshaping its production mix, moving away from consumer-facing memory products toward chips destined for data centers and AI accelerators.
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SK Hynix, Micron’s South Korean competitor and currently the dominant supplier of HBM chips for AI accelerators, went even further. The company’s CEO forecast that 2027 could represent the worst supply shortage in the entire history of the memory semiconductor industry, with demand expected to outstrip available supply beyond 2030. Samsung has issued similar cautionary signals.
Why the crypto market is paying attention Projects like Render Network, Akash Network, Filecoin, and Arweave operate in a space broadly described as decentralized physical infrastructure networks, or DePIN. The pitch is straightforward: instead of renting compute or storage from Amazon, Google, or Microsoft, users tap into distributed networks of hardware owners who contribute spare capacity in exchange for token rewards.
If the largest hyperscalers are scrambling to secure HBM supply through 2028 and beyond, and if that scarcity translates into higher cloud pricing for GPU compute and storage, decentralized networks start looking less like an ideological choice and more like a practical hedge.
What investors should watch For equity investors, Micron’s earnings call was effectively a roadmap. The company has pricing power, long-term contract visibility, and a production ramp timed to meet demand that its own customers are already pre-paying to access. The market reaction after the earnings call reflected that reading.
SK Hynix’s dominance in HBM supply for AI chips means it captures a disproportionate share of the premium pricing that comes with constrained supply. Samsung, which has faced yield and quality challenges with its own HBM product line, is under pressure to close the gap. How quickly Samsung can do that will partly determine whether the shortage extends toward the outer bounds of SK Hynix’s 2030 projection.
The Idaho fab timeline is also worth monitoring. Micron’s acknowledgment that its newest domestic production facility will not contribute significantly until 2028 means there is a concrete date on the calendar against which the supply tightness thesis can be tested.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Coinbase Render Listing Puts AI Compute Tokens Back In Front Of Retail Traders is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Coinbase listings still carry weight because they turn a theme into something a much wider retail audience can actually trade.
The reason it deserves attention today is not that one announcement or filing magically changes the whole market. It is that the update adds another data point to a sector still trying to work out where capital, users, and regulation are actually moving.
For more details, visit the official Coinbase platform.
TL;DR Coinbase added support for Render token.Render remains one of the market’s better-known decentralized compute assets.The listing gives retail traders easier access to an AI-infrastructure narrative that keeps resurfacing. Why Access And Liquidity Matter Render is tied to decentralized GPU and compute infrastructure.
The asset has been part of the broader AI-token conversation as crypto investors chase links between blockchain and compute markets.
Exchange updates are easy to dismiss until they change where liquidity actually sits. Listings, margin support, fee changes, and trading-pair expansions all affect how quickly capital can move into a sector. That matters for assets trying to graduate from niche attention to broader market participation.
The Bigger Exchange Strategy Coinbase support can improve visibility, liquidity, and institutional custody options around the asset.
The immediate impact is usually felt in access and liquidity rather than fundamentals. Still, access is not a small thing. The easier an asset is to trade on major venues, the easier it becomes for narratives to turn into measurable volume.
For NewsBTC readers, the practical takeaway is to avoid treating this as an isolated headline. The stronger read is to connect it with the current market environment: liquidity is still selective, regulatory pressure has not disappeared, and the projects that keep shipping useful updates are the ones most likely to hold attention when the cycle gets noisy.
That does not mean the story should be stretched beyond what the source supports. The cleaner approach is to keep the facts tight, explain the mechanism, and show readers why it may matter if follow-up data confirms the same direction over the next few sessions.
In other words, this is a development to watch rather than a guaranteed turning point. Crypto moves quickly, but the useful signals are usually the ones that still make sense after the first reaction fades.
The important thing for readers is context. A single development rarely defines the market on its own, but a series of source-backed updates can show where momentum is building. That is why this article keeps the focus on the specific mechanism in play, the source behind it, and the reason traders or builders may care today.
This article is based on information from blog.coinbase.com.
This article was written by the News Desk and edited by Samuel Rae.
Key HighlightsLeading AI Cryptocurrency Tokens for 2025Bittensor (TAO)Near Protocol (NEAR)Artificial Superintelligence Alliance (FET)Render Network (RENDER)Akash Network (AKT)Is AI Crypto Investment Worthwhile? Bittensor (TAO) incentivizes participants in a decentralized machine learning ecosystem through token rewards NEAR Protocol (NEAR) develops AI-focused infrastructure on a high-speed, cost-efficient Layer 1 network Artificial Superintelligence Alliance (FET) consolidates several AI blockchain initiatives into a unified platform Render Network (RENDER) delivers a distributed GPU marketplace supporting AI and rendering workloads Akash Network (AKT) creates decentralized cloud infrastructure competing with conventional hosting services Leading AI Cryptocurrency Tokens for 2025 The intersection of artificial intelligence and blockchain technology is transforming digital asset markets. An expanding array of cryptocurrency ventures now integrate AI capabilities with distributed ledger systems, opening fresh investment avenues. Below are five notable AI-centered digital currencies deserving attention.
Bittensor (TAO) Bittensor has emerged as a premier AI-driven cryptocurrency initiative. This platform enables developers and academics to supply machine learning algorithms to a distributed network. Participants receive TAO token compensation proportional to their contributions’ utility.
Bittensor (TAO) Price The appetite for artificial intelligence computation keeps expanding. Bittensor presents an open-source counterpart to proprietary AI infrastructure controlled by major technology corporations. While the token experiences volatility, numerous investors recognize its extended-horizon promise.
Near Protocol (NEAR) Near Protocol operates as a scalable Layer 1 blockchain network that has pivoted toward artificial intelligence initiatives. This venture has committed resources to AI-centric infrastructure and developer toolsets for creating AI-enhanced decentralized applications.
NEAR delivers rapid transaction processing and minimal transaction costs, making it appealing for AI application creators. Should artificial intelligence continue propelling blockchain adoption, Near stands well-positioned to capitalize on this trajectory.
Artificial Superintelligence Alliance (FET) The Artificial Superintelligence Alliance consolidates multiple AI blockchain projects within a single comprehensive framework. Its mission involves establishing a network enabling autonomous AI agents to interact and execute functions without dependence on centralized infrastructure.
This initiative has captured investor interest through its ambitious scope and strategic vision. While implementation challenges exist, it maintains status as one of the most substantial and prominent AI ecosystems within cryptocurrency markets.
Render Network (RENDER) Developing AI models demands substantial computational resources. Render Network tackles this challenge by operating a decentralized exchange where participants can access idle GPU processing capacity from network contributors.
Initially launched as a rendering solution for visual content creators, the platform has broadened its scope to accommodate AI computing tasks amid surging graphics processor demand. Render Network bridges those requiring computational power with providers willing to monetize their hardware.
Akash Network (AKT) Akash Network functions as a distributed cloud infrastructure platform. Software developers can secure processing capacity through an open marketplace, frequently at more competitive rates than conventional cloud vendors including Amazon Web Services or Google Cloud Platform.
As artificial intelligence enterprises require additional computational infrastructure, decentralized solutions like Akash are attracting increased recognition. Though currently modest relative to entrenched cloud providers, the project has witnessed rising investor engagement.
Is AI Crypto Investment Worthwhile? AI-focused cryptocurrency ventures present elevated risk profiles compared to more mature digital assets. Numerous projects remain in nascent developmental phases, competitive pressures are substantial, and market dynamics can transform rapidly.
Long-term-oriented investors should prioritize projects demonstrating practical applications, sustained development activity, and expanding user adoption. Pursuing speculative short-term price fluctuations within this sector has proven historically hazardous.
The fusion of artificial intelligence and blockchain technology will likely persist as a dominant trend throughout upcoming years. Bittensor, Near Protocol, Artificial Superintelligence Alliance, Render Network, and Akash Network represent projects constructing foundational infrastructure for this emerging landscape.
Predict.fun World Cup Knockout Stage: Argentina's Advancement Probability Reaches 85%, Egypt's Upset Probability Only 14%
According to data from prediction market platform Predict.fun, the 2026 FIFA World Cup Round of 16 will feature Argentina vs Egypt. As of press time, the market gives Argentina an approximately 85% chance of advancing, while Egypt holds a roughly 14% probability, with traders generally favoring defending champions Argentina to reach the quarterfinals. Notably, both sides fought 120 minutes to narrowly advance in their previous rounds: Argentina eliminated Cape Verde in extra time, leaving their defensive line and physical condition somewhat tested; Egypt defeated Australia via penalty shootout, securing their best World Cup performance in team history. This match will also mark the first direct World Cup showdown between Messi and Salah.
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Former Tether Chief Investment Officer plans to sell a portion of their 1.26% stake.
Former Tether Chief Investment Officer Richard Heathcote plans to sell part of his stake in Tether, which currently stands at approximately 1.26%. The secondary equity sale is being handled by PJT Partners, and the firm is currently in talks with potential buyers.
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An ETH whale is suspected of exiting via stop-loss, facing a $2.785 million loss if it sells.
According to monitoring by on-chain tracker ai_9684xtpa, address 0x907…CC0a9 deposited 1,988 ETH to Bybit four hours ago, valued at roughly $3.53 million. The address previously built a position of 6,000 ETH at an average price of $3,178.78 on January 20 this year. If it sells all the ETH deposited in this transfer, it will suffer a loss of approximately $2.785 million. Calculated at the current deposit price of around $1,777.49, its position has shrunk by about 44% over more than five months.
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A crypto whale deposited $6.3 million in USDC to Hyperliquid, adding to its short position in HYPE worth $49 million.
According to OnchainLens monitoring, whale address "0xf822" deposited approximately $6.3 million worth of USDC to Hyperliquid roughly 3 hours ago and opened a 3x leveraged HYPE short position. Currently, the address holds around 692,200 HYPE short contracts, with a position value of about $49 million, an entry price of $66.02, a stop-loss price of $70.78, and an unrealized loss of roughly $3.3 million. The address currently has a total of 5 positions, with total holdings valued at approximately $126.8 million and cumulative realized profits of around $4.39 million.
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Following a slight rebound, selling pressure above SK Hynix has intensified, with over $12 million in short positions suspected to have been placed at the high.
According to Hyperinsight monitoring, South Korean semiconductor stocks plunged today before a slight rebound. On Hyperliquid, SK Hynix (ticker: SKHX) did not see stronger long-term bottom-buying walls; instead, larger sell orders have been placed above the rebound. Calculated based on levels $50 away from the current price: sell orders for SKHX above $1512 total approximately $14.19 million, while buy orders below $1412 are around $8.457 million, making the sell wall roughly 1.68 times the size of the buy wall. The most concentrated sell wall lies in the $1610–$1650 range, with 81 orders totaling ~7,536.813 units, valued at ~$12.189 million. Below, buy orders in the $1300–$1390 range amount to ~$5.737 million, with support scale significantly lower than the selling pressure above. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as an administrator (enable message sending permission), and it will automatically sync on-chain information.
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SpaceX secures the first batch of buy ratings from global brokerages, with Morgan Stanley leading by setting a $300 price target.
Global brokerages have initiated research coverage on Elon Musk’s SpaceX (SPCX.O), with Wall Street forming an initial consensus of a "buy" rating for the stock. At least six brokerages, including Morgan Stanley, Goldman Sachs, and UBS, have assigned buy ratings, citing confidence in SpaceX’s long-term growth prospects, though concerns remain over its profitability and valuation. Morgan Stanley analysts stated in a July 7 report: "SpaceX can massively convert energy into intelligence and commercialize it through consumer and enterprise solutions in the AI era." Its $300 price target ranks first among Wall Street investment banks, implying an 87% upside from Monday’s closing price of $160.42. The bank’s analysts project SpaceX’s stock could trade as low as $75 in a bear case and as high as $600 in a bull scenario, with its revenue expected to reach $319 billion by 2030 and $3.3 trillion by 2040. (Jinshi)
Semiconductor stocks beat both Big Tech and crypto in the first half of 2026. The Philadelphia Semiconductor Index gained 102%, while the Magnificent Seven fell 2% and Bitcoin (BTC) lost 33%, according to Deutsche Bank and CoinGecko data.
Wall Street banks now disagree about the second half. Goldman Sachs expects investors to keep backing chipmakers, while Morgan Stanley argues the trade has already started to unwind.
How Semiconductors Beat Big Tech and Crypto in H1 2026Deutsche Bank’s half-year scoreboard ranked the Philadelphia Semiconductor Index as the best-performing major asset in the world. The benchmark gained 102% between January and June, according to a chart shared by Schaeffer’s Investment Research.
