Experts select 5 alts worth following, announcing the arrival of the altcoin boom in three years. As the Cryptocurrency market emerges from a seven-month consolidation phase, following the parabolic rise trend of BTC and various AltCoins in the first quarter of 2024, Cryptocurrency analyst OxNobler boldly declares that today marks the beginning of the next significant AltCoin season. In a recent post on the social media platform X (formerly known as Twitter), OxNobler shared insights into AltCoin indicators, which have shown a parabolic shape for the first time in three years. The analyst emphasized the cyclical nature of the market phases, driven by capital inflows shifting from BTC to Tokens with larger Market Cap, and eventually reaching AltCoins with lower Market Cap. This indicates a continuous rise in Liquidity movement, which may drive significant price pumps in the AltCoin space. OxNobler pointed out key catalysts for the upcoming influx of Liquidity, including several factors: the upcoming U.S. election, with both candidates expressing support for BTC, expected rate cuts by the Fed, the possibility of China lifting the Cryptocurrency ban, and F.T.X's anticipated payment of 16 billion USD from Q4 2024 to Q1 2025. By analyzing historical PA and market cycles, OxNobler believes that traders can achieve significant profits in the coming months. OxNobler focuses on several AltCoins that he believes are likely to achieve rise in the new market phase. Key participants in the upcoming market transformation: Realio Network (RIO): This blockchain-based platform focuses on the issuance, investment, and lifecycle management of digital securities and encryption assets. The current trading price is $0.83, with a market capitalization of only $4 million. OxNobler believes that RIO is likely to pump significantly, especially considering the growing interest in Real World Assets (RWA). Major asset management companies such as BlackRock have already invested in this area, which may drive demand for RIO and other altcoins. Zero Labs (DEAI): This Token supports a Decentralization Artificial Intelligence ecosystem that focuses on data governance. DEAI is currently priced at $0.55 with a market capitalization of $50 million. As Artificial Intelligence continues to gain attention, especially with companies like Nvidia being highly sought after in the past year, DEAI has become an attractive option. Note that in recent times, SUI has surged 28% in the past month and 372% year-to-date, with a current trading price of $1.98 and a market capitalization of over $5 billion, preparing for the expected alts season. Render Network (RENDER): This Decentralization GPU rendering network connects users in need of GPU computing power with users willing to rent out resources. RENDER's market capitalization is 26 billion US dollars, with an issue price of 5 US dollars. Analysts believe that RENDER is expected to benefit from the increasing demand for GPU computing in various technical applications. TokenFi (TOKEN): According to analysts, TokenFi aims to simplify the process of cryptocurrency and asset tokenization and aspires to be a leading platform in this field. Currently, the trading price of TOKEN is $0.047, with a market capitalization of $47 million. (Data Source: Ronaldo Marquez)

encryption AI Token RENDER soared 15.6% after renaming, can it reach $10? Render Network has completed the migration and upgrade of RENDER encryption AI Token. After the highly anticipated brand reshaping, the PA of AI Token surged over 15% on the last day. Investors and market observers are optimistic about the reshaped Token and believe it will soon reach $10. Last year, the Render Network Foundation switched from the initial launch of ETH to Solana (SOL) after the community voted in favor of two major upgrades to the network. According to the announcement, Solana is being converted to achieve 'faster transaction speeds, lower fees, and to achieve more ambitious goals for projects through longer on-chain data and transactions.' The community also voted to rename the Token from RNDR to RENDER, which will be completed by 2024. This month, the foundation notified users that many Cryptocurrency exchanges will automatically exchange RNDR Token for the renamed Token at a 1:1 ratio. On Monday, RNDR began delisting from Cryptocurrencyexchange ahead of the scheduled migration time on July 26. The exchange has suspended most operations of this Token, which has had a negative impact on its performance for the week. In addition, Whales also seem to have had an impact on the Token price. Online reports suggest that some major holders dumped their RNDR after the news came out, causing the price to fall from above the $7 support level to below $6.5. In the next few days, the Token price continued to big dump, falling below the $6 mark, and dropping by 17% in four days. Nevertheless, the much-anticipated migration and listing of the new REN Token seems to have initiated a price recovery. After RENDER was listed on the Cryptocurrency exchange, the new brand encryptionAI Token surged by more than 17%. In addition, it also revealed that exchange Margin and futures options will be open for AI Token. At the same time, the automatic investment option will be added on Monday, July 29th. Investors and market observers are optimistic about this brand reshaping and the listing on exchange. A user X claimed that with the project entering a new era, "The latest price chart of REN Token shows its low point is about $6.5, with the potential to reach unimaginable heights." Cryptocurrency analyst Coinboss believes that if the Token can completely break through the resistance level of $7, it may experience a big rise. Successfully retesting the target could lead to the Token reclaiming the $11 mark and further pushing RNDR to break its all-time high (ATH) of $13.53. Another analyst, also known as Crypto, believes that REN could soon reach $10, and says, "Thank you for the speculation. Goodbye again at over $10." Some users still believe that investors will regret not getting "the biggest buying opportunity." In the past 24 hours, the market activity of encryption AI Token has surged by 140%, with a daily volume of 83.1 million US dollars. The trading price of RENDER is 6.89 US dollars, pumping 15.6% in the past day. (Data Source: Rubmar Garcia)

