Are AI Coins Making a Comeback? Render Surges 12% with $300 Million Inflows
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The market recovery is gaining traction, with key sectors like AI coins leading the charge in the ongoing bullish resurgence.
According to data from CoinMarketCap, the AI-focused crypto niche surged by 2.99% over the past 24 hours, pushing its total market capitalization to $29.99 billion.
Backing up the price action, trading volume in the sector also jumped 20.85% to $2.7 billion – suggesting that the renewed interest in AI coins is backed by real momentum rather than hype.
Render Leads AI Coin Rebound
Over the past few weeks, AI Coins also saw a depressed valuation as the focus shifted from the sector to inflation and trade wars.
However, with this rebound, projects like Render (RNDR) have skyrocketed by 12.85% in 24 hours to $4.05.
The Render price has now pared off the losses registered in the past 7 days. RNDR is up 30.35% during this period.
With the current outlook, the AI project is swiftly reducing the deficit registered in the year-to-date period.
The RNDR/USDT Chart on TradingView showcases a promising outlook for the pair.
Source: TradingView
Render ($RNDR) has continued its upward trajectory, with the Moving Average Convergence Divergence (MACD) flipping bullish on March 22 – signaling a potential momentum shift in favor of buyers.
The token recently broke out of a descending triangle at the $3.30 level, and if current momentum holds, it could be on track to retest its recent high of $4.50 before facing any cooling off.
Other AI coins are also showing strength, with Near Protocol climbing 1.36% to trade at $3.014 – further supporting the sector’s renewed bullish outlook.
Internet Computer (ICP), Bittensor (TAO), and Artificial SuperIntelligence (FET) are also up 2.04%, 1.97%, and 4.09%, respectively.
Should these assets follow the Render growth pattern, each might record a massive comeback, setting local highs before correcting.
Meme Coin Index: a Deviation from AI Coins
While the AI coin sector continues to grow, the meme coin market remains even larger – boasting a $120 billion valuation and a highly engaged investor base.
Meme Index is the first-ever platform to offer diversified exposure to this rapidly evolving sector through a single asset: the $MEMEX token.
Source: Meme Index
Built on Ethereum, Meme Index provides access to four curated meme coin baskets – Titan, Moonshot, MidCap, and Frenzy – each designed for different levels of risk and reward.
From well-known names like Dogecoin and Shiba Inu to newer, high-upside tokens, these indexes are dynamically updated to reflect the latest market trends.
The $MEMEX presale has already attracted more than $4.2 million in investment. With staking rewards as high as 546% and a current presale price of $0.166883, early buyers can position themselves for potential gains once the token lists on exchanges.
More than just a meme coin, Meme Index represents a bold step forward in structured, community-driven meme investing.
To buy MEMEX, investors can visit the Meme Index website, connect their wallets (such as Best Wallet), and make a purchase using ETH, USDT, BNB, or a bank card before the presale ends.
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