Korea’s chip-heavy KOSPI followed with an 89% gain, while Japan’s Nikkei added 35%. In contrast, the Nasdaq rose just 13% and the S&P 500 slightly under 10%.
The Magnificent Seven, the group that carried US markets for two years, ended the half 2% lower.
H1 2026 returns by asset, showing semiconductors beat Big Tech and crypto / Source: BeInCryptoCrypto fared even worse. Bitcoin slid 33% in the first half, falling from roughly $87,500 to below $59,000, CoinGecko data shows. Ether (ETH) dropped 47%, and Solana (SOL) fell 41%. Traditional hedges offered no shelter either, as gold slipped 7% and silver lost 18%.
ETF flows tell the same story. The VanEck Semiconductor ETF climbed 72%, and the iShares Semiconductor ETF gained 99%, while the Roundhill Magnificent Seven ETF declined slightly.
Meanwhile, a shortage of memory and storage has led chipmakers to raise prices as the industry approaches $1 trillion in annual revenue.
SOX vs MAGS / Source: TradingviewGoldman Backs the Earners While Crypto Trades Like a SpenderGoldman Sachs derivatives specialist Brian Garrett explained the divergence in a client note last week, as reported by Stocktwits.
“One of the reasons for the decrease in Mag7 exposure seems almost too simple as it’s been hiding in plain sight for months. The market is rightly rewarding the names that earn (capex beneficiaries, semiconductors, etc) while at the same time questioning the names that spend (hyperscalers).”
Hyperscalers such as Microsoft, Amazon, Meta, and Google pour hundreds of billions of dollars into data centers. Markets increasingly treat that spending as a cost without a proven payoff.
Meanwhile, companies that sell chips, memory, and equipment recognize revenue today.
That logic hits crypto hardest. Bitcoin earns nothing from the AI buildout, so it traded alongside the spenders rather than the earners. The pressure intensified after Michael Burry’s bubble warning sent memory stocks sliding this month.
The same split appeared inside the crypto market. Render (RNDR) gained 17%, and NEAR Protocol (NEAR) added 18% in the first half, while most majors fell over 30%, per CoinGecko. Both tokens sell exposure to computing power, the scarcest resource of this cycle. However, the pattern is not universal, as Bittensor (TAO) and Fetch.ai (FET) still declined.
H1 2026 crypto returns, AI compute tokens vs majors / Source: BeInCryptoBitcoin miners occupy the middle ground. Riot Platforms keeps selling BTC while funding its AI pivot, and rival miners chase similar data center deals.
Morgan Stanley Sees the Chip Trade TurningMorgan Stanley strategist Michael Wilson argued on Monday that chip momentum is fading as investors rotate toward hyperscalers, Bloomberg reported. The Philadelphia index has dropped almost 14% from its June record, though it remains 123% higher since September.
Cracks appeared before July. A blowout Micron forecast failed to sustain the rally, and the KOSPI triggered circuit breakers in June. Wilson, therefore, favors hyperscalers in the near term and expects them to soften spending plans.
JPMorgan strategist Mislav Matejka believes the rally will broaden beyond technology in the second half.
“AI is unlikely to be the only story in town.”
For crypto, this debate matters more than it appears. If capital exits the crowded chip trade and hunts laggards, Bitcoin ranks among the largest liquid laggards available. The token trades near $61,626 after a weekend short squeeze briefly lifted it toward $64,000.
Still, no major bank has named digital assets as the next rotation target. The coming weeks will show whether hyperscaler earnings confirm the turn, and whether any freed capital finds its way back to crypto.
Everyone who bought Nvidia in 2023 remembers why it felt like a leap of faith at the time. The AI story was still new, the chart hadn’t caught up yet, and most people waited for proof before buying in. That proof arrived, and the trade that followed became one of the biggest of the decade. Stargate LLM‘s presale sits in that same early window right now. Batch 1 just opened at $0.0005 per token, well ahead of any launch or listing.
Bittensor and Render, two of the AI sector’s most established names, show what that same trade looks like once the proof has already arrived. TAO trades near $250 with a market cap close to $3 billion. TAO trades near $250 as of late June 2026, ranked around #27 to #37 with a market cap close to $3 billion. And Render is holding through a broader market pullback this week.
Stargate LLM: Getting In Before the Chart Exists Global AI spending is on track to grow from roughly $391 billion in 2025 to more than $1.2 trillion by 2030. That kind of growth tends to reward the people who position early, and Stargate LLM is built to be one of the platforms through which growth flows. It’s not a wrapper riding on top of someone else’s model. It’s a full AI platform in its own right, offering conversational chat, image generation, video generation, private search, and its own agent marketplace, built to stand alongside names like OpenAI’s ChatGPT and Anthropic’s Claude rather than orbit around them.
The presale is structured in 10 batches, with the price stepping up at each stage. Batch 1 is open right now at $0.0005 per token, a 50x discount to the confirmed $0.025 launch price. The earlier a batch is bought into, the larger the theoretical multiple to launch, and Batch 1 alone carries a 50x path to listing, 9 batches ahead of where the presale eventually closes. That structure mirrors exactly what early infrastructure investors couldn’t get in 2023: a seat at the table before the breakout moment, not after it.
Token supply is fixed at 150 billion, with no additional minting planned after launch, and only 1% of that supply is set aside for the team. The rest flows to presale participants and to the community that will actually use the platform once it’s live. It’s the kind of allocation that signals a project built around its users first. This is exactly the kind of early window people are searching for when they look for the next 1000x AI crypto, a token priced before the market has had any real chance to weigh in.
Bittensor: A Mature Project Built Around Scarcity Bittensor has spent the past year building its case around supply. The network capped its total token count at 21 million and completed its first halving in December 2025, cutting new token issuance in half. Bittensor ran its first halving on Dec. 12, 2025, cutting daily emissions from 7,200 to 3,600 TAO against a fixed 21 million cap, the same hard-cap design Bitcoin uses.
TAO daily price chart — June 30 | Source: crypto.news
Roughly 70% of the circulating supply is staked, locking away a large share of the tokens in circulation. It’s a well-established, actively used decentralized machine learning network, and TAO remains one of the most recognized names in AI crypto. Like most projects with a multi-year track record, its price today reflects a market that has already had time to study it closely.
Render: Real Infrastructure, Growing By the Week Render connects people who need computing power for AI and rendering work with people who have GPUs sitting idle. The network recently expanded its capacity significantly, adding roughly 60,000 GPUs through a new partnership with Salad Technologies, approved through the project’s own governance process. It’s a genuine, functioning piece of AI infrastructure with real usage behind it.
Prices across the AI token sector dipped together this week amid a broader market pullback. A detailed market piece describes native DeFi, AI, and privacy tokens, including FET, TAO, RENDER, ZEC, and XMR, all falling as risk appetite faded across the board. which is normal for an established asset trading through short-term market cycles.
The Bottom Line Bittensor and Render are two of the strongest, most established names building AI infrastructure on-chain today, and both are worth understanding on their own terms. Stargate LLM offers something different: a chance to get positioned at the very start of a project’s story, at Batch 1 pricing, before the market has set the price at all.
For anyone comparing the two paths, established infrastructure with a known track record or an early presale window still ahead of its own chart, both are real ways to be part of the AI crypto trade. They’re just at different points on the same road, and Stargate LLM is at the very beginning of its own.
Explore Stargate LLM:
Website: stargate.org
Buy: own.stargate.com
Telegram: https://t.me/StargatellmOfficial
Twitter/X: https://x.com/stargatellm
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Bitcoin (CRYPTO: BTC) is in an interesting spot from a technical perspective, according to a popular trader that outlined his trading approach for the short term.
In a podcast on June 28, heavily followed trader Crypto Banter said he is fully positioned for what he calls "Scenario A," a strong relief rally from current levels toward $72,000.
Bitcoin’s support around the high-$58,000 to low-$60,000 range, combined with weekly bullish divergence and Fibonacci confluence, makes this an attractive accumulation zone, the trader said.
He placed his invalidation below $57,400, adding that a break beneath that level would increase the probability of a much deeper move.
"I’ve gone long in the markets. I’m long on Bitcoin. I’m long on multiple altcoins and I’m going to continue building altcoin positions,” he added.
The trader’s first Bitcoin profit target sits at $67,000, followed by a second target near $71,000, expecting the move to play out over the next one to two weeks.
Altcoins On The RadarBeyond Bitcoin, the trader has opened or is building positions in several major altcoins:
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
For the first time in eight years, Render Network doesn’t have enough GPUs to go around. The decentralized compute platform recorded negative GPU supply availability in Q2 2026, meaning demand for processing power officially outstripped every node the network could throw at it.
The last time this happened was 2018, when Render was a fraction of its current size.
The numbers behind the shortage Render onboarded roughly 60,000 new GPUs across 180 countries in just six months. Every single one was fully utilized immediately upon joining the network.
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AI workloads now account for 35-40% of all network activity, a dramatic leap from under 10% in 2024. The network currently reports approximately 5,600 active GPU nodes handling both rendering and AI compute tasks.
Token burns and the deflationary math Render operates on a Burn-and-Mint Equilibrium model, or BME. When someone purchases compute on the network, tokens are burned. When node operators provide GPU power, new tokens are minted as compensation.
Token burns surged 279% year-over-year, which serves as a direct proxy for how much compute is actually being purchased on the platform.
Why AI changed the equation Render Network originally built its reputation on 3D rendering. Artists, studios, and creators used the decentralized network to process visual effects and animation work. The jump from sub-10% to 35-40% of network activity in roughly two years reflects AI model training, inference, and fine-tuning consuming GPU capacity at unprecedented rates.
Centralized cloud providers like AWS, Google Cloud, and Azure have faced their own GPU shortages over the past two years, pushing some developers and companies toward decentralized alternatives.
What this means for investors The risk side deserves attention. Negative GPU supply means the network is capacity-constrained, which could push potential customers toward competitors if wait times become unacceptable. Decentralized GPU compute is an increasingly crowded space, with projects like Akash Network and io.net also vying for market share.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The most active projects within DePIN are TAO and ICP, which have very healthy growth in community building. The Siacoin had a higher number of interactions per post, which implies viral interest and traction when compared to ICP. Smaller projects, like Soul, Render, and LPT, also gain some traction, signaling a broader shift towards DePIN usage. TAO and Internet Computer (ICP) have been named the most socially active DePIN (Decentralized Physical Infrastructure Network) projects, according to data by Phoenix Group and LunarCrush. The listed metrics, as of June 14, 2025, indicate a spike in user activity in a range of blockchain infrastructure tokens.
In the same 24 hours, TAO had 6.9K engaged posts and 592.4K total interactions – easily ranked first in the category. ICP ranked second with 5.3K interested posts and 414.2K interactions, meaning that the community actively supports it and discussions are happening in the market. Engaged posts show the amount of online content that activated interaction, whereas total interactions comprise likes, comments, reposts, and additional user engagement indicators.
Render (RNDR), Siacoin (SC), and Theta (THETA) were also gaining considerable momentum. Render received 3.2K engaged posts and 216.5K interactions as GPU-based decentralized rendering increasingly becomes a topic of interest.
Siacoin had 2.5K posts and an outsized 614.9K interactions, second only to TAO. This indicates the possibility of highly viral content even though original posts are fewer. Theta, in turn, recorded 2.2K engaged posts and 142.4K interactions, staying strong in the decentralized video streaming niche.
These data demonstrate that certain projects, despite having less content volume, can elicit a high user response. The interaction-to-post ratio is large in SC, making it one of the more resonant tokens in content reach.
DePIN Narrative Expands as Emerging Tokens See Uptick The five projects with the highest ranking by lower volume are Elrond (EGLD), Livepeer (LPT), Soul, Filecoin (FIL), and Akash Network (AKT). EGLD received 1.8K interested posts and 129.8K interactions, and LPT got 1.7K posts and 58.0K interactions. FIL and AKT, though having less content creation, engaged over 113K and 68.5K interactions, respectively.
Soul, a newer kid on the block, drew 1.6K involved posts and 61.8K interactions, indicating its rising fame in the social scene. The increasing media coverage of the project reflects the growing interest in AI and DePIN crossover applications.
In its June 2025 Technology Convergence Report, the World Economic Forum projects that DePIN, currently estimated to be worth $30 billion, will reach an incredible $3.5 trillion by 2028. The report also projects this rise, which is accompanied by the expanding influence that DePIN is having in the worldwide technology community.