Will FET soar 12% to reach $5 before the second phase of ASI Token merger? The renamed Fetch.AI (FET) has returned to the price range of $1.4 in the market recovery and is currently testing the resistance level at $1.5. Over the weekend, the AI Token rose nearly 40%, seemingly preparing for a breakthrough. Market observers have made predictions about the short-term and long-term goals of the Token after the merger of the Artificial Intelligence Super Alliance (ASI) Token. This month, the Artificial Superintelligence Alliance has initiated the first phase of the ASI Token merger process. The process starts with renaming Fetch.AI's name and logo to the Alliance's name. In addition, FET has updated its supply and market capitalization, but temporarily retains its stock code. After the renaming, despite FET surpassing other AI Tokens such as Render (RNDR) and becoming the 27th largest Cryptocurrency by Market Cap, its price still dropped by nearly 10%. At that time, the FET token fell below the support level of $1.4 and dropped to the price range of $1.2, and then recovered above the key level of $1.3. The market pullback dragged the price of FET below $1.1, which is a level not seen since the end of February. This performance fell 26% from its opening price of $1.45 in the third quarter. As the market recovers from the pullback in July, FET surged 38.7% over the weekend. The AI Token pumped from the price level of $1.11 and reclaimed the support area of $1.4 on Monday. Some market observers emphasize the steady recovery of FET, indicating that the Token is maintaining a bullish trend and is poised to achieve triple performance. On Thursday, World of Charts pointed out the recent price trend of FET. For analysts, the Token is breaking through the falling wedge pattern, expecting a "large-scale bullish wave" in the coming days, and the price will reach $5. Cryptocurrency analyst Posty shared a similar view with his X fans. In the post, Posty claimed that AI Token "looks much better here" and may break the falling wedge pattern. However, he stated that reclaiming the $1.75 resistance level is key to further pump. Similarly, another analyst believes that the Closing Price breaking through the $1.7 mark will push the price to a new all-time high (ATH). According to the post, breaking through the three-month downtrend line could send FET soaring to $13 after the ASI Token merger. The ASI Alliance announced that on July 22nd, it will hold an X Space meeting with Fetch.ai's CEO and ASI's Chairman Humayun Sheikh to discuss the latest developments. The encryption community has responded positively to this news, expressing excitement for the second phase of ASI Token merge. This phase includes the launch of ASI and the migration of FET Token to a new Token. In the past 24 hours, FET surged 12%, reaching the $1.54 mark. AI Token pumped 25% and 18% on the weekly and monthly timeframes respectively. (Data source: Rubmar Garcia)

Gate has launched IO Token, now priced at $4.04 According to the market data of Gate.io, the concept project IO.net of DePIN project has been launched on Gate at 20:00 today, with the highest reaching $4.25 and the current price at $4.04. io.net is a distributed GPU system based on Solana, Render, Ray, and FIL, aiming to leverage distributed GPU resources to solve computational challenges in the fields of AI and machine learning.

Odaily Planet Daily News The Render Network stated on X platform that The Render Foundation will provide Grants to creators of the next generation 3D projects, and interested projects can fill out a quick introduction form.

According to the report from Jinse Finance, Santiment monitoring data shows that whale activities in the field of artificial intelligence have been consistently high, and Render is no exception. Earlier today, with the price correction, a whale sent 4.89 million RNDR (worth 52.1 million USD) to an unknown wallet. People holding this asset should pay attention to the increased fluctuation.

Every week, cryptocurrency focuses on TON, RNDR, BONK, and CORE - the biggest drivers of the market. Last week, Toncoin, Render, and Akash Network outperformed other cryptocurrencies, with Toncoin leading the way. Despite a decrease in volume, the prices of these tokens have surged significantly. Toncoin's price has steadily climbed throughout the week, starting at around $5.9 and reaching approximately $6.8. Despite a slight decrease in volume, Toncoin's market capitalization still exceeds $24 billion. Render also performed well last week, with a rise of up to 20.80%. Despite some declines last week, the overall upward trend has made up for any losses. The current volume is about 210.5 million US dollars, and the market cap is about 4.2 billion US dollars. Akash Network became the third largest gainer last week, with a rebound of up to 18.33%. Despite experiencing a slump last week, the token still rebounded and closed at around $5.7 last week. Core, Bonk, and Pendle were the biggest losers last week, with Core experiencing a significant drop of 14.62%. The once popular memecoin Bonk faced negative performance, while Pendle suffered a value loss of 13.55%. The price trend of Core has shown a challenging trajectory, with the token starting at around $1.9 last week and steadily declining. By the end of last week, its price had experienced a big dump to around $1.5. BONK has experienced a negative pattern similar to descending stairs, indicating a significant fall. By last weekend, its price had fallen to around $0.000022, making it the second largest fall of last week. Pendle experienced a downturn last week, with a value drop of 13.55% over the past week. Price trend analysis shows that the price started at around $5.0 last week, briefly surged to over $5.3 on May 6th. However, the price started to steadily decline and eventually stabilized around $4.3 over the weekend. Although Toncoin, Render, and Akash Network have emerged as the biggest winners, Core, Bonk, and Pendle are the biggest losers. It is important to remember the volatility of the market, as prices can change rapidly. Therefore, conducting your own research before making any investment decisions is the best approach. (Data source: Gideon Wolf)