2024-12-23 15:56:43

After big dump 40%, can Whale push RNDR up to $8.13?

RNDR:

RNDR [RNDR] has always been one of the biggest gainers in the Solana ecosystem. At the time of writing, the altcoin has surged over 10%, trading at $7.43. According to CoinMarketCap, Render's trading volume and market cap have also seen significant growth.

It is worth noting that the token's trading volume soared by 43%, reaching $1.26 billion in just one day.

A turbulent week brings a strong comeback

Despite the recent rebound of RNDR, this week has been very difficult. Its price saw a big dump of nearly 40% - the largest drop since the symmetrical triangle consolidation breakout. This decline has shaken market confidence, but altcoins have seen significant recovery.

In the past 48 hours, it has erased losses and surged by 29%. This rapid rebound solidifies RNDR's position as one of the top-performing tokens in the Solana ecosystem.

RENDER5,69%

SOL3,02%

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