AUTHOR
Brenda is a writer with three years of experience specializing in cryptocurrency, artificial intelligence and emerging technologies. She graduated from the University of Mombasa with a degree in Psychology. She has worked at Cryptopolitan and Blockchain Reporter.
Privacy cryptocurrencies such as Zcash (ZEC) and Horizen (ZEN) are seeing significant whale allocations as private-preserving tools see heightened demand. A similar appetite is evident for Artificial Intelligence (AI)-related tokens amid the industry’s massive growth. These include Bittensor (TAO), Render (RENDER), and NEAR Protocol (NEAR).
Whales are loading up on privacy and AI tokensGrayscale Zcash Trust is one of the largest institutional vehicles for Zcash, now holding a total of 390,111 ZEC tokens (over 2.4% of the circulating supply) after it began accumulation in 2017. Cypherpunk Technologies holds 1.78% of the circulating supply, while Multicoin Capital holds a “significant position” in the same. ZEC now trades at $565.07, up 10.97% over the past week due to institutional interest.
Similarly, Grayscale is the top holder of ZEN with 961,450 ZEN tokens (5.3% of the circulating supply), having launched a trust in 2018. Its parent company, Digital Currency Group (DCG) was also an early investor in the project’s 2019 seed round.
As for AI tokens, once again, Grayscale is a major holder, having begun accumulation in 2021. The firm’s AI portfolio is mostly made of NEAR (32.56%), followed by TAO, RENDER, and Filecoin (FIL) at 26.49%, 22.18%, and 18.77%, respectively.
One whale wallet has been holding 17.01% of RENDER’s total supply since 2023. Meanwhile, venture capitalists such as a16z and Tiger Global Management hold a combined 14.38% of NEAR’s total supply, accumulated gradually since 2019.
CaveatsThat said, some privacy cryptocurrencies, such as KnoxNet (KNX), are still viewed with caution due to their thin liquidity. Regulators are also not very friendly to the likes of Monero, since its full-privacy feature conflicts with anti-money-laundering requirements.
As for AI, some analysts still warn of an AI bubble forming, similar to that of the dot-com era. They argue that most AI investments are driven by speculative hype rather than actual infrastructure growth.
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Solana’s DePIN sector maintained strong operational activity in April 2026 as revenue stabilized above $2.5 million, according to Syndica’s latest Solana DePIN Deep Dive report.
The report tracked major Solana-based DePIN protocols, including Helium, Render, Hivemapper, UpRock, NATIX, XNET, and GEODNET. Collectively, these projects generated $2.8 million in April revenue, holding near March’s $2.9M after several months of rapid expansion.
Revenue Stabilizes While Rewards Continue to Decline Although revenue remained resilient, deployer rewards continued to weaken. In April 2026, Solana DePIN protocols collectively distributed $1.8 million in rewards, representing a 14% decline from March.
The decline suggests protocols may be shifting toward more efficient network participation models as operators adjust to changing market conditions and lower incentive payouts. Despite softer rewards, overall protocol usage remained elevated across several sectors, particularly wireless infrastructure.
Wireless Networks Continue to Dominate Activity Wireless-focused DePIN projects remained the largest contributors to network usage across the Solana ecosystem. In April 2026, Dabba Network, Helium Mobile, and XNET collectively delivered 44,000 terabytes of offloaded data. While this marked a slight 2% decline from March’s all-time high of 45,000 terabytes, activity still stood at 17 times the level from April 2025.
Helium Mobile continued to lead the sector. The protocol generated $2.3 million in April revenue, representing an 8% decline from March’s all-time high but still the second-strongest month in its history. Cumulative Helium Mobile revenue since January 2025 has now surpassed $20 million.
Network usage also remained strong. Average daily offload held steady at 111 terabytes while average daily subscribers climbed to a new record of 2.9 million users. The stable offload rate despite subscriber growth suggests that average usage per user remained consistent as the network expanded.
Dabba Network also maintained strong activity despite slowing deployment growth. The protocol consumed 40,000 terabytes of data during April, only 5% below March’s level. Cumulative network consumption surpassed 205,000 terabytes. However, new deployments slowed to 2,000 as attention shifted toward the $DBT token generation event.
XNET also continued posting operational growth. The network delivered 164 terabytes of offloaded data in April, up 9% from March and marking its third consecutive monthly all-time high. Cumulative XNET offload crossed 1,098 terabytes during the month, surpassing the 1 petabyte milestone.
Mapping and Location Protocols Show Mixed Trends Mapping-focused DePIN projects recorded uneven performance during April. Hivemapper processed 4 million mapping events and 10 million kilometers mapped during the month. These figures represented declines of 20% and 9%, respectively, compared to March. Notably, NATIX resumed token burns after pausing buy-and-burn activity for two months.
Elsewhere in the location infrastructure sector, Onocoy recorded accelerating growth. The protocol added 341 new minerstations during April, representing a 13% increase from March and its strongest expansion month since late 2025.
Wingbits launched its $WINGS token on April 22. By the end of April, cumulative claims reached 11.3 million $WINGS.
Ambios maintained elevated operating activity, captured 27 million new streams in April, holding close to March’s record levels.
Compute and AI Protocols Continue to Expand Compute, AI, and data-focused DePIN projects delivered mixed but generally improving results in April. Nosana showed signs of stabilization after several months of declining activity, while UpRock reached a new all-time high in revenue.
Render also continued recovering from earlier weakness. The protocol generated $221,000 in burn-based revenue during April, up 26% from March and marking the second consecutive month of gains following February’s low. April also marked the first time Render's revenue exceeded $200,000 since September, 2025.
Syndica’s report also showed that DePIN growth continues shifting between sectors rather than slowing uniformly across the ecosystem. Wireless networks remain the dominant revenue drivers, while compute and AI protocols increasingly attract attention through GPU integrations and infrastructure partnerships.
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Render rose to $2.25 on May 26, gaining 13.16% over 24 hours and 24.16% over seven days, according to crypto.news price data.
Summary
Render rallied above $2.25 as daily active addresses and new wallets hit 12-week highs together. Derivatives volume rose 126.52% while open interest climbed 47.27%, pointing to stronger trader activity. Render’s AI compute narrative gained attention as GPU demand stayed central to the 2026 market. The token traded between $1.99 and $2.26 during the same 24-hour period, while trading volume stood at $219.35 million.
The move came as Santiment reported a sharp rise in Render’s on-chain activity. The analytics platform said daily active addresses climbed to 394 in one day, while 118 new wallets were created. Both figures reached their highest levels in 12 weeks.
Santiment said “Render’s on-chain activity has seen a major breakout in late May.” The firm added that the token moved back above $2.25 for the first time in more than four months.
The increase in active addresses shows that more wallets used the network during the move. The rise in new wallets also points to fresh users entering the Render ecosystem during the latest price rebound.
AI demand keeps Render in focus Render has remained closely tied to the artificial intelligence trade because its network supports decentralized GPU computing. The project connects users who need computing power with distributed GPU providers that can process rendering, machine learning, and AI-related workloads.
Santiment linked much of Render’s 2026 momentum to demand for AI infrastructure. It said Render has positioned itself as a decentralized GPU computing network that can support AI training, machine learning, and advanced rendering tasks.
As previously reported by crypto.news, Render as a token is often linked to GPU scarcity and decentralized rendering demand, and is widely connected by the market to AI compute and distributed GPU use cases.
The same report also noted that Render can benefit when investors focus on persistent GPU bottlenecks and distributed rendering power. However, it also listed competition from cloud providers and other DePIN GPU networks as a risk for the sector.
Bollinger Bands show a stretched breakout Technical data showed Render trading above the upper Bollinger Band at $2.176. The middle band stood near $1.944, while the lower band was around $1.712.
A move above the upper band often shows strong short-term buying pressure. It can also mean the move is stretched if buyers fail to hold the breakout zone. For Render, the $2.17 to $2.18 area now serves as the first key level to watch.
If Render stays above that range, the breakout structure remains active. A clean push above $2.27 would give buyers stronger confirmation because it would clear the recent high area.
If price falls back below $2.17, the setup would weaken. In that case, the middle Bollinger Band near $1.94 would become the next major support zone on the daily chart.
Render price chart, source: crypto.news Volume also increased during the upward move. The chart showed volume near 2.49 million, which supported the breakout attempt. Still, volume did not reach the kind of extreme level seen during larger past moves.
The Aroon Oscillator stood at 50, showing positive momentum but not full trend strength. The recovery from negative territory showed that buyers had regained short-term control.
Derivatives data shows stronger trader interest Derivatives data added another layer to Render’s move. According to Coinglass data, trading volume rose 126.52% to $302.39 million, while open interest increased 47.27% to $112.82 million.
Rising open interest means more futures positions were active during the move. When open interest climbs with price, it often shows that traders are adding exposure instead of only closing old positions.
Source: Coinglass This does not confirm that all new positions are bullish. It only shows that more capital has entered Render-linked derivatives markets. That makes the next price move more important because crowded positioning can raise volatility.
Render’s market capitalization stood at $1.16 billion, with a fully diluted valuation of $1.20 billion. The token ranked #63 by market cap, while its circulating supply stood at 518.74 million tokens.
Despite the latest rally, Render remained far below its all-time high of $13.53, set on Mar. 17, 2024. crypto.news data also showed that Render was still down 53.61% over the past year, even after gaining 24.71% over the past 30 days.
The current setup leaves Render at a clear short-term test. On-chain activity has improved, AI demand remains part of the market story, and derivatives activity has expanded. Price now needs to hold above the breakout zone to keep the rebound intact.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Render (RENDER) is up 7% at press time on Tuesday, extending a four-day rally with over 25% gains so far. A surge in wallet- and leverage-driven trading activity bolsters the rally, reflecting increased retail demand for the AI token. Render should secure a daily close above $2.40 to confirm the bullish breakout of a rising channel pattern.
Render joins the AI crazeThe Render network is heating up with a fresh surge in wallet activity as the broader market interest in AI crypto tokens rises. Santiment data shows the daily active addresses hit a two-month high of 394 on Monday, up from 186 addresses the previous day, suggesting a surge in user activity.
At the same time, network growth surged to 118, which reflects the number of new wallets joining Render. A surge in Render’s on-chain users implies its entry into the AI crypto rally.
Render wallet activity. Source: SantimentOn the derivatives side, the AI token is gaining traction among retail investors. CoinGlass data shows a spike in RENDER futures Open Interest (OI) to $106.23 million on Tuesday, up from $78.38 million the previous day. Typically, an increase in OI that coincides with a price surge reflects a positional buildup in anticipation of further upside.
RENDER Open Interest chart. Source: CoinGlassRender trades above $2.35 at press time on Tuesday, extending a four-day bullish phase. The AI token holds well above the 50-, 100-, and 200-day Exponential Moving Averages (EMAs), reaffirming a bullish bias.
Render's four-day rally tests the 78.6% Fibonacci retracement level at $2.37, measured from the $2.71 high to $1.12 low. This level coincides with an ascending trendline connecting the January 31 and April 7 highs, near $2.40. A decisive close above this zone would open the path toward $2.71 and the 127.2% Fibonacci extension level at $3.14.
The Moving Average Convergence Divergence (MACD) rises above its signal line on the daily chart as buying pressure grows. At the same time, the Relative Strength Index at 74 signals strong but overbought momentum, suggesting the advance may be prone to a corrective pullback.
RENDER/USDT daily price chart.On the downside, initial support is seen around the 200-day EMA near $1.99 and the 50% retracement at $1.91, reinforcing the broader bullish structure.
(The technical analysis of this story was written with the help of an AI tool.)
26 May 2026 | 14:59 Render broke above all three moving averages on record volume with on-chain activity at 12-week highs.
Key Takeaways:
RENDER up 32% in past 7 days, breaking above all three SMAs. 394 active addresses and 118 new wallets, highest since March 12. $2.48 resistance is the last barrier before 2026 high retest. Break above $2.48 opens path to approximately $2.70 January peak. Failure to hold current levels brings $2.20-$2.25 support into play. RENDER is trading at $2.357 today, up 32% for the week, and the move has substance behind it. Price broke above all three moving averages in a single candle – SMA50 at $1.888, SMA100 at $1.744, and SMA200 at $1.748, on volume of 9.79M, the highest daily volume seen in months. The SMA100 and SMA200 are sitting just four cents apart, which makes that $1.74-$1.75 zone a particularly strong floor if price were to pull back sharply.
