THE BEST 15X Altcoin To Buy On This Crash! (easy money)

No Bs Crypto
3 Oct 202416:14

Summary

TLDRThe video discusses Render Network, a cryptocurrency with strong ties to AI and the Solana ecosystem, as a promising investment for significant returns. Highlighting partnerships with industry giants like Microsoft and Nvidia, the video suggests Render's utility in AI and graphics rendering. The speaker forecasts a potential 15x increase in value, with a detailed analysis of market cap and tokenomics, emphasizing the importance of understanding fundamentals and market trends for successful crypto investments.

Takeaways

  • 🚀 Render Network is highlighted as a strong investment opportunity with a potential 15x return due to its connections with AI and big industry players like Microsoft, Nvidia, and BlackRock.
  • 🤖 The Render Network is built off the back of AI developments and aims to capitalize on the growth of AI infrastructure in the coming 6 to 12 months.
  • 💼 The Render Network has significant ties with the Solana ecosystem and could benefit from a $16 billion influx into Solana and Solana-based projects.
  • 🌐 The Render Network is used for distributed rendering, allowing artists, architects, and engineers to utilize a decentralized network of GPUs, making the rendering process faster and more efficient.
  • 🏆 Grayscale's decentralized AI fund allocates 25% of its portfolio to Render, showcasing its strong position among other large-cap cryptocurrencies like Filecoin and NEAR.
  • 🎨 Render Network has been used in real-world projects, such as the opening sequence of *The Last of Us* and effects in Lil Nas X’s *Montero* music video, emphasizing its practical use cases in media and entertainment.
  • 📈 The speaker predicts a potential price high of $150 for Render, but advises caution by targeting a safer price level of $97.50 due to market liquidity factors.
  • 🖥️ The Render Network is integrated with leading industry tools like Blender and Cinema 4D, making it accessible to millions of users and simplifying the rendering process.
  • 🔥 Render Network utilizes a burn-and-mint equilibrium method, where tokens are burned during usage, which can help support the token's price by reducing supply over time.
  • 🔗 The parent company of Render, OTOY, has partnered with industry giants like Adobe, showcasing its established presence in the cloud graphics market and its ability to attract large-scale partners.

Q & A

  • What is the main coin discussed in the script and why is it considered a strong investment opportunity?

    -The main coin discussed is Render Network (RNDR). It is considered a strong investment opportunity because it is well-positioned in the AI and decentralized computing space. The coin benefits from partnerships with major companies like Microsoft, Nvidia, and Google, and is part of the Solana ecosystem. The creator predicts that the growing demand for AI and distributed rendering will drive its value up significantly.

  • What major companies are investing in AI infrastructure, and how is Render Network related to them?

    -Companies like BlackRock, Microsoft, and Nvidia are investing up to $100 billion in AI infrastructure. Render Network is closely connected to Nvidia through collaborative work that dates back over ten years in distributed rendering technology. This historical relationship positions Render Network to benefit from the rising demand for AI computing power.

  • Why does the speaker believe Render Network has a strong potential for growth despite its current market cap?

    -The speaker believes that Render Network has strong potential due to its established use case in graphics rendering, partnerships with industry giants, and integration within the Solana ecosystem. Despite its relatively high current market cap of $2.8 billion, the speaker argues that long-term growth in AI and decentralized computing will drive up demand for RNDR, making it a safer bet than smaller, riskier cryptocurrencies.

  • What was Render Network's all-time high, and what is the speaker's new price prediction?

    -Render Network's previous all-time high was around $13. The speaker predicts that RNDR could reach as high as $150 in the next bull cycle. He expects that a more realistic price range would be around $97.50, which represents a 15x increase from its current value.

  • What are some real-world use cases of Render Network mentioned in the script?

    -Render Network has been used in notable projects such as the opening sequence of 'The Last of Us' and visual effects for Lil Nas X's 'Long Live Montero' music video. Additionally, the first-ever display on the Las Vegas Dome was processed using the Render Network.

  • How does the speaker justify Render Network’s high price predictions despite the potential for inflation in its circulating supply?

    -The speaker explains that while inflation traditionally dilutes value, it may not have the same effect in crypto because the tokens are often locked in escrow or are part of vesting schedules. Thus, they are not immediately available for sale on the open market. Additionally, the team and holders of these inflationary rewards are less likely to sell, which minimizes its impact on price.

  • What other major projects are closely aligned with Render Network's vision and use cases?

    -Render Network has integrated with Blender and Cinema 4D, two major software platforms for 3D modeling, rendering, and animation. Blender has 12% of the market share and around 2 million users, while Cinema 4D has 55.5% of the market share, making these integrations a significant step for Render Network in expanding its user base.

  • What are some unique aspects of Render Network’s tokenomics that support its long-term value?

    -Render Network uses a burn and mint equilibrium method, where RNDR tokens are burned and new ones are minted after a job is completed. This mechanism helps maintain scarcity and encourages continuous use of the platform. Over 135,000 RNDR tokens have already been burned, worth around $750,000.

  • Why is the integration with Blender and Cinema 4D considered a significant development for Render Network?

    -The integration allows millions of users on these platforms to seamlessly access the decentralized rendering resources provided by Render Network, making it easier for creators to utilize its capabilities. This is expected to drive more adoption and demand for RNDR tokens as the primary utility within the ecosystem.

  • What advice does the speaker give regarding investment strategies for Render Network?

    -The speaker advises against aiming for the absolute highest price levels and instead recommends a more conservative strategy of exiting at realistic levels. He suggests targeting lower levels, like $97.50, which represents a 15x gain, and not expecting to cash out at $150 due to market volatility and liquidity constraints.

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Render NetworkAI cryptoGPU renderingSolana ecosystemCrypto investmentsBlockchain technologyMarket predictionsDecentralized renderingRender tokenNvidia partnerships