3 Cryptocurrencies Surging In Price This Week – Render, Toncoin, Everlodge

The Render Token has posted impressive results so far in 2023, and Telegram will use the TON network as the chosen blockchain for expanding its Web3 infrastructure. Early investors in Everlodge are up by 80%. What’s happening?

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Render Experiences Volatility

The Render token is the native cryptocurrency of the Render Network, a decentralized platform that offers a unique service for individuals and organizations to access distributed GPU power required for computer graphics. Render recently saw price appreciation, but unfortunately, it failed to maintain the momentum and is trading around $1.58 at the time of writing.

RNDR is the utility token for the marketplace where users can rent and purchase GPU resources necessary for rendering 3D videos and graphical tasks. Individuals can rent their unused GPU power, which projects like Render Visual Effects and Motion Graphics may need. Therefore, RNDR functions as a means of exchange within the Render Network based on the Ethereum blockchain.

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As the nature of the crypto market is very volatile, Render’s price action is no exception, and it has yet to be seen whether demand meets supply.

Telegram and Toncoin Integrate

Toncoin is the native cryptocurrency of The Open Network and has recently emerged as one of the top performers by market cap, contributed to by the new partnership between the TON network and Telegram. Toncoin operates with shards and a proof-of-stake consensus mechanism, enabling parallel transaction processing and enhancing transaction speed. Toncoin has a maximum supply of 5 billion TON tokens, with approximately 3.4 billion TON tokens currently in circulation.

Toncoin investors seem to appreciate the partnership and the newly introduced self-custodial wallet named TON Space, targeting the 800 million users of Telegram. Keep in mind that Telegram anticipates a rise in its active user base from 800 million to 1.5 billion over the next 3 to 5 years.

Should the bulls manage to push price action beyond the major resistance at $2.60, the path of least resistance is upwards toward the $3 level. As the native coin within the TON network, Toncoin’s utility covers different areas, such as network operations, conducting transactions, and powering dApps, games, and NFTs built upon the TON ecosystem. Toncoin plans to incorporate several other services, such as TON Storage, TON Proxy, and more. Toncoin has a central role in facilitating payments for these services.

Everlodge Is The Solution For Web3 Real Estate

Everlodge is gaining more and more traction in its ongoing presale and offers prospective investors an opportune possibility for massive gains. Everlodge’s vision is to revolutionize the real estate landscape by leveraging fractionalized NFTs, tapping into a global market.

As always, early birds catch the worm, and so it is here. Everlodge is new and innovative, challenging the status quo. The massive demand of the real estate market compared to the global Web3 network offers immersive investment opportunities.

The Everlodge ecosystem is powered by the native token ELDG, issued on the Ethereum blockchain. ELDG holders benefit from property price appreciation and also receive rental yields. Moreover, the Everlodge token will be essential to purchase property shares. Everlodge investors benefit from discounts and perks such as free vacation nights in properties, and they will also be able to earn passive income by staking ELDG.

Currently in the 3rd stage of the Everlodge presale, ELDG is available for as little as $0.018, and the token has huge room for growth potential.

Find out more about the Everlodge (ELDG) Presale

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