But the move stopped at $2.41. And what’s sitting just above that is the level that matters most right now.
The $2.48 resistance: why this specific level is the one to watch The blue horizontal line on the chart sits at approximately $2.48 to $2.50, and its history explains its importance. This is the level that capped price both before and after RENDER reached its 2026 high of approximately $2.65-$2.70 on January 11. It stopped price on the way up into that high, and again on the way back down when price tried to recover. A level that stops price from both sides has a demonstrated concentration of sellers, it’s not a randomly drawn line.
The current move peaked at $2.423 on today’s candle before pulling back to $2.357, meaning the market is already reacting to that $2.48 zone before even reaching it. If buyers push through it with conviction, there’s no major resistance between $2.48 and the January high around $2.65-$2.70. That zone was only briefly visited in January before price reversed, leaving little overhead supply to work through.
Getting through $2.48 cleanly would mean RENDER has reclaimed every major moving average, broken a multi-month resistance ceiling, and is in position to retest its highest price of 2026.
What the on-chain data says about this move The Santiment data makes today’s price move harder to dismiss. Daily active addresses hit 394 in a single day, the highest reading since March 12. New wallet creation reached 118 in the same session, also a 12-week high. Active addresses show existing holders engaging with the network. New wallet creation shows fresh participants entering for the first time. Both spiking together on the same day price breaks above three moving averages on record volume tells you this move has real network activity behind it, not just a liquidation cascade or a thin-market candle.
Render’s underlying momentum throughout 2026 has been driven by its position as a decentralized GPU computing network for AI training, machine learning, and advanced rendering workloads. The network has been expanding its GPU capabilities through integrations and infrastructure growth, adding tens of thousands of GPUs and supporting more advanced NVIDIA hardware. AI infrastructure demand isn’t slowing down, and Render is one of the few crypto projects with a direct, functional connection to that demand rather than just a narrative attached to it. That’s why buyers show up at support on this asset in a way they don’t on purely speculative tokens.
RSI at 74.58: elevated but not exhausted RSI at 74.58 on the daily is hot but hasn’t crossed 80, which is where momentum moves on RENDER have historically shown exhaustion. The signal line sits at 53.83, well below the RSI, meaning momentum is accelerating rather than rolling over. When RSI is this far above its signal line on a breakout candle, the move typically has more room before cooling. So $2.48 is likely the real test here, not current price.
If the move fails: $2.20-$2.25 is where the next floor is The pullback from the $2.41 intraday high to $2.357 is the first sign that $2.48 won’t be taken without a fight. If buyers don’t return with enough force, the next solid support sits in the $2.20-$2.25 range, where price spent several days consolidating before the current breakout. A pullback there would be a 6-7% correction from current levels but would keep the overall move intact, the three moving averages would still be below price, and $2.20-$2.25 would represent a higher low compared to the early May lows near $1.80.
A breakdown below that zone changes the picture and would need a full reassessment. But given the volume and on-chain confirmation behind today’s move, that’s not the most likely outcome right now.
Where things stand RENDER cleared three moving averages on the highest volume in months, with network activity at 12-week highs behind the move. One resistance at $2.48 separates current price from a full retest of the 2026 high. The move stalled at $2.41 today, meaning that resistance is already being felt before price reaches it.
If buyers hold above $2.20-$2.25 on any pullback and make another attempt at $2.48 with similar volume, the path to $2.65-$2.70 opens. If the pullback deepens past $2.20, the setup changes. The volume, RSI momentum, active address spike, new wallet growth, and AI infrastructure fundamentals all point toward the breakout case, but $2.48 has to be cleared first, and today it wasn’t.
The next 48 to 72 hours on the daily chart might settle it
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
On-chain data shows whale-sized Chainlink wallets have reached a new all-time high (ATH), a sign that big-money interest has been flowing into the network.
Chainlink Wallets With At Least 100,000 LINK Have Set A New Record According to data from on-chain analytics firm Santiment, Chainlink has seen large wallets reach a new record. The indicator of relevance here is the “Supply Distribution,” which tells us about the total number of addresses that belong to a particular address group.
Wallets or investors are divided into these cohorts based on the number of tokens that they are carrying in their balance. For example, the 1 to 10 coins group includes all addresses holding between 1 and 10 LINK. In the context of the current topic, the range of interest is the one with a lower bound at 100,000 LINK and no upper limit.
At the current exchange rate, the cutoff for the range converts to $957,000, which is a significant amount. Thus, the only investors who would qualify for the group will be the big-money entities like the sharks and whales. Such holders can carry some degree of influence on the network so their behavior can be worth keeping an eye on.
Below is the chart shared by Santiment that shows how the Supply Distribution has changed for these Chainlink investors over the past few months.
The value of the metric seems to have been rising in recent weeks | Source: Santiment on X As is visible in the graph, the Chainlink wallets with 100,000 LINK or more have witnessed a rise in the indicator during the last couple of months. This suggests that the population of big-money investors on the network has grown.
More specifically, the Supply Distribution of the LINK whales has increased by 8.2% over the last seven weeks, a notable figure. Interestingly, this inflow of large investors into the network has arrived while the cryptocurrency has followed an overall trend of sideways movement.
Currently, there are 805 wallets holding at least 100,000 LINK, which is a new ATH. “Key stakeholders are showing bullishness toward the #16 market cap in crypto,” noted Santiment. It now remains to be seen whether the optimism from the LINK whales will end up reflecting on the cryptocurrency’s price.
While Chainlink has witnessed a trend of accumulation, Bitcoin has observed distribution from its large hands instead. As analyst Ali Martinez has highlighted in another X post, the supply of the BTC whales registered a decline recently.
Looks like the whales have been participating in net selling | Source: @alicharts on X From the chart, it’s apparent that the Bitcoin whales sold 18,447 BTC between the 18th and 21st of this month, worth approximately $1.41 billion.
LINK Price At the time of writing, Chainlink is trading around $9.57, unchanged from one week ago.
The trend in the price of the coin over the last five days | Source: LINKUSDT on TradingView Featured image from Dall-E, chart from TradingView.com
Render [RENDER] fell nearly 12% in 24 hours as liquidation fears over seized Alameda‑linked tokens intensified market‑wide selling pressure. The decline deepened after reports confirmed U.S. authorities transferred part of the seized assets to Coinbase Prime, sparking speculation about potential sell‑side distribution.
Trading activity also weakened sharply, with 24-hour volume falling more than 43% during the correction phase. However, the broader structure still reflected an active ascending channel despite the rejection near overhead resistance.
The focus now is whether the $1.75 support region will stabilize price action before another wave of volatility emerges.
RENDER leveraged traders rapidly reduced exposure At the time of writing, Open Interest (OI) dropped 13.73% to nearly $88.49 million as derivatives traders pulled capital from the market during the correction. The decline reflected fading speculative participation rather than aggressive bullish positioning.
Many leveraged traders likely closed positions after volatility surged around the government transfer reports. However, the reduction in OI also suggested that excessive leverage had started clearing from the market.
The shift slightly reduced the probability of extreme liquidation-driven volatility in the near term. Derivatives activity therefore remained cautious despite Render still trading inside a broader bullish structure.
As leveraged exposure cooled, market participants appeared increasingly focused on whether spot demand could stabilize the current decline before another directional move developed.
Source: CoinGlass Can RENDER’s ascending channel still survive? RENDER continued trading inside its ascending channel despite the sharp rejection from the critical $2.32 resistance zone. Notably, the price has respected the channel structure for months after recovering from the $1.24 support area earlier this year.
However, the latest pullback pushed RNDR closer to the mid-range support near $1.75, which now represented the most important defensive level for bulls. At press time, MACD still reflected a bullish crossover above the zero line, although buying strength had already started cooling after the rejection.
The histogram also showed weakening upside acceleration during the latest sessions. If buyers reclaimed the upper channel region again, RENDER could revisit the $2.32 resistance area. Otherwise, sustained weakness would likely pressure the lower boundary of the structure.
Source: TradingView Short liquidations still clustered overhead for RENDER Liquidation heatmap data showed dense short liquidation clusters building between the $2.20 and $2.36 range.
Those liquidity zones suggested that any aggressive recovery could still trigger sharp upside volatility if short sellers became trapped above resistance. However, downside liquidity below $1.95 remained relatively limited, which reduced the probability of an immediate large-scale liquidation cascade beneath current price levels.
Traders therefore appeared more concentrated around overhead resistance than lower support zones. The broader liquidation structure also aligned with the current channel resistance area near $2.32.
If bulls regained strength and forced prices higher, leveraged short positions around that region would likely face increasing pressure from liquidations and rapid position closures.
Source: CoinGlass Render still maintained its broader ascending channel despite the sharp correction triggered by liquidation fears surrounding seized RENDER tokens.
However, weakening derivatives participation and the rejection near $2.32 showed that bullish control had already weakened in the short term.
If buyers defend the $1.75 support region, RENDER would likely attempt another recovery toward overhead resistance. Otherwise, continued fear-driven selling could extend the correction further across the market.
Final Summary RENDER stayed inside its ascending channel despite aggressive fear-driven selling pressure. Falling Open Interest showed traders reduced leverage exposure during Render’s sharp correction.
It is not a rally in price that first demands attention—it is the sudden reappearance of wallets that were not there before. For Render, that is exactly what happened in late May. According to the Santiment update, the network’s daily active addresses climbed to 394 in a single day while 118 new wallets were created—both the highest readings in 12 weeks. The activity coincided with RNDR pushing back above $2.25 for the first time in over four months.
Those numbers are not enormous by broader crypto standards, but they matter because Render is not a high-volume utility token for everyday transfers. It is a specialized network for decentralized GPU rendering, and spikes in address activity usually mean actual usage, not just speculation. A jump to 394 daily active addresses, with fresh wallets entering the ecosystem at the same time, points to renewed demand from creators, developers, or node operators. When such a network sees dormant on-chain behavior revive after months of quiet, market participants pay attention.
On-Chain Expansion and the AI Infrastructure Play Render sits at the intersection of two narratives that have been reshaping crypto markets: artificial intelligence and decentralized physical infrastructure. Because its tokens are used to pay for rendering jobs, network growth can be a leading indicator for AI compute demand. The latest uptick in addresses and wallets is small on an absolute scale, but the change relative to recent history is stark. Three months of stagnation suddenly gave way to a single-day burst that reset local highs.
That pattern has appeared before. In previous cycles, sharp increases in daily active addresses and new wallet creation on less liquid utility tokens preceded extensions in price, though not always immediately. The difference this time is that the AI sector has remained a focal point even as broader altcoin markets consolidated. Tokens that connect decentralised computing with machine learning workloads have outperformed many peers, and Render’s infrastructure positioning gives it a durable bid when interest returns.
What Traders Should Watch Next The one-day spike is just that—a single data point. What matters now is whether the new addresses stick around. If the same batch of wallets remains active over the following week and daily active addresses stay above the three-month average, the market will treat it as a genuine shift in network fundamentals rather than a fleeting anomaly. If the numbers retreat as fast as they arrived, the move will be filed under temporary curiosity.
There is also the question of whether this activity is organic or tied to a specific event. No major partnership or protocol upgrade was announced at the same time, which makes the on-chain action stand out even more. In the absence of a clear catalyst, the safest read is that a cohort of users returned to the network for jobs that required rendering, and their wallets lit up the metrics. For traders watching AI-related tokens, the next few days of on-chain data will tell whether that cohort brought friends.
AUTHOR
Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
Centralized AI has just reached its breaking point. When Anthropic folds under regulatory pressure, decentralized tokens like TAO and RENDER soar. Crypto proves once again that it is the ultimate escape from censorship. But is this runaway trend sustainable?
In brief Anthropic forced to suspend Fable 5 and Mythos 5 following a directive from the US Department of Commerce for national security reasons. Historic rally of decentralized AI tokens: Bittensor (+39%) and Render (+15%) capitalize on the situation. Decentralized AI establishes itself as a resilient alternative to censorship and regulatory restrictions. Anthropic forced to suspend Fable 5 and Mythos 5: the explosion of AI tokens On June 12, 2026, the US government delivered a heavy blow to centralized AI. Indeed, an emergency directive forced Anthropic to globally disable its flagship models, Fable 5 and Mythos 5, citing national security risks. Officially, a jailbreak vulnerability was identified, allowing exploitation of minor known weaknesses.
