RENDER’s price increased by 29% over the past week, highlighting its impressive performance within AI and Big Data sectors. At press time, it was trading at 8.73 USD, contributing to its status as a limited performer in the market.

The MVRV ratio for RENDER stands at 1.48, indicating it might be in the initial stages of a bull market. Whales, holding 76% of RENDER’s total supply, could majorly influence its volatility. Recent increases in transaction volumes further emphasize its growing traction.

RENDER’s Open Interest has surged to 161 million USD, its highest in almost a month, showcasing a strong interest from traders. The Chaikin Money FLOW also turned positive, indicating heightened buying activity recently. This aligns with RENDER’s bullish momentum in various market sectors.