Bitcoin Lingers Under $27K to Continue Its May Sluggishness Amid Inflation Concerns

Groth famed that LTC and RNDR, the token of the Render Network, a provider of decentralized graphic processing units-based rendering solutions, ranked the CoinDesk Table of contents biggest gainers for May. LTC and RNDR have risen roughly 20% and 7.5% over the past 30 days. “We’ve greeted the narrative of GPUs broadly repurposed to be these big AI (artificial intelligence) clusters and Render is effectively a decentralized AI cluster,” Groth said. “So there’s no eye-opener that on a relative basis, it outperformed, given the buzz and hype over Chat GPT, all these LLMs. That draw a understood some of that Nvidia bump up.”