Fable 5 and Mythos 5 suspended by the US government. Result? A total shutdown for all users! Because isolating foreign nationals is technically impossible with the current architecture. The market reacted instantly. Decentralized AI tokens, like Bittensor (TAO) +39% and Render (RENDER) +15%, surged. Investors saw in this crisis proof that AI was the only way to escape arbitrary regulation. A speculative rally, but also ideological.
Is decentralized AI experiencing the same situation as decentralized cryptos? Is decentralized AI following the same path as decentralized cryptos? The answer is yes, and it makes sense. Indeed, just as Bitcoin (BTC) emerged in response to centralized banks, decentralized Artificial Intelligence develops in response to centralized giants like OpenAI or Anthropic, now under regulatory pressure.
Decentralized cryptos have proven resilient to restrictions. Despite bans, BTC survived. Similarly, decentralized AI resists censorship thanks to distributed networks, where no state can disable access. Yet, challenges remain immense:
Scalability; Energy costs; Mass adoption. The rally of decentralized AI tokens is a sign of the times: crypto fills the gaps of centralization. But between technological idealism and economic reality, which will prevail? What if decentralized AI is just a band-aid on a wooden leg? And you, would you be willing to bet on decentralized artificial intelligence, or is centralization still inevitable?
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Crypto cycles have increasingly tracked macro data, with strong jobs and PMI figures tightening liquidity, while weaker prints often revive risk-on demand. Investors now closely watch unemployment and PMI thresholds, using them as signals to determine when to rotate between high-beta altcoins and more defensive, utility-heavy allocations. AI-driven creator platforms are emerging as a structural theme, transforming fragmented content tools and opaque revenue-sharing models into on-chain, programmable economies. SUBBD targets excessive creator‑platform fees, arbitrary bans, and fragmented AI stacks by merging Web3 payments, governance, and advanced AI tools into a single tokenized ecosystem. Macroeconomic data has quietly turned into one of crypto’s biggest mood swings. One minute, Bitcoin is surging higher on a soft US jobs report, the next it’s plummeting on a hotter-than-expected inflation print, as traders constantly adjust their expectations for rates, liquidity, and risk appetite.
Back in 2023, when unemployment flirted with 3.4% and PMI readings hovered near the 50 expansion line, markets reacted like everything was finally calming down.
Source: U.S. Bureau of Labor Statistics Bitcoin and Ethereum surged, while higher-beta sectors took off, and even AI and creator-economy tokens experienced outsized flows as investors chased momentum.
Then you have the other side of the coin. A stronger payrolls report or a surprise rebound in manufacturing can send bond yields flying, push the dollar higher, and suck liquidity out of speculative assets.
You have probably seen it play out a hundred times, with majors swinging 10 percent around Non-Farm Payrolls or PMI data. Altcoins without real utility usually get hit twice as hard.
That’s why more traders are starting to migrate toward projects with tangible use cases and real user demand. SUBBD fits neatly into that shift.
The token powers an AI content creation platform aimed at the $85B creator economy and continues attracting buyers even during choppy macro conditions.
The presale has already raised $1.3M; each SUBBD is currently priced at $0.057, and staking offers a 20% APY, which helps support long-term participation, regardless of whether the next data print sends markets into a risk-on or risk-off phase.
For a deeper dive into market drivers and long-term growth potential, you can explore our full SUBBD token price outlook.
How Jobs And PMI Data Steer Crypto Liquidity Cycles If you zoom out and look at major crypto tops and bottoms since 2020, they line up neatly with shifts in global liquidity. Ultra-loose policy, near-zero rates, and trillions in stimulus helped fuel the 2020 to 2021 bull run.
Once central banks began hiking aggressively in 2022 to fight sticky inflation, Bitcoin slid more than 70 percent from its all-time high, and speculative capital dried up across the board.
US employment and PMI data sit right at the center of that macro picture. Strong payroll growth and PMI readings comfortably above 50 usually signal a healthy economy. That gives central banks cover to keep policy tighter for longer, which pushes real yields higher and makes risk assets less appealing.
Softer data has the opposite effect; it revives rate cut bets, eases financial conditions, and often pulls fresh liquidity back into crypto.
In this kind of stop-start environment, investors have been rotating toward AI and creator economy plays that actually solve problems, from Render and Livepeer in compute and streaming, to Web3 social projects that are rebuilding the social graph.
SUBBD AI Creator Feature: Coming Soon SUBBD is trying to sit in that same lane, a content-focused AI and Web3 stack that aims to attract real creators and viewers, not just short-term speculation. That positioning can matter when the next payroll or PMI print flips sentiment from risk on to risk off in a single session.
Why SUBBD’s Utility Story Matters When Macro Turns Risk Off When liquidity tightens after a hot payroll report or a stronger PMI reading, tokens with weak foundations and no real revenue paths are usually the first to bleed. SUBBD is built on a different thesis.
The project combines Web3 rails with AI creator tooling to challenge platform fees that can reach 70 percent on legacy creator apps, while giving both creators and fans protection from arbitrary bans and geography-based restrictions.
At the center of the ecosystem is the SUBBD AI Personal Assistant, a toolkit that automates fan interactions, manages chats, handles basic support, and powers AI voice cloning and full AI influencer creation. All of these features are directly connected to crypto payments, token-gated content, and on-chain governance.
As the platform grows, transactional demand for the SUBBD token grows with it, regardless of whether the next PMI print lands at 48 or 55.
While many AI creator projects stop at simple chatbot functionality, SUBBD stacks multiple monetization routes on top. Creators can earn from subscriptions, pay-per-view content, NFT drops, and tipping, while users gain XP multipliers and additional rewards through the token.
The presale has already raised over $1.3M with each SUBBD priced at $0.057, which suggests that investors are willing to back a utility-driven model long before the full platform goes live.
On the reward side, staking starts with a 20% APY in the first year, then shifts into a model where stakers unlock platform benefits that include exclusive livestreams, in-house content, and daily behind-the-scenes drops.
In a macro climate where yields on traditional assets can shift after every jobs report, this blend of predictable on-chain rewards and real product utility is an appealing setup for investors who are comfortable taking measured risk.
A simple move, not a gamble, is often the smarter play, and the SUBBD presale gives early participants a chance to position before the platform reaches scale.
This article is for informational purposes only and does not constitute financial or investment advice.
Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/will-pmi-and-jobs-data-move-crypto-subbd-token
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Despite the ongoing correction in the crypto market, opportunities abound for investors. In the spotlight this week is Bitcoin, but the world of altcoins is equally brimming with potential.
#1 Bitcoin (BTC) – The King Of Crypto Bitcoin remains the bellwether of the crypto market, and its price action is once again expected to set the tone for the week. Grayscale’s GBTC ETF, which currently holds 566,973 BTC ($23.21B), is a key focal point. The ETF has seen outflows of approximately 52,227 BTC ($2.14 billion) since it was passed, leading to speculation about when these outflows will end.
According to the #Grayscale website, #Grayscale currently holds 566,973 $BTC($23.21B), decreasing ~52,227 $BTC ($2.14B) since the ETF was passed.
Crypto analyst Ignas | DeFi Research pointed out the psychological impact of Grayscale’s continuous selling: “Grayscale’s continuous dumping every working day gave the market trauma. Now, everyone expects another BTC transfer from GBTC to Coinbase and BTC dumped in advance. A massive rebound awaits when that anticipated morning transfer never happens.”
Thus, the spot Bitcoin ETF flows in general (how can the “newborn nine” absorb the GBTC outflows) and the GBTC outflows particular will be key data points, which will determine the price trend this week. At press time, BTC was falling towards the 6-week low at $40,270.
BTC price drops below $41,000, 4-hour chart | Source: BTCUSD on TradingView.com #2 Dogecoin (DOGE) The creation of the X Payments account on the X platform (formerly Twitter) has ignited speculation about the inclusion of Dogecoin in the project. This speculation led to a 23% surge in DOGE’s price within just 5 hours on Saturday. Although the gains were partially reversed, this incident underscores the importance of following X Payments closely.
X Payments is part of X’s plan to launch its payment service, and the account already boasts over 100,000 followers, including prominent figures in the crypto community. DOGE is a strong contender for inclusion due to Elon Musk’s association with both X and his fondness for the meme coin. Investors are eagerly awaiting any substantial announcements from X Payments, as they could significantly impact DOGE’s price.
#3 Render (RNDR) The launch of Apple Vision Pro on February 2nd is poised to have a profound impact on the Render (RNDR) network. During the announcement of Apple Vision Pro last year, RNDR experienced a substantial price surge. The distributed computing sector, including RNDR, is expected to benefit significantly from Apple Vision’s launch.
Speculation surrounds a potential partnership between Apple and the crypto company behind RNDR, OTOY. OTOY is closely associated with both the RNDR token and Octane, a product linked to RNDR. The CEO of OTOY, Jules Urbach, has connections to both products, fueling rumors of collaboration.
Apple’s mention of RNDR during its WWDC 2023 event further supports the notion of a possible collaboration.
#4 Chiliz (CHZ) Chiliz (CHZ) has piqued the interest of investors with the promise of new tokenomics. CEO Alexandre Dreyfus has hinted at a revamped tokenomics model, including a burn system, subsidization of staking rewards, and external consultation. Dreyfus stated, “Farming and earning CHZ on the Chiliz network is coming soon to your screens (and wallets).”
Farming and earning $CHZ on the @chiliz network is coming soon to your screens (and wallets).#SportFi #Tokenomics https://t.co/JJXJz00xwP pic.twitter.com/KlsBvaQNkV
— Alexandre Dreyfus (@alex_dreyfus) January 20, 2024
Additionally, the PEPPER airdrop is generating excitement within the CHZ community. This airdrop involves growing CHZ on the Chiliz blockchain to receive daily PEPPER rewards from the greenhouse. Dreyfus has actively engaged with the community on social media, encouraging users to follow @PepperChain for early access to the PEPPER meme airdrop.
#5 Frax Share (FXS) Frax Share (FXS) is making headlines with the upcoming launch of SfrxETH on EigenLayer, scheduled for January 29th. SfrxETH is the native ETH LSD token of the Frax protocol and has experienced significant growth. Fraxtal, Frax’s Layer-2 blockchain, is also set to launch in the first week of February.
With a TVL of over $1 billion and a market capitalization of $685 million, FXS is set to attract the attention of the crypto community. CEO and founder Sam Kazemian, aims to roll out Fraxtal as a significant addition to its existing product suite. Several projects, including Curve, have proposed deploying their functionalities on Fraxtal, which utilizes rollups technology to execute transactions efficiently.
In a recent interview, he expressed high expectations for Fraxtal’s performance, predicting substantial TVL and market capitalization growth in the coming months. “The current timeline is the first week of February. Etherscan will support it on day 1 with Fraxscan, and a huge slew of projects will debut soon after launch. It will surely be one of the biggest rollup releases of the year,” Kazemian remarked.
He added, “We expect at least a 9-figure total value locked in the first month and $1 billion plus for Q1. That should put us in the top 5 chains soon thereafter if our innovations are well received.”
Featured image from iStock, chart from TradingView.com
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This week in the crypto market, Bitcoin’s price surpassed $68,000, and the market capitalization returned to over $2.28 trillion.
BeInCrypto noted special investor interest in events such as Grayscale’s review of 35 altcoins for potential investment products and investors’ expectations of an altcoin season ahead of the US elections.
Additionally, Miles Deutscher has suggested several altcoins, claiming they might have a strong growth potential. The community is also paying attention to Craig Wright’s legal plans and Tesla’s Bitcoin movements.
Grayscale Unveils 35 Potential AltcoinsEarlier this week, Grayscale announced a list of 35 altcoins under consideration for future investment products. Following the announcement, many of these altcoins experienced significant price increases over the week. The top 10 altcoins on the list saw gains ranging from 13% to 49%.
Read more: 11 Cryptos To Add To Your Portfolio Before Altcoin Season
The Top 10 Best-Performing Altcoins of the Week are part of Grayscale’s Potential Candidates. Source: DropstabThirty of the 35 altcoins enjoyed a green week, with only Kaspa (KAS) and Helium (HNT) facing notable declines of -4% and -7.4%, respectively.
“Assets Under Consideration lists digital assets not currently included in a Grayscale investment product but identified by our team as possible candidates for inclusion in a future product,” Grayscale explained.
Additionally, Grayscale filed with the SEC to convert its Digital Large Cap Fund into an ETF, following the success of transforming Bitcoin Trust and Ethereum Trust into spot ETFs.
