The decline in Render's price is part of a broader downturn affecting AI-related cryptocurrencies. Many AI-focused crypto tokens, such as Render, have experienced steep declines, as have tech stocks with strong AI connections, including NVIDIA and Google. Despite the challenges faced by AI investments, the Infinaeon token presale has been making impressive strides since the launch of the Infinaeon mainnet and DEX. The presale has now amassed close to $1 million. These two components of the Infinaeon initiative were launched as planned, with no significant technical issues, resulting in a surge of INF presale purchases from large investors, some investing over $50,000. This article will explore the recent downturn in the AI-crypto sector, focusing on the Render price drop. It will also look into the Infinaeon presale, highlighting the factors behind its success, including the recent mainnet and DEX launches and the enticing bonus offer available to investors. Render Price Declines Amid Broader AI-Crypto Challenges Render's price has taken a significant hit, briefly falling below $6 for the first time in several months. The chart indicates multiple support levels have been breached, with bearish trends dominating as short-term moving averages suggest a selling environment. Render (RNDR) is a decentralized GPU rendering network based on the Ethereum blockchain. Its goal is to offer a more accessible and cost-efficient solution for 3D rendering, animation, and other resource-intensive tasks. By connecting users with idle GPU resources, Render provides faster and more affordable rendering compared to traditional cloud services. The drop in Render's price was triggered by a broader sell-off in the AI-crypto market. The introduction of the DeepSeek chatbot caused ripples across the crypto and tech sectors because it suggested that AI agents could be trained using far fewer GPUs than previously thought necessary. This revelation has sparked concerns about future GPU demand and potential impacts on companies like NVIDIA that are heavily invested in the AI space. A rebound in Render's price could be possible if overall sentiment towards AI improves as more details about DeepSeek become available. However, for the time being, market caution prevails, keeping downward pressure on Render's price. Render's price has faced a substantial decline. Source: CoinGecko Infinaeon DEX and Mainnet Launch Mark a Major Milestone The Infinaeon mainnet launched in early January, going live smoothly and immediately processing transactions and confirming new blocks. This launch was accompanied by the release of a block explorer that enables anyone to track network activity. This mainnet deployment is a key component of the project's layer-2 scaling strategy. Infinaeon aims to provide a more efficient and less costly platform for transactions, addressing the congestion and high fees that have troubled the Ethereum network. Following the mainnet's debut, the decentralized exchange Infinity Swap was launched. This DEX is crafted to offer a seamless trading experience with minimal fees, high-speed transactions, and a user-friendly interface. It also features Infinaeon Plus as its primary wrapped ETH asset, allowing projects to leverage its value growth mechanism. These developments have significantly heightened interest in the presale, with substantial purchases from large investors following the launches. This indicates growing confidence in Infinaeon's potential as a leading Layer-2 solution and its commitment to fulfilling its promises. INF 60% Presale Bonus Offer Now Available The Infinaeon presale has almost reached half of its goal. Once it hits the $2 million mark, the token will be launched with a market capitalization of just $10.25 million. This lower market cap is one of the factors driving optimism around the token, as it is significantly lower than similar projects like ARB and OP, potentially offering more growth potential. Adding to the presale's allure is the INF60 bonus code, granting participants a 60% bonus on their token purchases. To claim this offer, simply enter the code "INF60" before finalizing your purchase on the Infinaeon presale page. Participate in the Infinaeon Presale Today Presale: https://presale.infinaeon.com/ Telegram: https://t.me/Infinaeon/ Discord: https://discord.com/invite/WSy65uAYfd X: https://x.com/Infinaeon
