FET jumps 11%, RNDR soars 17% while NEAR lags: AI for the win?

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As the market showed signs of recovery from the bloodbath that happened a few days ago, AI tokens also joined the trend.

Render outperformed other top AI tokens like FET and NEAR as its price surged by more than 17% in the last 24 hours. Top AI tokens such asThe change in market sentiment allowed several AI tokens to gain bullish momentum. Thanks to that, AI tokens’ market capitalization increased by more than 7% in the last 24 hours.

Its supply on exchanges also dropped, reflecting that investors were buying the AI token. Additionally, positive sentiment around the token remained high in the last few days.Though FET’s performance was commendable, Render’s growth momentum was even higher as its price increased by over 17% in the last 24 hours. At press time, it was trading at $9.42 with a market cap of over $3.5 billion.We found that RNDR’s supply on exchanges dropped while its supply outside of exchanges increased.

 

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