Miles Deutscher Highlights 4 Altcoins Investor Miles Deutscher introduced four altcoins that he believes could deliver 10x returns. These altcoins focus on GameFi, artificial intelligence (AI), Decentralized Physical Infrastructure Network (DePIN), and real-world assets (RWA) sectors, including:
SuperVerse (SUPER) Bittensor (TAO) Mantra (OM) Render (RNDR) Read more: 7 Hot Meme Coins and Altcoins that are Trending in 2024
Price Performance of Altcoins Suggested by Deutscher. Source: TradingViewSince his announcement, the prices of these altcoins have slightly declined, which occurred as Bitcoin Dominance reached a three-year high. Deutscher also commented on meme coins, suggesting they are at a crossroads and may face a short-term correction.
Craig Wright Plans to Sue Bitcoin CoreOn October 11, a tracker from the UK High Court revealed that Craig Wright is taking legal action against Bitcoin Core and Square.
Wright, representing himself in the case as a “direct claimant,” is seeking £911 billion ( ~$1.18 trillion) from Bitcoin Core and Square, alleging they misrepresented Bitcoin (BTC) as the true version of the digital asset created by Satoshi Nakamoto.
Additionally, Wright threatened to sue MicroStrategy CEO Michael Saylor for allegedly misrepresenting Bitcoin. The Australian computer scientist is also filing three other legal appeals in the UK, two against the Crypto Open Patent Alliance (COPA) and one targeting Peter McCormack.
Read more: Satoshi Nakamoto – Who is the Founder of Bitcoin?
Altcoin Season Ahead of US Presidential Election?Throughout the week, several crypto industry experts expressed optimism for altcoin’s price ahead of the US presidential election. Ki Young Ju, CEO of CryptoQuant, suggested that a Trump victory could spur regulatory changes that would trigger an altcoin season.
“If Trump wins, expect regulatory changes, including fee switches enabling token burns for revenue-generating projects,” Ki Young Ju said.
Technical analysts Michaël van de Poppe and CRG also predicted that the altcoin season could begin next month. Echoing these views, Crypto Rover forecasted an impending altcoin season by monitoring Bitcoin Dominance’s movements. Bitcoin Dominance (BTC.D) represents Bitcoin’s share of total market capitalization. Its adjustments often signal an altcoin rally.
Read more: Bitcoin Dominance Chart: What Is It and Why Is It Important?
Bitcoin Dominance fluctuations. Source: Crypto Rover.Tesla Moves Bitcoin Worth Up to $760 MillionThis week, Elon Musk’s Tesla unexpectedly moved nearly all of the Bitcoin it had held for the past three years to new wallet addresses. Initially, investors feared Tesla might be preparing to sell the BTC through OTC, but those concerns quickly dissipated as Bitcoin’s price remained unaffected.
“No proof it’s an OTC deal yet. Even if it was, that means someone else bought it so it’s not entirely bearish. Who knows,” Sir Doge of the Coin said.
Read more: Who Owns the Most Bitcoin in 2024?
Many now believe the move was a simple reallocation. In 2021, Musk had stated that Bitcoin payments made to Tesla would be held as Bitcoin, not converted into fiat.
Cryptocurrencies have had a difficult performance this week as many investors started to take profits. Bitcoin price retreated to a low of $62,000, down from last week’s high of $73,500. Other coins like Ethereum, Render, Solana, and Near Protocol also dipped.
This decline also happened as many Grayscale Bitcoin Trust (GBTC) holders liquidated their positions because of the significant fee. GBTC has an expense ratio of 1.50%, higher than the iShares Bitcoin Trust’s (IBTC) 0.25%. This article looks at some of the top cryptocurrencies to watch like Bitcoin Dogs (ODOG), Ribbon Finance (RBN), and Sui.
Ribbon Finance price forecast Ribbon Finance is a Decentralized Finance (DeFi) platform that enables users to earn sustainable yield through decentralized options and lending. The platform has over $34 million in total value locked (TVL). Its Ribbon Earn and Ribbon Lend also have millions in assets.
RBN price has done well in the past few weeks as it jumped from last year’s low of $0.1462 to a high of $1.91 this month. This was a 1,231% increase from bottom to the top. Its market cap has jumped to more than $746 million.
Ribbon has constantly remained above the 50-day and 100-day Exponential Moving Averages (EMA), which is a bullish sign. Most recently, it has formed a bullish engulfing candlestick pattern and then rose for three straight days.
My view is that the coin is attempting to form a double-top pattern, meaning that it may continue rising as investors continue buying the dip. If this happens, the next point to watch will be at $1.70, which is about 23.47% above the current level. This view will become invalid if the price crashes below this week’s low of $1.2050.
Bitcoin Dogs price prediction Bitcoin Dogs is one of the best-performing new cryptocurrencies this year. The developers recently ended its token sale, which raised over $13 million in just a month. This made it the best-performing token sale in the industry.
Bitcoin Dogs is yet to go public in centralized and decentralized exchanges (DEX) but the developers have pledged that this will happen soon.
There are a few reasons to be optimistic about this. First, the token launch will happen in a time when the crypto industry is in a bull market. The total market cap of all cryptocurrencies has jumped to more than $2.6 trillion.
Second, it is one of the most hyped cryptocurrencies in the market. It already has thousands of holders, which is a good thing. Also, the developers are working to create real utility for the token. This will include features like a 1,000 NFT collection and a gaming platform.
Most importantly, most of the newly launched meme coins have done well. This includes tokens like Book of Meme, Solama, and Pepe. You can learn more about Bitcoin Dogs here.
Sui price prediction Sui has evolved to become one of the best-performing cryptocurrencies. Its blockchain project has attracted hundreds of developers and thousands of users. As a result, the total value locked (TVL) in the ecosystem has jumped to a record high of over $700 million.
Sui price has been in a strong bullish trend this year. It has risen in the past three straight days and is now hovering near its highest point since February 15th. The token has constantly remained above the 50-day and 100-day Exponential Moving Averages.
Therefore, Sui token will need to clear the important resistance point at $1.9697, its highest point in February to invalidate the double-top pattern. If this happens, it will open the possibility of it soaring to $2.50.
PANews reported on December 26th that, according to a CryptoPresales report, AI-themed crypto tokens have experienced a significant correction since their 2024 highs, with a 75% drop throughout 2025, resulting in a market capitalization loss of approximately $53 billion, including nearly $10 billion in losses in December alone. Cooling market sentiment, insufficient liquidity, frequent new project launches, and negative macroeconomic factors all contributed to this deep correction. Eight major AI tokens saw annual declines exceeding 70%, with Artificial Superintelligence Alliance falling 84%, and Render and The Graph each dropping 82%.
Since the start of the year, Virtual (VIRTUAL)—a protocol that allows users to create and own AI agents—has surged by 70%. Although the AI agent narrative has cooled, VIRTUAL’s price rally has brought renewed attention to the project.
What forces are driving this rise, and how do analysts view VIRTUAL’s outlook for 2026?
Why Do Many Analysts Hold a Positive View on Virtual in 2026?Recently, the project introduced three new agent launch mechanisms: Pegasus, Unicorn, and Titan.
This move represents a notable and bold overhaul. Virtual abandoned a single, unified token launch mechanism and replaced it with differentiated models tailored to specific use cases.
These mechanisms aim to optimize the development and deployment of AI agents on blockchain networks. Each model fits a different stage of project growth, from experimentation to scaling.
Pegasus (Early distribution and testing): Designed for builders who want to launch quickly and validate market demand. Unicorn (Trust, capital, and accountability): Built for builders seeking funding while maintaining transparency. Titan (Large-scale launches for reputable teams): Intended for projects with existing products, backing, or real-world deployment. This launch framework gives investors additional reasons to maintain confidence in VIRTUAL. The token had previously declined by more than 75% at its lowest point.
Another factor supporting the recovery is a strategic investment by Virtuals Ventures into PredictBase.
We’re excited to back @PredictBase as they pioneer the next frontier of decentralized prediction markets. By bridging the gap between autonomous AI agents and onchain prediction, PredictBase is building a more intelligent and efficient trading environment. We look forward to… https://t.co/CGMKmYDNQU
— Virtuals Ventures (@virtuals_vc) January 5, 2026 This partnership creates significant opportunities for AI agents on VIRTUAL to interact with PredictBase. Use cases include participating in predictions, executing automated trading strategies, and optimizing liquidity.
This move is particularly significant, given that experts predict the prediction market will boom in 2026.
Additionally, VIRTUAL’s long-term catalyst may stem from the x402 trend. x402 is an emerging micropayment protocol that gained traction late last year.
According to an analysis from Layergg on X, x402 aligns closely with the era of the AI agent. The protocol enables autonomous agents to make small payments for services such as shopping, market forecasting, and even robotics.
Within this trend, VIRTUAL plays an important role. The project functions as both an AI agent launchpad and a platform that supports x402-based payments.
“Launchpads moved like levered beta. AI agents are waking up again. x402 still early, but clearly being bid,” analyst 0xJeff said.
VIRTUAL’s rebound does not stand alone. It is part of a broader recovery across AI-related tokens. For example, Render (RENDER) gained 80% over the past seven days, while Artificial Superintelligence Alliance (FET) rose more than 45% over the same period.
Retail investors appear to be prioritizing the AI sector in early 2026.
On-Chain Data Still Shows No Clear ImprovementDespite these expectations, the outlook remains speculative. VIRTUAL’s price recovery has not been accompanied by a resurgence in new token creation on the platform.
Data from sources such as Dune Analytics shows that only a handful of tokens launch each day in early 2026. Only 1 or 2 tokens are launched daily.
The Number of Tokens Launched on the Virtual Daily. Source: DuneMoreover, tokens launched on the platform have failed to generate the same traction and visibility as certain meme tokens on Pump.fun.
In addition, the amount of VIRTUAL staked has declined from more than 40 million since mid-last year to 25.8 million currently.
Total Staking Amount on Virtual Protocol. Source: DuneStaking VIRTUAL allows holders to earn rewards by staying continuously engaged with ecosystem activity. However, staking levels have yet to show any signs of recovery.
Without a clear recovery in real demand, VIRTUAL’s price rally may struggle to remain sustainable over the long term. In that case, optimistic forecasts would amount to little more than hype.
A wallet tied to US government seized FTX Chainlink holdings moved 98,590 Chainlink (LINK) tokens, worth about $768,000, to Coinbase Prime on Wednesday, reviving speculation over a potential sale.
Blockchain trackers flagged the deposit within minutes. However, on-chain data alone does not confirm that the tokens are headed for the open market.
US government wallet transferring seized FTX Chainlink (LINK) to Coinbase Prime, Source: ArkhamWhy the Seized FTX Chainlink Transfer MattersOn-chain tracker Lookonchain first reported the movement, and tracking account Solid Intel flagged the same deposit.
Arkham labels the sending address under its US government entity and has documented earlier movements from the same cluster.
The US Government just moved $800K of Alameda’s funds.
Many Alameda/FTX assets that were seized by the DOJ will be returned to FTX estate creditors and those who lost assets in FTX’s collapse.
Another $800K has been reclaimed for crypto users. pic.twitter.com/jW7PAcF1p4
— Arkham (@arkham) May 29, 2026 Follow us on X to get the latest news as it happens
The funds originate from assets confiscated after FTX and Alameda Research collapsed in November 2022.
A federal judge later ordered Sam Bankman-Fried to forfeit $11 billion after his fraud conviction, with recovered funds directed toward victim compensation.
The US Marshals Service selected Coinbase Prime in July 2024 to custody and trade its large-cap digital assets.
“After a comprehensive process, the U.S. Marshals Service (USMS), a division of the U.S. Department of Justice, selected Coinbase Prime as its partner to safeguard and trade its “Class 1” (large cap) digital assets,” read an excerpt in a 2024 Coinbase blog.
Therefore, deposits to the platform often precede custody changes, over-the-counter deals, or liquidations.
The agency has managed seized crypto sales for over a decade, beginning with its auction of 30,000 Silk Road bitcoins in 2014.
Historically, it has favored structured sales over open-market dumps.
The transaction also extends a pattern of earlier seized altcoin transfers involving Uniswap (UNI), Render (RNDR), Ethereum (ETH), and The Sandbox (SAND), plus stablecoins.
Meanwhile, the FTX estate keeps repaying customers, with its fourth creditor distribution round delivering $2.2 billion in March.
Analysts See Limited Risk of a LINK Sell-OffChainlink’s current price sits near $7.66, down 2% over the past 24 hours. The token holds a $5.57 billion market cap and ranks 21st among cryptocurrencies.
Chainlink (LINK) Price Performance. Source: BeInCryptoThe transferred amount equals less than 0.4% of LINK’s $225 million daily trading volume. It also represents roughly 0.01% of the 727 million tokens in circulation.
Consequently, even an outright sale would barely move market liquidity.
Sentiment around the token remains cautious after a 27% slide over the past 30 days. LINK has also shed 49% over the past year, leaving holders alert to new supply signals.
In contrast, Chainlink’s ETF inflow outlook suggests institutional demand could absorb modest government supply over time.
Whether the tokens move to an over-the-counter desk or stay in custody should become clearer in the coming days.
The wallet’s next transaction will reveal whether the deposit marks routine management or the start of a liquidation.
Until then, the sell-off fears look larger than the numbers behind them.
Nvidia CEO Jensen Huang’s recent visit to China has sparked a sharp rally in AI-focused cryptocurrencies, as investor fears over U.S.-China tech tensions ease. The sector’s total market cap surged to $32.88 billion, led by a 35.56% gain in Virtual Protocol (VIRTUAL), with many AI coins like AIXBT, Akash Network (AKT), and Render (RNDR) also posting double-digit gains.
While large-cap AI tokens moved first, early-stage projects are now attracting growing investor interest. One of the best cryptos to buy right now is DeepSnitch AI, currently trading at $0.02032 in Stage 2 of its presale. The project has already raised more than $470,000 and ranks as Grok AI’s top-trending token of the week that can give 100x gains heading into 2025.
Nvidia CEO’s China visit sparks AI crypto sector rally Table of Contents
Nvidia CEO’s China visit sparks AI crypto sector rallyGrok AI’s top trending coins this week1. DeepSnitch AI: Grok’s pick for explosive growth2. Virtual Protocol (VIRTUAL)3. AIXBTConclusionFrequently asked questionsWhat is the best crypto to buy now according to Grok?Why did AI crypto coins pump this week?Will the US-China trade deal affect crypto prices? Jensen Huang’s visit to China sent shockwaves through the AI crypto sector this week. The Nvidia CEO’s diplomatic mission addressed mounting concerns about U.S.-China tech decoupling, particularly around semiconductor and AI infrastructure access. Markets interpreted the visit as a signal that AI development could continue despite geopolitical tensions.
The immediate impact was unmistakable. Virtual Protocol (VIRTUAL) surged 35.56% to $1.44 on October 25, becoming the top gainer among the 200 largest cryptocurrencies by market cap. But VIRTUAL wasn’t alone. The sector-wide rally pushed the total AI crypto market cap to $32.88 billion, marking one of the strongest weeks for AI tokens in recent months.
Based on a Fundstrat report published last week, analysts cited Virtuals Protocol (VIRTUAL) as uniquely positioned to capitalize on the AI agent economy, which led to a surge in investor interest and a price pump.
While established AI tokens pumped on sentiment alone, early-stage projects like DeepSnitch AI offer the same AI infrastructure exposure at a fraction of the cost. This sets up perfectly for the next section on emerging opportunities.
Grok AI’s top trending coins this week 1. DeepSnitch AI: Grok’s pick for explosive growth DeepSnitch AI is capturing Grok AI’s attention this week as smart money rotates from pumped majors into earlier-stage opportunities. While retail traders chase VIRTUAL’s 35% move or AIXBT’s rally, seasoned investors recognize something crucial: those gains are already behind us. The real alpha sits in presale projects that haven’t launched yet.
DeepSnitch AI solves a genuine problem that every crypto trader faces: information asymmetry. Whales move markets with insider intelligence about liquidity shifts, smart contract launches, and emerging opportunities. Retail traders get left holding the bag, reacting to price action after the fact.
The platform’s 5 AI agents track whale wallet movements in real-time, detect new token launches before they pump, analyze sentiment shifts across social channels, and deliver instant alerts about rug pulls and FUD storms. All of this intelligence flows directly to your Telegram and X feeds. So, there are no complex dashboards, and no technical analysis is required.
The project has already raised over $470,000 in Stage 2, validating market demand for AI-powered trading intelligence. At $0.02032, you’re entering at a valuation that’s a fraction of VIRTUAL, AIXBT, or any established AI token.
VIRTUAL pumped 35%, and it’s already at $1.44 with a substantial market cap. DeepSnitch needs to hit just $2 for a 100x return from current presale pricing. If AI tokens continue rallying, and with Thursday’s Trump-Xi meeting potentially confirming a trade truce, DeepSnitch could go parabolic.
2. Virtual Protocol (VIRTUAL) VIRTUAL posted a 35.56% gain to $1.44 on October 25, claiming the top spot among the 200 largest cryptocurrencies by market cap. The rally came directly on the heels of Nvidia CEO Jensen Huang’s China visit, which signaled continued AI infrastructure development despite U.S.-China geopolitical tensions.
The token’s weekly performance reflects broader AI sector momentum, with the pump attributed to renewed confidence in AI infrastructure projects. VIRTUAL creates a protocol for AI agents on-chain, allowing developers to build and monetize autonomous AI applications, a narrative that resonated strongly with the Nvidia news cycle.
Changelly’s analysts see upside to around $5.03 by 2030, pointing to the project’s edge in metaverse-focused AI compared to more general competitors. Still, they warn that the RSI looks overheated, so a 10-15% short-term correction wouldn’t be a surprise before the next leg up.
3. AIXBT AIXBT delivered strong double-digit weekly gains as the AI crypto sector rallied following the Nvidia CEO’s China visit. The token benefits from its positioning in AI-powered trading analytics, capturing institutional interest in blockchain-based intelligence tools.
Technical analysis shows AIXBT following VIRTUAL’s momentum, with buying pressure increasing as traders rotate into AI infrastructure plays. The correlation between AIXBT’s performance and broader AI sector sentiment remains high, suggesting the token will continue tracking sector-wide movements. Analysts project AIXBT could see further upside if AI crypto maintains momentum through Q4.
Conclusion DeepSnitch AI is rapidly emerging as one of Grok AI’s top trending coins this week, as demand for AI crypto remains elevated following the VIRTUAL-led sector rally. With over $470,000 raised in its stage two presale, the project continues to draw investors betting on the expected growth of the cryptocurrency market.
With AI tokens like AIXBT posting gains, optimism in the AI crypto sector is building fast. Grok AI has identified DeepSnitch as the best crypto to buy now, going into November, pointing to its accelerating presale performance, increasing buyer demand, and high potential for a 100x return after launch.
With interest picking up and new buyers entering daily, now is the time to secure DSNT directly from the official presale site before the next stage price increase.
Frequently asked questions What is the best crypto to buy now according to Grok? The best crypto to buy now might be DeepSnitch AI, a new token that Grok predicts could grow by 100x in 2025 based on its AI utility and early-stage presale pricing.
Why did AI crypto coins pump this week? VIRTUAL led the AI crypto sector with a 35% gain, triggering rallies across AIXBT, AKT, and RENDER. The pump followed Nvidia-related AI optimism and Bitcoin stability above $115,000.
Will the US-China trade deal affect crypto prices? Yes, positive news from the US-China trade meeting is expected to reduce market uncertainty and increase appetite for risk assets like crypto. If a deal is confirmed, it could spark a short-term rally across Bitcoin and altcoins.
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With the new year just one day away, crypto analyst Alex Wacy (@wacy_time1) shared an overview of what he calls the best altcoins heading into 2025. The analyst, who has amassed an audience of over 190,000 followers on X, highlighted several projects that he believes have the potential to dominate in the potential coming altseason.
Best Altcoins In 2025 He begins with Render (RNDR), describing it as a decentralized GPU rendering platform for AI, metaverse, and creative content. He maintained that “Render is poised to become a key player in the virtual future,” pointing to its $3.66 billion market capitalization as evidence of investor confidence.
Following closely is Virtual, an AI-driven avatar initiative that is pegged at $3.41 billion in market cap, with Wacy touting Virtual as “the growth leader in 2024 in the virtual avatar sector” and predicting increasing adoption for metaverse, gaming, and social media applications.
Wacy also turns his attention to SEKOIA, mentioning its focus on identifying and mentoring emerging AI talent. Although smaller in scale at a $94 million market cap, this autonomous AI investment agent uses advanced pattern recognition and quantifiable predictions to gain a foothold in a competitive space.
Next in line for the best altcoins in 2025 is Pengu, which he calls “the official coin of Paddy Penguin, a major force in crypto.” Its substantial community and cultural traction reflect a hefty $2.28 billion market valuation, and its omnipresence in ETF ads combined with over 90 billion visits appear to confirm its cult-like following.
The list of best altcoins continues with Clearpool (CPOOL), a Decentralized Capital Markets Ecosystem valued at $341 million that provides insured loans to institutional borrowers in the DeFi arena through a dynamic interest model. The analyst noted that Clearpool’s approach to decentralized lending could offer a unique avenue for strategic investors.
He also spotlights Bittensor (Tao), a project intent on decentralizing AI solutions through an open ecosystem, weighed at $3.48 billion, and Hyperliquid (HYPE), a decentralized perpetuals exchange living on its own L1 with a $9.23 market cap. He describes Hype’s vision as “a high-speed, low-cost, transparent solution for perpetual futures,” though he advises caution, remarking that prospective investors should “research to understand its risks and potential.”
Io.net, which sits at $397 million, is categorized as a decentralized GPU network that reduces costs for AI developers, while CFG (Centric) aims to bridge DeFi with real-world assets. This $162 million project focuses on stable returns generated from real fiat value rather than solely leveraging volatile crypto.
Akash Network (AKT), valued at $746 million, is labeled by Wacy a “supercloud” that transforms cloud computing through a decentralized marketplace, and Ethena (ENA), at $2.69 billion, provides a synthetic dollar protocol on Ethereum, touted as “a crypto-native, bank-free solution for money.”
Wacy’s list also featured Helium (HNT) with a $1.13 billion market cap, identified for its decentralized IoT network, and Griffain in the Solana ecosystem, with a $211 million market cap, delivering scalable DeFi solutions for token swaps while upholding transparency.
The analyst also highlights Grasso (GRASS) in his list of the best altcoins for 2025 and its $683 million market cap, describing its decentralized data collection network for AI training as both functional and user-friendly. VitaDAO (VITA) is in Wacy’s focus because of its community-governed DAO funding longevity research. Its compact $54 million market cap appears poised for growth as members actively engage in decision-making and ownership, signifying a communal approach to biotech research in crypto.
Spectral, carrying a $194 million market cap, offers on-chain agents for easier application creation and includes a syntax tool that transforms natural language into Solidity. ETIGEN, or Energy Layer, at $170 million, extends novel concepts of restorative energy on Ethereum, and ONDO, with an impressive $2.83 billion market cap, aims to open up institutional-grade DeFi services and real-world asset (RWA) tokenization.
Wacy further singles out AIXTB, at $377M, which monitors crypto-related discussions via a proprietary engine to uncover high-sentiment opportunities, and Ether.fi (ETHFI), priced at $446M, which supports non-custodial ETH staking and DeFi integration. Throughout his breakdown, he underscored the cyclical nature of the crypto market, stating that these best altcoins “could see significant growth in 2025” once capital flow rotates away from Bitcoin and into high-potential altcoin narratives.
His overall thesis hinges on what he perceives as a predictable pattern in every major market cycle. “Altcoins typically pumping when BTC Dominance starts a strong downtrend,” the analyst wrote. He cited the example from 2021, when Bitcoin’s dominance fell from around 73% to 40%, triggering a monumental rally for altcoins like SOL, ADA, and DOGE.
Pointing out that current BTC dominance is about 55%, which he calls a “significant resistance zone,” he predicts a swift drop to 40% if a breakdown occurs. “As I mentioned before, my bet for the altseason is in the spring of 2025,” he said, while admitting that he also shares the common sentiment of disbelief that surrounds every cycle. “That’s okay, it means the market is doing a good job of ‘smoking people out.’ Patience friends, patience always pays off,” he concluded.
At press time, the Bitcoin dominance (BTC.D) stood at 58.02%.
Bitcoin dominance, 1-week chart | Source: BTC.D on TradingView.com Featured image created with DALL.E, chart from TradingView.com
Artificial Intelligence (AI) crypto tokens Render (RNDR), Bittensor Tao (TAO), The Graph (GRT), AIOZ Network (AIOZ), Golem (GLM), OriginTrail (TRAC) and RSS3 (RSS3) prices rally on Monday.
Apple is likely working on an on-device Large Language Model (LLM), according to Bloomberg Correspondent Mark Gurman. The report, alongside other AI-related developments in the past week, has fueled the AI token rally.
Crypto AI tokens gain riding on updates in Artificial Intelligence from giants AI firms made several announcements in the past week. Meta, OpenAI, Sora, Microsoft, Google DeepMind, Boston Dynamics and Tencent among others, announced AI-related updates. Gurman said that Apple is likely working on its on-device LLM. LLMs are AI programs that recognize and generate text and train on huge sets of data. ChatGPT is among the most popular ones.
Power On: Apple needs a low-end iPhone and a push into emerging markets to get back on track. Also: Apple’s next big thing is an on-device LLM; iPad availability dwindles; Vision Pro loses steam; and iOS 17.5 includes a change that may upend the App Store. https://t.co/A5gdasXhIA
— Mark Gurman (@markgurman) April 21, 2024 In the past week, Meta introduced two out of three versions of Llama 3, while OpenAI and TED shared a new Sora-generated AI video. Additionally, Microsoft announced a new model to turn a single photo or piece of audio into a deep fake and researchers at Google DeepMind shared a demo of autonomous ALOHA 2 robots.
The updates from AI giants have likely catalyzed token gains. Prices of RNDR, TAO, GRT, AIOZ, GLM, TRAC and RSS3 rally on Monday. The AI tokens postd between 2% and 13% gains on the day.
Crypto AI tokens
AI token resurgence Digital Bank Sygnum’s quarterly research report states that crypto use cases are evolving.
The report states that Web3 sector performance is driven by a strong narrative around AI-related protocols and decentralized physical infrastructure networks (DePIN), and a growing demand for decentralized computing resources, interoperability solutions, and data sharing services.
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The Artificial Superintelligence Alliance (ASI) kicked off phase 1 of its token merger process. The project recently announced the beginning of the migration process with the delisting of Ocean Protocol (OCEAN) and SingularityNET (AGIX) from crypto exchanges. However, FET is facing some pressure following its rebranding and supply update.
ASI Token Merger Phase 1 Begins On July 1, the ASI alliance and Fetch.AI (FET) announced the multi-token merger to unify OCEAN, AGIX, and FET. As part of phase 1, withdrawals and deposits with OCEAN and AGIX would close in preparation for the migration to FET.
Additionally, the delisting process from crypto exchanges would begin for the two tokens. Meanwhile, FET would continue to trade as usual, with spot and perpetual trading continuing under the same tricker.
The initial phase of the merger aims to “onboard exchanges and data aggregators for a smooth transition.” Fetch.AI saw a rebrand across platforms. The project took the Artificial Superintelligence Alliance name and logo but kept its ticker.
Moreover, the ASI alliance opened a migration platform on the SingularityDAO dApp to help users migrate their tokens. Some crypto exchanges, including Kraken and Coinbase, revealed they would not support customers on the ASI token merger.
Kraken announced that the trading of OCEAN and FET will continue to be supported on the platform until further notice. The exchange also noted that users must withdraw their tokens to a self-custodial wallet to migrate them.
Similarly, Coinbase informed its users that it chose to “not execute the migration of these assets on behalf of users.” Both exchanges also clarified they would not support the eventual migration from FET to ASI.
FET Retraces Following Rebrand After updating the token’s name, supply, and market capitalization, FET flipped Render (RNDR) in the AI tokens sector. According to CoinMarketCap data, the token is now the 27th largest cryptocurrency by market cap, with $3.38 billion.
Following the rebrand, FET’s price dropped similarly to when the token merger delay news was released. At the time, the merging tokens saw an 8-10% price decline following the rescheduling of the merger. The delay was attributed to logistical and technical issues.
FET fell from the $1.4 support zone on Monday to $1.27, a 9.7% drop in 12 hours. However, the AI token has recovered the $1.3 mark, currently trading at $1.33, representing a 3.6% decline in the last 24 hours.
Some market watchers found this performance disappointing. Some investors believe it might be best not to get involved until the merger is completed. Sjuul Follings, crypto trader and founder of Alt Crypto Games expressed his disappointment with the token’s recent fakeout.
Per the trader, he was optimistic about the late June price action, believing the token was about to break out and expand ahead of the ASI alliance. Nonetheless, FET could not reclaim the $1.8 support zone and retraced to the $1.4 support level over the weekend.
Despite the bearish trend, investors remain optimistic about the token’s future as the merger’s phase 1 is only starting. Some investors forecast a short-term price target of $5 for ASI and a long-term goal of $13.
FET is trading at $1.33 in the weekly chart. Source: FETUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com
With big news impending for Bitgert, the crypto market is looking closely at the movements of both Render Coin and Reef Coin. Investors speculate about which one, between Render Coin’s utility in GPU computing and Reef Coin’s DeFi focus, will offer stability in the event of Bitgert‘s relentless ecosystem expansion.
How Competitive is Render Coin Against Reef Coin and Bitgert? Render Coin serves to empower the Render Network, a completely decentralized network for 3D rendering and GPU computing. Render Coin bridges the divide between artists and developers in need of ample, affordable computational power and those capable of supplying it. This positions Render Coin as an indispensable player within the growing digital economy. Render Coin’s tokenomics configuration for the network is fundamentally grounded on providing liquidity that facilitates real-time rendering tasks and promotes efficient utilization of computing resources. Render Coin also facilitates great community governance, where token holders make decisions about future upgrades and improvements on the network.
Where Does Reef Coin Stand Against Render Coin and Bitgert? Reef Coin is the token representative for the Reef Chain, a scalable blockchain that is EVM-compatible, and optimized for DeFi, NFTs, and gaming. Reef Coin is built on top of Substrate, providing developers with almost instant, low-cost transactions. This is ideal for decentralized applications. With Reef Coin’s bridging across multiple blockchains and compatibility with Solidity, Reef Coin pursues seamless dApp experiences targeted at developers and users alike. As this ecosystem grows rapidly, Reef Coin forms the base for its decentralized governance, staking, and transaction fees.
About Bitgert: The Render Coin and Reef Coin Crusader Unlike Reef Coin and Render Coin, the unique mix of near-zero gas fees combined with an astonishing 100,000 TPS transaction speed has positioned Bitgert as one of the most advanced blockchains. Products for shaping the environment include PayBrise, Bitgert Swap, the Bitgert.exchange, and so on—all part of an all-encompassing user-friendly environment. The tokenomics of Bitgert have been designed to be long-term sustainable, modeled on a deflationary system that will reward holders for contributing to the ecosystem. As Bitgert approaches the moment of its major announcement, it seems like the project is in preparation to make an impact on investor appeal for the wider market.
Pricing Performance: Render Coin vs. Reef Coin vs. Bitgert Over the past 24 hours, Render Coin has fluctuated between $6.34 and $6.77, while the weekly range was from $5.85 to $6.80. Reef Coin briefly moved between $0.005051 and $0.005381 during the last 24 hours, with the 7-day range between $0.004087 and $0.006495. Meanwhile, Unlike Render Coin or Reef Coin, Bitgert has continued to steer steadily, with a 24-hour range from $0.00000007951 and $0.00000008518, with a 7-day range from $0.00000007863 and $0.00000008505. Small oscillations of Bitgert prices assure its stability and attract investors interested in such predictability in the market.
Will Bitgert’s Big Revelation Doom Render Coin and Reed Coin? While Reef Coin and Render Coin wait for the big announcement of Bitgert, variation in the price of any of the coins may attract market sentiment. Bitgert has projected an excellent show due to its negligible gas charges on the transactions, along with hyper-scaling measures. This places Bitgert in an excellent position against Reef coin and Render coin, making it a solid choice among investors amidst the market’s turbulence.
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Artificial Intelligence (AI) tokens are making a speedy return into the spotlight, including Bittensor (TAO), Render (RNDR), and AIOZ Network (AIOZ), as highlighted by their price action in the past 24 hours. TAO leads with a more than 2% daily increase to trade at $254 at the time of writing on Friday, in addition to a 10% growth in the last 24 hours. RNDR and AIOZ are among the AI tokens in the green, hovering at $4.05 and $0.27, respectively.
AI tokens spice up the mundane altcoin seasonThe bull cycle in the cryptomarket has left many investors and crypto enthusiasts wondering whether there will be an altcoin season. Bitcoin surged tremendously in the fourth quarter of 2024, fuelled by the United States (US) Presidential election. This bullish momentum continued in the early days of this year, buoyed by the anticipation of a strategic Bitcoin Reserve and digital asset stockpile promised by US President Donald Trump.
The largest cryptocurrency by market capitalization topped out at $109,588 on January 20, marking the local top and the beginning of what would turn out to be a slow bull cycle, at least for most of the altcoins.
Investors have been forced to endure extended drawdowns in altcoin prices caused by low liquidity levels and a change in market leadership from retail to institutional investors, thanks to the approval of spot Bitcoin Exchange Traded Funds (ETFs).
The market is generally cautious, with tempered expectations as opposed to euphoric rallies seen in other bull cycles. As FXStreet reported on Thursday, there has been a noticeable shift from major altcoins to Bitcoin and meme coins. However, with market dynamics and depth changing rapidly, a more complex market structure will likely develop in the medium to long term.
Bittensor is on the verge of a 50% breakout Bittensor, a decentralized and open-source protocol that leverages blockchain for a machine learning network while allowing AI models to train collaboratively, is edging closer to a falling wedge pattern breakout. The daily chart below shows that TAO is testing resistance at the upper trendline, coinciding with the 50-day Exponential Moving Average (EMA) at $264
If the breakout is validated and accompanied by a spike in trading volume, Bittensor may ascend 50% to approximately $393. This target is arrived at by measuring the distance between the pattern’s widest points, extrapolated above the breakout point.
TAO/USDT daily chart
The Relative Strength Index (RSI) indicator’s position at 54.46 affirms the bullish outlook. As it rises in the upper neutral region toward the overbought region, more traders would be encouraged to buy TAO, thus increasing demand and bullish momentum.
Render reclaims the 50-day EMA supportRender bounced off the descending channel’s lower boundary in March, setting a precedent for the bulls, who later reclaimed support at the pattern’s mid-level. Although volatility caused by President Trump’s tariffs created some instability, this support remained intact, ensuring bulls have the upper hand.
Now that RNDR has broken out of the descending channel and is sitting on top of support provided by the 50-day EMA at $3.75, the next leg up may push the price past the 200-day EMA at $5.17.
RNDR/USDT daily chart
The rising RSI indicator at 59 toward the overbought territory indicates increasing bullish momentum and a stronger outlook in the coming sessions. However, it also approaches a point where the asset may be overvalued (above 70), risking a pullback.
AIOZ Network consolidates ahead of breakout AIOZ dodderers at $0.27 at the time of writing, reflecting a 1.27% decline in the day. Profit-taking activities have put the bullish momentum to the test in the last 24 hours. The 50-day EMA at $0.30 and the long-term support turned resistance at $0.35 highlight potential pain points, which could explain why traders book early profits.
AIOZ/USDT daily chart
Despite the hurdles, the RSI signals a stronger bullish outlook at 54. Traders may want to watch out for the indicator’s direction to affirm the uptrend eyeing $0.35 or a sell-off testing AIOZ $0.18 support, tested in February 2024.
At a global level, Federal Reserve Chairman Jerome Powell has warned of a larger-than-expected impact of President Trump's tariffs. Powell foresees higher inflation in the United States, which would warrant higher interest rates and ultimately slow economic growth. In light of this outlook, digital assets may suffer from declining liquidity, likely extending the drawdowns.
Cryptocurrency prices FAQs Token launches influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants to an asset’s network. This is typically bullish for a digital asset.
A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods. The exploiter then transfers these tokens out of the exchange platforms to ultimately sell or swap the assets for other cryptocurrencies or stablecoins. Such events often involve an en masse panic triggering a sell-off in the affected assets.
Macroeconomic events like the US Federal Reserve’s decision on interest rates influence crypto assets mainly through the direct impact they have on the US Dollar. An increase in interest rate typically negatively influences Bitcoin and altcoin prices, and vice versa. If the US Dollar index declines, risk assets and associated leverage for trading gets cheaper, in turn driving crypto prices higher.
Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. At consistent demand if the supply reduces, the asset’s price climbs.
